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Adair Turner



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Climate of coverage: Lord Turner’s report

The beginning of this week saw the press respond (or not) to Lord Adair Turner’s new report on reducing our UK carbon emissions as part of his role as chair of the government’s Committee on Climate Change. Taking a snapshot (or synchronic, to use the technical term) analysis of the coverage of the report [...] Related posts: Selective nominating: Daily Mail the greenest of all? The Press Gazette Environmental...

24Vote!

The People Who Don't Matter

From The Metro : Adair Turner, chairman of the Committee on Climate Change, has predicted sharp rises in energy prices as he called for cuts of at least 34 per cent in Britain's carbon emissions by 2020. He said these higher electricity and gas prices could push another 1.7 million households into fuel poverty by 2022...But it added that 400,000 households could be lifted out of fuel poverty by energy...

14Vote!

Fuel Poverty Threat:

Tough UK climate change targets will push a further 1.7 million households into fuel poverty, the Government’s own global warming advisor has admitted. Adair Turner, chairman of the Committee on Climate Change, has predicted sharp rises in energy prices as he called for cuts of at least 34 per cent in Britain’s carbon emissions by [...]

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A first test for the other Miliband

Well, they asked for it – and now they've got it. In 2007 the Government decided to go with the bright idea of a legally-binding programme for reducing its greenhouse gases step by step, and a powerful independent committee to oversee the process. Yesterday the committee, chaired by Adair Turner, came up with its recommendations, and it may have caused a few gulps in Whitehall. The targets it proposed...

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The scary reality buried in Adair Turner's report

Adair Turner's report is welcome and important. But its global emissions target allows for some worrying temperature increases

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The Green New Deal is our hope for jobs

From the Guardian yesterday: As convener of the group that coined the term Green New Deal, I would like to contest Adair Turner’s view that we should not overstate its job generating potential (Climate change watchdog backs expansion of Heathrow, November 27). The numbers depend on the amount of investment put into turning Britain into a [...]

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War of words in row over Heathrow runway

Adair Turner, government adviser on climate change, rejects suggestions that he is endorsing a third Heathrow runway amid growing Tory opposition to the scheme

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Hypocrites

Regulators who oversaw the banking system before the recent financial crisis will be paid bonuses this year even though their boss admitted the watchdog had failed to foresee the risks ahead. Adair Turner, chairman of the Financial Services Authority, said: “At the level of the whole world there was a failure to see enormous risks [...]

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Jeremy Warner's Outlook: Bankers beware. Regulators are back in the saddle

Worried about losing your job in banking? No matter. There are lots of them to be had in financial regulation. So says Adair Turner, the new chairman at the Financial Services Authority. One of the problems with the FSA, he says in declaring an end to "light touch" regulation, is that there are too few regulators and because they are not paid competitively, the best ones are easily poached by the...

1Vote!

Hellzappopin' at the FSA

Hellzappopin' at the FSA , although it's all being done with the usual British decorum. Only three weeks ago, when Bradford & Bingley went bust the FSA was roundly refusing to revisit its past actions over B&B, HBOS etc. Now, in a frank interview , its new chairman Adair Turner has promised tougher regulation on the banks. Here's the key passage: "If a year and a half ago, the FSA had wanted higher...

1Vote!

FSA to adopt hard-line regulation

The chairman of the Financial Services Authority (FSA), Lord Adair Turner, has warned the UK’s banks that supervision will, in future, be hard-line. It will also be more expensive and Lord Turner expects the financial sector, rather than the taxpayer, to bear the burden of this. Speaking to The Guardian, Lord Turner said the new regime will [...]

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'The days of light-touch regulation in the City are over,' warns head of bank watchdog

The City watchdog Lord Adair Turner has warned the days of light-touch regulation in the City are over.

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U.K. regulator wants fundamental review of capital: report

LONDON (MarketWatch) -- The new chairman of the U.K.'s Financial Services Authority has said regulators should "wipe the slate clean" as they reexamine the minimum capital banks must hold, according to a Financial Times report. Adair Turner said in an interview that regulators would also have to review mark-to-market accounting, bonus structures and the way firms transfer risk, the newspaper reported....

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FSA chairman Lord Adair Turner warns UK banks of hard-line regulation

Lord Adair Turner, the recently installed chairman of the Financial Services Authority, has warned that Britain’s banks face a hard-line regime of regulation going forward.

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New FSA chairman Lord Adair Turner heralds end of softtouch regulation

Lord Adair Turner the new chairman of the Financial Services Authority has warned that the days of softtouch regulation are over and said that a far more rigorous regime will be imposed under his watch.