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Economy Apr 07, 2026

UK pushes to auto‑release £1.5 bn in dormant child trust funds when holders turn 21

Around 758,000 young adults in Britain are missing out on unclaimed Child Trust Funds worth an esti…
When Elle Middlemas turned 18, she began wondering whether she owned a Child Trust Fund (CTF) – a government‑backed savings account created for children born between 1 September 2002 and 2 January 2011. Her search hit a dead end; she could not confirm if she was entitled to any money and an email to HMRC yielded no response.Middlemas, a Whitby college student, explained that the loss of her mother at age 11 left her with little guidance. “My sister is 21 and spent three years looking for a fund and found nothing, so we assumed we didn’t have one,” she said, expressing the frustration felt by many of her peers.She and her sister are part of an estimated 758,000 people aged 18‑23 who have unclaimed CTFs. Collectively, these dormant accounts hold roughly £1.5 bn, a substantial sum that disproportionately belongs to low‑income families who are often unaware of its existence.Advocates are now pressing the government to automatically release CTFs when holders reach 21 years of age. Experts estimate that such a policy could inject up to £286 m directly into the pockets of young people who need it most.Middlemas finally learned of her entitlement after a conversation with a friend’s parent six months after her birthday. She discovered the Share Foundation, a charity that helps reconnect youths with their funds, and located a NatWest account bearing her name.“I had £700 sitting in my bank and thought, ‘What is going on?’ My sister also had one but never knew how to access it,” she recalled. The sisters plan to use the money to support university expenses and repay debts, underscoring the tangible impact of the scheme.The CTF programme was launched by the Labour government in 2005 to encourage parental savings. Every child received a £250 government contribution, with an additional £250 for those from low‑income families or in local authority care. Parents could add up to £9,000 per year, and any investment gains accrued until the child turned 18.If a parent failed to open an account within 12 months of birth, HMRC would create one on the child’s behalf. Today, the average value of a CTF stands at about £2,200.More than two‑thirds of the six million original recipients are now over 18 and eligible to claim their funds, with HMRC‑allocated accounts representing 28 % of all CTFs.Geographically, the North‑East of England has the highest concentration of HMRC‑allocated accounts, totalling £48 m. Across the UK, youths from the most disadvantaged 15 % of families hold accounts averaging £2,900 in value.Gavin Oldham, chief executive of the Share Foundation, warned that the scheme is hampered by poor communication, limited financial education, and “policy neglect”. He indicated the charity is considering a judicial review to compel the government to release the unclaimed assets.Oldham noted that the charity has already linked “well over 100,000 accounts to young adults”, yet the “sheer quantum of these unclaimed accounts remains a major problem”.“It is strange to find a government which expresses concern over youth poverty while doing so little to deliver on a groundbreaking scheme,” Oldham added.The charity’s proposal to release HMRC‑allocated funds automatically at 21 would free roughly £500 m, including £350 mOldham cautioned that a legal challenge, while potentially successful, could delay payouts for years, leaving vulnerable youths “denied their birthright for far too long”.Beyond immediate release, the Share Foundation is urging the creation of a new, targeted scheme for low‑income youths that embeds a financial‑awareness component, allowing participants to top up their funds through education‑linked incentives.Labour MP Laura Kyrke‑Smith echoed these concerns, describing the CTF system as “confusing and opaque” and calling for proactive tracing of account holders and clearer public information.HMRC responded that it is “directly sending every eligible young person information to help them find their child trust fund”, while also raising awareness via social media, broadcast interviews, and an online tracing tool. The agency added that banks, building societies, and investment firms managing the funds share responsibility for communicating with account holders.
#Child Trust Fund #UK Government #Department for Work and Pensions
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Sports Apr 07, 2026

Czech women's football coach receives suspended sentence, exposing a broader sexual abuse crisis in the sport

