There’s been much talk of big corporates speaking with forked tongues about their green credentials. The oil giants are obvious suspects, and this confirms the suspicions of many about banks with multinational fingers in many pies. Were they ever really going to put saving the planet in 30 years time over profits now, their share price and the next dividend? Any more than most governments can really think beyond the next election. “There’s always some nut job telling me about the end of the world…who cares if Miami is six meters underwater in 100 years”, said HSBC’s (probably soon to be former) Head of Responsible Investing. Hmm.
“Reeves backs down on plans to cut ISA limit”
So it looks as though Cash ISAs are safe for the moment (FTM – is that a thing?) Rachel has apparently ‘bowed to pressure’ from the banks and building societies and decided not to reduce the allowance to £4,000 for cash and to keep the £20,000 parity with Stocks and Shares ISAs. Bowed also to common sense, I’d say.
