Shadow Chancellor John McDonnell has unveiled plans to construct a “new banking ecosystem” firmly focused on zero carbon investment, pledging that Labour would “harness the full might of the Treasury in government to tackle climate change”. Speaking at an event in the City of London earlier today, McDonnell unveiled further details of Labour’s plans to transform the UK banking system to better tackle climate risks and unleash billions of pounds of private and public green infrastructure investment, bolstered by regulatory reforms within the Bank of England.
Business Green 24th June 2019 read more »
John McDonnell 21st June 2019 read more »
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