UK households increasingly plug electric car charging points as key feature – CityAM : CityAM November 4, 2021 The number of UK homes listed for sale advertising an electric car charging point on the premises or in a nearby street has increased by 541 per cent compared to this time last year, according to Rightmove. The total number of properties for sale on the property service that include a mention of this feature [...]
More than half FTSE100 firms commit to ending carbon emissions by 2050 November 4, 2021 Almost two-in three FTSE100 firms are now committed to ending their carbon emissions by 2050, after a new group of companies recently signed up to a United Nations campaign. Sixty FTSE100 firms have now signed up to the UN’s Race to Zero campaign, with bluechip companies like Barclays, AstraZeneca, Coca Cola HBC and HSBC all [...]
Global body sets new standards for green accounting at COP26 November 3, 2021 IFRS, a global accounting body, has today announced a new set of “baseline” standards for companies to keep their investors informed about the impact of climate change to their business, amid increasing calls for climate risk to be considered. The news coincides with COP26, the global climate summit hosted in Glasgow this year. The [...]
Conservative MPs set to veto Owen Paterson’s parliament suspension November 3, 2021 Tory MPs are expected to veto the recommended 30-day parliamentary suspension of former cabinet minister Owen Paterson today and instead hand his case to a Conservative-led panel. Parliament will vote on the North Shropshire MP’s fate today, with his backers in the Tory party attempting to table a series of amendments to stop the 30-day [...]
Ethereum notches another all-time high November 3, 2021 Ethereum - the world's second-largest cryptocurrency - yesterday posted another new all-time high, rising to $4,643.
NFTs set to fund new cryptocurrency movie November 3, 2021 The team behind the film Coinrunners is looking to enlist the help of NFT fans and collectors as it launches a unique NFT collection to fund the development of the crypto-focused Hollywood movie.
Quilter announces £1bn net inflows in quarterly update – CityAM : CityAM November 3, 2021 Quilter, a British wealth management company, has today announced robust third quarter results with net inflows of £1bn, ten times that of the same period last year. Following the quarterly results for the three months ended 30 September 2021, Quilter’s year-to-date net inflows stand at £3bn, almost triple that of £1.1bn in 2020. Also Read: Waverton [...]
Trainline delivers strong recovery as passenger numbers go up – CityAM : CityAM November 3, 2021 Rail and coach technology platform Trainline has recovered strongly in the first six months of FY22, with revenue going up 151 per cent to £78m. The group’s net ticket sales have grown 179 per cent to £1bn, recovering 79 per cent of pre-pandemic times, the highest level since Covid-19 began. Trainline performed well also in [...]
Cop26: Sunak to force all UK financial firms to publish net-zero transition plans November 2, 2021 The UK’s financial institutions and listed firms will soon have to publish strategies on how they will transition to net-zero by 2050 as Rishi Sunak today unveiled his plan to make Britain the world’s first “net-zero financial centre”. The chancellor today said great efforts have been made to “rewire the entire global financial system for net [...]
BlackRock CEO tells COP26: ‘We need to change finance’ – CityAM : CityAM November 2, 2021 Blackrock CEO and chairman Larry Fink rallied for more public-private investment in emerging markets’ climate infrastructure today, after the world’s largest asset manager raised a target-beating $673m fund to do exactly that. The asset management giant secured backing from the French, German and Japanese governments as part of the fundraise, which was oversubscribed and exceeded [...]