Water company shareholders will need to help vulnerable customers bear the cost of living squeeze: Ofwat Cost of living 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 Green finance 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 The High Street 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 [...]
Brexit law bonfire could put environment at risk and cost tens of billions of pounds, nature groups warn January 19, 2023 Nature organisations have hit out at legislation that they say could lead to the loss of important environmental protections and cost the UK tens of billions of pounds. The Retained EU Law (Revocation and Reform) Bill, which returns to the Commons on Wednesday, is designed to make it easier for the UK Government, via Parliament, [...]
Feeling Moody: Ratings agency downgrades outlook for UK’s troubled water companies January 16, 2023 Moody's has downgraded its investment outlook towards the UK's embattled water industry from stable to negative.
Feeding the nation, with robots: New funding round for farmers encourages automation December 14, 2022 A new round of farming funding to the tune of £12.5m will help those who feed the nation launch new automation and robotics projects. The latest chunk of a £270m programme launched last year was announced this morning by Defra (the department for environment food and rural affairs), in partnership with UK Research and Innovation [...]
City grinds to a halt as Just Stop Oil’s slow walk protest comes to Square Mile November 30, 2022 Just Stop Oil brought Square Mile traffic to a halt on Wednesday by slowly walking through the street. The environmental group’s tactic is designed to cause maximum disruption in protest of the government pursuing new oil and has licenses. The City of London Police tweeted earlier this morning, that: “We’re aware of a slow-walking protest [...]
Police prepare for new wave of Just Stop Oil disruption in run up to Christmas November 28, 2022 The Met Police are preparing for a month of disruption from Just Stop Oil in the run up to Christmas. The force said the environmental campaign group will launching a new wave of protests from 28 November until 14 December. This comes after more than 750 activists were arrested in October and November, with over [...]
Police made almost 2,500 arrests of environmental protestors in past year November 10, 2022 The Police have arrested more than 2,400 activists from environmental groups in the past year, it has been revealed. Almost seven campaigners a day have been detained from Just Stop Oil, Extinction Rebellion and Insulate Britain groups, between 3 November 2021-2. The figures were obtained by a Freedom of Information Request from City A.M., but [...]
Rolex store in Knightsbridge is latest target for Just Stop Oil vandalism campaign October 28, 2022 Rolex is the latest target of Just Stop Oil’s campaign of vandalism with paint sprayed on its Knightsbridge store this morning. The famous watchmaker was set upon by two activists this morning who daubed orange liquid on the glass shop-front. Met Police officers “were quickly on the scene and arrested them on suspicion of criminal [...]