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Banks, insurers, and lobbyists in the United Kingdom donated 15 million pounds ($18.75 million) to political parties and gave more than 2 million pounds to lawmakers during the pandemic, highlighting the "oversized influence" of the finance sector on the British political system, said a campaign group.
Total donated to parties by financial firms and individuals tied to the sector over two years, report says
Bank of England's new stress test exercise suggests financial firms' profits would be hit
After facing much scrutiny over the climate credentials of its Corporate Bond Purchase Scheme, the Bank of England has published a roadmap for aligning the Scheme with net-zero by 2050.
Companies will outline how they aim to meet the UK's 2050 net-zero target, under government rules.