Punish directors who don’t make climate disclosures, says TCI

Hedge fund says firms must reveal emissions as it accuses other investors of ‘greenwash’The activist hedge fund TCI plans to target directors of companies that fail to disclose their carbon emissions, in the latest sign that investors are putting more …

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Johnson spots an opportunity over state aid – and it may work

If he wants working-class Labour votes the PM can’t promote the rightwing post-Brexit ideal of Singapore-on-ThamesHugely disturbing, said the Adam Smith Institute. A recipe for cronyism and pure protectionism, said the Institute for Economic Affairs. A…

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De La Rue shareholders suffer from a licence to print money

Debt soared at the banknotes-to-passports printer just as bonuses rocketed and business fell De La Rue warns its future is in ‘significant doubt’At De La Rue’s shareholder meeting in June, 48% of votes were cast against the banknote printer’s remunerat…

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FCA to ban promotion of mini-bonds to small investors

Chastened regulator moves to protect inexperienced investors ahead of Isa seasonThe City watchdog is to ban the promotion of speculative mini-bonds to small investors after facing severe criticism over its handling of the collapse of London Capital &am…

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Former Barclays executive tells jury he was ‘close’ to Qatar PM

Roger Jenkins gives evidence for first time in criminal trial over actions in financial crisis A former Barclays executive told a jury he developed a “close” relationship with Qatar’s prime minister in 2008, just months before the lender and Gulf state…

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Legal & General defends holding Shell stock in climate fund

Investor says it is seeing ‘positive signs’ from oil giant after PensionBee clients question inclusionLegal & General has defended its decision to retain Shell as one of the top stocks in its climate-conscious fund, despite a pension client raising…

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