Lib Dems propose ban on new listings of fossil fuel companies on LSE

Exclusive: proposal part of party's plan to give City of London a lead role in helping UK tackle climate crisis

New listings of fossil fuel companies would be immediately banned on the London Stock Exchange as part of a proposal by the Liberal Democrats that the party says could help the UK become a leader in tackling the climate emergency.

Under the plan outlined to the Guardian by the Lib Dem leader, Ed Davey, another immediate policy would be to stop new bonds being issued in London to finance oil, coal or gas exploration.