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The Latest Breaking News from Positive Money

‘Decoupling from fossil fuel shocks’: Europe’s electricity made 25% cheaper thanks to solar and wind

Data also shows that price impacts grow stronger when more renewables come online.

Euronews

‘The City can’t be taken for granted’: how banks won over Rachel Reeves

JP Morgan and Goldman Sachs to expand UK presence after sector was spared from higher taxes in budget

The Guardian - UK

UK bank shares rise after reports of budget tax reprieve

NatWest, Lloyds and Barclays stock up amid expectation Rachel Reeves will spare lenders from further levy

The Guardian - UK

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read the most diverse news in one place.

Reeves to say cuts to City red tape will bring trickle-down benefits to households

Chancellor to announce raft of deregulation changes as City regulators move to pare back transparency rules

The Guardian - UK

Economists and policy experts warn Reeves against City deregulation

Nobel laureate Joseph Stiglitz among 50 signatories of statement that points to risks to Labour’s wider aims

The Guardian - UK

Labour urged to place trade union members on wealth fund board

Exclusive: Campaigners claim move would offset City influence over infrastructure taskforce and better share benefits

The Guardian - UK

While we focus on Dominic West in a banned advert, the banks are short-changing us all

The fuss over an outlawed commercial threatens to obscure the fact that the industry is reaping record profits for a poorer service, says Hannah Dewhirst, head of campaigns at Positive Money

The Guardian - UK

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Conflict of interest row greets new boss of watchdog for City regulators

Campaigners criticise Rachel Kent’s decision to remain part-time partner at law firm advising finance clients and UK government

The Guardian - UK

Starmer’s Labour is leaving my generation feeling politically homeless

Our country is battling crises on so many fronts, from the climate to the economy, yet time after time Labour shrinks its offer, says Fran Boait of Positive Money

The Guardian - UK

The government’s ‘Treasury brain’ has got the UK in an economic mess. How can we cure it?

Despite all the evidence that privatisation has been a disaster and investment is needed, the department remains in thrall to discredited financial orthodoxy, says Fran Boait of campaign group Positive Money

The Guardian - UK

We face peril because the UK economy relies on house prices. Here are three ways to fix that

Too much wealth depends on values bloated by an oversized financial sector, says Fran Boait of campaign group Positive Money

The Guardian - UK

Deregulation of the UK financial sector on top of a fragile economy will be disastrous

The government must face the reality that the oversized City is fundamentally broken, says Fran Boait of campaign group Positive Money

The Guardian - UK

City donations worth £15m raise concerns over influence on UK politics

Total donated to parties by financial firms and individuals tied to the sector over two years, report says

The Guardian - UK

Comment: millennials are buying fewer homes — we wouldn’t have to care if the alternatives were better

The number of 26-41 year olds buying a home has dropped 11 per cent in five years

Evening Standard

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The Independent UK

My Carbon Footprint: How to stop our hard-earned cash fuelling climate chaos

If you have to ask whether your personal finances are funding climate change, the answer is probably yes. Here’s what you can do about it, says Kate Hughes

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