UK government to introduce law regulating ESG rating agencies August 9th, 2024 The UK’s chancellor of the exchequer Rachel Reeves has announced the government will propose a new bill introducing regulations for ESG rating agencies. On a visit to Toronto, Reeves announced that the bill would be introduced next year, the Financial Times reports. It […]
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The UK House of Lords has passed a bill to prohibit public authorities participating in boycott, divestment and sanctions campaigns.
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A coalition of UK businesses is calling on the UK Chancellor Jeremy Hunt to outline the government’s long-term net zero plan in his upcoming Autumn Statement.
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The Good Law Project (GLP) has threatened to legally challenge the UK government over backsliding on net zero policies.
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Guy Opperman, the longest-serving minister for pensions resigned yesterday shortly before Boris Johnson announced his own resignation. Opperman made his motive clear on Twitter, stating it “has been an honour, and a great responsibility to serve as a minister but we need leadership change, and I have resigned.”
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UK pensions will soon be made to disclose information about how their investments align with climate targets, following new regulations from the UK’s Department for Work and Pensions.
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The UK government has formally committed to investment in green business and to setting binding environmental targets.
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Government acts to prevent hostile foreign takeovers The UK government is introducing a bill that aims to give it powers to investigate and intervene in potentially hostile foreign direct investment that threatens national security. Under the National Security and Investment Bill, foreign investors and businesses looking to buy British businesses in 17 key industries, such […]
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Guidance on China engagement issued to UK tech The UK government has published new guidance to help businesses negotiate the ethical, legal and commercial questions they may encounter in China or when working with Chinese companies. The guidance sets out key issues digital and tech SMEs should consider as they weigh the benefits and risks […]
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UK government urges private finance firms to make net zero pledge Finance is a central theme in the race to net zero The UK government is calling on privately owned financial institutions to commit to a net-zero carbon future. Speaking at the Green Horizon Summit in London last week, UK business secretary Alok Sharma said […]
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