green pound


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green pound

n
(Economics) a unit of account used in calculating Britain's contributions to and payments from the Community Agricultural Fund of the EU
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The green movement is no exception, and Greenwashing - misleading consumers or exaggerating a company or product's environmental status in order to get a share of the green pound - is rife.
As the battle for the green pound becomes fiercer, Ocado claimed to be the only retailer to take back and recycle all its plastic bags.
Today's green-aware middle-market luxury car brand buyers are turning their attention towards other luxury brands like the technologically innovative Lexus, which has already taken claim to first pickings of the valuable green pound.
The green pound creates jobs and income opportunities directly for contractors for example, and indirectly by improving the attractiveness of local areas for tourism.
Operating profits at British Sugar were down pounds 11 million - at pounds 73 million - with green pound changes reducing profits by over pounds 15 million.
In the case of the UK, this is the so called green pound.
According to Yeomans, the rates take account of current market conditions and the effects of the continuing strength of sterling and the green pound revaluations.
THE green pound is likely to be devalued by a further 2% over the next 10 days.
The devaluation was triggered when the average gap between the fixed green pound and the market value of sterling widened to minus 2.
Two minor green pound devaluations this past week mean slight increases in payments for livestock over 30 months of age.
Hopes of a green pound devaluation helping UK support prices faded as the pound strengthened following the defeat of Helmut Kohl in the German elections.
Revaluation of the UK's green pound this week will knock another four pence a kilo off the next intervention price although Ulster plants have tendered a much larger tonnage.