The High Pay Centre think tank has dubbed today ‘Fat Cat Wednesday’, having calculated that by lunchtime leading executives will already have earned the average UK salary of £28,200.
As part of this year’s Good Money Week, Rathbone Greenbank participated in a Make Your Money Count event in Edinburgh. Good Money Week is an annual campaign aimed at promoting awareness of the social, environmental and investment benefits of sustainable, responsible and ethical finance.
During a well-attended and informative debate at St Andrew’s and St George’s West Church, guest speakers explored a variety of ways in which we might consider directing our money towards more beneficial ends and using our collective financial muscle to turn good intentions into positive actions.
On 6 October 2016, Rathbone Greenbank was invited to participate in a multidenominational event at Southwark’s Anglican Cathedral on the subject of “Investing sustainably: Protecting financial assets and supporting the transition to a zero-carbon future”.
On 18 August 2016, the UK government published its long-awaited childhood obesity strategy. Succeeding the voluntary and largely unsuccessful Public Health Responsibility Deal of 2011, this new strategy calls for all food producers to aim for a 20% cut in sugar levels in products popular with children by 2020, as well as providing more detail on the proposed levy on sugar in soft drinks.
Rathbone Greenbank has joined 130 investors, pension funds and asset managers from around the world in writing to the leaders of the G20 nations to call for government leadership on the issue of climate change. This call comes ahead of September’s G20 summit in Hangzhou, China, where leaders from 20 major global economies will meet.
As part of our longstanding collaborative engagement programme with the ten largest UK-listed companies in the extractives and utilities sectors, Rathbone Greenbank again attended the annual general meeting of SSE plc, one of the country’s largest energy providers.
On behalf of the Aiming for A coalition, Rathbone Greenbank’s Matt Crossman questioned the SSE board on its commitment to tackling climate change.
Rathbone Greenbank Review features articles relating to our research output, corporate engagement activities and full summaries of our annual Investor Day events.
The UK has voted to leave the European Union, which will trigger two years or more of negotiations once Westminster formally notifies Brussels of its intention to secede. However, the referendum result is advisory rather than mandatory and there are significant constitutional issues that must be resolved before such notice can be given. As a result, UK and EU politics will have a significant impact on financial markets in the short to medium term.
More questions than answers