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World Economy Apr 16, 2026

UK’s £600 million Bics plan deemed insufficient to revive industrial competitiveness

The British industrial competitiveness scheme (Bics) promises up to a 25% electricity‑bill cut for …
The government touts the British industrial competitiveness scheme (Bics) as "bold action" to sharpen the United Kingdom’s industrial edge, offering up to a 25% reduction in electricity bills for firms operating in eight "modern" sectors of its industrial strategy. Union leader Gary Smith of the GMB immediately challenged the claim, warning that gas‑intensive industries such as ceramics and brickmaking have been "shamefully ignored" and left out of the support package. At a cost of roughly £600 million a year for 10,000 companies, the scheme is widely viewed as a modest drop in the ocean. While the rollout has been broadened from the originally announced 7,000 firms and now includes a back‑dated claim period starting in April 2025, the financial scale remains limited. Eligibility is deliberately intricate: firms must belong to a "frontier" or "foundational" industry and meet strict electrical‑intensity thresholds for specific product lines. Those that qualify receive relief from three policy charges on their electricity bills, including two green levies, amounting to up to £40 per megawatt‑hour. Two broader observations emerge. First, the programme marks the clearest governmental admission to date that the UK’s business energy costs – the highest among developed economies – are eroding competitiveness. The stated ambition is to bring electricity prices for the targeted sectors in line with European averages. Second, policymakers are beginning to untangle the web of levies that inflate bills. The carbon price support mechanism, a charge on generators passed through to consumers, is slated for abolition by April 2028, after it helped phase coal out of the grid. Nevertheless, the £600 million figure underscores a deeper debate about how to fund the energy transition and new grid infrastructure. Countries such as Germany absorb a larger share of policy costs through general taxation to keep industry competitive, whereas the UK has traditionally shifted those costs onto electricity bills. The Bics announcement signals a tentative shift toward rebalancing, but the scale remains modest. In an ideal, fiscally unconstrained scenario, a broader scheme could run into the billions and target a wider swath of industry. Treasury officials, however, remain skeptical that a larger outlay would generate sufficient long‑term growth and tax revenue to justify the expense, a view reportedly shared by Chancellor Rachel Reeves. Ultimately, Bics can be seen as an unsatisfactory stopgap. It acknowledges that soaring electricity prices are a structural problem but confines the remedy to a narrow slice of the economy, leaving the broader competitiveness challenge largely unaddressed.
#government #scheme #industrial
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Tv And Radio Apr 16, 2026

Big Mood Season Two Review: Ambitious Bipolar Narrative Deteriorates into Farcical Friendship Drama

The second series of Channel 4’s “Big Mood” shifts from a nuanced portrayal of bipolar disorder to …
Big Mood returns for a second season on Channel 4, aiming to blend a serious look at bipolar disorder with broad‑scale comedy. Lead actress Nicola Coughlan reprises Maggie, now emerging from a harrowing episode of lithium poisoning that left her hallucinating and confused. The debut series introduced Maggie in the throes of a manic episode, followed by a depressive crash after she stopped her medication to protect her creative output. While the first season earned praise for its insightful depiction of mental illness, the new installment quickly pivots toward slapstick scenarios – from a militant maid of honour to a secret‑husband extortion plot – that dilute the original emotional weight. Central to the drama is Maggie’s strained bond with best friend Eddie, played by Lydia West. Their friendship, already intense in season one, becomes increasingly implausible as Eddie abandons London for California without explanation. In season two, Eddie resurfaces under the control of a dubious wellness guru named Whitney, who has siphoned her finances and seeks to erase any lingering connection with Maggie. Rather than deepening the exploration of mental health, the series now focuses on a far‑cical showdown between the two women. Maggie, now in a “stable girl” routine of retinol and Hello Fresh meals, obsessively attempts to expose Whitney as a fraud, enlisting Eddie’s friend Will – a character described as “incorrigibly nice” yet treated with contempt by both protagonists. The tonal shift raises questions about the show’s core ambition. While Coughlan delivers an empathetic performance that captures Maggie’s inner turmoil, the surrounding plotlines feel disjointed and at times toxic, especially in the portrayal of the once‑intoxicating platonic romance that now appears more destructive than supportive. Humor, inherently subjective, may still resonate with viewers who appreciate the series’ millennial‑centric chaos. However, the blend of “knockabout farce” with moments of genuine drama feels uneven, suggesting that the show’s initial promise of a heartfelt, realistic bipolar narrative has been eclipsed by over‑reaching comedic contrivances. In conclusion, Big Mood season two struggles to reconcile its dual aims. The ambitious premise that once offered a nuanced look at mental illness now feels buried beneath a barrage of gimmicks, leaving audiences to wonder whether it’s time for the characters – and perhaps the series itself – to move on.
#her #maggie #big
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Entertainment Apr 16, 2026

