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UK Green Investment Bank plans to launch new 1bn fund for offshore wind

2014-06-25 01:00:00| Power Technology

The UK Green Investment Bank (GIB) is planning to launch a 1bn fund to acquire equity stakes in operational offshore wind projects in the country.

Tags: green plans bank investment

 

European bank 'hit by cyber-thefts'

2014-06-24 22:52:51| BBC News | Business | UK Edition

A security firm reports finding evidence of Trojan malware being used to steal money from 190 customers of a major European bank.

Tags: hit bank european european bank

 
 

World Bank: Fighting Climate Change Would Boost Global Economy Up To $2.6 Trillion Year

2014-06-24 15:17:00| Climate Ark Climate Change & Global Warming Newsfeed

ThinkProgress: An important new World Bank report concludes that just a few key policies aimed at cutting carbon pollution would boost the global economy. The study "Climate-Smart Development: Adding Up the Benefits of Actions that Help Build Prosperity, End Poverty and Combat Climate Change," looks at the European Union plus Brazil, China, India, Mexico, and the U.S. The Bank finds that if all six embrace three sets of policies for clean transportation plus energy efficiency in industry in buildings, "the annual...

Tags: year world change global

 

Bank like 'unreliable boyfriend'

2014-06-24 13:53:40| BBC News | Business | UK Edition

The Bank of England has acted like an 'unreliable boyfriend' over its hints about interest rate rises, according to a member of the Treasury select committee.

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Green Bank records 5.7m loss

2014-06-24 11:56:35| BBC News | Business | UK Edition

The UK's Green Investment Bank records a loss of 5.7m, its annual results for 2013/2014 show.

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