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JP Morgan's proposed 279,000 sq metre tower in Canary Wharf, which would serve as its European headquarters, is contingent on the UK government offering a business rates discount of up to 100% over a period of years. This potential sweetener could amount to hundreds of millions of pounds, as the site is estimated to generate up to £1.6bn in rates over 25 years.The development, which would house 12,000 JP Morgan staff, is part of a £3bn investment in London. The bank's CEO, Jamie Dimon, cited the UK government's priority on economic growth as a critical factor in the decision. However, documents from the local Tower Hamlets council reveal that JP Morgan is unlikely to progress with the project without clarity on the business rates incentive.The proposed discount has sparked controversy, as it would benefit a large corporation while potentially disadvantaging small businesses like pubs and restaurants that were recently hit with increased business rates in the budget. One proposal considers creating an enterprise zone around JP Morgan's development to enable time-limited business rates discounts.The negotiation highlights the significant influence of large corporations in securing favorable deals. Despite the potential economic benefits, including 7,800 construction-related jobs and an estimated £10bn contribution to the UK economy over six years, the deal raises questions about fairness and the cost to taxpayers.

The 2028 Los Angeles Olympic Games have announced that 1 million tickets will be available for $28, with a presale for residents in qualifying areas of Los Angeles and Oklahoma City beginning on April 2. General public ticket sales will start on April 9. According to LA28, roughly 5% of the Olympic tickets will cost over $1,000, while more than 75% of all tickets, including finals, will be under $400 and nearly 50% of all tickets will be under $200. This pricing strategy aims to make the event more accessible to a wider audience. “Tickets are comparable to and in many cases well under what we see for other professional sporting and major entertainment events in the US,” said Allison Katz-Mayfield, LA28’s senior vice-president of Games delivery revenue. This statement highlights the organizers' effort to balance revenue goals with fan affordability. To address ticket security concerns, LA28 has named a group of verified resale platforms, including AXS, Eventim, Ticketmaster, and Sports Illustrated Tickets. The verified multi-platform resale programme will open in 2027, providing fans with multiple points of access to verified tickets. The announcement comes as organisers prepare for the first ticket drop and seek to warn fans against buying from unauthorised sellers. LA28 emphasized that primary tickets will only be sold through its official ticket service providers, AXS and Eventim.

Donald Trump has issued a stark warning to Iran, threatening to "obliterate" its power stations and fresh water plants if a peace deal is not reached soon. This comes as the US and Israel's joint war against Iran enters its second month, with Tehran remaining defiant in the face of US peace proposals.The conflict has already had significant repercussions, including a record monthly rise in oil prices and concerns over a potential US ground operation to seize Kharg Island. Trump's threat to destroy civilian infrastructure, such as power and water facilities, has been condemned by human rights groups as a potential war crime.The White House has also suggested that Arab countries may be asked to help foot the bill for the war, adding a new dimension to the conflict. "It's an idea that I know that he has," said White House press secretary Karoline Leavitt.International pressure is mounting, with Spain closing its airspace to US planes involved in the conflict and the UK's prime minister reiterating that "this is not our war and we are not going to get dragged into it". Egypt's president, Abdel Fattah al-Sisi, has called on Trump to end the war, warning that "no one will be able to stop the war in our region".The conflict threatens to plunge the global economy into recession and trigger shortages of food and pharmaceuticals. The International Monetary Fund has warned that "all roads lead to higher prices and slower growth worldwide" if the conflict continues.

The US-Iran conflict, now in its fifth week, has escalated into a war of attrition with no clear strategy or end in sight. The US continues to hit Iranian targets while building up forces in the region, while Iran launches missile and drone attacks on Israel and neighboring Gulf states.The conflict has significant economic implications, with Iran's closure of the Strait of Hormuz causing oil prices to surge and disrupting global supply chains. The pain is likely to get worse, with shortages already felt across the world, from Asian factories to European diesel markets.The war should never have been started, with the threat not imminent, objectives unclear, and justification falling apart under scrutiny. Responsibility rests with Donald Trump and Israel's Benjamin Netanyahu. The delusion that force can impose a more compliant regime in Tehran has predictably given rise to a conflict that sustains itself.The only plausible exit is negotiation without preconditions. However, Mr. Trump mixes threats of escalation and claims that negotiations are progressing, with little evidence of a meaningful diplomatic track. The conflict cannot be separated from Gaza, where Mr. Netanyahu is gambling that war with Iran will restore his standing.If US ground forces are committed, the dynamic shifts, and American casualties will harden resolve among those who backed the intervention, making withdrawal politically harder. World powers can shift the incentives away from a US ground war by working together to insulate themselves from economic pain and coordinate diplomatic messaging.

A recent study led by Prof Becca Levy of the Yale School of Public Health has found that a positive mindset can significantly influence the aging process. The research, which followed over-65s for up to 12 years, discovered that individuals with positive beliefs about aging were more likely to experience improved physical or cognitive function.According to the study, nearly 45% of participants showed an improvement in their physical or cognitive performance over the study period. If extrapolated to the entire US population, this would suggest that more than 26 million older persons are experiencing an improvement in functioning.The findings, which may come as a surprise to some, suggest that having a positive outlook on aging can have a tangible impact on one's health and wellbeing. As the research notes, previous studies have also found that negative aging stereotypes can predict biomarkers for Alzheimer's.While the idea that a positive mindset can influence aging may be unwelcome news for pessimists, it highlights the importance of maintaining a positive outlook on life. As the author notes, it may be time to embrace a more optimistic approach to aging, rather than resigning oneself to a decline in health and wellbeing.

