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World Economy Mar 27, 2026

Fuel Price Surge Amid Iran Crisis Leaves Manila Streets Empty

The ongoing crisis in the Strait of Hormuz has led to a surge in fuel prices, causing a significant…
Manila, Philippines, is experiencing a rare phenomenon - empty streets. For years, the city's transport congestion has been notorious, ranking worst globally in 2024, according to the TomTom traffic index. However, a 26km drive from the Manila airport to the Quezon City Hall now takes just 45 minutes, instead of the typical two hours, according to Google Maps.The reason behind this sudden change is the surge in fuel prices following the United States and Israel's joint military operation against Iran almost a month ago. This has resulted in a significant decrease in vehicular traffic, with fewer buses, jeepneys, and ride-hailing vehicles plying the streets.The impact is being felt by vendors and transport workers, such as Ruben, a 27-year-old parking attendant, who earned less than half his usual collection on a typical Wednesday. Emily Ruado, a 59-year-old paper napkin vendor, also reported a decline in her daily income from $10 to $5.The financial difficulties faced by individuals like Ruben and Emily reflect a bigger headache for the Philippines, as worries of a sharp increase in prices of basic goods and sudden loss of employment for thousands of people could quickly lead to a stagnating economy. The country's GDP growth rate of 5 percent is now becoming more unlikely.The surge in fuel prices has also exposed the acute insufficiency of Manila's limited railway network, with commuters swelling during rush hour at metro stations. This highlights the need for improved infrastructure and the multibillion-dollar infrastructure corruption scandal still roiling the country.
#philippines #manila #economy
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World Economy Mar 27, 2026

Lloyds Bank Faces £66m Court Battle with 30,000 Car Loan Customers

Lloyds Banking Group is facing a £66m court battle with 30,000 car loan customers who claim they we…
Lloyds Banking Group is embroiled in a significant court battle with approximately 30,000 car loan customers who are seeking £66m in compensation. The claims, being handled by the law firm Courmacs Legal, stem from allegations that Lloyds' motor finance arm, Black Horse, engaged in unfair commission arrangements with car dealers, leading to customers being overcharged for their loans. This case is part of a broader car loans commission scandal that has affected numerous consumers. The Financial Conduct Authority (FCA) had proposed a redress scheme worth an estimated £11bn to compensate affected customers. However, the claimants have opted to pursue a court case instead, citing concerns that the FCA's scheme may not provide adequate compensation. Under the FCA's proposed scheme, consumers were expected to receive an average payout of £700 per claim, which is less than half of the £1,500 average payout recommended by some consumer groups. This discrepancy has led claims law firms to argue that the scheme favors lenders over consumers. The court case, expected to be filed in the coming weeks, marks a significant development in the ongoing car finance mis-selling scandal. Courmacs Legal will represent the 30,000 claimants, taking a 28% cut of any successful payout. The firm believes that pursuing a court case is necessary to ensure that their clients receive fair compensation. A spokesperson for the FCA emphasized that their redress scheme is designed to provide consumers with fair compensation quickly and without incurring high fees. Meanwhile, Lloyds Bank has declined to comment on the matter. This case is likely to be the first in a series of omnibus suits against other lenders involved in the motor finance mis-selling scandal. A court of appeal case brought by Lloyds and other banks is currently pending, which could potentially impact the progression of Courmacs's omnibus claims.
#car #consumers #lenders
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Stage Mar 27, 2026

