Climate change: Finance groups praise ‘world leading’ transition plans but warn of challenges ahead March 7, 2023 UK finance firms have praised the ambition of new climate change regulations which will set out a potentially world-leading framework for assessing companies’ climate transition plans. The transition plan taskforce (TPT) is considering proposals to make a standardised framework for assessing climate transition plans due to concerns plans published by companies at the moment “vary [...]
UK Finance: Square Mile HQ targeted by Extinction Rebellion as six arrested March 2, 2023 The headquarters of UK Finance in the heart of the Square Mile have been targeted by environmental group Extinction Rebellion. The Bank-based trade association for UK banking was today targeted with paint and stickers, as protestors read out statements and stuck themselves to windows. Police arrested six members of the group after the building was [...]
ULEZ: Government plays down suggestion it could veto Khan’s expansion plans February 20, 2023 Suggestions ministers could be veto or deploy exemptions to Sadiq Khan’s controversial expansion of the Ultra Low Emission Zone (ULEZ) scheme were played down by the government today. Under the expansion plans, drivers across the capital will face a daily charge of £12.50 for using vehicles which do not meet emissions standards from August – [...]
Water companies ordered to share plans for fixing sewage spills as Coffey considers tougher fines February 20, 2023 Water companies across England will have to explain why storm outflows are happening and what is being done to fix them.
Four rebel Labour MPs reveal opposition to Sadiq Khan’s ULEZ expansion plans February 15, 2023 Mayor Sadiq Khan’s plans to expand ULEZ has hit a further roadblock after four Labour MPs came out against the scheme. Seema Malhotra, Jon Cruddas, Siobhain McDonagh and Abena Oppong-Asare all told LBC they had concerns about the policy’s impact. Khan wants to extend the ultra low emission zone (ULEZ) and the £12.50 daily charge [...]
Thames Water risks £500m shortfall after April bill hike as vulnerable customers fall behind on payments February 14, 2023 Hundreds of thousands of Thames Water's customers risk falling behind on their bills when prices rise in April, according to Outra.
Just Stop Oil eco-activists fined £500 for gluing themselves to da Vinci’s Last Supper – and say artist would ‘AGREE’ with them February 8, 2023 Environmental protesters fined for gluing themselves to the frame of a copy of Leonardo da Vinci’s The Last Supper have said they believed the artist would have supported their actions. Five Just Stop Oil (JSO) activists were ordered to pay £486 each for criminal damage at City of London Magistrates’ Court, over a demonstration at [...]
Water company shareholders will need to help vulnerable customers bear the cost of living squeeze: Ofwat January 27, 2023 Ofwat has suggested shareholders in water companies should cough up more money to support customers over the coming years.
Mark Carney’s net zero group disputes data showing only 7 per cent of banks’ energy financing goes to renewables January 24, 2023 Only seven per cent of global banks’ energy financing between 2016 and 2022 went towards renewable energy projects, according to new data, although Mark Carney’s net zero financial coalition has disputed the claim. A report by a group of campaign groups, including BankTrack and Rainforest Action Network, indicates “major failings” by financial institutions to help [...]
Slow fashion: Retailers embrace second-hand clothing to draw in thrifty eco-conscious fashion lovers January 23, 2023 High street retailers are following in the footsteps of their online rivals, offering more second-hand clothes to lure in shoppers wanting to steer clear of fast fashion and hunt for bargains amid a cost of living crisis. The second-hand clothing market has exploded over the last decade to an estimated £6.5bn last year, largely thanks [...]