Tuesday 16th September 2014                 Change text size:

lloyds bank 2 by ell brown via Flickr

Lloyds Bank has admitted to sending misleading debt-collection letters under third party name

Lloyds Banking Group has admitted to sending misleading letters to its customers regarding debt collection, using an independent law firm’s name even though the letters were from in-house lawyers. António Horta-Osório, Lloyds’ chief executive, has admitted to the practice, which has been going on since the 1980’s. The executive...


Photo: Graham Lacdao / St Paul’s Cathedral

Women in leadership: companies with gender balanced teams ‘more profitable’

The business case for having a gender balanced workforce is “compelling”, according to Liz Bingham, managing partner for talent at consultants EY. Speaking at St Paul’s Cathedral three days after a vote to allow women bishops in the Church of England, Bingham said the challenge was about “getting business...


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What would we do with £200,000?

Yes, that’s how much has been pledged in pre-registrations for the Blue & Green share offer. We are amazed and humbled by the confidence and generosity of our readership, so we wanted to share with you where the money would actually go. In terms of technology, we need to...


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Report: climate bonds enter mainstream, reaching $502bn

The sums invested in bonds related to climate change have rapidly grown in the last year, a new report shows. The investment vehicle is entering the mainstream and becoming an increasingly popular choice for investors with the market now standing at an estimated $502.6 billion (£293.6bn). The report –...


Photo: Kara Allyson via Flickr

Sustainable investors can see where they’re investing

Transparency is king in the world of sustainable investment, writes financial adviser Richard Essex. This article is an extract from Richard Essex’s 2014 book, Invest, Feel Good and Make a Difference, which is available now on Amazon. Many years ago, I was attending a seminar hosted by a well-known fund manager....


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Triodos Bank divests from Google over arms link

Ethical bank Triodos has taken the decision to divest from Google after an acquisition means the firm now has links with US defence agencies and the development of armed robots. Triodos Bank has a zero tolerance policy on arms. Google has acquired Boston Dynamics, a company that is specialised...


Photo: Colin Brough via Free Images

Politicians risking much-needed renewable energy investment, says CBI

Populist politics and short-term thinking are risking crucial investment in energy and threatening our ability to reach climate change targets, the UK’s leading business lobby group has warned. On Thursday, the CBI will publish a new poll of over 550 business leaders and 2,300 households that reveals growing concern...


Photo: Renewable Energy Association

‘Financial innovation’ critical to renewable energy’s success – ex-minister Greg Barker

The government’s former energy and climate change minister has called for a “relentless and remorseless” push to drive down the costs of renewable energy technologies – in what proved to be one of his final public engagements in office. Speaking in London last Thursday at a breakfast meeting organised...


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Carney: Bank of England taking steps to avoid ‘mortgage risks’ and increased ‘indebtedness’

The Bank of England (BoE) governor Mark Carney has expressed steps the bank will take in order to prevent another mortgage crisis. Giving evidence to the treasury select committee, Carney said in some cases high ratio mortgages were necessary, especially for first time buyers, who’s wages were developing. He...


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Sustainable September to be supported by Charity Bank

Charity Bank – a bank that exclusively serves the social economy – is one of the partners of Blue & Green Tomorrow’s month-long sustainability celebration, Sustainable September. During the month of September visionaries and thought leaders will be brought together to discuss all aspects of sustainability.  An Oxford-style debate...


Photo: Tidal Lagoon Power Limited

Tidal lagoon renewable energy plants could add £27bn to UK economy

A new wave of six tidal lagoon power plants could contribute £27 billion to the UK economy over a 12-year period starting in 2015, according to a new study. Plans for the world’s first tidal lagoon – a proposed £850 million project in Swansea Bay – are currently going through...


Photo: Jocelyn via Flickr

Croydon Council announces move to ethical pension funds

Croydon Council’s pension committee has decided to move the pension funds of council employees from tobacco to a socially responsible fund, after saying they will get a better investment deal. The council has said they will move away from investing in tobacco as it isn’t in line with their...


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Neil Woodford: full fund disclosure is ‘right thing to do’

Neil Woodford, formerly the UK head of equities for Invesco Perpetual, has publicly revealed every single holding in his new fund, CF Woodford Equity Income Fund. The decision comes as investors are becoming increasingly interested in where their money is invested. The fund, which launched on June 2 2014,...


Photo: Tejvan Pettinger via Flickr

£1m fund announced for Oxford sustainable transport

Oxfordshire county council has announced a boost to green transport in the county thanks to a £1 million investment through the local sustainable transport fund. The UK government created the sustainable transport fund after the ‘creating growth, cutting carbon’ white paper in 2011, which aimed to cut carbon emissions...


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ShareAction calls for legal changes to create responsible pension investment

Responsible investment charity ShareAction has launched its Manifesto for Responsible Investment, which calls for legal change to ensure that private pension providers are accountable and transparent to savers.  Issues around the responsible investment of pensions are becoming more prominent as auto-enrolment continues to be rolled out across the country,...


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