R3 is pleased to learn of today's announcement that Britain will opt out of plans to introduce a European Account Preservation Order (EAPO). R3 had repeatedly warned of the threat to the UK's rescue culture over the plans.
NEST has signed up to the UN-backed Principles for Responsible Investment (PRI), a framework for responsible global investment. There are currently 120 UK-based signatories to the PRI, including 26 asset owners. Globally, there are 930 signatories.
Prime minister David Cameron has revealed plans for ships sailing under the British flag to be permitted to carry armed guards in a bid to protect them from piracy, particularly vessels sailing off the coast of Somalia.