Unseen Winnie-the-Pooh Sketches Revealed: E.H. Shepard's Original Pencil Drawings

Two previously unseen pencil sketches by E.H. Shepard for the original Winnie-the-Pooh book have be…
For the first time, two preliminary pencil sketches by E.H. Shepard for the beloved children's book Winnie-the-Pooh have been made public. These unseen drawings were created before the book's publication in 1926 and showcase Shepard's early thoughts on bringing A.A. Milne's iconic character to life.The sketches, shared by Shepard's family to mark the centenary of the book, provide insight into the artist's creative process. One drawing, captioned 'Climbing very cautiously up the stream,' depicts Pooh and his friends Christopher Robin, Piglet, and Owl. It was intended for Chapter VIII, where Christopher Robin leads an expedition to the North Pole.The sketch shows Pooh, Christopher Robin, Piglet, and Owl on an adventure. Photograph: Courtesy of Peter HarringtonThe other sketch is a delicate study for Chapter III, where Pooh and Piglet go hunting and nearly catch a Woozle. According to Philip W Errington, a senior specialist at Peter Harrington Rare Books, these drawings showcase Shepard's 'absolute, vibrant creativity' and exceptional skill in rendering movement.The drawings will be exhibited at Peter Harrington Rare Books in London as part of a special exhibition starting on April 17. Errington noted that it is 'extraordinarily rare to encounter preliminary drawings of Winnie-the-Pooh that capture what might be called the first moment of inspiration.'
#E.H. Shepard #A.A. Milne #Winnie-the-Pooh
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Sports Apr 16, 2026

The 2026 World Cup: A Tournament That Actively Dislikes Its Spectators

The 2026 World Cup has been criticized for its exorbitant ticket prices, with fans facing a £70 far…
The 2026 World Cup has come under fire for its exorbitant ticket prices and extortionate travel costs. A bus journey from south Boston to Foxborough, a distance of just half an hour, will cost fans £70. This is on top of the already high ticket prices, with a match between England and Croatia costing £516 and a ticket to the final costing as much as £8,333. The FIFA premium has been accused of being a mob-style shakedown, with the governing body taking a significant portion of revenue from ticket sales, broadcasting, merchandising, and concessions. Host cities are left to bear the costs of infrastructure, security, and other expenses. This has led to creative means of recouping costs, including high parking fees and expensive public transportation. The secondary resale market is also a concern, with tickets sold at face value being resold at a heavy markup, with FIFA taking a 15% cut. This has led to criticism that the tournament is actively hostile to its spectators, with travel bans imposed on some competing countries and an intentionally difficult entry process. The result is a World Cup that actively dislikes its spectators, with a goal of maximizing profit at the expense of the fan experience. The tournament's financial model has been accused of being exploitative and joyless, with fans being squeezed for every last penny they are able to pay.
#world #cup #you
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Sports Apr 16, 2026

Andoni Iraola propels Bournemouth into a lucrative, talent‑focused future beyond Howe’s era

