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Business May 18, 2026

Crime Increasingly a 'Serious Barrier' to UK Growth, Say Business Leaders

UK business leaders are warning that crime has become a 'serious barrier' to economic growth, with …
The Growing Threat of Business Crime in the UKUK business leaders are issuing a stark warning that crime has become an increasingly "serious barrier" to growing Britain's economy, with two-fifths of companies experiencing some form of criminal activity in the past year. The British Chambers of Commerce (BCC) is calling on the government to provide "a step change in the support businesses can count on" as businesses face rising levels of theft, fraud, and cyber-attacks.Rising Crime Statistics Across Business SectorsThe BCC's research, based on a survey of 1,411 firms, reveals that crime against businesses is widespread and growing. Key findings include:Two-fifths of companies experienced some form of crime in the past yearOne-fifth of companies faced fraud or scams21% experienced cyber-attacks50% of manufacturing companies reported business crime, making it the hardest hit sectorLarger companies are more vulnerable, with 58% of firms employing more than 250 people experiencing crime, compared to 32% of microbusinessesRetail businesses have been particularly affected by shoplifting, with police-recorded incidents rising 20% year on year to reach 516,971 offences in the year to December 2024, exceeding 530,000 by March 2025.Financial Impact on Major CompaniesThe financial consequences of business crime have been substantial, with several high-profile companies suffering significant losses. The hack of Jaguar Land Rover alone is estimated to have cost the UK economy £1.9bn, potentially making it the most costly cyber-attack in British history. Marks & Spencer took a £324m hit to profits after being forced to close its website to orders for more than six weeks following a damaging cyber-attack. Other major companies affected include the Co-op and Booking.com.Industry-Wide Consequences and Economic ImpactCrime against businesses is creating "structural barriers to growth" according to the BCC, forcing companies to divert crucial time and money away from expansion and investment. The impact spans across sectors, from retail and manufacturing to tradespeople experiencing surging tool thefts that threaten their ability to operate. As Ellis Shelton, a policy manager at the BCC, noted, "Bosses are being forced to divert crucial time and money to tackling this anchor on growth."The rising sophistication of criminal activities, particularly in cybercrime and fraud, has left many businesses struggling to keep pace with security measures, especially small and medium-sized enterprises with limited resources.Call for Government Action and Future OutlookIn response to the growing threat, the BCC has called for several specific measures from the government:Creation of a cyber-attack reporting system for companiesEstablishment of regional business crime hubs bringing together police and business crime reduction partnershipsExpansion of cyber and fraud resilience support for small and medium-sized businessesMore incentives for companies to invest in securityWithout decisive action, business crime is likely to continue hampering UK economic growth, with the most sophisticated threats potentially targeting larger companies with greater resources. The BCC's warning suggests that addressing business crime must become a priority for policymakers if the UK is to overcome this "serious barrier" to economic expansion.
#British Chambers of Commerce #UK businesses #Cyber-attacks
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Environment May 18, 2026

UK Datacentres Turn to Gas Power Amid Grid Bottlenecks

More than 100 UK datacentres are seeking gas connections to run on‑site generators as grid delays f…
The LeadOver 100 new datacentres in the United Kingdom are planning to burn natural gas to generate electricity, with some projects eyeing permanent on‑site generation as a workaround for prolonged grid‑connection delays.The Surge in UK Datacentre Gas RequestsStuart Okin, director of cyber regulation and AI at Ofgem, warned that “there’s 100GW of datacentre projects in the queue” and not all can be linked to the National Grid. Developers therefore “have to come up with an alternative method”.Silvia Simon, head of research at Future Energy Networks, confirmed the firm has received “more than 100” gas‑connection requests in the past two years, many asking for up to 100MW of continuous gas power.Requests total > 15 TWh of energy per year – enough to power London for roughly four and a half months.Projects represent a combined 100GW of planned capacity.The Energy Demand NumbersThe scale of the demand translates into a substantial carbon footprint if supplied by unabated gas. In the United States, similar off‑grid gas generators are projected to emit more CO₂ than the entire nation of Morocco.The Climate and Grid ImplicationsJulian Leslie, director of strategic planning at the UK’s National Energy System Operator (Neso), said the build‑out could jeopardise the Clean Power 2030 goal of keeping unabated gas below 5 % of electricity supply.Eleanor Warburton of Ofgem added that the rapid growth of AI‑driven datacentres is “affecting many aspects of life including energy”, prompting a review of demand‑connection reforms.Environmental groups, such as Action to Protect Rural Scotland (APRS) led by Kat Jones, argue the rush ignores decades of climate science and risks “climate breakdown”.The Path Forward for Policy and AI InfrastructureGovernment and regulators are considering prioritising strategic connections for AI projects while accelerating reforms to speed up viable grid links. If permanent gas generation becomes the norm, further policy measures – possibly including carbon‑pricing or mandatory emissions reporting – may be required to keep the UK on track for its net‑zero commitments.
#Ofgem #UK datacentres #gas generation
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Politics May 18, 2026

