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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.

Michael Rosen, celebrated poet and author of titles such as We’re Going on a Bear Hunt and Chocolate Cake, has been awarded the 2026 Hans Christian Andersen Award in recognition of his lifelong impact on children’s literature.The accolade makes him the fourth Briton to receive the honor, joining the ranks of Eleanor Farjeon, Aidan Chambers and David Almond.The International Board on Books for Young People (IBBY) praised Rosen’s work for echoing the rhythms of children’s language, blending playfulness with emotional depth and social awareness. IBBY highlighted his ability to foster empathy and spark conversations about history, family, loss, identity and society across poetry, novels and non‑fiction.The companion illustration prize was bestowed upon Chinese artist Cai Gao, whose distinctive visual language and high artistic quality expand the possibilities of children’s illustration. Past illustration laureates include Quentin Blake, who won in 2002.Rosen missed the award announcement at the Bologna Children’s Book Fair after being denied boarding on a flight from Stansted to Bologna due to post‑Brexit passport regulations. The rule requires UK passports to have been issued within the previous ten years and to retain at least three months’ validity on the day of departure.He later posted on X (formerly Twitter), noting the irony of being turned away because his passport was issued in March 2016 despite an expiry in August 2026, calling it a “Brexit benefit”.Despite the setback, Rosen received a call from an Italian woman informing him of his win, which he described as a “happy ending”.From a pool of 78 candidates across 44 countries, the jury evaluated the “distinctive literary and artistic qualities” of each entrant and their capacity to view the world through a child’s eyes. The formal award ceremony is slated for August in Ottawa.

The US political landscape is increasingly dominated by money, with billionaires and corporations spending vast amounts to influence elections and policy. In California, signature collectors are being paid $15 apiece to gather signatures in support of countermeasures against a proposed billionaire tax.The crisis has escalated since the 2010 Citizens United decision, which shredded limits on independent corporate election spending, fueling the growth of cash-flush Super Pacs and anonymous dark money non-profits. In 2024, $1.5bn in Super Pac donations came from organizations that aren’t required to name their donors.The ruling has, on balance, boosted conservatives, with Republicans receiving a four-point electoral bump in states where Citizens United struck down existing bans on corporate donations. Meanwhile, rampant income inequality has fueled a parallel democratic deficit, with the richest 10% of Americans now owning 93% of the stock market.To rebalance the scales, alternatives such as public election financing are being explored, which helped Zohran Mamdani secure his mayoral victory in New York City last year. Currently implemented in 15 states and Washington DC, these programs issue grants, vouchers and matching funds that augment the power of small donations.Citizens United might also be circumvented by novel legal maneuvering, with states holding considerable authority to define the powers they grant to incorporated entities. In Montana, organizers are collecting signatures for a Transparent Election Initiative that would strip corporations of the power to engage in election spending.

A heartfelt tribute has been paid to Dame Jenni Murray, a renowned figure in British radio, known for her exceptional broadcasting skills and generosity of spirit. The author recalls her kindness and guidance when they appeared as a guest on Woman's Hour in the 1990s, discussing their novels on topics such as motherhood and dieting. Dame Jenni shared valuable insights into the art of radio broadcasting, including the importance of not discussing the main topic in the green room to save the best lines for the show. She also emphasized the need to turn off mobile phones before entering the studio, a lesson she occasionally forgot herself, much to the frustration of her producers. Her warm and approachable nature made her a beloved figure, both on and off the air. The author fondly remembers her staying on for a glass of wine in the BBC canteen after shows and her remarkable charity work, particularly with the Young Oncology Unit at the Christie hospital in Manchester. Dame Jenni's infectious humor and big-heartedness inspired others to get involved in charitable initiatives, leading to successful fundraising dinners and a significant impact on the community.

