Green, open and fiscally responsible: business demands revealed ahead of Budget October 25, 2021 UK businesses are calling on the Chancellor to focus on attracting investment back into the country as well as using incentives, rather than purely taxes, to transition to a greener economy. Data from EY’s Budget survey revealed that two third of the 1,000-plus businesses interviewed listed attracting investments as their main priority. However, respondents also [...]
Senior KPMG partner responds to Sadiq Khan’s COP26 call for London to get more powers October 22, 2021 Anna Purchas, a senior Partner at KPMG in London, wrote to City A.M. today as she responded to our article ‘Sadiq Khan will use the upcoming COP26 to vouch for cities like London to have greater powers and funding.’ Dear City A.M., I read with interest that our London mayor Sadiq Khan will use the upcoming [...]
Scottish rail strike threatens to spoil the COP26 climate party in Glasgow October 22, 2021 A long-running rail dispute could see staff take strike action during the forthcoming UN Cop26 climate change summit. Nicole is being urged to personally intervene to resolve the row. Mick Lynch, general secretary of the RMT union, accused rail bosses of having “dragged their heels over further talks”, despite the fact that the “clock is [...]
City’s CO2 emissions slashed by more than 60 per cent in 15 years October 21, 2021 Carbon emissions in the City of London have plummeted by more than 60 per cent in the past 15 years, according to the latest data. While emissions in Westminster halved in the period between 2005 and 2019, the Office for National Statistics (ONS) found. It comes as the capital plans to extend its ultra-low emission [...]
UK’s second green gilt secures over £70bn of investor demand October 21, 2021 More than £74bn has been offered to the government in demand for its second green government bond which had its order book gates thrown open today. It comes a month after its first green gilt which attracted a record £100bn in demand from hungry investors. The appetite for environment, social and governance (ESG) focussed loans [...]
UK consumers are more worried about climate change than Covid, as COP26 nears October 21, 2021 Climate change is a bigger concern for UK consumers than the Covid-19 pandemic and or the economy. SEC Newgate ESG Monitor has published a research study of public attitudes to environmental, social and governance (ESG) principles, revealing that 71 per cent of British people are concerned about climate change. The percentage of people that put [...]
COP26: Scotland’s green mission as it turns whiskey into fuel October 21, 2021 Just days before Glasgow welcomes leaders from around the world to the United Nations climate summit, COP26, the founder of a Scottish biotech company is calling for action, not targets. Watch the full report.
Countries are lobbying to change climate report ahead of COP26 October 21, 2021 Leaked documents have shown that several countries – including Australia, Saudi Arabia and Japan – are lobbying to change an important climate report ahead of the COP26 summit, the BBC reported. Countries are reportedly asking the UN to downplay the need to move away from fossil fuels, in addition to paying poorer countries more to [...]
COP26: Khan to call for cities like London to have greater powers and funding October 20, 2021 London mayor Sadiq Khan will use the upcoming COP26 to vouch for cities like London to have greater powers and funding. It forms part of the mayors bid to “tackle the twin dangers of the climate emergency and toxic air pollution”, his spokesperson told City A.M. “The mayor will use COP26 to highlight how London is [...]
Watch UK’s net-zero strategy: 440,000 new jobs in green industries by 2030 October 20, 2021 Britain’s net-zero strategy will create 440,000 new jobs in green industries by 2030, junior energy minister Greg Hands said today. Watch the full report.