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New research from the Institute for Fiscal Studies (IFS) shows that the Help to Buy mortgage initiatives launched by the Conservative‑Lib Dem coalition in 2013 mainly benefited higher‑income households, rather than the intended first‑time, lower‑income buyers.The policy comprised two components: a taxpayer‑backed loan that reduced required deposits, and a mortgage guarantee scheme that covered part of lenders’ losses on high loan‑to‑value mortgages. Both applied to properties priced up to £600,000 and, by the 2014‑15 fiscal year, accounted for roughly one‑fifth of first‑time buyer transactions.Using a novel methodology that combined survey responses with local property price data, the IFS concluded that the bulk of the advantage accrued to wealthier purchasers—particularly those outside London and the south‑east, where homes are comparatively cheaper. These buyers were likely to secure a property eventually, even without the scheme.Bee Boileau, a research economist at the IFS and co‑author of the briefing, warned that while Help to Buy can theoretically assist newcomers onto the housing ladder, it also risks inflating prices and shifting loan risk onto the public sector. “Our research indicates that the Help to Buy schemes introduced in 2013 had the largest impact – in terms of making more homes affordable – on higher‑income households,” she said.The study notes that the mortgage guarantee scheme had “limited effects on affordability” because borrowers remained constrained by income‑based borrowing caps. Conversely, the loan scheme proved more influential for most households, yet its impact was muted by its restriction to new‑build properties.Both components appear to have had little effect on social mobility. Boileau suggested that future governments aiming to reduce inequality should target assistance at lower‑income families, acknowledging that such a shift would increase taxpayer exposure to loan risk.Critics have long argued that Help to Buy inflated house prices without expanding supply. A 2022 House of Lords built‑environment committee report echoed this view, recommending that funds be redirected toward increasing housing construction.The mortgage guarantee element was revived in 2021 and made permanent by the Labour government last year to preserve access to 95% mortgages. In response, Conservative housing secretary James Cleverly defended the legacy schemes, claiming they enabled “many thousands of people” to achieve homeownership, even as he warned that Labour policies were making the market harder for first‑time buyers.

In a heartwarming display of community compassion, the childhood home of Argentine football legend Diego Maradona has been transformed into a soup kitchen to support those struggling amid President Javier Milei's austerity measures.Located at 523 Amazor street in Fiorito, a Buenos Aires suburb where Maradona grew up in extreme poverty, the initiative provides meals and clothing assistance to locals in need. The neighborhood, home to about 50,000 residents, features numerous murals commemorating Maradona's illustrious career.As a criminal negligence trial begins against the medical team responsible for Maradona's final care, his childhood community continues his legacy of compassion. Neighbors visit 'Diego's house,' where volunteers prepare chicken stew and other meals in large cauldrons in the yard, accompanied by cumbia music, Maradona's preferred genre.Diego Gavilan, a local who benefits from the kitchen's services, shared that Maradona would often emphasize the need to help those struggling with hunger. Gavilan, who collects cardboard and scrap metal, began visiting the soup kitchen after Milei implemented radical free-market reforms in December 2023.Despite statistics showing poverty reduction under Milei, primarily due to decreasing inflation, family finances remain in crisis. Over 20,000 business closures have been reported due to increased imports and plummeting consumption.Gavilan expressed gratitude for the assistance, noting that Maradona suffered greatly from hunger in the same neighborhood as a child. The facility operates without dining accommodations, with volunteers distributing food in bags to those waiting at the entrance.Maria Torres, one of the centre's cooks, believes Maradona would approve of his childhood home's charitable repurposing, saying, 'People are going hungry.'

Ghana has named Portuguese veteran Carlos Queiroz as head coach of the men’s national team, a move made less than two months before the kickoff of the 2026 FIFA World Cup.The Ghana Football Association (GFA) announced that Queiroz will assume immediate responsibility for the squad’s tournament preparations, working alongside key stakeholders to finalize the roster.“The Executive Council of the Ghana Football Association, working with all key stakeholders, has appointed Carlos Queiroz as head coach of the senior national team, the Black Stars,” the GFA said in an official statement.At 73, Queiroz recently departed his role as Oman’s manager after the side failed to qualify for the World Cup, but his appointment marks his fifth consecutive World Cup appearance, this time guiding Ghana.Ghana found itself without a coach 72 days before the tournament after parting ways with Otto Addo following friendly defeats to Austria and Germany in March.Queiroz’s World Cup résumé includes leading Portugal to the round of 16 in 2010 and steering Iran through three editions, recording three wins in 13 matches.Born in Mozambique, the former goalkeeper has also managed Egypt, Japan, Colombia and South Africa, and previously helmed Portugal in the early 1990s.“This is not just another job – it is a mission,” Queiroz said. “I am ready to give everything of my experience and knowledge once again, in service of the game and the happiness of people.”He was chosen from more than 600 local and foreign applications because of his extensive World Cup experience.Ghana have been drawn into Group L alongside Croatia, England and Panama.The Black Stars will fine‑tune their tactics in warm‑up matches against Mexico on May 22 and Wales on June 2.