This week Anthropic revealed that its latest AI system, dubbed Mythos, is so powerful that the company will not make it publicly available, arguing that the potential risks outweigh commercial incentives.U.S. Treasury Secretary Scott Bessent convened senior banking executives to discuss the implications of the model, underscoring growing governmental concern over advanced AI capabilities.In the United Kingdom, Reform MP Danny Kruger wrote to the government urging an immediate dialogue with Anthropic, warning that Claude Mythos could pose "catastrophic cybersecurity risks" to the nation.Critics such as AI researcher Gary Marcus questioned the hype, suggesting that Anthropic’s co‑founder Dario Amodei may possess strong technical skills but is "graduated from the same school of hype and exaggeration" as OpenAI’s Sam Altman.Beyond the policy debate, Anthropic has mounted a striking media offensive. The startup secured a 10,000‑word profile in the New Yorker, two feature pieces in the Wall Street Journal, and a Time magazine cover that placed founder Amodei alongside the Pentagon and U.S. Defense Secretary Pete Hegseth.Co‑founder Jack Clark and Amodei appeared on separate New York Times podcasts, fielding questions about machine consciousness and the model’s potential to "rip through the economy." Their "resident philosopher" even discussed with the WSJ whether Claude, Anthropic’s commercial product used for cryptocurrency trading and missile‑target designation, possesses a "sense of self."Anthropic’s public‑relations lead, Danielle Ghiglieri, celebrated the coverage on LinkedIn, describing the Time cover as a "mad dash" that finally let the company tell its own story.However, the company’s PR triumphs have not been without missteps. In early April, Anthropic inadvertently released part of Claude’s internal source code, though it assured that no customer data or credentials were exposed.Experts remain skeptical about the unverified claims surrounding Mythos. Dr. Heidy Khlaaf of the AI Now Institute warned that the vague marketing language could be an attempt to attract investment without substantive scrutiny.Cybersecurity specialist Jameison O’Reilly acknowledged the model’s novelty but downplayed Anthropic’s assertion of discovering "thousands of zero‑day vulnerabilities," noting that in a decade of offensive operations, zero‑days were rarely needed to achieve objectives.Anthropic also faces operational constraints. The firm has imposed usage caps on its popular Claude model and now requires customers to purchase additional compute capacity for third‑party tools, suggesting that infrastructure limitations may be a practical reason for withholding Mythos.As the race to dominate the emerging AI market intensifies, Anthropic’s strategy appears to blend genuine safety concerns with a calculated publicity push, positioning Mythos as a strategic signal that the company remains "open for business" while keeping the technology under tight control.

Designer matchboxes have transformed from a utilitarian item into a coveted home‑accessory, with luxury retailers showcasing collections that command prices up to £235.Selfridges, the high‑end department store chain, says sales of premium matchboxes have jumped 121% year‑on‑year. To meet the surge, the retailer has more than doubled its assortment, now offering over 100 styles priced between £5 and £230, and touts the product as “the must‑have home accessory for 2026”.At the top of the range sits a three‑piece set designed by Cartier, featuring panther‑embellished paper and card tubes that hold 80 matches each and retail for £235.Independent designer Jo Laing, known for ceramic‑topped matchboxes, reports a 60% increase in sales year‑on‑year. Her limited‑edition, reusable boxes now appear in Harrods and are priced at £70, with stock frequently selling out.The matchbox emerged in the late 1800s as a novel advertising canvas, evolving into an unexpected art form that displayed everything from political slogans to commercial branding.While opulent versions in silver, gold and ceramics faded after smoking bans, the recent revival shows the item’s shift from pure function to decorative status.Market analysts suggest the craze reflects tighter household budgets. Consumers, unable to justify expensive candles or décor, are opting for “little treats” that provide a touch of luxury without breaking the bank.Bia Bezamat, cultural insights director at Kantar, notes: “There’s a sustained trend for ‘little treats’ … it’s a response to cost‑of‑living pressures: people want small, affordable pockets of joy to brighten their day.”Claire Dickinson, senior strategist at WGSN Interiors, describes the phenomenon as “the homeware equivalent of the lipstick effect”, where shoppers replace high‑priced luxuries with more modest, yet still indulgent, items. She adds that these matchboxes embody the rise of “beautilities” – practical objects designed to be seen and enjoyed.Henrietta Klug, head of home at Selfridges, says the once‑functional matchbox is “re‑emerging as an object of desire”, now featured on the tables of London’s trend‑setting bars and restaurants.Five of the most expensive matchboxesDebonnaire silver matchbox – £843Diabolo de Cartier graphic‑print matchboxes (set of three) – £225Panthère de Cartier graphic‑print matchboxes (set of three) – £235Jo Laing ceramic moon matchbox – £70Refill for L’Objet matchbox – £25

