Wednesday 23rd April 2014                 Change text size:

potholes by Alan Stanton via Flickr

Government announces £140m ‘funding boost’ for flooded road repairs

The Department for Transport has said an additional £140m will be given to local councils in order to help them repair roads damaged by the recent floods. The measures were announced by the transport secretary Patrick McLoughlin on Sunday after some councils expressed worry about whether they could afford...


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FT/IFC Transformational Business Awards 2014 open for entries

Nominations are open for the Transformational Business Awards 2014, hosted by the Financial Times (FT) and the International Finance Corporation (IFC) and taking place at the InterContinental Hotel on London’s Park Lane on June 12. The event is an evolution of the Sustainable Finance Conference and Awards – which...


Photo: Olivier Bruchez via Flickr

Petition to ‘stop SeaWorld from imprisoning whales for profit’ passes 200,000 signatures

A petition to make it illegal for Californian marine parks or zoos to use orca whales for entertainment purposes has gathered 200,000 signatures. The campaign, which focuses on US chain SeaWorld, reached the milestone on Sunday morning. It follows proposals from California state legislator Richard Bloom, who introduced the...


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Co-op Group to increase pay and bonuses for senior staff – despite turbulent year

The Co-operative Group, which has faced criticism in recent months for problems in its banking division, is set to be put under further scrutiny after documents revealed its most senior staff will be given pay rises and lucrative bonuses. The news comes after it emerged in February that the...


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2014 could be ‘perfect time’ to invest in an ISA

Individual savings accounts (ISAs) and self-invested personal pensions (SIPPs) are two of the UK’s best kept investment secrets, according to Stephen Sutherland, chief investment strategist at specialist investment firm ISACO. In his new book, Sutherland explains that the two investment vehicles can be used to boost returns and create...


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China: developed nations should take the lead on climate change

China, the world’s biggest polluter, has called on developed countries to do more to lead the fight against climate change, support developing nations and set ambitious climate targets ahead of a United Nations meeting. This year’s climate change negotiations begin on March 10 in Bonn, Germany, with a special...


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‘Carbon bubble’ risk reinforces the case for fossil fuel divestment

Two new reports have strengthened the case for fossil fuel divestment, arguing that polluting energy assets fuel a ‘carbon bubble’ in Europe and that moving away from fossil fuels does not harm investment portfolios. One study by the Greens-European Free Alliance (EFA) analyses carbon exposure of the top 43 European...


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‘Inspiring change’ on International Women’s Day 2014

Charities and businesses across the world have called for gender equality and stronger female leadership on International Women’s Day. The theme for the 2014 event is ‘inspiring change’. International Women’s Day, established by the UN and taking place on March 8 every year, is a celebration of the goals...


arctic polynia by NOAA Photo Library via flickr

The Economist: global warming ‘pause’ goes from ‘unexplained to overexplained’

The reasons for the global warming ‘pause’ between 1998 and 2013 have gone from “unexplained to overexplained”, according to an article by the Economist magazine. The comments follow a report that found a hiatus in global temperature rises despite carbon emissions, which would push temperatures up, continuing to rise....


Photo: Abundance Generation via Flickr

Competition: win £250 to invest in renewable energy

Award-winning renewable energy investment platform Abundance Generation is giving two people the chance to win £250 worth of investments in renewable energy, as part of Climate Week (March 3-9). All you have to do is guess how much electricity, in kilowatt hours, its Hoo Solar project will generate during...


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UKSIF chair Martin Clarke appointed next government actuary

Martin Clarke, who took over as chair of the UK Sustainable Investment and Finance Association (UKSIF) in 2010, is set to become the next government actuary. Clarke will take up the post later this year for a five-year fixed tem. An actuary is a person who compiles and analyses...


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Barclays and BP remuneration packages lead to tough questions from investors

Barclays bank faces rising tensions with its investors over high bonuses at a time when profits are falling, with some calling for change to its investment arm. Oil giant BP also faces criticism after it revealed its chief executive had seen his pay triple in 2013. Barclays decided to...


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Lloyds seeks to recover image with plan to ‘help Britain prosper’

Lloyds Banking Group is trying to redeem its good name by pledging to be the “best bank for customers”. This comes after the organisation became embroiled in a number of scandals that have seen it handed big fines. The part state-owned bank announced the pledge in conjunction with its...


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Climate change could put millions more at risk of malaria

Rising temperatures caused by climate change could allow malaria to spread to new regions, threatening millions of lives, scientists have warned. According to the World Health Organisation (WHO), about 3.4 billion people are currently at risk of malaria, of which 1.2 billion are at high risk.   In 2012, the...


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Pentagon warns terrorism could be exacerbated due to climate change

The US Defence Department has suggested that climate instability in the future could lead to global security problems linked to resource scarcity and social unrest which can fuel terrorist activities. In its 2014 Quadrennial Defense Review (QDR), the Pentagon noted that the combination of climate events such as warmer...


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