Eco-tycoon Dale Vince is poised to take over cash-strapped football club Forest Green, according to media speculation. Vince, 48, built his £85 million empire on wind power, making him Britain’s wealthiest green entrepreneur. He is understood to have met up with Forest Green’s executives, including chairman David Drew, operations director Colin Peake and manager Dave [...]
Over 90% of institutional investors want green investments in their portfolio, according to a new study. Research commissioned by the New Energy World Network (NEWN) found more than nine in ten private equity, pension, insurance and venture capital funds would like to have some exposure to renewable energy, clean technology, and sustainability-related investments. Two thirds [...]
Investors are increasingly looking to make a positive difference to the world with the amount invested in UK-based green and ethical funds reaching a record high. At the end of 2009 the amount invested in these funds totalled £9.5 billion. The figures from ethical research group Eiris represent a 400% rise in ethical investments over [...]
Small businesses with a conscience can get advice on ethical issues from sustainability to socially responsible finance at the British Library’s Green and Ethical Month. Events throughout May at the London-based library will include seminars, workshops and drop-in sessions led by eco-experts. The events have been organised by successful green and ethical entrepreneurs. “Green and [...]
Sustainable and ethical investments are expected to increase their share in the ISA market by more than 1000% this year, according to research by The Co-operative. Ethical investments currently have a 1% share of the ISA market, but The Co-operative predicts that this could increase thirteen-fold later this year as savers use their increased ISA [...]
More than a quarter of UK investors think financial advisers should be legally obliged to inform clients about green and ethical investment options. In a YouGov poll of investors, over a quarter of respondents said the government should introduce rules requiring financial advisers to ask investors if they are interested in green and ethical funds. [...]
More than two thirds of the British public consider their outlook on life to be either very or fairly green and ethical, new research has discovered. The YouGov poll, conducted on behalf of National Ethical Investment Week (NEIW), also found that nearly half (49%) of people with savings and investments would like to use their [...]
Eco-friendly bank Triodos posted a 50% rise in profit for the first half of this year. Net profit at the Dutch bank for the six months ending 30 June 2009 was €5.7 million, up from €3.7 million in the first half of 2008. Deposits at the bank increased 15%, growth which Triodos believes reflects disillusionment [...]
The UK Government has been warned by the Confederation of British Industry (CBI) over its “green new deal” as there could be billions of pounds worth of green investment lost, if there is not greater focus on environmental targets. There has been heavy criticism of the UK climate policy as it has not supported change [...]
Research by Tescocompare.com, the car insurance comparison site, has established that 2 million motorists claim to be driving an environmentally friendly car. Low-emission vehicles are most popular in Wales and the South West, where 12% have chosen a car which is environmentally friendly compared to 4% in London. However, Tescocompare.com, discovered that more than 21 [...]
M&S Money launches 3% cash ISA
M&S Money has launched an Advantage Cash ISA paying 3 per cent, and which allows transfers in from other ISAs. It can be opened with a minimum deposit of £100 lump sum followed by minimum monthly deposits of £25. The 3% rate is variable, but there is no short-term bonus so the return won’t plummet [...]
Google suspends UK Compare Mortgages site
Google has closed its UK mortgage comparison site which it launched in July last year, after it proved to be less popular than expected. Mortgage comparison sites are designed to allow visitors to compare mortgages quickly and easily without having to visit each lender’s individual site. Google was competing with several well-established comparison sites, including [...]
AA launches ‘black-box’ policy for young drivers
The AA is launching an innovative car insurance policy called Drivesafe which could help younger drivers save up to £850 a year. Younger drivers already pay substantially higher premiums than other motorists and these costs are increasing. A new study by Confused.com suggests insurance costs for younger driver have gone up by 5.7 per cent [...]
ATOL scheme updated to protect online bookers
ATOL, a financial protection scheme managed by the Civil Aviation Authority, is being extended to protect up to six million more holidays a year. The scheme ensures that holiday makers do not lose out financially if a travel company collapses, and that they are not stranded abroad. An increase in the number of holidays booked [...]
Home repossessions lowest for four years
The number of UK homes repossessed fell to 36,200 in 2011, significantly below the Council of Mortgage Lenders’ forecast of 40,000, and lower than 2010 when 37,100 homes were repossessed. With interest rates remaining low and lenders adopting a sympathetic attitude to customers in financial difficulty, repossessions fell to their lowest level since 2007. However, [...]
Monthly pay lasting just 17 days
Workers are running out of money just 17 days after receiving their monthly pay, according to new research by the Halifax bank. This means that the average UK worker spends half the month worrying about money. The study, based on the responses of more than 2,000 adults, found that 10 per cent of workers start [...]
Women disadvantaged by auto-enrolment changes
Government proposals to increase the auto-enrolment threshold to £10,000 could put 1.8 million women at risk of missing out on a pension, the TUC has warned. Under the auto-enrolment scheme, which will be phased in from October, private sector employers will automatically enrol workers between the age of 22 years and the state pension age, [...]
Emergency household repairs company Homeserve is taking longer than expected to get back on track after its operations were suspended last October. The company expected customer numbers to fall by 5% this year but it has increased this estimate to 8% and announced the loss of 200 jobs. It estimates that renewal revenue in 2013 [...]
Sale rumoured for Yorkshire and Clydesdale banks
There is growing speculation that National Australia Bank (NAB) may sell Yorkshire Bank and Clydesdale Bank after the Australian parent company announced a strategic review of the two banks’ operations. The Australian economy is performing well and NAB reported strong profits for the final quarter of 2011 but with the UK economy at a virtual [...]
More women experiencing debt difficulties
Women in Debt, which offers female-focused debt advice, has warned that the number of UK women facing serious debt has grown significantly over recent years. The organisation believes that more women will need advice on solving debt problems in the future because they are building up an unsustainable level of indebtedness. Women in Debt’s director, [...]
About | Privacy | Disclaimer | Resources | XML Feeds | Press Releases | Directory | Contact us
