Wednesday 23rd April 2014                 Change text size:

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Vince Cable calls on FTSE 100 to create sustainable remuneration packages

Business secretary Vince Cable has warned the remuneration committees of FTSE 100 companies to curb excessive pay packages or risk further action. He argued that more sustainable deals and a focus on long-term goals were needed. Cable’s comments come ahead of this year’s annual general meeting (AGM) season, which...


Lip Kee Yap via flickr

Maltese people call for referendum over migratory bird hunts

British conservationists have joined Maltese citizens in protesting against the annual hunting of migratory birds, which local hunters have defended as a ‘tradition’. Each year, several bird species migrate from Africa to Northern Europe, flying over Malta. Despite spring hunting being banned by the EU, the country is allowed...


matt buchanan via flickr

Apple reveals environmental progress and warns that climate change ‘is real’

Tech giant Apple has outlined a range of improvements to its sustainability credentials and warned that climate change “is real” and is “a problem”. The company also claimed that it wants to leave the world in a better state than how it found it. Apple revealed that 94% of...


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National Trust opens Snowdonia hydro plant and launches renewables trading arm

The National Trust’s first large-scale renewables project has been installed and will sell electricity through a new energy trading company. The money raised from the venture will be ploughed back into conservation projects. The new hydro turbine has been installed at the charity’s Haford y Llan farm in Snowdonia,...


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Student-led fund proves socially responsible investing can be profitable

The Haas Socially Responsible Investment Fund, which is led by master of business administration (MBA) students at the University of California, Berkeley, has demonstrated that responsible investment doesn’t have to have a negative impact on returns after it beat the market by almost 5% from 2011-2014. When the fund...


Photo: Lock the Gate Alliance via Flickr

More research needed into health impacts of fracking, experts warn

Much more needs to be done to investigate the impacts of fracking on human health to ensure that industry regulation will adequately protect the British public, experts have warned. Writing in an editorial piece for the British Medical Journal, experts from the multi-disciplinary group Physicians Scientists and Engineers for...


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Bank of England to manage financial services security check

The Bank of England is set to oversee a series of “ethical hacking” operations of financial services firms, in a bid to assess their defences against cyber crime. Ethical hacking involves individuals attempting to penetrate networks or computer systems using the same methods as a hacker in order to...


Outside shot of Maghull Food Store, Merseyside

Co-operative Bank’s troubles blamed on governance

Reports suggest that the governance structure at the Co-operative Bank will be blamed for its troubles over the last year in a publication looking at the institutions near-collapse due to be published next week. Earlier this month, the Co-op Bank announced a loss of £1.3 billion for 2013 and...


Cathy Kaplan via stock.xchng

Pharmaceutical firms GSK and Novartis announce multi-billion deal

Swiss and British pharmaceutical giants Novartis and GlaxoSmithKline (GSK) have swapped assets and agreed on creating a joint venture that will focus on consumer healthcare. The news comes amid troubling times for GSK, as the company has recently been involved in bribing scandals. The deal will see Novartis buying...


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Cable announces public register of company ownership

The UK government is to demand that companies list their true owners on a public register, in a move that business secretary Vince Cable says will tackle “the darker side of capitalism”. The register would list the name, nationality and date of birth of anyone with an interest in...


Roman Harak via flickr

Seoul warns of nuclear test preparation in North Korea

The South Korean defence ministry is worried about signals of a possible nuclear test arriving from neighbouring Punggye-ri in North Korea, where three previous tests had been carried out. Kim Min-Seok, a ministry spokesman, said, “Our military is currently detecting a lot of activity in and around the Punggye-ri...


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‘Freedom to frack’ on private land sparks outrage

The government is about to include plans in an infrastructure bill to allow energy companies to drill on private land without permission, despite protests of residents and green groups. The bill will be part of the Queen’s speech in June and would see changes in the trespass law, so...


Photo: Ashley Coates via flickr

Britain’s nuclear waste site almost certain to leak

The Environment Agency has admitted that it was a mistake to build the UK’s nuclear waste dump on its current location on the West Cumbrian coast, warning it is almost certain to leak contaminated waste within “a few hundred to a few thousand years”. According to an internal document...


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Britons should ‘embrace’ onshore and offshore wind, says Ed Miliband

Leader of the Labour party Ed Miliband has called for Britain to “embrace” both onshore and offshore wind farms. He added that the party’s manifesto for the next election would include renewable energy commitments. According to the Telegraph, Miliband said, “I understand the reasons why people worry about wind...


Photo: Wesley Ferreira Oliveira via freeimages

Urbanisation and ‘green cities’ on the agenda for Earth Day 2014

Millions of people from across the world are taking part in Earth Day on Tuesday – a large-scale event that in 2014 is calling for more green spaces in cities, greater environmental protection and concerted action on climate change. Kathleen Rogers, president of the Earth Day Network, said, “Earth Day...


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