AI models could cause a financial crisis - the IMF is now warning (we've been saying this for a while): IMF report www.ft.com/content/103d... Our report (2023) financeinnovationlab.org/wp-content/u...

"Corruption-linked networks continue to exploit financial centres of Western countries and the offshore jurisdictions under their control – most significantly the UK and its overseas territories, especially the British Virgin Islands." New report: giace.org/illicit-fina...

The govt plans to headline a Financial Services Bill in the King's Speech - and City lobbyists are pushing for more deregulation, but public interest advocates are also getting organised - here's my LinkedIn article: www.linkedin.com/posts/jesse-...

Useful new site detailing how dependent EU member states are on nature: countries.encorenature.org/profiles/

How climate change is driving up insurance losses - new report. A couple of standout facts for me: - 'Peak losses' where there is a major event, typically a US hurricane, projected to reach $400bn by 2030. - Most losses are already not insured. www.swissre.com/dam/jcr:4b56...

The new Nature Finance Tracker tells you what the UK government spends on nature. www.naturefinance.uk?mc_cid=887b5...

From billionaires to bank lending: is the economy serving people or profits? Read @jesselgriffiths.bsky.social latest round up of this month's news, views and articles here. bit.ly/3PCPXDr

State of Civil Society 2026 report from @civicusalliance.bsky.social is out and it's grim reading (though there is hope in there too). www.civicus.org/documents/re...

The World Inequality Report 2026 is out - confirming just how unequal the world is, especially for wealth, where the top 10% hold 75% of personal wealth. Loads in there to get you fired up to do something about this! wir2026.wid.world/www-site/upl...

Battery storage costs have plummeted. Solar is cheap. UK rooftops have 117 GW of potential. Solar + batteries can be installed quickly. Just what we need when horrendous wars remind us we need to get off fossil fuels as soon as possible. about.bnef.com/insights/cle...

"Bad actors ... can conceal ... the true source of their crypto donations through the use of tools such as secrecy coins, mixer accounts, 'smurfing,' ‘chain hopping’ & coin-swapping services." We need to ban crypto donations to political parties: www.spotlightcorruption.org/wp-content/u...

Credit is vital for businesses to invest and grow - and yet only a small sliver of UK bank lending is for such purposes. No wonder we have an investment problem and small businesses are starved of credit. www.datocms-assets.com/132494/17727...

Useful article on Ukraine's debts. Let's hope they get what any country should where repaying debt would deepen poverty & prevent development: - A fair & rapid process - Cancellation of unfair & unpayable debts - Protection from creditors that won't play ball erlassjahr.de/en/kampagne/...

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 — 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 £10.5bn of UK pension savings are invested in thermal coal - the world’s dirtiest fossil fuel. That’s 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: “by 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,” 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 £7k (€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 £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/...

📢 The government’s 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 ❤️

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...

RIP the Net Zero Banking Alliance, & effectively RIP GFANZ & the idea that big financial institutions would lead us in the just transition. Only governments can provide this leadership, with support from financial sector allies & impetus from active citizens: www.linkedin.com/feed/update/...

The world’s 60 largest banks hold $1.6 trillion USD in credit exposure tied to fossil-fuel activities - new @financewatch.bsky.social research: www.finance-watch.org/policy-porta...

Something quick & important to do today: write to your MP asking them to support rule changes to divest all pensions from fossil fuel expansion: actionnetwork.org/letters/writ...

Come and help us transform UK finance rules for social and economic justice - we're looking for new board members! Especially those with expertise in policy, comms or fundraising. DM if you want to chat about it. Full deeds here: financeinnovationlab.org/wp-content/u...

My latest Changing Finance roundup is out: 🌱 Why the UK’s approach to greening finance is failing ⚠️ Could private credit spark the next financial crisis? 💸 The gender wealth & pensions gaps 🌍 Who really owns Britain? Read it here 👉 financeinnovationlab.org/changing-fin...

📢Volunteer recruitment📢 Could you help @TheFinanceLab transform the financial system for the better? Apply to join our board of trustees! Find out more and apply. app.beapplied.com/apply/yg7lao... Closes 15 October 2025.

72% of EU companies have a high dependency on at least one ecosystem service, and most of the ecosystem footprint is supported by just 100 banks (of the 2500 banks analyzed). Nice short summary of new academic paper: www.linkedin.com/feed/update/...

The gender wealth gap in the UK is 21% - new @womensbudgetgrp.bsky.social research www.wbg.org.uk/wp-content/u... Nearly all of this is due to pensions wealth. Another reason why we need fundamental reform of the pensions system: financeinnovationlab.org/our-work/fai...