The latest from WDM

UK consumers are paying 3.7 per cent more for food than they did a year ago, leading to calls for the Chancellor George Osborne to tackle financial speculation on food prices. The rise has added more than £100 to the average household’s annual grocery bill.

Inflation figures released today reveal that food prices rose by 1.2 per cent from January to February this year, contributing to the 3.7 per cent annual rise, which is well above the government’s 2 per cent target for overall inflation. [1]

WDM today welcomed the Scottish government's announcement of the setting up of a ‘climate justice fund’ for climate adaptation in developing countries, but warned that the scale of climate injustice suffered by countries in the south means that the SNP's £9 million manifesto pledge for the fund must be increased.

Barclays’ £1.5 billion investment banking bonus pool could pay for school meals for two years for the 23 million primary age children who attend school hungry across Africa, according to figures from the World Development Movement.  

The anti-poverty group has slammed the bank for its involvement in speculation on food prices which is fuelling global price spikes, incentivised by bonuses which it claims reward risky and socially damaging behaviour. 

By the end of tomorrow (Friday 13 January 2012), the average person in Britain will have emitted as much carbon dioxide as the average person in Kenya will in an entire year, according to figures from the World Development Movement.