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Wrexham AFC, the football club co-owned by Hollywood stars Ryan Reynolds and Rob Mac, has been awarded a £3.8m government grant without a contract or a completed state aid assessment in place. This has raised questions over whether the award was lawful.The club has received a total of £18m in taxpayer-funded grants to help redevelop its stadium, the Racecourse Ground. This is significantly more than any other club in the UK.Responses to freedom of information requests suggest that Wrexham county borough council awarded the money before completing the usual steps. Alexander Rose, a partner specialising in subsidy control at law firm Ward Hadaway, stated that the lack of a final state aid assessment at the time the grant was awarded would have left it vulnerable to legal challenge by a rival.However, there is little prospect of Wrexham AFC being forced to repay the cash, as the one-month window for challenges to be filed has since closed. The leader of Wrexham council, Mark Pritchard, said: “All due diligence and checks were in place ahead of the transfer of any funding and we refute any accusations to the contrary.”Reynolds and Mac took over the club in 2021, bringing with them a wave of sponsorship and global interest via their Disney TV series Welcome to Wrexham. The club has been able to far outspend their lower-league rivals, transforming the club’s fortunes.Wrexham, which was granted city status in 2022, awarded the £18m to the star-studded club as part of its “Wrexham Gateway” urban improvement scheme. Most of the money went towards developing the stadium, despite the club having deep-pocketed owners.The first £3.8m tranche of cash was awarded on 8 February 2022, less than a year after Reynolds and Mac’s takeover. Another £14m was awarded in September 2025.Public authorities that give out grants are required by law to judge if they comply with the principles of subsidy control, to ensure taxpayer money is not misspent. However, in response to a freedom of information request, Wrexham council said it only had “draft assessments” in place before the money was awarded.The council said the final assessment it provided was submitted nearly five months later, on 6 July 2022. In response to questions, the council shared a draft assessment it said dated from 7 September 2021.Rose said: “At the time the £3.8m grant was awarded there was a duty to carry out a principles assessment. Evidence that this assessment wasn’t finalised when the grant was given would certainly have helped a challenger, for example a rival football club.”“Subsidy control rules exist to ensure there’s a level playing field in which businesses can compete,” he added. “That includes in professional football. They’re also an important protection for the taxpayer, preventing wasteful and unnecessary subsidies from being awarded.”Recipients of large grants almost always sign contracts to ensure taxpayer money is spent as promised. Yet the council said the grant was authorised by its executive board and “provided in advance of the finalisation of the grant funding agreement”.The council said the grant funding agreement – apparently covering the whole £18m – was only created in July 2023.The contract was then completed on 17 September 2025, when the £14m tranche was awarded.The two-year delay between the creation of the contract and its signing also offered another potential benefit to Wrexham council: new subsidy control laws that came into force days earlier in August raised the threshold for mandatory scrutiny of the grant by the Competition and Markets Authority.Delaying the subsidy meant the award to Wrexham AFC was not subject to this scrutiny.While it was tapping taxpayer money, the club was also able to raise huge amounts from private backers. In the year to June 2025 it raised £36m through share issues. Three months after the second grant, Reynolds and Mac announced the sale of a stake in the club to Apollo, one of the world’s largest private equity firms.Bloomberg reported that Wrexham was valued as high as £350m. The club then raised another £47.8m in January, according to corporate filings.In the year before it received the £14m grant, Wrexham was able to repay loans worth £10.6m to Ryan Reynolds’s company, according to accounts published last month. It also lost £3.8m from the collapse of Argentex, a currency brokerage that entered special administration in July 2025 because of failed foreign exchange trades.Pritchard, the council leader, said: “The grant represents a small investment compared to what the club will be investing at the Racecourse … In fact, as the club has grown in both stature, ambition and from external investment, the percentage of public investment compared to that of the club has shrunk from roughly 68% of the project costs to around 25% currently.“This demonstrates further value for money in regard to the initial investment from the public purse.”Wrexham AFC said the club is itself making a “significant financial investment with the support of our ownership group and investors”. Accounts published last month show the club has signed a £69.2m contract to build a new stand.The spokesperson said the “funding ensures the facility can be brought up to the required standard to host international sporting events, including international football and rugby matches (as opposed to just meeting domestic football criteria)”

