Where do AI searches get their news from? Interesting and important research from @ippr.org
www.ippr.org/articles/ais...
Where do AI searches get their news from? Interesting and important research from @ippr.org
www.ippr.org/articles/ais...
"5.2 billion people live in countries where debt payments are higher than total social spending."
We are in the midst of the "worst debt crisis ever" - and we need fundamental reform to fix it and stop another happening.
Powerful & important from Matthew Martin
www.equals.ink/p/debt-justi...
Big Financial Institutions are doing very little overall to integrate methane - a major contributor to climate change - into their Transition Plans.
New report from Climate Policy Initiative.
www.climatepolicyinitiative.org/wp-content/u...
I spent years campaigning for more aid from rich countries to the Global South & for its quality to improve. Recent aid cuts have destroyed millions of lives β but rich countries have also undermined aid quality & how much reaches the Global South - see new @eurodadnews report.
tinyurl.com/ykw4947e
Economists really don't understand climate change & it could cost us the earth - new @carbontracker report.
Massive mistakes include not properly considering extreme events and tipping points even though 'extremes, not averages will define the future.'
carbontracker.org/reports/reca...
The proportion of people living in poverty who experience deep poverty is rising - one of many shocking stats in new UK Poverty 2026 report from @jrf-uk.bsky.social .
tinyurl.com/jrf2026
More than Β£10.5bn of UK pension savings are invested in thermal coal - the worldβs dirtiest fossil fuel.
Thatβs bad for pension savers, the economy, and the climate.
Read our new research with LINGO Initiative.
filab.uk/3ZNdX8O
This is hopeful - India is on a faster decarbonisation track than China in terms of electrification of energy. New report from @ember-energy.org
ember-energy.org/latest-insig...
Our pensions system is deeply unfair - especially for women. New @womensbudgetgrp.bsky.social report:
- 57% of pensioners in poverty = women.
- 58% of people with zero pension wealth = women.
The govt's reforms should fix this & guarantee decent pensions for all.
www.wbg.org.uk/publication/...
The Chinese central bank is a major driving forces for the global green economy. Its four main tools are summarised in the pic.
These tools are available to Western central banks too (some use them now, and most have in the past.)
greencentralbanking.com/2026/01/13/c...
This new UN report is truly shocking: globally, THIRTY TIMES as much finance flows to nature-destroying activities as to nature-supporting activities.
Finance directly harmful to nature reached $7.3 trillion, while investments
in nature-based solutions were only $0.22 trillion in 2023.
Just 28% of frozen criminal funds are permanently seized.
Important review of how well/ badly the UK is doing on recovering stolen assets from @spotlightcorruption.org :
www.spotlightcorruption.org/report/targe...
Oxfam's latest extreme wealth report is required reading. The headlines are that 12 billionaires had more wealth than half the global population. In the UK, the 56 richest had more wealth than the bottom 39%.
Lots of important analysis & recs in the report too:
tinyurl.com/ogb26
Worth a read - what kind of crisis would a bursting AI bubble cause? Makes the point that bank capital ratios are too low & falling, & the system is so interconnected & little understood that the chance of a major financial crisis should not be discounted: mainlymacro.blogspot.com/2026/01/what...
A damning & important warning from the Treasury Select Committee: βby taking a wait-and-see approach to AI in financial services, the three authorities are exposing consumers and the financial system to potentially serious harm,β
I couldn't agree more!
www.linkedin.com/feed/update/...
Audit reform is dead.... Long live audit reform!
Govt ditches reform as burdensome. But: risks remain, conflicts persist, & reform would strengthen the economy. We now have to wait for a scandal to get the reform (bad politics & bad economics!).
My full argument:
www.linkedin.com/feed/update/...
Very interesting new @balancedeconomy.bsky.social report setting out the links between concentration of ownership in the financial sector and climate damage.
Here's one killer graph: over half of fossil fuel profits to the top 1% in the US.
static1.squarespace.com/static/65c9d...
Brilliant news! Well done @gareththomasmp.bsky.social - this Bill would be a real game changer for the millions who have been forced into the arms of illegal lenders and loan sharks. It would also transform the prospects for the responsible banking alternatives we so desperately need.
Shocking stat of the day: the bottom half of the UK population have a PPP-adjusted average income of less than Β£7k (β¬7,751).
Is it any wonder people are so angry and looking for politicians with radical alternatives?
wir2026.wid.world/www-site/upl...
What taxes SHOULD the Chancellor have raised in the budget? Great piece from
@fairness.bsky.social making the case for progressive reform across a range of taxes, targeting the wealthy and getting rid of manifest unfairness in the system.
blogs.lse.ac.uk/inequalities...
Great report from @econchange.bsky.social - the UK has made Β£550bn LESS public investment than the OECD average in the 20 years up to 2024. No wonder our public services are creaking.
An increase in public investment would improve the economy and CUT debt/GDP.
drive.google.com/file/d/1BMUy...
I was at the @coopparty.party.coop conference flying the flag for the @fbfacampaign.bsky.social campaign.
The UK is a co-op outlier - with around 2% of people members of credit unions vs 80% in Ireland & 40% in the US. The Act could change that. Here's more:
www.linkedin.com/in/jesse-gri...
Climate change & nature loss threaten to make economies 'uninsurable' = @wwf.org.uk report.
Already having major impacts on people (e.g. 1 in 6 Aus households spend > a month's income on insurance) and govt ($110bn cost to US govt in 2024)
wwf.panda.org/discover/our...
The new Financial Inclusion Strategy doesn't meet the moment economically or politically.
There is plenty of good in it, but it will still leave millions prey to high cost credit and loan sharks, and doesn't deliver the bold action the public wants.
My analysis:
www.linkedin.com/feed/update/...
π’ The governmentβs Financial Inclusion Strategy is out. Some practical steps on #AffordableCredit are welcome, but it still falls short of the scale of change needed.
A #FairBankingAct would provide the clear, measurable framework this issue deserves.
#FairBankingForAll
The 60 biggest global banks have a massive $1.1-$1.6 TRILLION exposure to the riskiest fossil fuel assets.
New @financewatch.bsky.social report with recommendations on how changing insurance rules could be a game changer.
www.finance-watch.org/wp-content/u...
The wealth share of the bottom half of the UK population shrunk from 2.45% to 2% between 2011 and 2021. Meanwhile, the share of the top 10% continued to rise, to 60.75%. Is it any wonder people are p***ed off?
This & more from @fairness.bsky.social :
fairnessfoundation.com/risks-2025
Tomorrow (15/10) is the deadline to apply to be on the board of the wonderful @thefinancelab.bsky.social! Thank you so much to everyone who applies, and to everyone who helped share this - I really, really appreciate you β€οΈ
Come work with me!
We need Trustees with skills in: financial sector policy / communications / fundraising. Who are passionate about changing UK financial system rules for social and economic justice.
DM for a chat. Thanks for sharing!
financeinnovationlab.org/join-our-tru...