Super Typhoon Sinlaku, a powerful storm system, is bearing down on the remote Mariana Islands in the northern Pacific Ocean. The storm, which formed on April 9, has sustained winds of 278 km/hour (173 mph) and is moving at a slow pace of about 14 km/hour (9 mph).The super storm was approximately 68 nautical miles (126km) southeast of the island of Saipan in the Northern Mariana Islands at about midday on Tuesday local time. While Sinlaku appears to be weakening and could pass by the Northern Mariana Islands with the strength of a Category 4 or Category 5 storm, it still remains extremely dangerous.The Guam’s Office of Civil Defence warned of widespread rain and flooding along with destructive winds that could cause power outages. Although Guam will likely avoid a direct hit from Sinlaku, the island will still encounter high winds of up to 64 to 80 km/hour (40 to 50 mph) and gusts of up to 105 km/hour (65 mph).The office also warned the island’s 170,000 residents to stay out of the water, as dangerous sea conditions are expected to last until Thursday. Before turning towards Guam and the Northern Marianas, the storm left significant damage to the outer islands and atolls of Chuuk in the Federated States of Micronesia.

Colombia's Environment Minister, Irene Velez, announced on Monday that the country will cull up to 80 hippos that have been roaming freely in a region near the Magdalena River basin. The decision comes after previous attempts to control the population, including sterilization and capturing the animals, proved too expensive or ineffective.The hippos were introduced to Colombia by infamous drug lord Pablo Escobar in the 1980s, when he brought four to his private zoo. After Escobar's death, the hippo population swelled to an estimated 170, with the animals now spotted up to 60 miles from Escobar's former ranch, Hacienda Napoles.Authorities say the hippos pose a threat to villagers who encounter them and compete with native wildlife, such as manatees, for food. Despite local concerns, the hippos have become a tourist attraction, with visitors flocking to the Napoles ranch to spot the animals and buy hippo-themed souvenirs.Animal welfare activists have opposed the culling, citing concerns about the country's history of conflict and the potential for the cull to set a poor example. However, Velez emphasized that the action is necessary to preserve Colombia's ecosystems. The hippos cannot be returned to their natural habitat due to their limited gene pool, which could lead to the spread of diseases.

The International Monetary Fund has announced that the United Kingdom will grow 0.5 percentage points slower this year than it forecast in January, marking the steepest downgrade among the G7 economies. Against the backdrop of the escalating Iran war, the IMF warned that inflation is climbing toward 4% and that unemployment could hit its highest level in more than ten years, underscoring the widening economic strain on Britain. Labour Chancellor Rachel Reeves is set to attend the IMF and World Bank spring meetings in Washington, where she must navigate both the geopolitical fallout of a conflict not of the UK's making and a domestic fiscal squeeze. Even before the war, the UK entered the year with tepid growth, hampered by lingering tax uncertainties and a cost‑of‑living crisis that left households facing the highest inflation rates in the G7. IMF economic counsellor Pierre‑Olivier Gourinchas highlighted that the country's weak outlook is partly a “shadow effect” of its already sluggish growth, compounded by the war’s impact on global energy supplies—the biggest shock since the 1970s. The United Kingdom’s energy mix remains heavily dependent on gas, much of which is now imported at sharply higher market prices. As Gourinchas explained, higher gas costs are being passed through to wholesale energy prices, even though temporary household protections are in place. Reeves has signalled that her immediate priority at the IMF will be to advocate for de‑escalation of the Iran conflict. At the same time, she must contend with a public‑finance situation characterized by elevated debt and rising borrowing costs, limiting the government’s capacity to respond. Given the pressure on consumers and Labour’s lagging poll numbers ahead of the May local elections, the IMF expects the UK to roll out targeted emergency financial support in the short term. Looking further ahead, the fund urges Britain to insulate itself from future energy shocks by accelerating investment in renewable sources and fostering sustainable economic growth.