The recent ceasefire agreement between Israel and Hezbollah in Lebanon has brought a temporary halt to the fighting, but the situation on the ground remains volatile. Despite US President Donald Trump's claim that it is the 10th war he has ended, the stability of the region is far from assured.Israeli troops have remained in their positions deep in Lebanon, and Hezbollah fighters have stated that their fingers 'remained on the triggers,' indicating a readiness to resume hostilities if necessary. The ceasefire was imposed from above, with each side firing off as many bombs, drones, and rockets as they could before it came into effect.The agreement aims to facilitate direct negotiations between the Lebanese and Israeli governments, a significant achievement in itself as they have not spoken directly in decades. However, the path to a lasting peace is fraught with challenges, including the status of Hezbollah's arms and Israel's continued occupation of southern Lebanon.The negotiators face a daunting task in achieving 'lasting peace' between the two countries, with the goal of ensuring the Lebanese government has the exclusive monopoly of force in its territory and a formal demarcation of a contested border. Sustained international focus will be crucial in maintaining the peace talks, or else the war could easily resume.In Israel, there is pressure to continue the war in Lebanon, with many residents of northern Israel wanting the conflict to finally end the threat from Hezbollah. Israeli officials have boasted of military victory over Hezbollah but have also implied that the war could resume if their demands are not met by Lebanon.

Oil and gas prices experienced a significant decline of almost 10% on Friday following Iran's announcement that the Strait of Hormuz is open to commercial shipping. This development could pave the way for tankers carrying millions of barrels of oil and gas to access the global market.Iran's foreign minister stated that vessels are free to transit the Strait of Hormuz during the 10-day ceasefire between Israel and Lebanon. Brent crude, the international benchmark, fell by 9% to $90 a barrel, while the benchmark European gas contract dropped by about 8.5% to €38.80 (£33.80) per megawatt hour.The US naval blockade on Iran's use of the strait remains in full force, according to Donald Trump, until a deal is reached with Tehran. Trump expressed optimism that the process will move quickly, as most points have already been negotiated.The crisis in the Strait of Hormuz has disrupted supplies of Middle Eastern crude and gas, as well as refined fuels from Gulf refineries, in what the International Energy Agency has described as the biggest energy supply crisis in history. Before the crisis, over 130 ships a day travelled through the strait, but this has reduced to a trickle under threats from Iran's Revolutionary Guards.There are currently around 800 tankers stuck in the Gulf, with about 300 being oil and gas tankers. It remains uncertain whether tankers will be required to pay a fee of about $2m (£1.5m) for safe passage through the strait.Analysts, such as Giovanni Staunovo from UBS, view Iran's comments as a sign of de-escalation, but emphasize the need to see a substantial increase in the number of tankers crossing the strait.

Negotiations are intensifying between the Australian National Rugby League (NRL) and the UK’s Super League over a prospective takeover that could reshape the sport’s calendar and governance. The NRL’s chief executive, Andrew Abdo, told The Guardian that any acquisition would hinge on a major investment package and a decisive move to re‑introduce a winter competition, the first such change since 1996.Abdo travelled to England this week to discuss the feasibility of the deal, emphasizing that the London Broncos would be pivotal to the NRL’s vision. He warned that British clubs would need to surrender the extensive control they currently wield if they hope to benefit from the financial backing the NRL could provide.The proposed shift to a winter schedule is driven by the prospect of a global broadcast arrangement that would allow the NRL to sell television rights throughout the year. While a summer season avoids clashing with the Premier League, Abdo argued that a unified calendar could attract new fans and sponsors on an international scale.Super League clubs are reportedly losing close to £20 million annually. An infusion of NRL capital could not only cover the salary‑cap obligations for every club but also free up resources for further investment in facilities, talent development and marketing.Governance would also undergo a overhaul. The NRL operates under an independent commission, whereas Super League’s club owners currently dominate decision‑making. Abdo stressed the need for an independent governing body to make “tough calls” and separate day‑to‑day club interests from the sport’s strategic direction.London’s role is another cornerstone of the plan. Abdo highlighted the city’s diverse population and commercial potential, suggesting that a strong London franchise could boost fan acquisition, sponsorship deals, and overall league visibility.With the existing Sky Sports broadcast contract set to expire at the end of the season, timing is critical. The NRL aims to align its own TV‑rights expansion with a possible partnership, viewing broadcasting as the key lever for global growth.While no formal offer has been lodged, Abdo indicated that the NRL will present its findings to its board and Australian clubs before any official proposal is made. The next few weeks will be decisive for both leagues as they weigh the benefits of a combined, year‑round rugby league ecosystem.

