Ministers urged to pause sale of Green Investment Bank over 'asset stripping' fears

James Murray
clock • 5 min read

Climate Minister quizzed on plans in House of Commons, as Environmental Audit Committee demands rethink of controversial privatisation

The government's controversial plans to sell off the state-owned Green Investment Bank (GIB) have today come under fresh scrutiny, as Climate Change Minister Nick Hurd was questioned about the move in...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Plans advance for Scottish wind turbine recycling facility

FCA has no plans for separate response to Advisers Sustainability Group open letter

More on Investment

FCA has no plans for separate response to Advisers Sustainability Group open letter
Investment

FCA has no plans for separate response to Advisers Sustainability Group open letter

Investors express disappointment at response to calls for greater clarity on how to engage with sustainable investment

Michael Nelson, Investment Week
clock 16 October 2026 • 2 min read
Banking on Biodiversity Collapse: Banks accused of pumping $595bn into drivers of nature loss since 2020
Investment

Banking on Biodiversity Collapse: Banks accused of pumping $595bn into drivers of nature loss since 2020

Damning report urges banking sector to strengthen nature safeguarding policies and calls on governments to tighten regulations ahead of COP17 Summit

Stuart Stone
Stuart Stone
clock 14 October 2026 • 5 min read
Generation gap in ESG investing widens as performance worries increase
Investment

Generation gap in ESG investing widens as performance worries increase

Association of Investment Companies survey reveals growing hostility to ESG investing, especially among older investors, which is being fuelled by concerns over returns and confusion over what the term means

Michael Nelson, Investment Week
clock 13 October 2026 • 2 min read