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Brexit poses global financial risk, Bank of England warns

2016-06-16 14:47:08| BBC News | Business | UK Edition

The Bank of England warns that uncertainty about the EU referendum is the "largest immediate risk" facing global financial markets.

Tags: global financial bank risk

 

EU referendum: Osborne warns of Brexit budget cuts

2016-06-15 08:54:18| BBC News | Business | UK Edition

George Osborne says he will have to raise taxes and slash public spending if the UK votes to leave the EU - but 57 Tory MPs say such steps would make his position untenable.

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Urgent action needed to stop terrifying rise in air pollution, warns OECD

2016-06-09 17:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Air pollution is becoming a terrifying problem around the globe, one of the worlds leading economic organisations has warned, and will get much worse in the coming decades if urgent steps are not taken to control the pollution. The Organisation for Economic Cooperation and Development (OECD) said on Thursday that pollution of our air from industry, agriculture and transport was set to cause as many as 9 million premature deaths a year around the world in the next four decades, and the economic...

Tags: action air needed stop

 

OECD warns of rising premature deaths, costs of air pollution

2016-06-09 17:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Outdoor air pollution could cause 6 to 9 million premature deaths and represent an economic cost of around $2.6 trillion a year by 2060 unless action is taken, the Organisation for Economic Co-operation and Development (OECD) said in a report released on Thursday. The OECD examined the economic consequences of air pollution and found that it could cost 1 percent of gross domestic product - or $2.6 trillion a year - by 2060. The economic cost would rise with a surge in related annual healthcare...

Tags: air costs rising pollution

 

WTO chief warns UK of Brexit risks

2016-06-07 16:07:23| BBC News | Business | UK Edition

The UK outside the European Union would face uncertain trade relations, World Trade Organisation chief Roberto Azevedo tells the BBC.

Tags: chief risks wto warns

 

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