Political risk is back – and financial services are most exposed Opinion As global politics becomes more volatile and the state accounts for more activity, political risk is becoming a major factor in investment decisions – and the smartest firms are pricing it in, says Benedict McAleenan There’s a meme on social media where people post photos of themselves in the innocent days of early 2016. Gen [...]
California dreaming: A plan to phase out petrol and diesel cars that might actually work Transport is now the UK’s biggest source of climate-warming greenhouse gases. While other sectors slash their carbon footprint, our cars alone continue to produce 15 per cent of annual emissions — and the figure is still rising. To tackle this, earlier this year the government announced plans to bring forward a ban on new petrol [...]