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Going for gold: Another government initiative - its plan to seize money lying in forgotten bank and building society accounts to fund youth clubs and community programmes - also came under fire this week. These "unclaimed assets" could amount to £500m. But Commons Treasury select committee member Michael Fallon says the government appears to want to use this cash to top up national lottery funds after they were raided to help pay for the 2012 Olympics. "In essence, you are robbing people's private bank accounts to pay for Olympics mismanagement," thundered the Tory MP. Labour member George Mudie took the Treasury.....continued below
Emissionary position: "Carbon footprint" is very much the buzz phrase of the moment. But how do you work out your personal contribution to global warming? Using a new online calculator (it's at direct.gov.uk/actonCO2), people can work out their own or their household's carbon footprint based on their energy usage, appliances and transport. It then develops a personalised action plan for users, with steps they can take to cut their emissions, says environment secretary David Miliband, who launched the calculator at an eco-friendly internet cafe in London, and last year estimated his own footprint at around five tonnes.
Down the tube: The slow death of the cheque continues, with news this week that London Underground will from July 15 join the growing list of retailers that refuse to accept them as a method of payment. Last week Guardian Money revealed that Argos is to withdraw the facility from all its stores by July 28, while Sainsbury's is reviewing whether it will continue to take them.
Foreign bodies: If our exposé on buy-to-let has been getting you hot under the collar, here's another finding that may prove controversial: one in 12 Londoners (8%) owns a home abroad. By contrast, only one in 50 (2%) of those living in the north of England own a holiday or investment property overseas. Furthermore, more than half of all Londoners have considered moving or buying abroad, while only 25% of people in Wales share this dream, according to new research from Bank of Scotland International. When Brits were asked where they would most like to live in the world, Australia came top, though Yorkshiremen and women apparently fantasise about the wide open spaces of Canada. The most popular European destination was France, closely followed by Spain.
Guardian Unlimited © Guardian News and Media Limited 2007