Today news
About the same in other media
Treasury’s green savings bond offers ‘paltry’ incentive for helping planet
Reading now: 569
The government’s green bond promises savers they will be able to “make the world greener, cleaner and more sustainable”. But what they won’t make is a return on their investment that beats other options on the market.
When it was launched last month, the bond, from National Savings & Investments (NS&I), was described as a world first – people can invest money that is 100% secure and will be used for government spending on sustainable projects, such as cleaner transport and renewable energy.
However, the return on your investment is just 0.65%, fixed for three years – a figure dubbed as “paltry” by the opposition and analysts.
“This suggests to savers that green investments are less rewarding financially, when many studies have shown that this
Read more on theguardian.comAbout this in other media
Asda appoints former M&S boss Stuart Rose as new chairman theguardian.com /2 years ago
Indigenous Greenlanders demand compensation from Denmark over failed colonial experiment euronews.com /2 years ago
Andy Byford: ‘We can’t let London’s transport fall into managed decline’ theguardian.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
