The total value of green bonds worldwide may be valued at $900 billion but with banks in the UK alone still making billions of pounds of loans to fossil fuel companies each year ROB MACQUARIE argues it's time for the Bank of England to take an active role in decarbonisation
After bailing out RBS to the tune of £45 billion following the 2008 financial crash, the government plans to relaunch the privatisation process in March 2019. This is ill-conceived argues ROB MACQUARIE and would be a wasted opportunity for meaningful change in the banking sector.
A new campaign group is trying to push through reforms that would give customers a choice in investments and make banks more socially useful. But can it break through the banking bottleneck?