A former Czech women’s football coach was sentenced for secretly filming players and possessing chi…
When Kristyna Janku answered a police call, she could not have imagined the revelations that would follow. The defender learned that her former coach, Petr Vlachovsky—once celebrated as the Czech Republic’s top women’s football coach—had been secretly recording Slovacko players in the changing room for four years and was in possession of child‑sexual‑abuse content. Vlachovsky’s arrest in 2023 led to a court ruling last May that handed him a one‑year suspended sentence, a fine and a five‑year ban from all football‑related activity in the Czech Republic. However, the Czech FA has yet to lodge a complaint with FIFA’s ethics committee, leaving the door open for him to coach abroad, a prospect that unsettles Janku, now playing in Poland. According to Alex Phillips, secretary‑general of FIFPRO, this scandal is merely "the tip of the iceberg," noting that many victims remain silent because they lack trusted reporting channels. He stresses the need for an independent, funded international body to investigate and sanction abuse, rather than relying on national federations that often view the issue as low priority. The Czech case mirrors a recent incident in Austria, where a man received a seven‑month suspended prison term and a €1,200 fine for covertly filming the Altach women’s team, also paying €625 compensation to each victim. Both cases underscore a pattern of inadequate safeguarding across European women’s football. For Janku, the trauma extends beyond the courtroom. She describes a lasting hyper‑vigilance in dressing rooms and public spaces, and acknowledges that while she has declined therapy offered by the Czech players’ union, the psychological scars remain. FIFPRO’s women’s football director Alex Culvin warns that the lack of decisive action fuels a culture where abuse is minimized, citing parallels with the Me Too movement and high‑profile scandals such as the Luis Rubiales incident in Spain. Victims of Vlachovsky’s misconduct report a range of consequences—from nausea and the need to change clubs to long‑term body dysmorphia—highlighting how non‑contact sexual abuse can devastate athletes whose bodies are their livelihood. While the Czech federation is reportedly revising its safeguarding policies, critics argue that without a global enforcement mechanism, perpetrators like Vlachovsky can continue coaching elsewhere, perpetuating risk for future generations of female footballers.
#Czech Football Association #UEFA #FIFA
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Economy Apr 07, 2026

Global Economies Exposed: How the Iran War Reveals Dependence on Fossil Fuels

The ongoing Iran war has highlighted the world's continued dependence on fossil fuels, with oil pri…
The Iran war has laid bare the world's reliance on fossil fuels, with oil prices reaching $110 a barrel and potentially rising to $150. This has significant implications for global food security, with food prices expected to leap further due to a fertiliser supply crunch.The UN climate chief, Simon Stiell, noted that fossil fuel dependency is 'ripping away national security and sovereignty and replacing it with subservience and rising costs.' The world's top emitters are divided into two camps: those pursuing a low-carbon future and those determined to exploit their fossil fuel reserves.China, the world's biggest emitter, is leading the charge for an electrified future, with renewables growing at record levels and clean energy driving a third of its GDP growth. India has also set ambitious targets, aiming to generate 60% of its electricity from low-carbon sources by 2035.In contrast, countries like the US, Russia, and Saudi Arabia are benefiting from high fossil fuel prices, with the US oil and gas sector set for a $60bn windfall. The US under Trump stands out as a paradox, with emissions falling until last year but now facing a potential rollback of climate protections.The war in Iran has also highlighted the need for a global transition to clean energy. As John Kerry noted, 'The future is being able to harness the power of electrons and send them where we need them, and use them where and when we need them.' Reducing methane emissions could cut temperatures by 0.3C by the 2040s, and a mandatory methane agreement may be necessary to avoid the worst impacts of climate change.
#Iran #OPEC #Saudi Arabia
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Sports Apr 07, 2026

Manchester City Captain Bernardo Silva to Depart at Season's End

Manchester City captain Bernardo Silva will leave the club at the end of the season, assistant mana…
Manchester City's long-serving captain, Bernardo Silva, will be departing the Premier League club at the end of the current season. This confirmation comes from assistant manager Pep Lijnders, following City's convincing 4-0 FA Cup quarterfinal victory over Liverpool on Sunday. Lijnders reflected on Silva's impending exit, stating, 'Every good story comes to an end.' He expressed his hope that Silva will enjoy his final months with the club and receive a fitting farewell, highlighting that he 'deserves all that attention.' The 31-year-old Portuguese midfielder, who has been an integral part of Manchester City since joining from AS Monaco in 2017 for approximately $57.35 million, will be leaving as a free agent upon the expiration of his contract. During his nine-year tenure at the Etihad Stadium, Silva has secured six Premier League titles and the Champions League, making 450 appearances for the club. Silva's versatility, exceptional technique, and relentless work ethic have made him a cornerstone of City's success under Pep Guardiola, who has previously described him as 'irreplaceable.' Manchester City are still in contention for a domestic treble, currently trailing Premier League leaders Arsenal by nine points, although they do have a game in hand and eight matches remaining to bridge the deficit. Silva's departure follows in the footsteps of another high-profile exit, as Liverpool's Mohamed Salah also announced his departure at the end of the season, marking a significant change for top Premier League clubs.
#league #cup #club
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World Economy Apr 07, 2026

Iran Threatens Closure of Bab al-Mandeb Shipping Route, Risking Global Trade Disruption