Miller's Classic Reimagined Through #MeToo Lens in High School Drama

Kimberly Belflower's 'John Proctor Is the Villain' reimagines Arthur Miller's 'The Crucible' throug…
Kimberly Belflower's revisionist take on Arthur Miller's classic The Crucible re-spins the witch-hunts for the #MeToo generation. Set in 2018, the play follows a classroom of teenagers—mostly girls—as they attempt to establish a feminist club, an effort seemingly sparked by contemporary news headlines. This original approach addresses adolescent girlhood in the direct aftermath of the Harvey Weinstein scandal, though the production takes time to build momentum.The narrative centers on Beth (Holly Howden Gilchrist), the class academic; Ivy (Clare Hughes), whose father faces workplace misconduct allegations; Nell (Lauryn Ajufo), the new student; and Raelynn (Miya James), a pastor's daughter dealing with relationship betrayal. Shelby (Sadie Soverall), though absent for much of the play, plays a crucial role in the unfolding drama.Set in a small-town Georgia high school, the feminist club concept initially proves controversial until a charismatic teacher, Carter Smith (Dónal Finn), suggests expanding it to include boys. Directed by Danya Taymor and performed continuously in under two hours, the script pivots around the students' study of Miller's play alongside their developing understanding of intersectional feminism.The production captures the girls' internalization of societal micro-aggressions with humor and pathos, incorporating pop music tributes to artists like Lorde, Taylor Swift, and Beyoncé. While the dialogue authentically portrays adolescent female relationships, the review notes these connections are sometimes flattened by their cuteness rather than reflecting the sharp edges typical of this transitional life stage.A significant parallel emerges between Miller's John Proctor—a morally complex character who ultimately maintains his principles—and the predatory male figure in the contemporary narrative. The review suggests a false equivalence between these characters, as the modern figure is portrayed as a serial abuser rather than a morally conflicted individual.The play concludes with an emotional climax as students reinterpret scenes from The Crucible through interpretive dance, symbolizing their liberation while acknowledging that the predator remains in their midst. This ending, while thematically resonant, is described as feeling neat and easy despite its powerful emotional impact.Despite these criticisms, the production effectively captures the zeitgeist of 2018 for a generation of girls coming of age in the shadow of the Weinstein scandal and the #MeToo movement, raising questions about the movement's lasting impact and current relevance.
#play #but #miller
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World Economy Mar 26, 2026

NS&I Admits £476m in Missing Savings for Bereaved Families

National Savings & Investment (NS&I) faces a scandal over £476m in missing payments to bereaved fam…
National Savings & Investment (NS&I;), a state-owned savings bank in the UK, has admitted to a long-running administrative error that has resulted in nearly £500m in missing payments to bereaved families. The bank's chief executive, Dax Harkins, was forced out amid the scandal.NS&I;, which holds over £240bn for 24 million customers, has been accused of a series of errors dating back years. The bank allegedly lost track of investments and withheld premium bond prizes from the families of deceased savers. Some families had to pay lawyers to recover their money.The pensions minister, Torsten Bell, confirmed that 37,500 bereavement claims were potentially affected, with a total value of £476m. He stated that the problem had been reported to ministers in December last year and that NS&I;'s new CEO, Sir Jim Harra, would work to resolve the issue.NS&I; has apologized for the errors, stating that it had identified an issue where the estates of deceased customers were not always repaid money from all of their accounts after a bereavement claim. The bank has introduced robust measures to ensure this does not happen again.To rectify the situation, NS&I; will publish a plan in May detailing how people will be reunited with their money. The plan will confirm the number of missing payments and how the representatives of estates will be contacted. Estates may receive interest on savings as well as compensation. The government has promised that the cash is '100% safe' and that returning it will not present an additional liability to the taxpayer.
#amp #savings #money
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Commentisfree Mar 26, 2026

UK Water Privatisation: A Lethal Scandal Exposed

The article discusses the tragic story of Julie Maughan, whose eight-year-old daughter died due to …
The recent story of Julie Maughan, a grieving mother who lost her eight-year-old daughter Heather Preen due to exposure to polluted water, has left an indelible mark. The Channel 4 docudrama Dirty Business brings to light the struggles of campaigners and families fighting against privatised water companies and a system that often fails to protect them.In a poignant meeting, Julie Maughan's emotional testimony, marked by grief, dignity, and determination, underscored the human cost of water privatisation. Her story starkly contrasts with the detached world of statistics and policy debates, illustrating the moral failure of a system that prioritises profit over people's lives.Clive Lewis, Labour MP for Norwich South, argues that the water industry's model, which allows private companies to profit from a basic necessity while the public bears the risk, is fundamentally flawed. This has led to billions being paid to shareholders while investment falls short and pollution becomes routine.The article highlights the broader implications of water privatisation as a microcosm of a larger systemic problem. With millions of households facing another wave of pressure on their living standards due to an impending energy price surge, the question remains whether the current economic framework can adapt to address these challenges.Lewis emphasises that Labour must decide whether it stands with the electorate or the water companies, advocating for a fundamental reorientation of the economy that prioritises the public interest over profit. The story of Julie Maughan and her daughter Heather serves as a powerful reminder of the human cost of policy failures and the urgent need for change.
#not #water #our
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Business Mar 26, 2026