The arrest of Ahmed Shihab-Eldin, a Kuwaiti national and US-born journalist, has sparked fears about the erosion of free speech in Kuwait and the wider Middle East. Shihab-Eldin, who has worked for prominent outlets like PBS, HuffPost, and Al Jazeera English, was detained on March 3 during a visit to Kuwait. Shihab-Eldin's reporting focused on a friendly fire incident on March 2, where Kuwaiti air defenses shot down three US planes, fortunately without any pilot casualties. He published footage of a US F-15E Strike Eagle crashing in al Jahra, west of Kuwait City, and described local residents assisting the crew in a civilian truck. Campaigners worry that Shihab-Eldin might face charges under new security laws being introduced in Kuwait, possibly in a new security court. These laws have been criticized for restricting publicity about attacks on infrastructure and allowing the government to label certain reporting as terrorism. The Committee to Protect Journalists (CPJ) has expressed concern over Shihab-Eldin's detention, highlighting a broader trend of escalating censorship of journalists and news outlets across the world related to the Iran war. Sara Qudah, CPJ's Middle East regional director, stated, 'We are seeing escalating censorship of journalists and news outlets across the world in relation to the Iran war... He must be freed immediately.' Kuwait has recently passed laws that define terrorism broadly and propose significant fines and sentences for publishing statements that could weaken confidence in military entities. The country has also been using citizenship laws to expel alleged dissidents and has withdrawn visas for Iraqi citizens following protests. The detention of Shihab-Eldin and these new laws reflect a wider crackdown on dissent in Kuwait and the Gulf region. Critics argue that these measures are transforming Kuwait into a police state that suppresses dissenting opinions and imprisons those who express them.

The European Union is set to implement a sweeping reform of steel import duties from July, doubling tariffs and halving duty‑free quotas in an effort to stem a surge of low‑priced Chinese steel. EU lawmakers approved the measures after late‑night negotiations, targeting a 47% reduction in quota allowances. While exact country allocations remain pending, the policy will apply to all non‑EEA members, leaving Norway, Iceland and Liechtenstein exempt. EU Industry Commissioner Stéphane Séjourné hailed the deal as the "strongest ever" safeguard for European steel, framing it as a victory for domestic mills, workers and industrial sovereignty. European steel lobbyist Axel Eggert of Eurofer argued the steps will create space for EU producers to add 15 million extra tonnes of steel to meet local demand, thereby pulling the sector "back from the brink". Recent import data underscore the urgency: steel inflows rose to a record 9.9 million tonnes in the final quarter of 2025, up from 7.4 million tonnes a year earlier. The new regime will cap total EU steel imports at 18.7 million tonnes annually, with quotas to be negotiated across 28 product categories. For the United Kingdom, the timing is critical. The EU remains the UK's largest steel market, absorbing roughly 1.8 million tonnes of British steel each year—about 10% of the new quota. UK Steel, the industry body, warned that a failure to secure reciprocal quota access could cripple export flows. Britain is preparing its own counter‑measures, announcing a 50% tariff on third‑country steel imports from 1 July and a 60% cut to its own quotas, a stricter stance than the EU’s 47% reduction. Union representatives echo the alarm. The Community union described the EU quotas as an "existential threat" to British steel and urged the Labour government to guard against a potential "tide of diverted steel" entering the UK market. Both sides acknowledge the deep integration of their steel sectors. Eurofer’s deputy director Karl Tachelet called for preferential treatment for the UK, emphasizing that the two industries share a common interest in avoiding punitive measures. As negotiations unfold, the outcome will shape not only the future of European steel production but also the broader post‑Brexit trade relationship between the EU and the United Kingdom.

The UK government has unveiled a significant investment in England's cultural sector, with over 100 venues set to share a £130m funding package under the Arts Everywhere scheme. This initiative is part of a broader £1.5bn package aimed at supporting cultural infrastructure projects throughout the current parliament. The funding will be administered by Arts Council England on behalf of the Department for Culture, Media and Sport. It comprises three main funds: the Creative Foundations Fund (£96m for 74 arts and cultural venues), the Museum Estate and Development Fund (£28m for 28 museums), and the Libraries Improvement Fund (£6.3m for 28 library services). Beneficiaries of the funding include the Lowry Centre in Salford, which will receive £8.5m to upgrade critical infrastructure such as replacing escalators with new lifts and providing step-free access to galleries. The Royal Shakespeare Company in Warwickshire and the Hexagon in Reading are also among the recipients. Culture Secretary Lisa Nandy emphasized the importance of local arts, museums, and libraries in bringing communities together and reflecting the country's identity. She stated, 'Arts and culture aren’t a luxury for a privileged few. They are for everyone, everywhere.' The funding package represents a significant injection into a sector that has faced challenges in recent years. Arts Council England chair Nicholas Serota noted that the investment will help organizations secure their futures and continue to provide access to excellent art and culture. This investment follows a previously announced £270m and is part of a broader effort to repair the UK's cultural infrastructure. It marks one of the biggest resets in the arts for a generation, particularly after ACE funding was cut by 30% in 2010.