Trump's National Prayer Rally Sparks Debate on Church-State Separation

President Trump hosted a nine-hour prayer rally on the National Mall to rededicate the US as 'one n…
The Lead: Trump's Nine-Hour Prayer Rally on National MallThe administration of United States President Donald Trump has hosted a nine-hour prayer event on the National Mall in Washington, DC, as part of its efforts to commemorate the country's 250th anniversary. Sunday's event, called "Rededicate 250: A National Jubilee of Prayer, Praise and Thanksgiving," took place from 9am to 6pm Eastern US time (13:00 to 22:00 GMT) with the stated aim of marking "rededication of our country as One Nation to God."The Event Details: A Celebration of Faith and Political AlignmentThe event featured performers, pastors and civil rights leaders, as well as Trump's Republican allies, among them Senator Tim Scott of South Carolina. "Our rights don't come from the government," Scott told the crowd. "No, our rights come from God, the king of kings." Members of the Trump administration, including the president himself, recorded video messages that were broadcast from the stage.Trump's video showed him seated behind the Resolute Desk in the White House, reciting a speech from the Book of Chronicles that God gave to King Solomon, promising protection to his followers and destruction to those who forsake him. Secretary of State Marco Rubio, meanwhile, used his video to describe the US as a country uniquely shaped by the "Christian idea.""Before the Christian West, most societies – and civilisations, for that matter – thought in stagnant cycles: the flooding of the Nile, the return of the rains, the cycle of the harvest. History for them was a wheel to nowhere," Rubio said. "But our faith calls us outwards into the limitless darkness of the unknown. It tells us to go forth and preach the gospel to the world as a witness unto all nations and to the ends of the earth."The Data Analysis: Shifting Religious Attitudes in AmericaA survey from the Pew Research Center released last week found a slight uptick in the number of US adults who believe Christianity should be named as the country's official religion. Seventeen percent now share that view, up from 13 percent in 2024. That said, Pew researchers noted that a majority of Americans, roughly 54 percent, still believe in the separation of church and state.About 52 percent also said that "conservative Christians have gone too far in trying to push their religious values in the government and public schools."The Impact Analysis: Blurring Lines Between Church and StateThe event was not without controversy. Critics pointed out that only one speaker, a rabbi, was non-Christian. Some religious leaders rejected the event as a political stunt, rather than a sincere testament to faith.Paul Raushenbush, a reverend and president of the Interfaith Alliance, posted on social media that his objections did not stem from an "antipathy towards religion". Rather, he said his faith compels him to cherish the "rich tapestry of beliefs" that come together in the US."Rededicate 250 is a betrayal of America's founding values guaranteed in the First Amendment – which made clear that there shall be no establishment of religion by the government and that each one of us should be free to live out our beliefs in our own way," Raushenbush wrote.Traditionally, the Establishment Clause of the US Constitution has been interpreted as prohibiting the government from establishing or imposing religious beliefs on its citizens. But critics argue the Trump administration has blurred the separation between church and state, including by having regular prayer services at the Department of Defense.Trump, however, has accused the federal government of "anti-Christian bias". He launched a task force last year to root out the purported discrimination.The Prediction: Evangelical Base and Constitutional InterpretationEvangelical Christians form a pillar in Trump's right-wing base of support. The demographic is a powerful force during election seasons in the US, and Trump has sought to rally Christian voters ahead of major votes. Their views could reshape how the US Constitution is interpreted, particularly regarding the separation of church and state.As the country approaches its 250th anniversary, the debate over religious expression in public life is likely to intensify. With Trump positioning himself as a champion of religious conservatives, future policies and judicial appointments may further test the boundaries established by the First Amendment.
#Trump #Prayer Rally #Church-State Separation
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Economy May 17, 2026