When wages have been stagnant for almost two decades and a simple tube of toothpaste now costs nearly £7 at a major supermarket, the claim that “money can’t buy happiness” feels increasingly dismissive. The argument rests on a narrow view of what money can achieve. Spending cash solely on material goods yields only short‑lived pleasure. In contrast, the ability to afford time, experiences and mental‑health support expands one’s sense of freedom and purpose. Even basic needs such as leisure have become commodified; more disposable income simply translates into more opportunities to pursue what matters. As someone diagnosed with ADHD, I have learned—through personal trial rather than formal neuroscience—how to secure a steady supply of dopamine. The cheapest route is not a quick thrill, but activities that provide lasting satisfaction, such as novel experiences and moments of awe. One vivid example came during a winter trip to rural France, where two feet of snow turned the landscape into a scene straight out of Narnia. The awe‑inspiring view was a reminder that nature’s restorative power is often accessible only to those who can afford the travel, in my case a budget flight with Ryanair. Research supports the intuition that higher income correlates with greater happiness. A 2023 study by psychologists at Princeton and the University of Pennsylvania found that people with higher earnings report higher life satisfaction, though money cannot resolve non‑financial sources of unhappiness. Even the world’s richest are not immune to the paradox. Earlier this year, Elon Musk—on track to become the first trillionaire—tweeted that anyone who says “money can’t buy happiness” must be missing something. While Musk’s wealth may not guarantee personal joy, the same resources could provide a foundation for happiness for billions facing financial strain. Nevertheless, hoarding wealth like a dragon does not equate to fulfillment. The column suggests that redirecting a portion of vast fortunes toward travel, cultural enrichment, and shared experiences could transform isolated wealth into collective well‑being. In short, financial stability reduces stress and broadens horizons. It allows individuals to invest in the intangible assets—time, relationships, awe‑inducing experiences—that truly enrich life.

Maria Semple's latest novel, 'Go Gentle', is a joyfully clever romantic comedy that explores the application of Stoic philosophy to modern life. The story follows Adora Hazzard, a Stoic philosopher and divorcee living on New York City's Upper West Side, as she navigates her life and encounters a handsome stranger.Semple, best known for her bestselling novel 'Where'd You Go, Bernadette', presents a unique blend of humor, philosophy, and romance. The book is a zany high-wire act that seamlessly weaves together elements of comedy, art heist, thriller, and romantic comedy.At its core, 'Go Gentle' is a paean to the virtuous joys of Stoic philosophy. Semple makes Stoicism feel fresh and exciting through Adora's enthusiasm, which is contagious and inspiring. The book fizzes with funny lines, and Semple's writing is full of charm and wit.However, the book's merry chaos sometimes tips over into disjointedness, particularly in the section charting Adora's marriage deterioration through time-stamped nuggets. Despite this, the book's main plot is ingeniously wrapped up at the end, leaving readers feeling both cleverer and sillier.'Go Gentle' by Maria Semple is published on 16 April by W&N (£20). To support the Guardian, buy a copy at guardianbookshop.com. Delivery charges may apply.

It's been 20 years since the passing of Muriel Spark, a celebrated Scottish novelist, short story writer, poet, and essayist. With a career spanning over two decades, Spark left an indelible mark on literature with her 22 novels, which are characterized by their uncanny, astute, and witty storytelling. James Bailey, author of the biography Like a Cat Loves a Bird: The Nine Lives of Muriel Spark, provides a guide to Spark's oeuvre, highlighting her unique narrative style. A typical Spark novel begins by introducing an enclosed community, such as nuns, schoolgirls, or desert island castaways, filled with gossip, deceptions, and conflicts. This setup is then disrupted by a dramatic event, like a murder or scandal, allowing Spark to explore the consequences. For readers new to Spark's work, Memento Mori (1959) is a great starting point. This darkly comic novel follows a cast of bickering pensioners who receive anonymous phone calls with the ominous message: 'Remember you must die.' The novel raises questions about mortality, fear, and the human condition. Spark's debut novel, The Comforters (1957), is a remarkable example of her innovative storytelling. The protagonist, Caroline Rose, believes she can hear the clanking typewriter keys of an entity she calls the Typing Ghost, which dictates the events of her life. This novel showcases Spark's ability to blend diabolism, diamond-smuggling, and supernatural elements. One of Spark's most famous novels, The Prime of Miss Jean Brodie, is known for its quotable lines, such as 'Give me a girl at an impressionable age and she is mine for life.' This novel explores themes of favouritism, fascism, and the seductive power of belonging. Spark considered The Driver's Seat (1970) her finest achievement, describing it as her creepiest work. This novel follows Lise, a protagonist whose holiday romance takes a dark and unexpected turn. Spark's works often explored the contrast between public personas and private lives. Her 1968 novel, The Public Image, is a prime example, delving into the world of a film star struggling to maintain her reputation amidst paparazzi and self-absorbed relationships. Spark's short stories, collected in her Complete Short Stories, offer a glimpse into her versatility as a writer. These tales often feature unquiet spirits and explore themes of mortality, guilt, and redemption.