Since taking over in 2023, Andoni Iraola has transformed Bournemouth from a post‑Howe side into a c…
After Bournemouth’s 2‑1 triumph over Arsenal at the Emirates on Saturday, manager Andoni Iraola celebrated with a broad smile, acknowledging the win as the third victory in four encounters with the league leaders and a clear sign that his project is gaining momentum. Having risen from administration to the Premier League under Eddie Howe, the Cherries have long been viewed through the lens of Howe’s legacy. Iconic moments such as the 2019 4‑0 demolition of Chelsea cemented that era. Following Howe’s 2020 relegation, a succession of domestic appointments – Jason Tindall, Jonathan Woodgate, Scott Parker and Gary O’Neil – produced mixed outcomes, with O’Neil’s dismissal after a respectable finish highlighting the club’s desire for a new direction under owner Bill Foley. Iraola arrived from Athletic Bilbao, where he amassed over 500 appearances, bringing a philosophy that blends Bilbao’s directness with a British‑style width. Early on, his tenure appeared rocky: the first nine league games yielded no wins and left Bournemouth in 19th place, punctuated by a heavy 6‑1 loss to Manchester City. Yet a narrow victory over Burnley sparked a turnaround, culminating in a seven‑match unbeaten run that added 19 crucial points. Statistically, the Cherries have become more than occasional spoilers. While they previously earned just 0.42 points per game against the traditional ‘big six’, under Iraola they have improved to 1.5 points per game in both the 2024‑25 season and the current campaign, recording nine wins and seven defeats against top opposition. Their current 11th‑place standing reflects a blend of competitive resilience and entertaining football built on athleticism, work rate and on‑ball daring. The club’s on‑field evolution has translated into a remarkable transfer market windfall. Key departures include Dominic Solanke to Tottenham for £55 million, Dean Huijsen to Real Madrid for £50 million, Illia Zabarnyi to Paris Saint‑Germain for £54.5 million, Milos Kerkez to Liverpool for £40 million, Dango Ouattara to Brentford for £42 million and Antoine Semenyo to Manchester City for £62.5 million. Collectively, these sales amount to a staggering £304 million, underscoring Bournemouth’s emergence as a premier talent factory alongside clubs like Brighton and Brentford. Looking ahead, Iraola is set to depart at the end of the season, with speculation linking him to high‑profile roles at Manchester United, his native Athletic Bilbao or other continental giants. Bournemouth’s board has already identified Marco Rose – renowned for his high‑intensity approach that benefitted Erling Haaland and Jude Bellingham – as a potential successor, signaling a commitment to maintain the club’s dynamic style. In the broader context, Bournemouth’s transformation illustrates how a mid‑table Premier League side can leverage strategic coaching, a clear playing identity and savvy player development to generate both on‑field success and substantial financial returns, effectively moving beyond the shadow of Eddie Howe.
#iraola #bournemouth #his
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World Economy Apr 16, 2026

Metro Bank CEO Dan Frumkin awarded record £2.6 million salary after 1,000‑job cut and £925 million rescue

Metro Bank’s chief executive Dan Frumkin received a historic £2.6 million pay package – more than d…
Metro Bank has approved a £2.6 million annual remuneration package for chief executive Dan Frumkin, the highest ever for the lender since its 2010 launch. The figure more than doubles the £1.2 million he earned in 2024. The pay rise comes on the heels of a dramatic restructuring that saw the bank cut over 1,000 jobs in spring 2024 and suspend Sunday trading, measures taken after a £925 million rescue led by Colombian billionaire Jaime Gilinski Bacal, who now owns 53% of the institution. Metro’s turnaround has delivered a record pre‑tax profit of £87 million for 2025, prompting the board to approve a complex bonus scheme. The package includes a £1.2 million annual bonus, a £470,000 deferred bonus from 2023, and a salary of £938,875, plus additional tax, life‑insurance and pension benefits. Under the scheme, Frumkin could earn up to £60 million over five years if Metro’s share price exceeds certain thresholds – it must stay above 120p in 2028 and could reach 437p, a level that would trigger the maximum payout. Metro’s shares currently trade around 141p. The bonus plan was endorsed by 88.6% of voting shareholders, despite objections from proxy advisers ISS and Glass Lewis. The bank did not disclose how many of those votes were cast by Gilinski’s holdings. Founded by US billionaire Vernon Hill, Metro Bank distinguished itself with dog‑friendly branches and seven‑day opening hours. However, a 2019 accounting error forced the resignation of its founder and top executives, and the bank struggled to satisfy regulators, leading to the 2023 capital infusion. In a statement, a Metro Bank spokesperson said the remuneration committee’s approach is “based on the delivery of long‑term growth generation and the continued turnaround of the bank,” emphasizing alignment with shareholder interests. Frumkin, who joined Metro in 2020 after senior roles at RBS and Northern Rock, now stands at the centre of a debate over executive pay in a sector still recovering from the 2007‑08 financial crisis.
#metro #bank #frumkin
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Sports Apr 16, 2026

Chelsea Secures Major Boost as Moisés Caicedo Agrees to Lucrative New Deal

Moisés Caicedo has verbally agreed to a new deal with Chelsea, extending his contract until 2033. T…
Chelsea FC has received a significant boost with the news that midfielder Moisés Caicedo has verbally agreed to a new deal with the club. The Ecuador international, who joined Chelsea from Brighton in 2023 for a British record fee of £115m, has extended his contract until 2033.This agreement follows Reece James, another key player for Chelsea, who extended his contract last month. The commitment from these top players is seen as a show of unity in the dressing room, especially crucial with a fan protest against the board scheduled before the upcoming match against Manchester United.Caicedo, who captained the side against Manchester City last weekend, is expected to receive a pay rise as part of his new agreement, reflecting his excellent performances. Chelsea's ownership, BlueCo, can point to these contract extensions as evidence of stability and commitment from their key players.The new deal comes at a critical time for Chelsea, who are under pressure following their exit from the Champions League and the recent controversy surrounding Enzo Fernández's desire to join Real Madrid. The club is set for another significant summer, with plans to strengthen their squad, particularly in key positions such as centre-back and central midfielder.
#Chelsea #Moisés Caicedo #Premier League
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Sports Apr 16, 2026

