‘Woke’ banknotes: Bank of England orders money printer to follow ESG rules

cityam

Jan 29

The Bank of England's has been accused of being "woke". The Bank of England is facing backlash over its plans to make a new banknote printer comply with ESG and diversity standards under a “pass or ...

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The Bank of England is facing backlash over its plans to make a new banknote printer comply with ESG and diversity standards under a “pass or ...</p>\n\n<a href=\"https://www.cityam.com/woke-banknotes-bank-of-england-orders-money-printer-to-follow-esg-rules/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Woke’ banknotes: Bank of England orders money printer to follow ESG rules</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Woke’ banknotes: Bank of England orders money printer to follow ESG rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-29 09:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/woke-banknotes-bank-of-england-orders-money-printer-to-follow-esg-rules/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Bank of England's has been accused of being \"woke\".  The Bank of England is facing backlash over its plans to make a new banknote printer comply with ESG and diversity standards under a “pass or ...</p>\n\n<a href=\"https://www.cityam.com/woke-banknotes-bank-of-england-orders-money-printer-to-follow-esg-rules/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ESG","symbol_name":"FlexShares STOXX US ESG Select Index Fund","start_time":0,"source_url":"https://www.cityam.com/woke-banknotes-bank-of-england-orders-money-printer-to-follow-esg-rules/","article_id":"2607720682","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/05/Bank-of-England-3-1200x800-2.jpeg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/woke-banknotes-bank-of-england-orders-money-printer-to-follow-esg-rules/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2607720682","pubTimestamp":1769648880,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"The Bank of England's has been accused of being \"woke\".  The Bank of England is facing backlash over its plans to make a new banknote printer comply with ESG and diversity standards under a “pass or fail” regime.Bank officials have attracted criticism from shadow business secretary Andrew Griffith over their plans to make applicants for the UK’s new money printing contract follow stringent criteria on areas including sustainability and equality.The Bank has issued a contract tender for supplying banknotes from 2028 over a period of 10 years as the current deal with paper manufacturer De La Rue is set to expire.Under the terms of the 900m contract, applicants are required to follow key conditions on ESG, equality and diversity and carbon reduction.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ESG":"FlexShares STOXX US ESG Select Index Fund"},"translate_title":"“醒来”的钞票：英格兰银行命令印钞机遵守ESG规则","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ESG":1.5},"content_text":"The Bank of England's has been accused of being \"woke\".  The Bank of England is facing backlash over its plans to make a new banknote printer comply with ESG and diversity standards under a “pass or fail” regime. Bank officials have attracted criticism from shadow business secretary Andrew Griffith over their plans to make applicants for the UK’s new money printing contract follow stringent criteria on areas including sustainability and equality. The Bank has issued a contract tender for supplying banknotes from 2028 over a period of 10 years as the current deal with paper manufacturer De La Rue is set to expire. Under the terms of the £900m contract, applicants are required to follow key conditions on ESG, equality and diversity and carbon reduction. \n\nApplicants will be assessed on a pass or fail basis, with a deadline for bidders to come late next month. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGriffith, who stood in for Tory leader Kemi Badenoch during PMQs on Wednesday, hit out at Threadneedle Street for prioritising sustainability issues in bidding rounds. “When the UK economy is expected to grow slower than Greece, Albania or Mexico this year, the Bank of England shouldn’t be worrying about finding a ‘woke‘ banknote printer but instead helping grow our financial sector,” Griffith told City AM.Bank of England under fire A Bank of England spokesperson said legislation on procurement allowed “set conditions of participation” for suppliers hoping to be awarded the lucrative contract.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}