Thursday 24th April 2014                 Change text size:

Rob Schofield via flickr

City firms to tackle air pollution in London’s Square Mile

Eighteen firms in the City of London have pledged to take action to improve air quality in the capital’s Square Mile, in an effort to help the UK meet its legal pollution limits. The initiative is part of the CityAir scheme, led by the City of London Corporation. Among...


Michael & Christa Richert via stock.xchng 1

Human contribution to climate change ‘clear as link between cancer and smoking’

A new report by the American Association for the Advancement of Science (AAAS) has urged the public to accept the overwhelming evidence that human activities are driving climate change, warning that we face an enormous crisis. The report by AAAS, titled What We Know, said that many in the...


by Ivan Mlinaric via flickr

Amazon rainforest inhales more carbon than it emits, NASA study finds

The Amazon rainforest naturally absorbs more carbon out of the atmosphere than it emits, according to a new study that underlines the importance of the threatened environment. The Amazon is one of the greatest and most important ecosystems on the planet. It is estimated that about 10% of all...


soosalu via Flickr

Budget 2014: Osborne freezes carbon price floor and boosts North Sea oil

Chancellor George Osborne has delivered a budget that environmental campaigners have called “dirty business as usual”, after the announcement of policies that will support fossil fuel companies and cut the price of carbon. In his budget speech, Osborne pledged that the government would invest in new sources of energy...


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Budget 2014: Investment tax relief to boost social enterprises

Chancellor George Osborne made a number of announcements during the budget that will impact on investment and personal finance, including a tax relief for investment in social enterprises. Other measures include greater ISA flexibility and the launch of a Pensioner Bond. Osborne declared the government was backing social enterprises...


Photo: Stefano Brivio via Flickr

Budget 2014: the reaction

The chancellor George Osborne has delivered his annual budget statement, a plan that he claims is “for the makers, the doers and the savers“. His full speech can be found here. Below is a selection of budget responses from people in the sustainability and finance space, updated as and...


Bank of england by Rev Stan via flickr

Bank of England may consider ‘green quantitative easing’ in future

The Bank of England may consider new types of assets, rather than government bonds, if it prints additional money as part of the quantitative easing programme, the governor of the Bank, Mark Carney, has said. The central bank began the quantitative easing programme in 2009 in a bid to...


by The Royal Mint via twitter

Budget 2014: new £1 coin revealed

The new-look £1 coin, designed to be the hardest in the world to fake, has been unveiled. Based on the historic three pence piece, it will be introduced in 2017. Ahead of Wednesday’s Budget, chancellor George Osborne tweeted an image of the £1 coin next to the Budget Box, saying,...


Photo - Simon Cunningham via Flickr

Budget 2014: Osborne to deliver budget for ‘resilient’ economy

Chancellor George Osborne has said he will “deliver a budget for a resilient economy”, ahead of its official announcement at 12:30pm today. Whilst the UK economy has been improving, Treasury sources told the BBC that the government’s economic plan “was far from done”. The budget is expected to raise...


Photo - connor212 via sxc.hu

Women leading family-owned firms increases profitability, says study

A new study has suggested that female chief executives “significantly improve” the profitability of family-owned companies, particularly when there is a large number of women on the board. The paper, called Gender Interactions Within the Family Firm, explores the transitions from male to female chief executives of family-owned companies...


Mark Carney 2 by Bank of England via Flickr

Bank of England rejigs leadership group with three appointments

The Bank of England has announced three senior appointments as part of a shake-up by its governor, Mark Carney. The changes follow criticisms about the Bank’s response to manipulation in the foreign exchange (forex) market. Ben Broadbent will become the deputy governor for monetary policy and Nemat Shafik will...


Graph With Stacks Of Coins

High net-worth investors plan to invest more amid rising confidence

High-net-worth investor confidence has reached its highest level since the global economic crash, according to a new poll, leading many to plan to invest larger sums throughout 2014. The survey, by the deVere Group consultancy, questioned more than 750 investors based in the UK, the US, Hong Kong, Indonesia,...


Lauren Tucker via flickr

Climate change could reduce crop yields as soon as 2030

Climate change will hit crop yields in temperate and tropical regions earlier than first thought, a new study has found. The study, published in the journal Nature Climate Change, warns that global warming of only 2C is likely to reduce yields of staple crops as early as the 2030s....


stern

Budget 2014: Osborne must lay out vision for greener UK, says Lord Stern

Leading economist Lord Stern has urged the chancellor George Osborne to seize the opportunity presented by his annual budget to boost investment and innovation in the green economy. Stern led the writing of a government commissioned review on climate change in 2006. He has since admitted that the review...


Tim Evanson via Flickr

Dart Energy’s Scottish gas drilling plans face public inquiry

Dart Energy’s plans to drill for gas from an underground coal bed near Airth, Scotland, have come under scrutiny amid fears for the local environment, communities and climate targets. The company has plans to drill 22 wells in an area close to Falkirk and Stirling councils. These have been...


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