A top Iranian adviser has threatened to shut the Bab al-Mandeb shipping route, a crucial waterway f…
Iran has issued a threat to close the Bab al-Mandeb shipping route, a vital waterway connecting the Red Sea to the Gulf of Aden, in response to escalating tensions with the US. Ali Akbar Velayati, a top adviser to Supreme Leader Mojtaba Khamenei, warned that Iranian allies could shut the route, similar to Iran's effective closure of the Strait of Hormuz.The Bab al-Mandeb is a crucial passage for global oil trade, with 4.1 billion barrels of crude oil and refined petroleum products passing through it in 2024, accounting for 5% of the global total. A closure of both the Bab al-Mandeb and the Strait of Hormuz would block 25% of the world's oil and gas supply.The strait is effectively controlled by the Iran-backed Houthis, who have already demonstrated their ability to disrupt shipping in the region. During Israel's conflict in Gaza, the Houthis blocked the Bab al-Mandeb for ships associated with Israel or the US.A closure of the Bab al-Mandeb would have significant implications for global trade, particularly for Saudi Arabia's oil exports to Asia and global container shipping from China, India, and other Asian countries to Europe. It could also exacerbate the ongoing global energy supply crisis.Experts warn that a blockade of the Bab al-Mandeb would create a 'nightmare scenario,' disrupting trade toward Europe and potentially leading to a broader conflict in the region.
#bab #al-mandeb #strait
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News Apr 07, 2026

Former Kursk Governor Sentenced to 14 Years for Corruption That Weakened Border Defences During Ukraine’s 2024 Incursion

A Russian court sentenced ex‑governor Alexei Smirnov to 14 years in a penal colony for taking bribe…
A Russian court on Monday handed former Kursk governor Alexei Smirnov a 14‑year prison term in a penal colony after finding him guilty of corruption that left the region’s border defenses vulnerable during Ukraine’s August 2024 offensive. According to the verdict, the 52‑year‑old official accepted bribes from construction firms tasked with building anti‑tank barriers. Investigations revealed that the barriers were erected with substandard materials incapable of stopping Ukrainian armored units, directly contributing to the rapid advance of an estimated 11,000 Ukrainian soldiers into Kursk. The court also imposed a fine of 400 million roubles (≈ $4.9 million), confiscated more than 20 million roubles (≈ $220,000) from Smirnov’s assets, and barred him from any employment for ten years. Smirnov, who had been appointed governor in May 2024 and resigned in December of the same year, pleaded guilty and was subsequently detained. He claimed that his predecessor, Roman Starovoit, encouraged the practice of accepting kickbacks. Starovoit, later appointed transport minister, was dismissed by President Vladimir Putin in July 2025 and died under circumstances ruled as suicide. The incursion marked the first time in decades that foreign troops entered Russian soil, forcing an estimated 78,000 Russian soldiers to engage the Ukrainian force and exposing systemic weaknesses in Russia’s border security. The Kremlin responded with a sweeping crackdown on regional and military officials deemed responsible for the failure. Russian forces eventually expelled the Ukrainian units from Kursk in April 2025, reportedly with assistance from several thousand North Korean troops. The episode remains a diplomatic embarrassment for President Putin, highlighting the strategic and political fallout of corruption within Russia’s regional administrations.
#russia #kursk #ukraine
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Environment Apr 06, 2026

Congo Conservationist Fights to Protect Gorillas and Communities

Dominique Bikaba, founder of Strong Roots Congo, works to reconcile conservation with community rig…
Deep in the Democratic Republic of Congo (DRC), a tireless conservationist is working to safeguard the future of the critically endangered Grauer's gorilla. Dominique Bikaba, founder and executive director of Strong Roots Congo, has dedicated his life to protecting these majestic creatures and their habitats.Bikaba's journey into conservation began in 1992, driven by a desire to mediate tensions between park authorities and displaced communities. His work is deeply personal, rooted in his own experiences growing up near Kahuzi-Biega national park, where his family was displaced in the 1970s. The park, a sanctuary for Grauer's gorillas, elephants, and a rich array of wildlife, is a landscape of immense biological wealth and political fragility.The Grauer's gorilla, the largest subspecies of primates, can weigh up to 250kg (39st). However, their numbers have drastically declined due to conflict, slash-and-burn agriculture, and hunting for bush meat. Before the conflicts, there were approximately 17,000 Grauer's gorillas; by 2016, that number had dwindled to around 3,800.Bikaba's organization, Strong Roots Congo, aims to create a biodiversity corridor linking Kahuzi-Biega national park with Itombwe nature reserve. This ambitious project seeks to secure 1m hectares of land for wildlife and Indigenous communities, formalizing customary land rights and promoting coexistence. So far, Strong Roots has helped establish 23 community forests, covering about 600,000 hectares.Bikaba emphasizes the importance of community-led conservation. "What we are doing is putting communities back together, so they can thrive together as they have done for centuries," he says. His approach contrasts with traditional conservation models that often cast local people as threats. Bikaba believes that humans are part of nature and that there is much wisdom to be learned from communities living in forests.Despite the challenges posed by ongoing conflict in eastern DRC, Bikaba remains committed to his work. "If there is one thing we should avoid in life, it's war," he says. "If there is a way we can stop war in this region, we should do it. No matter the cost."
#bikaba #forest #gorillas
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Us News Apr 06, 2026