The International Monetary Fund (IMF) has issued a stark warning that the ongoing conflict in the Middle East will lead to higher prices and slower global growth, affecting countries worldwide. The Washington-based organisation emphasised that a rise in energy and food costs will harm economic growth this year and could leave lasting scars on the global economy.The IMF's analysis, published in a blogpost by its main department heads, including chief economist Pierre-Olivier Gourinchas, noted that governments with high levels of borrowing will have limited access to funds to cushion the worst effects of the crisis. The organisation warned that all roads lead to higher prices and slower growth should the conflict continue to disrupt the supply of oil, gas, and fertiliser from the Gulf.While some countries, such as the US, may gain from higher fossil fuel prices as net exporters of oil and gas, the rise in bills for petrol, diesel, and food will harm living standards. Businesses are also forecast to come under pressure to raise prices, possibly forcing central banks to raise interest rates to combat inflation.The IMF highlighted that about a third of fertiliser production travels through the strait of Hormuz, which could push up prices. The UN Food and Agriculture Organisation projects that global prices could average 15% to 20% higher in the first half of 2026 if the crisis persists. Natural gas prices have more than doubled in the UK since last December to about £140 a therm, while a barrel of Brent crude that cost about $60 before the conflict hit more than $116 on Monday before falling back to $112.The IMF added that forecasts for sharp rises in the cost of gas and electricity in Europe next winter are forcing governments to consider higher subsidies and welfare payments to the worst-affected households. The organisation noted that countries such as Italy and the UK are especially exposed by their reliance on gas-fired power, while France and Spain are relatively protected by their greater nuclear and renewables capacity.

Dayton Webber, a quadruple amputee cornhole champion, has been arrested on suspicion of murder after allegedly shooting and killing his friend, Bradrick Wells, in a suburban Washington DC area. Webber's ex-girlfriend, Tori Mattingly, claims he had a 'dark side' and was prone to anger and control during their four-year relationship.Mattingly shared a video with TMZ that allegedly shows Webber shouting at her and demanding she leave his property. She also made allegations of abuse and claimed she was not surprised by the murder charge against him.According to the sheriff's office in Charles county, Maryland, Webber was driving three passengers in his car on the night of March 22 when he began arguing with his front-seat passenger, Wells, and shot him twice in the head. Webber allegedly asked his other passengers to help him remove Wells's body from the car, but they refused and fled the vehicle.Police later found Wells's body in a local yard and tracked Webber down about 150 miles away in Virginia, where he had allegedly sought treatment at a hospital for an unspecified medical issue. Webber faces charges of murder, assault, and use of a firearm in the commission of a felony.Despite his disabilities, Webber became a budding wrestler and football player, then became a champion in the sport of cornhole, recording numerous tournament wins in the American Cornhole League (ACL). His former doubles partner, Mike Hoffman, expressed shock and sadness at Webber's arrest, saying 'If the allegations are true, he's made some terrible decisions'.

The BBC has been plunged into a new crisis after sacking Radio 2 presenter Scott Mills over allegations about his personal conduct. Mills, who hosted Britain’s most popular radio breakfast show, was blindsided by the decision to take him off the air last Tuesday.The corporation has opted to terminate his contract after claims made against him. According to a report in the Mirror, the allegations relate to a 'historic relationship' more than 10 years ago.This dismissal is the latest crisis to hit the BBC over the alleged behaviour of one of its leading figures. The broadcaster has repeatedly said it is trying to create a culture where no one is unaccountable, after allegations against prominent presenters such as Huw Edwards and Tim Westwood.The departure took place in Tim Davie’s last week as the BBC’s director general. He announced his resignation at the end of last year after he was worn down by a series of crises including over the conduct of some BBC presenters.The BBC said: “While we do not comment on matters relating to individuals, we can confirm Scott Mills is no longer contracted and has left the BBC.”Replacing Mills is now likely to become one of the first big personnel decisions for Matt Brittin, the former Google executive chosen to replace Davie as director general.Mills, 53, took over the Radio 2 breakfast show from Zoe Ball in January 2025. Under his stewardship, the show’s audience increased to 6.5 million listeners, making it the UK’s most popular breakfast show.

The UK government is considering plans to provide financial support to households hardest hit by the looming energy crisis, with a focus on targeting those who need it most. Energy bills are forecast to hit nearly £2,000 a year from July, prompting concerns about the impact on low-income households.Under one plan, extra cash could be injected into the crisis and resilience fund (CRF), a £1bn a year council-run scheme in England that provides preventative support to communities and assists people facing financial crises. The fund could be topped up to help cushion households identified by councils as facing particular hardship from higher energy bills.Chancellor Rachel Reeves has ruled out universal support and is under pressure from financial markets to limit the extent of the support to keep within budget spending limits. However, she has emphasized the need for targeted support, saying: "The progressive, universal approach that we are taking is the right one … £150 off everyone’s energy bills, but then targeted support for those who need it most."The government is also exploring other options, including expanding support to households that have high bills but do not currently qualify for benefits. This could involve allowing councils to dispense funds to households in need.Rising energy costs have been driven by the conflict in the Middle East, with Brent crude oil prices surging to over $116 a barrel. The global oil benchmark is on course for a record monthly rise of nearly 60%, exceeding gains made during the 1990 Gulf war.The UK's interest rate on 10-year debt has also hit its highest level since the 2008 financial crisis, just over 5%, although rates eased to 4.95% by Monday. Government borrowing costs around the world have climbed since the US and Israel attacked Iran, as financial markets calculate that governments will be urged to borrow more heavily to cope with the war's aftershocks.