Tag: finance

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Consumer groups welcome move to ensure finance firms put customers first

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New plans from the City regulator to compel financial firms to act in the best interest of customers have been welcomed by consumer groups. A new “consumer duty” outlined by the Financial Conduct Authority (FCA) will ...

Rich countries not providing poor with pledged climate finance, analysis says

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Rich countries will continue to miss a longstanding pledge to provide poor countries with $100bn a year in climate finance for the next four years, new analysis suggests on the eve of a crunch meeting of world leaders...

Double Blind by Edward St Aubyn review – high jinks in high finance

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This frantic spoof of science and venture capitalism lacks the focus of the brilliant Patrick Melrose booksEdward St Aubyn is best known for his immersive, darkly comic sequence of five autobiographical novels about t...

The Guardian view on green finance: doing business as if the planet mattered

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Last week, Shell walked away from 170 million barrels of oil off the coast of Shetland, declaring the “economic case for investment” too weak. As might be expected with such a politically sensitive venture, there has ...

European finance ministers say deal to stop global tax abuse is ‘within reach’

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The EU’s four biggest economies have raised the pressure for a landmark agreement to curb tax abuse by multinational companies to be reached at G7 meetings in London on Friday. Sending a united message in a letter in ...

Developing nations welcome US climate finance pledge but warn more is needed

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Developing countries and campaigners welcomed the offer of increased climate finance from the US president, Joe Biden, at the UN on Tuesday, but warned that rich countries needed to do more to ensure the poorest recei...

The Guardian view on finance failures: manmade errors amplified by machines

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The late economist Hyman Minsky was a pioneer in understanding finance’s grip on the US economy – and the consequences for society. In the 1980s, he predicted the rise of “money manager capitalism” and foresaw that in...

Publix heiress faces criticism for helping finance 6 January rally

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A low-profile American heiress living in Italy has come under fire for donating $650,000 to three organizations that helped stage and promote the political rally on 6 January that was followed by the insurrection at t...

European finance ministers push for G7 tax abuse deal

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Good morning. With the G7 summit set to begin in two weeks, the EU’s four biggest economies have raised the stakes for leaders to reach a landmark agreement to curb tax avoidance by multinational companies. In a lett...

Most ethnic minority finance workers suffer discrimination, finds UK report

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Two in three UK finance workers from black and minority ethnic backgrounds have suffered discrimination in the workplace, according to an industry survey revealing shortfalls in the City of London’s diversity agenda. ...

It’s not ‘greed’ behind the Covid vaccine success. It’s state finance and the NHS

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In desperate times, take what you can: in this instance, a glimmer of self-awareness from Boris Johnson. After boasting to his MPs that “the reason we have the vaccine success is because of capitalism, because of gree...

New Zealand’s campaign finance laws are broken. That can have enormous consequences

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The spokesperson for Aotearoa New Zealand’s Green party was genuinely surprised. She had called after I informed them that a major donor to their 2020 election campaign had subsequently pleaded guilty to animal neglec...

Iraq captures alleged Islamic State finance chief in operation abroad

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Iraq has captured the alleged finance chief of the Islamic State group, Sami Jasim al-Jaburi, who was sought by the US, in an operation abroad, Iraqi authorities have said. Jaburi, also the suspected former deputy to ...

From finance chief to childminder: how home schooling has inspired new careers

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Many parents struggled through home schooling and felt relieved when their children returned to school. But for others, the experience was an inspiration – and the incentive for a career move into childcare, early yea...

Rishi Sunak to announce £15bn green finance plan

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Rishi Sunak will announce plans to transform the City of London into a hub for green finance on Thursday as the government pushes to boost its competitiveness on the global stage after Brexit. The chancellor is expect...

Hope and fear in EU as hardliner tipped to be German finance minister

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Germany’s biggest neighbours are watching the formation of the country’s new government with a mixture of hope and fear, amid concerns that a fiscal hardliner hotly tipped to become the next finance minister could dra...

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