Thursday 30th October 2014                 Change text size:

50 pound notes By Images_of_Money via Flickr

New SME lending rules to ‘open the flood gates’ for alternative finance

Banks in the UK may soon be forced to help small and medium sized enterprises (SMEs) find alternative sources of finance if they turn them down for loans, under proposed legislation outlined today. The unveiling of the rules, which are expected to take effect in Autumn, follows a Competitions...


Hong Kong

Asia Climate Partners in $400m low carbon investment venture

ORIX, Asian Development Bank and Robeco have committed to a $400 million (£237m) joint venture that promises to mobilise private equity investment in low carbon initiatives across the east. The three groups have united to form the Asia Climate Partners (ACP), which will be founded in Hong Kong, with...


ANU by Stephen Dann via flickr

Australian National University to take sustainable investment advice from CAER

Environmental campaigners have welcomed the Australian National University’s (ANU) decision to hire research firm CAER, to advise the institution on sustainable and ethical investment. ANU’s new agreement with Canberra-based analysts CAER will mean its investments are judged according to social, environmental and ethical risks. “ANU recognises the importance an...


payday loan By Jason Comely via Flickr

Savers should be allowed to access pensions and avoid payday loans, say experts

Investment firm Hargreaves Lansdown have suggested that households should be able to access a cash reserve of a few hundred pounds, withdrawn from their savings, in order to avoid relying on payday loans. Accessing pensions before retirement, suggest the firm, would take the immediate pressure off households when struggling...


Photo: Attilio Lombardo via Free Images

Four Winds Energy Co-op extends renewable energy share offer

A renewable energy co-operative seeking investors to support two community-owned 500 kilowatt (kW) wind turbines has extended its public share offer. The Four Winds Energy Co-op has now received sufficient funding to develop its first turbine in Duckmanton, near Chesterfield, having raised over £2.6 million. Construction will start imminently and...


Graph With Stacks Of Coins

Second annual Global Retail Banking Innovation Awards open for applications

The Global Retail Banking Innovation Awards, established by Efma and Accenture, is looking for cutting-edge marketing and distribution innovations from retail banks for their global award ceremony. Efma, whose membership includes nearly one-third of all global retail banks, in partnership with Accenture, a global distribution and marketing firm, will...


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HSBC chairman criticises banking reform amid profits fall

The chairman of HSBC has criticised banking reforms, which aim to deter irresponsible behaviour within the sector, stating that there is a “growing danger of disproportionate risk aversion”. His comments come as the bank reports a 12% fall in first-half profits. HSBC’s first-half results report a pre-tax profit of...


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Wellcome Trust buys Co-op Group’s farm business for £249m

The Co-operative Group has confirmed the sale of its farms business for £249 million to the Wellcome Trust. Concerns have previously been raised about the ethics of a potential buyer, but the group has asserted that the trust has values that align closely with its own. It was first...


SodaStream by Ted Eytan via Flickr

Soros Fund Management divests from Israel-based SodaStream as Gaza conflict continues

The fund management firm of billionaire and philanthropist George Soros has divested from the Israeli-based SodaStream, as pressure mounts on investors to avoid companies at all involved in the occupation of Gaza. SodaStream, headquartered in the city of Lod, has been targeted by campaigners for its decision to base...


Tree - Cochabamba

Cochabamba Project asks investors to contribute to reversing environmental degradation

The Cochabamba Project, which supports Bolivian families to stop slash and burn farming of the Amazon, is asking investors to support their aim of reversing the environmental degradation of the area through a loan stock offer. The project has now established 1,400 hectares of commercial tree plantation on around...


hands-money

Everybody’s 10% is more influential than a few with 100%

If we all chip in to help sustainable and ethical investment move from the margins into the mainstream, the market will not only grow quicker, it will also gain credibility, writes Richard Essex. This article is an extract from Richard Essex’s 2014 book, Invest, Feel Good and Make a Difference,...


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Lloyds Bank predicts increased issuance of responsible bonds

Lloyds Bank has predicted that the issuance of environmental, social and governance (ESG) bonds will continue to grow, after seeing huge demand for its own green bond. According to the Financial Times, Lloyds’ ESG bond raised over £250 million, but could have raised considerably more based on initial demand....


Photo: Kiril Havezov via Free Images

Is it right to invest in an FFFF (Fossil Fuel Free Fund)?

With the arguments against investment in fossil fuel companies mounting, Clare Brook, founding partner at WHEB Listed Equities, asks if going fossil fuel free is simply the right thing to do. When the American environmentalist, Bill McKibben, published his article ‘Climate change’s terrifying new math’ in Rolling Stone magazine in 2012,...


Photo: dave.dave.dave via Flickr

DNA sequencing project to receive £300m investment

The UK has announced its ambitions to become a world leader in the field of medical DNA research, with a series of investments worth £300 million. The combination of public and private investment will be spread across a number of initiatives as part of the 100,000 Genomes Project. The...


images of money via flickr

Startup loans scheme reaches £100 million

Government-funded programme to help British entrepreneurs and startups has supported 20,000 loans so far, moving beyond £100 million and significantly helping previously unemployed people. Founded in 2012 by Lord Young and chaired by entrepreneur James Caan, the Start-Up Loans scheme aims to help those with creative and innovative ideas...



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