'Don't bank on it': UK banks under fire for financing fossil fuel expansion

clock • 4 min read
'Don't bank on it': UK banks under fire for financing fossil fuel expansion

Celebrity-led campaign from Make My Money Matter criticises high street banks' continued investment in fossil fuels

UK high street banks have come under fire for continuing to finance fossil fuel expansion across new oil, gas, and coal projects from a new celebrity-led campaign that urges their customers to switch provider...

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

More on Investment

Clean Growth Fund secures initial £49m in backing for UK climate tech

Clean Growth Fund secures initial £49m in backing for UK climate tech

Climate tech venture capital firm has raised almost a third of £150m target to accelerate net zero innovation

Stuart Stone
clock 18 August 2025 • 2 min read
'Building consistency': Transition Finance Council unveils draft guidance

'Building consistency': Transition Finance Council unveils draft guidance

Consultation launched on new guidelines that aim to help boost finance for carbon intensive sectors looking to transition towards net zero

Stuart Stone
clock 18 August 2025 • 4 min read
ABF to close UK's largest bioethanol plant after government funding talks fail

ABF to close UK's largest bioethanol plant after government funding talks fail

Vivergo Fuels facility in Hull produces 420 million tonnes of bioethanol a year, as well as 400,000 tonnes of animal feed

Michael Holder
clock 15 August 2025 • 4 min read