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News

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Asset management giants veto ESG

The world’s largest asset managers voted against environmental, social and governance (ESG) proposals by shareholders more often in 2022 than in the previous year, according to analysis.
Wednesday 25th January 2023
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Net zero pledges – but billions invested in fossil fuels

Financial institutions are still making huge investments in fossil fuels, despite signing a major international pledge to achieve net zero.
Wednesday 25th January 2023
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CEOs’ gloom over global economy

Nearly 40% of chief executives think their companies will “not be economically viable” in a decade unless they transform their operations, according to a major survey unveiled in line with the annual Davos meeting.
Monday 23rd January 2023
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Sharp rise in corporate insolvencies

The number of corporate insolvencies in England and Wales last month was 76% higher than before the pandemic.
Monday 23rd January 2023
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‘Solvency II reforms risk GB failure’

The government’s overhaul of insurance rules has increased the risk of corporate failures that will ultimately impact on public finances, MPs have been told.
Monday 23rd January 2023
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Fossil fuel finance crisis fears

A future financial crisis caused by stranded fossil fuel assets will lead to millions of job losses across the world and leave the UK economy in tatters, a study warns.
Tuesday 17th January 2023
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France to raise retirement age to 64

In a major reform to the pension system, the French government is proposing to raise the legal retirement age by two years to 64 by 2030.
Tuesday 17th January 2023
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Mortality rise – impact on pensions

The number of deaths in England and Wales last year was the highest it has been since 1993 (excluding the pandemic).
Tuesday 17th January 2023
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ESG drives boom in insurance jobs

The jobs market in the UK’s insurance sector is booming, according to the latest research.
Tuesday 17th January 2023
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Davos: cost of living biggest risk to world economy

The cost-of-living crisis poses the biggest threat to the global economy, according to the World Economic Forum (WEF).
Tuesday 17th January 2023
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