Information

Banks and financial institutions with more than $70tn assets have pledged to cut their greenhouse gas emissions and ensure their investment portfolios align with the science on the climate. In the initiative, chaired by Mark Carney, the former governor of the Bank of England, 160 companies, including 43 banks from 23 countries, will set targets …

The City regulator has warned social media sites that it may take action if they continue to promote risky and sometimes fraudulent investments to often inexperienced consumers. The Financial Conduct Authority is concerned about the growing influence that sites such as YouTube, Instagram and TikTok are having on a new breed of mainly younger DIY …

The UK’s biggest building society is increasing the sums it is willing to lend first-time buyers in a move it said would enable homeownership for many people who have been frozen out of the market. Nationwide will allow new buyers to take out loans worth up to 5.5 times their earnings and adjust the stress …

Sitting on the leather sofa of a medieval-looking stone house in Milwaukee, Wisconsin, Logan Reinke tells me about the biggest argument he has had while living full time with his work colleagues. It is surprisingly underwhelming. ‘Work wife’ is an accolade – even if it is a bit cringe | Coco KhanRead more “It was …

The government’s scheme to turn generation rent into generation buy will not help single thirtysomethings get on the property ladder in much of England and Wales, Guardian analysis has found. The mortgage guarantee scheme, which came into effect on Monday, will support banks and building societies to offer 95% loans, meaning that buyers only have …