We're Saving for Our Future ...And to Save the Planet ; with Nearly Pounds 30bn Spent On Ethical Products, Millions Are Now Thinking Very Long Term On Investments

Summary

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Philip and Louise Newman know how to keep a tight rein on their household finances they are qualified chartered accountants after all. And this has proved invaluable in recent months following the birth of their daughter, Freya. But their financial sharpness has not stopped them adopting a fiercely green and ethical approach to their lives.

As well as being keen recyclers, the Newmans make sure their finances, whether it is a child trust fund for four-month-old Freya or tax-friendly Isas for themselves, are also eco and ethically friendly.

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We're Saving for Our Future ...And to Save the Planet ; with Nearly Pounds 30bn Spent On Ethical Products, Millions Are Now Thinking Very Long Term On Investments

The couple are part of a growing army. Last week, Co-operative Bank, itself a leading ethical financial services provider, said that Pounds 29.3 billion of ethical products are bought each year more than the country spends on beer and cigarettes.

According to the bank, spending on ethical goods and services rose 11 per cent in 2005 as consumers snapped up everything from Fairtrade coffee to e...

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