From my home in Hawai‘i, the reef is more than a backdrop—it feeds families, shields shorelines, and anchors our culture. Today that vital connection is under unprecedented threat. Scientists report the most extensive coral‑bleaching episode ever recorded, persisting for 33 months into 2025. At a projected 1.5 °C rise in global temperatures, the IPCC warns that up to 90% of the world’s coral reefs could disappear. That temperature threshold is not a distant projection; it is looming now. Even if climate targets are eventually met, reefs continue to be battered by plastic waste, coastal development, agricultural runoff, and overfishing. Their degradation weakens natural storm barriers, leaving coastal communities more vulnerable to floods and erosion, jeopardising homes, jobs, and cultural heritage. In Hawai‘i we speak of kuleana—a generational duty to protect what sustains us. That principle must expand to every person on the planet: caring for reefs is caring for ourselves. On the ground, communities in French Polynesia have shown that, when equipped with the right tools, they can actively restore damaged reefs. Likewise, my collaboration with the Global Fund for Coral Reefs and the UN Environment Programme demonstrates how targeted financing can create sustainable livelihoods, boost marine conservation, and help coastal societies rebound after extreme weather. Time, however, is not on our side. The next twelve months could become a defining turning point for coral ecosystems. New scientific findings and a series of high‑profile gatherings—including the Kenya Ocean Conference, the International Coral Reef Symposium in New Zealand, and the upcoming Global Coral Reef Summit—will focus world attention on reef survival. The responsibility now lies with governments, businesses, and individuals alike. Proven actions include: cutting carbon footprints, eliminating plastic leakage, protecting keystone species, supporting reef‑positive enterprises, investing in resilient coastal economies, enacting protective legislation, and amplifying public advocacy. Moments like 2026 are not just about pledges; they are about swift, measurable change. Coral reefs cannot wait for perfect plans—they need us to act now, embodying the spirit of kuleana for the sake of our children and the ocean that sustains us. Jason Momoa is an actor, filmmaker, and UNEP Advocate for Life Below Water, dedicated to protecting oceans and raising global awareness of coral‑reef conservation.

Pakistan's Field Marshal Asim Munir has taken on an unexpected role as a peacemaker in the conflict between the US and Iran. His efforts have been widely praised, with US President Donald Trump describing them as 'fantastic'. Munir's involvement in the peace talks began after the US vice-president, JD Vance, left Islamabad following failed negotiations between the US and Iran. Despite this, Munir continued to engage with both sides, using his influence to push for a deal. Munir's phone calls played a crucial role in the frantic international efforts last week, resulting in a last-minute ceasefire agreement after Trump's threat that Iran's civilisation would 'die' if they did not agree to a deal. Trump is said to have directly leaned on Munir to use his influence and knowledge of the Iranians to help reach the off-ramp. Munir's ability to communicate with both the US and Iran has been key to his success. He has built strong relationships with leaders in Washington, Riyadh, and Tehran, and has been able to facilitate talks between the two nations. Munir's efforts have not only helped to reduce tensions between the US and Iran but have also elevated Pakistan's position as a credible diplomatic interlocutor. His role in the peace talks has been seen as a significant achievement for Pakistan, which has long sought to play a more prominent role in regional diplomacy. Analysts have noted that Munir's success is not solely due to his individual efforts, but also the result of a collective effort by the Pakistani government and military. However, his role in the peace talks has been widely acknowledged, and he is seen as a key player in maintaining peace in the Gulf and the Middle East. Munir's diplomatic activism has been driven by his strong relationships with leaders and countries, as well as his understanding of the importance of personality-driven diplomacy. His efforts have helped to build a global story for Pakistan, and have cemented his position as a major player in regional diplomacy.