Trump’s Easter Egg Roll Shifts to Iran Threats, Sparking Mental‑Health and Nuclear‑Code Concerns

During the White House Easter Egg Roll, President Donald Trump pivoted to celebrating a rescued air…
President Donald Trump opened the traditional Easter Egg Roll on the White House South Lawn alongside a child dressed in a giant bunny costume, before turning the event into a platform for a stark Iran warning to a room of reporters. Hours later, the president entered a packed briefing room flanked by Defence Secretary Pete Hegseth. The press conference highlighted the recent rescue of a U.S. airman whose jet was downed by Iran, a mission Trump praised as "genius" and likened to a Hollywood production. Amid the celebration, Trump shifted focus to a $1.5 trillion Pentagon budget request he had submitted the previous week, emphasizing military spending while domestic programs face cuts. In a chilling turn, the president warned that the United States could "take out the entire country in one night" by targeting Iran’s bridges and power plants, a threat he framed as a potential path to freedom for the Iranian people. He claimed, without evidence, that Iranians would accept such suffering to topple their regime. When a reporter cited the Geneva Conventions, Trump dismissed the concern, questioning the journalist’s affiliation and mocking the New York Times for its declining circulation. Trump also hinted at personal profit, stating, "I'm a businessman first" when asked about seizing Iranian oil, and invoked a quasi‑religious narrative, saying, "God was watching us" during the Easter festivities. Defence Secretary Hegseth, known for his ties to Christian nationalism, likened the rescue to a resurrection, describing the timeline from the aircraft’s downing on Good Friday to its recovery on Easter Sunday as a "pilot reborn". Critics on social media and within Congress have labeled Trump’s rhetoric as "insane" and "dangerous," urging the cabinet to consider the 25th Amendment to assess his fitness for office. The president brushed off mental‑health concerns, suggesting that if his condition were an issue, "you’ll need more people like me." Recent weeks have seen Trump make contradictory statements: first denying the strategic importance of the Strait of Hormuz, then threatening escalation; first boasting of air superiority after a U.S. fighter was shot down, then claiming the war is already won. These erratic pronouncements have heightened worries that the nation’s nuclear launch authority may be in the hands of a leader whose public behavior resembles the "Mad Hatter" of Lewis Carroll’s classic.
#trump #down #who
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Sports Apr 06, 2026

Lincoln City clinches historic promotion to the Championship with dramatic 96th‑minute win over Reading

Lincoln City returned to the Championship after a 65‑year exile, beating Reading 2‑1 thanks to earl…
Lincoln City secured a long‑awaited return to the Championship, overcoming Reading 2‑1 in a match that featured an early strike, a late equaliser and a dramatic winner in added time. Needing only a point, the Imps surged ahead in the fifth minute when Ryan Oné finished from a Reeco Hackett‑Fairchild free‑kick, prompting jubilant cheers from the 2,884 travelling supporters. Reading fought back and, after a sustained pressure, levelled the score in the second minute of stoppage time via a precise Lewis Wing free‑kick, briefly reviving the Royals' playoff hopes. Just four minutes later, Jack Moylan seized the decisive moment, netting from close range in the 96th minute to seal Lincoln's promotion – the club’s first appearance in the second tier since 1961. The victory was mirrored by a cascade of results across the English Football League. In League One, Peterborough United drew 1‑1 with second‑placed Cardiff City, while Bradford City rallied to beat Wycombe Wanderers 2‑1, keeping their playoff ambitions alive. Meanwhile, a 2‑2 stalemate between Bolton Wanderers and Stockport County effectively ended both clubs' chances of automatic promotion, and Stevenage edged Blackpool 1‑0 thanks to Harvey White’s 66th‑minute strike. Further down the table, Luton Town maintained their playoff push with a 3‑0 win over AFC Wimbledon, Wigan Athletic moved closer to safety after a 3‑1 triumph at Northampton Town, and Exeter City broke a 15‑match winless run by thrashing Doncaster Rovers 3‑0. In League Two, MK Dons were held to a 1‑1 draw by Oldham Athletic, Notts County surged into the top three with a 3‑1 victory over Newport County, and Swindon Town overturned a deficit to beat Walsall 2‑1. Across the divisions, the final‑day results reshaped the promotion race, tightened relegation battles and set the stage for an exciting start to the next season.
#win #home #hopes
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