Money Moves

Pablo Portillo, a construction worker, has lived in Mocoa, Colombia, for four years, valuing the area’s biodiversity and natural beauty. Mocoa, located at the edge of the Amazon rainforest, is home to various species and vital waterways. However, Portillo expresses concern about the potential impact of a planned copper mine by the Canadian firm Copper […]

Nicholas Stern, an economist at the London School of Economics, has emphasized that investment in climate action represents a significant economic opportunity in the 21st century. He asserts that continuing to rely on fossil fuels for economic growth is unsustainable due to the resulting environmental damage. Stern cites the decreasing costs of clean technologies, such

Lloyds Banking Group has announced an allocation of an additional £800 million to address car finance compensation claims, which now totals nearly £2 billion. The decision follows an assessment indicating that the number of eligible claims is anticipated to exceed earlier estimates. Millions of drivers who financed vehicle purchases with undisclosed commission payments between 2007

Recent data from the Museum of Homelessness indicates a concerning rise in homelessness-related deaths in Norfolk. In 2024, nine people died while homeless in the county, a significant increase from five in 2023. The average age of those deceased was 43. The national death toll stood at 1,611, which includes 11 children, reflecting a 9%

The Dutch government announced on Sunday its decision to intervene at Nexperia, a chipmaker owned by the Chinese firm Wingtech, citing concerns over potential risks to economic security in the Netherlands and Europe. Wingtech responded on Monday, indicating plans to take steps to safeguard its rights and seek government assistance. This intervention has the potential

Gabriela Cibils is working to transform Paraguay into a significant technology hub in South America, aspiring to create a “Silicon Valley” in the country. Growing up in Paraguay, which she describes as not particularly tech-focused, Cibils was inspired by her parents’ work in the technology sector to pursue degrees in computing and neuroscience at the

A significant legal case against five major car manufacturers is set to commence at the High Court, involving allegations of emissions test manipulation. The companies—Mercedes, Ford, Peugeot/Citroën, Renault, and Nissan—are accused of employing software that allowed their vehicles to lower emissions readings during testing. This trial arises from the ongoing “dieselgate” controversy and could potentially

Chancellor Rachel Reeves is facing challenges ahead of next month’s Budget, with the Institute for Fiscal Studies (IFS) advising against “directionless tinkering and half-baked fixes” in raising government tax revenue. The chancellor is under pressure to increase taxes in order to adhere to her financial rules, which aim to ensure budgetary balance without borrowing for

A recent report reveals that millennials now constitute 50% of new buy-to-let investors in England and Wales, indicating a notable generational shift among landlords. Despite challenges in affording homeownership, many millennials appear to be finding opportunities in the buy-to-let market, as highlighted by a review of Companies House data by the estate agent Hamptons. This

Energy companies in the UK have successfully introduced green hydrogen into the gas grid, marking a significant advancement in the nation’s climate objectives. For the first time, a blend of 2% green hydrogen was injected into the gas grid and used at the Brigg power station in North Lincolnshire to generate electricity. Previous tests of