NS&I Faces Hundreds of Millions in Payouts Over Missing Savings Scandal

National Savings and Investments (NS&I) is set to repay hundreds of millions of pounds to around 37…
National Savings and Investments (NS&I;) is preparing to make a significant payout to customers who have been affected by a savings scandal. The bank is expected to repay hundreds of millions of pounds to approximately 37,000 people whose money was misplaced due to historical failings.The government-backed savings institution is in discussions with the Treasury to compensate these customers, with the exact amount yet to be determined. This payout would not be considered compensation but rather a reimbursement for money that customers did not receive.The scandal involves reports of bereaved families not receiving money that was rightfully theirs, as well as complaints that NS&I; failed to pay out premium bond prizes to the families of deceased savers. The bank has apologized for the poor customer service, particularly during sensitive times.The pensions minister, Torsten Bell, is expected to address the issue in a statement to the House of Commons. NS&I; holds over £100bn for around 26 million customers and is one of the largest savings organizations in the UK. The bank recently faced criticism over the spiralling cost of its modernisation programme, which has risen from £1.3bn to £3bn.A spokesperson for NS&I; said: “We recognise that dealing with bereavement can be challenging and would like to apologise to anyone who has not received the customer service from NS&I; that they should expect, particularly at such a sensitive time.”
#National Savings and Investments #UK Treasury #UK Government
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Tv And Radio Mar 24, 2026

Martin Clunes Delivers Chilling Performance in Huw Edwards Abuse Drama

The review examines Channel 5's drama about disgraced BBC newsreader Huw Edwards, highlighting Mart…
When future generations examine television trends, they might be surprised by the glut of dramatisations about famous men caught in sex scandals. Jimmy Savile and Prince Andrew have both received multiple treatments, and now, with almost crushing inevitability, comes Channel 5's Power: The Downfall of Huw Edwards.Edwards, the high-profile BBC newsreader who resigned in 2024 before being charged with three counts of making indecent images of children, remains defensive. Prior to the broadcast, he released a statement claiming the drama is unlikely to convey reality while asserting: I am repelled by the idea that some people enjoy viewing indecent images of children.The drama earns its title by portraying a powerful man utilizing a queasy power dynamic to manipulate a teenage boy into fulfilling his sexual desires. While not the pinnacle of drama, the film succeeds in capturing a sickening feeling in the pit of your stomach.The main draw comes from its casting. Martin Clunes, known for roles that rely on his innate likability, creates an impressively accurate Edwards. He captures the fascinating mix of swagger and vulnerability, along with Edwards' distinctive accent and diction. Even during disturbing scenes, his performance never wavers.For much of the film, Edwards remains a figure of distant menace. Instead, this is really the story of Ryan (Osian Morgan), a teenage boy who finds himself being groomed by Edwards. The drama is constructed around first-hand interviews with Ryan (using a pseudonym to protect his identity), showing how Edwards validated his desire for connection before making the relationship transactional.Most powerfully, the film depicts the effect on Ryan's parents, as their dismay at his increasing waywardness first becomes anger directed at Edwards and then fear that they had become the bad guys.Still, the producers face challenges with a story that isn't visually interesting. Much of the relationship happened over text, meaning excessive time is spent watching people type or narrate messages. The film makes odd stylistic choices, including framing everything around the Queen's death and ending with Edwards reporting on his own charges.Edwards has promised to tell his side of the story, but as the reviewer notes, few will have the stomach to hear it when that day arrives.
#edwards #his #power
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Film Mar 24, 2026

Surrender to It Review: A Painful Reunion of Ageing Thespians

The film 'Surrender to It' follows a group of ageing actors reuniting for a hiking weekend, but the…
Surrender to It is a film that seems to have been made without regard for the clichés that have been established by similar movies in the past. Writer-director Tim Bryn Smith appears to have ignored the criticism that greeted films like Peter's Friends back in 1992, which featured a similar premise of actors reuniting.The story revolves around a group of former thespians who met at a drama workshop and are now reuniting for a hiking weekend. The cast includes Daemian Greaves, Melissa May Smith, Fletcher Graham, and Chantelle Lee, among others. However, their performances are marred by stiff gestural quality and amateur production values.The script, credited to Bryn Smith and Chris Wetton, feels disjointed and like it was cobbled together from improv exercises and random suggestions. The film tries to balance maudlin tones with comic subplots, but the result is a mess. One subplot involves a bereaved couple mourning their dead son, while another focuses on a movie star recovering from a scandal.The film's production values are also lacking, with scissorhand editing and poorly executed plot twists. Despite its flaws, Surrender to It will be available on digital platforms from 30 March.
#who #smith #one
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