Thursday 17th April 2014                 Change text size:

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Half of Britons oppose HS2, poll finds

Over half of all Britons oppose the development of the controversial HS2 rail line, according to the results of a new survey. The ComRes poll, commissioned by the HS2 Action Alliance protest group, found that 52% oppose the current plans to build HS2 while around 30% support them.  Some...


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Standard Life in talks to acquire Ignis Asset Management

Edinburgh-based pensions and insurance firm Standard Life has confirmed that it is in talks to buy Ignis Asset Management from rival firm Phoenix Group Holdings. Ignis has £67 billion of assets under management and if the deal goes ahead, Standard Life would become one of the UK’s largest investment...


Andreas-Krappweis-via-flickr

UN: 13 of 14 warmest years on record were in 21st century

The World Meteorological Organisation (WMO) has revealed that 2001-2010 was the warmest decade on record, while 13 of the 14 warmest years in recorded history have occurred in the 21st century. The WMO previously said that 2013 had been the sixth warmest year on record and stressed the dramatic...


Photo: MsSaraKelly via Flickr

F&C: responsible investment ‘continues to gather momentum’

Responsible investment “continues to gather momentum globally”, driven by investor values, risk management and the introduction of stronger codes and standards, according to asset management business F&C. The firm – which controls £83.4 billion in assets – said environmental, social and governance (ESG) issues were now “material to long-term...


U.S. Geological Survey via flickr

Thawing Arctic releases more carbon than it absorbs

The benefits of an Arctic region that stays greener for longer because of warming temperatures are not sufficient to offset the carbon released by the thawing permafrost, scientists have found. As the Arctic climate warms at twice the rate of the rest of the globe, the region’s ‘growing season’...


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Researchers find fracking safety data is ‘sparse’ across Europe

A study from independent research consortium Researching Fracking in Europe (ReFINE) has found that data looking at the risks of leaking shale gas wells is “sparse”. It says current numbers show huge disparity in the safety of such wells. The study, published in Marine and Petroleum Geology, found that...


Patrick Finnegan

£310m Hull offshore wind plant given go-ahead as Siemens confirms investment

Siemens has announced a £160m investment in an offshore wind turbine manufacturing plant in Hull, which is set to create 1,000 direct jobs and many more in the construction phase. The two sites chosen for the project, which has also received £150m of investment from Associated British Ports (ABP),...


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Ownership Day: age of ‘invisible investors’ passing

Pension funds have been urged to “lead from the front” and hold companies to account. To mark the second annual Ownership Day, institutional investors are being encouraged to be more ‘active owners’ and use shareholder power to make companies more sustainable. A poll commissioned by the UK Sustainable Investment...


David Pleavin @DavidWeeble via flickr

Green Party MP Caroline Lucas appears in court after arrest in fracking protest

Green party MP Caroline Lucas appeared in court on Monday charged with blocking a highway and breaching the public order act, after her arrest at an anti-fracking protest last year. The former party leader and current MP for Brighton Pavilion was arrested in August outside an exploratory drilling site...


Bruce FJ58AKK National Express

National Express shareholders seek to address employment issues

A group of three pension funds and 100 individual shareholders have co-filed a shareholder resolution in an effort to improve employee rights at National Express. The resolution is part of a growing trend of rising investor inertest in human capital issues. The shareholders are calling for the multinational transport...


Peter aka anemoneprojectors - camera busted! via flickr

Wetter winters may pollute UK rivers, scientists warn

Intense winter rainfalls might cause more agricultural chemicals to be washed away into waterways, polluting rivers and encouraging the growth of algae, according to UK academics. Researchers from English and Welsh universities have suggested that if British winters continue to be mild and wet, much like the winter that...


USFWS International @USFWSInternatl via twitter

Experts propose $10.5m plan to save Cross River gorilla

Conservationists have laid out a $10.5m (£6.4m) plan to protect the world’s rarest gorilla from poaching and habitat loss. The critically endangered Cross River gorilla is found only along the southern section of the Nigeria-Cameroon border, in an area of around 12,000 sq km. The species was once thought...


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Co-op Bank seeks additional £400m after £1.5bn rescue plan

Just months after completing its £1.5 billion recapitalisation plan, the Co-operative Bank is seeking to raise an additional £400m following the discovery of another hole in its balance sheet. The extra money must be raised in order to ensure the bank meets its minimum capital requirement. The revelation means...


James via flickr

‘Landfill ban’ would boost jobs and economy, Green Alliance says

Banning food, plastics, electronics and other waste materials from going to landfill could support 47,500 skilled British jobs and save billions of pounds in the economy, according to a new study. The analysis, undertaken by the charity and thinktank the Green Alliance, also says that by reusing, remanufacturing and recycling...


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Islamic investment becoming ‘financial powerhouse’ in the UK

Sharia-compliant investment is rapidly growing in the UK and has become a “financial powerhouse”, according to specialist asset manager London Central Portfolio (LCP). However, the firm added that there are still limited investment options in the sector. Islamic finance shares many similarities with ethical finance, including screening out certain...


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