This is good news, a sign of big investment companies using their clout in positive way. Royal London are our largest mutual company and do have greener-than-many investment credentials. They own a big chunk of Shell shares and are not convinced that they and other fossil fuelers are sufficiently serious about greening themselves up. Money talks, and if others take similar stances it will have a far bigger effect than anything any government can do. The shareholders own the company, the shares are quoted in one place, not so much chance of globalising to dodge the bullets. Next on the agenda should be (not just Shell’s) executive pay, I’d say.
“Rachel Reeves may be forced to raise taxes”
Why did she/they (in the old sense) think that tinkering around with IHT and CGT would be enough to sort out the NHS; and the potholes; and…and the list goes on. My guess is that they asked the Treasury for a list of anything not involving income tax that they could get away with lightly, although they should already have learned from the winter fuel stuff that all publicity is not good publicity.