Billionaire Rishi Sunak to offer green savings bonds

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Billionaire Rishi Sunak to offer green savings bonds

This may include adverts from us and 3 rd parties based on our understanding. Their money will be 100% guaranteed by the Treasury via NS&I and mean savings go towards combating global warming. The Green Savings Bonds will be offered at a fixed annual rate of 0.65 percent over a three-year term. Mr Sunak boasted that the UK was a world leader in green finance and was now giving Britons the chance to get involved. He said: Our world-first Green Savings Bonds give savers across the UK the chance to back the Government s green projects and put their money to work in the fight against climate change. READ MORE: Industry leaders warn road tax could be introduced to fund net zero.

Contactless limit: Encourages theft of bank cards Britons rage REACTION Rishi Sunak's triple lock plans 'condemning pensioners to poverty' UPDATE State pension rise WIPED OUT as soaring energy prices cripple retirees WARNING Sean Kidney, CEO of Climate Bonds Initiative said: Every government has to green their budgets to meet climate targets. The landmark green savings bonds of the UK show just how greening can and will be funded. It serves as an example to the world.