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"Companies that fail to act on the climate crisis they cause will be axed from the stock exchange, under radical Labour plans.

John McDonnell, the shadow chancellor, pledged his government would ensure firms are "pulling their weight" to tackle the "existential threat" to the planet.

And he warned: "For those companies not taking adequate steps under Labour they will be delisted from the London Stock Exchange".

Vowing to "rewrite the rules" of the climate crisis would be "Labour`s overruling priority" if it wins the general election."

Independent.co.uk: Companies that fail to tackle climate climate change will be delisted from the London Stock Exchange, Labour announces