Arsenal's Declan Rice Urges Team to Elevate Performance for Premier League Title Showdown Against Manchester City

Arsenal midfielder Declan Rice emphasizes the need for improvement in their upcoming Premier League…
Arsenal's Premier League title hopes hang in the balance as they prepare to face Manchester City on Sunday. Midfielder Declan Rice has urged his team to elevate their performance, acknowledging that their recent form has been a concern.Rice, 27, highlighted the team's inconsistent style of play, which has drawn criticism from fans. Despite being six points clear of City at the top of the table, Rice emphasized that Arsenal must improve if they are to press their title claims.The midfielder reflected on a rollercoaster few weeks for Arsenal, including a Carabao Cup final defeat against City and a sobering home loss to Bournemouth in the league. However, they have also shown resilience, progressing to the Champions League semi-finals with a 0-0 draw against Sporting.Rice stressed the importance of performing better, particularly in terms of possession and confidence on the ball. He acknowledged that the team's recent errors have been costly, but they managed to rectify this against Sporting.“It's about doing the basics a little bit better, to a better level … just the five-, 10-yard passes that we're giving away a bit sloppily,” Rice said. “And just that confidence with the ball, just taking more touches, relaxing on the ball, not feeling under pressure.”Rice also expressed his desire for revenge against City, citing the pain of watching them lift the Carabao Cup trophy. He emphasized that the upcoming match is a significant test, but one that Arsenal is ready for.“To go there and win would be a massive statement,” Rice said. “And look, these boys are ready. We spoke as a group. We know what's required.”Arsenal have struggled to score in recent games, managing only three goals in their last five matches. Rice attributed this to the defensive strategies employed by opposing teams, particularly the low blocks they have faced.Despite these challenges, Rice remains committed to contributing to the team, having overcome illness to play against Sporting. He emphasized the importance of availability and depth, particularly with key players like Martin Ødegaard and Bukayo Saka sidelined through injury.
#rice #but #arsenal
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Technology Apr 16, 2026

AI‑Generated Val Kilmer Leads First Hollywood Film to Use Authorized Digital Twin

A trailer unveiled at CinemaCon reveals that the upcoming western *As Deep As the Grave* features t…
For the first time in Hollywood history, an authorized generative‑AI version of a major star headlines a feature film. The western As Deep As the Grave showcases a digitally recreated Val Kilmer, whose voice was synthesized by UK‑based firm Sonantic using archival recordings. The project, delayed by Kilmer’s death in April 2025, received full cooperation from his estate and his daughter Mercedes, who helped craft the visual deep‑fake of the actor. Mercedes Kilmer confirmed that her father embraced emerging technologies as a storytelling tool, a sentiment the filmmakers say they honored throughout production. At Wednesday’s CinemaCon trade show in Las Vegas, the trailer revealed that Kilmer’s character, Father Fintan—a Catholic priest and Native American spiritualist—appears for roughly one hour of screen time. The footage shows the priest at different ages, including a spectral elder who advises a child, “Don’t fear the dead and don’t fear me.” Writer‑director Coerte Voorhees explained that the narrative was built around Kilmer’s heritage and his love of the Southwest. He added that the production adhered to SAG‑AFTRA guidelines and that the estate was financially compensated for the use of archival material. The film also stars Tom Felton, Abigail Breslin and Abigail Lawrie. In a March interview with Variety, Voorhees noted that Kilmer’s family repeatedly emphasized the project’s importance to the late actor. The Kilmer case follows a growing trend of AI‑generated performances. In 2022, Bruce Willis consented to a digital twin after a dementia diagnosis, while actors such as Matthew McConaughey and Michael Caine have licensed their voices to AI firms for approved uses. Estates of legends like Laurence Olivier, Judy Garland and James Dean have similarly partnered with the marketplace ElevenLabs. Beyond film, celebrities are exploring AI for digital meet‑and‑greets; Paris Hilton and Kendall Jenner have reportedly signed deals with Meta for AI‑powered appearances on Instagram, and users can even query an AI version of Deepak Chopra for advice on a range of topics. Nevertheless, some stars remain cautious. Morgan Freeman, Tom Hanks and Scarlett Johansson have publicly expressed skepticism about deep‑fake replicas of their likenesses.
#sonantic #cinemacon #elevenlabs
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