Thursday 24th April 2014                 Change text size:

Business woman- mirianpastor via Flickr

Gender equality on boards improving – but pace is too slow

The third annual review tracking the progress of increasing the number of women on the boards of top companies shows encouraging signs. However, the pace of change means the government could miss its target. A 2011 government-commissioned review led by Lord Davies of Abersoch recommend a target of women...


Emilian Robert Vicol via flickr

Netherlands to end funding for overseas coal plants in boost for fossil fuel divestment campaign

The Netherlands has vowed to stop financing new coal projects overseas, in an announcement that has been hailed as another positive sign for the fossil fuel divestment movement.   In a joint statement published on Monday, the Netherlands and the US affirmed their belief in the importance of low-carbon investment....


@BBCr4today via twitter

Nick Clegg and Nigel Farage set for live EU debate

Liberal Democrats leader Nick Clegg and UKIP leader Nigel Farage are set to go head-to-head in a live debate on Wednesday night to discuss Britain’s role in Europe. The hour-long debate, hosted by the LBC 97.3 radio station at 7pm on Wednesday night, will also be shown on Sky...


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British Gas boss faces calls to forego bonus

The boss of British Gas Chris Weston is facing calls to give up his bonus, following allegations of ‘predatory pricing’ and bill increases. Centrica, the parent company of British Gas, is said to be slashing its top executives bonuses for 2013 after a poor performance. British Gas announced a...


Tom Page via Flickr

SSE announces price freeze until 2016

Energy company SSE said it is freezing electricity and gas prices for its customers until 2016, after it announced an 8.2% energy price rise back in October. The firm said that by cutting hundreds of jobs and shelving three offshore wind farm projects, it should be able to save...


by Number 10 via flickr

Poll: three-quarters of voters want more environmental policies

Almost three-quarters of UK voters feel that the major political parties need to focus more on the environment, renewable energy and efforts to cut carbon emissions, according to a new poll. The survey, commissioned by WWF-UK, also found that 47% of voters are willing to switch their political allegiance...


gas ring by Lee Haywood via flickr

Competition in energy market is improving, says trade body

An independent report, commissioned by trade body Energy UK, argues that the energy market is changing and competition is improving. The publication comes as the energy regulator is expected to announce an inquiry into the sector. It is anticipated that regulator Ofgem will recommend a formal inquiry into the...


Elliott Brown via Flickr

Lloyds accused of short-changing PPI victims

Lloyds Banking Group has become embroiled in a ‘scandal within a scandal’, after being accused of using a legal loophole to shortchange people owed compensation after they were mis-sold payment protection insurance (PPI). The PPI mis-selling scandal involved banks selling insurance to customers to protect loan repayments if they...


SONY DSC

Investors to have ‘their say on pay’ through new tool

A new tool that aims to help savers take a stand on pay has been launched by responsible investment charity ShareAction to coincide with Ownership Day. The organisation is calling on investors to use their votes to say ‘no’ to “excessive pay at the top and poverty pay at...


Spacemanbobby via Flickr

World Health Organisation: 7 million people died because of air pollution in 2012

The World Health Organisation (WHO) has revealed that one in eight total global deaths in 2012 was been caused by air pollutants, which resulted in a high number of cardiovascular and respiratory diseases. The organisation estimates that pollution from industries, cooking fires and auto fumes caused 7 million premature...


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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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