The UK government has taken a significant step in boosting its tech sector by announcing its first investment in a £500m sovereign AI fund. Technology Secretary Liz Kendall has urged the public to 'make AI work for Britain', despite concerns about job disruption and cybersecurity risks.Kendall acknowledged that 'people are worried about the risks and what it means for their jobs', but emphasized that AI entrepreneurs believe they can create new employment opportunities. The government has taken an undisclosed shareholding in London-based Callosum, a company that helps different types of computer chips work together efficiently to train and operate AI models.The investment is part of a broader effort to support national AI champions and ensure that internationally competitive companies can start, scale, and stay in Britain. The sovereign AI unit, designed to act like a venture capital fund, has also provided access to a network of government-funded supercomputers to help six UK companies develop AI models.These companies include Prima Mente, which is building 'biological foundation models' to tackle diseases like Alzheimer's; Cursive, a company developing autonomous AI agents founded by Google DeepMind alumni; and Odyssey, which develops 'world models', an approach to AI where systems interact with a convincing simulation of the real world.Rachel Reeves, the chancellor, said that by supporting national AI champions, the UK could ensure that internationally competitive companies can 'start, scale and stay here in Britain'. The investment is seen as a key step in establishing the UK as a leader in the AI sector.

David Miliband, former British foreign secretary and head of the International Rescue Committee (IRC), has warned that cuts to overseas aid by countries such as the US and UK will worsen global economic instability and humanitarian crises. Speaking at the International Monetary Fund and World Bank meetings in Washington, Miliband emphasized that the current global landscape is more interconnected than ever, and untended humanitarian crises can incubate political instability.Miliband expressed regret over the UK's decision to slash its aid budget under Keir Starmer's government, citing that supporting the world's poorest is morally justifiable and a 'good investment for Britain'. He also criticized the US under Donald Trump for 'abandoning' its aid program, which he believes will have far-reaching consequences for global stability.The Middle East conflict, particularly the Iran war, is expected to increase global poverty and displace millions of people. Miliband highlighted that 32.5 million people globally could be plunged into poverty due to the economic fallout from the conflict, with developing countries being hit the hardest. The closure of the Strait of Hormuz has led to soaring global energy and fertilizer prices, posing a 'food security timebomb' that could cause widespread hunger.Western governments, including the US, Germany, France, and the UK, are cutting their aid spending amid elevated borrowing and debt levels. According to the Organisation for Economic Co-operation and Development, rich countries cut aid spending by $174.3 billion in 2025, a decline of almost a quarter from 2024. Miliband argued that now is a critical time for international support, as the evidence shows that aid has a positive impact on reducing poverty.

Two members of the Iranian women's football team, Fatemeh Pasandideh and Atefeh Ramezanisadeh, who remained in Australia after the Women's Asian Cup, have begun rebuilding their lives while holding onto their dream of returning to elite football. In a recent statement, they requested "privacy and space" as they focus on their safety, health, and the process of rebuilding their lives in Australia. The duo expressed their gratitude to the Australian government for granting them humanitarian protection and a safe haven.The players, who are elite athletes, hope to continue their sporting careers in Australia. They have been supported by the Iranian diaspora community and have trained with the Brisbane Roar A-Leagues club. The club has offered them a supportive environment while they navigate their next steps.The situation for the Iranian women's football team gained international attention when they refused to sing the national anthem before their first match at the Asian Cup, sparking fears for their safety upon returning to Iran. This led to an outpouring of support, particularly from the Iranian community in Australia.Pasandideh and Ramezanisadeh acknowledged the help they've received, saying they are "overwhelmed by the warmth and generosity of the Iranian diaspora community in Australia." Their former teammate and captain, Zahra Ghanbari, recently had her assets frozen by Iranian officials but they were later released.