Opt-Out Tax System Proposed for UK Millionaires

A proposal suggests UK millionaires should automatically pay additional taxes unless they actively …
The LeadAs UK faces growing pressure to fund public services while defending progressive policies against rising anti-tax populism, a proposal suggests millionaires should automatically pay additional taxes unless they actively opt out. This approach, based on behavioral research showing opt-out systems generate higher participation than voluntary contributions, could potentially raise significant revenue for the Treasury.The Behavioral Economics Behind Opt-Out SystemsResearch repeatedly shows that opt-in systems produce dramatically lower participation than opt-out systems – the core principle behind so-called nudge theory. Successive UK governments have already relied heavily on the latter approach in areas ranging from pension auto-enrolment to organ donation frameworks. The author, James Kyle, suggests that participation would rise sharply when contribution is the default position rather than requiring active enrolment.The Current Tax Landscape for the WealthyCurrently, wealthy individuals can make voluntary payments to HMRC, but the sums raised remain negligible. The Treasury's standard response is that such voluntary payments already exist. However, behavioral economists argue that this approach fails to account for human psychology, where default options significantly influence decisions.The Potential Revenue ImpactWhile critics may dislike the fact that participation would remain technically voluntary, the proposal maintains that existing taxes would remain fully compulsory and progressive. The tax surcharge would apply automatically unless individuals confidentially chose to opt out in their tax returns. The relevant comparison is not between this and an imaginary world of perfect tax compliance, but between securing additional contributions from many wealthy individuals or securing nothing at all while increasing incentives for avoidance, relocation and political backlash.The Political ImplicationsIn politically challenging times, ideas that combine behavioral realism with fiscal pragmatism deserve closer consideration. The proposal comes as research shows three-quarters of UK millionaires say they would be willing to pay more tax, creating a potential opportunity for policymakers to implement a system that aligns with both behavioral science and revenue needs.
#UK tax policy #Millionaires #Wealth tax
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Health May 17, 2026

Rowing Through the Fog: Boosting Tolerance for Uncertainty in a Hyper‑Connected Age

Journalist‑turned‑designer Simone Stolzoff explores his own struggle with uncertainty and distills …
Lead: Why Uncertainty Matters More Than EverIn a world where answers are a click away, Simone Stolzoff finds that intolerance for uncertainty fuels anxiety, indecision, and even political polarisation. His new book How to Not Know argues that learning to sit with the unknown is a skill we can cultivate, not a flaw to fix. Stolzoff’s Personal Cross‑Roads and the Birth of a BookWhile working as a journalist in New York, Stolzoff was offered a design role in San Francisco, forcing him to choose between two attractive career paths.The decision triggered an "existential loop" that highlighted his own intolerance for uncertainty.Choosing the design job sparked a multi‑year exploration of uncertainty, culminating in the book How to Not Know: The Value of Uncertainty in a World That Demands Answers. Rising Global Uncertainty Metrics and Their Psychological TollStanford economist Nicholas Bloom notes that the five highest global‑uncertainty readings have occurred in the past five years, a trend coinciding with the proliferation of smartphones and instant information. Research cited in the interview links this decline in tolerance to:Constant exposure to real‑time news feeds.An expectation that answers should be immediately available.Increased anxiety and a tendency to catastrophise. Impact: From Personal Angst to Societal PolarisationThe interview connects personal uncertainty intolerance to larger social issues:Political polarisation: Quick judgments based on incomplete information reinforce echo chambers.Mental‑health burden: Chronic worry about unknown outcomes drives anxiety and depressive symptoms.Decision paralysis: Over‑analysis of everyday choices (e.g., streaming content) reduces satisfaction. Future Outlook: Building a More Resilient Relationship with the UnknownStolzoff proposes three practical pathways:Exposure: Deliberately engage with ambiguous situations to desensitise the fight‑or‑flight response.Embodied regulation: Use breathing, movement, or mindfulness to shift from a reactive brain to an analytical one.Values‑aligned action: Make decisions that reflect personal values rather than seeking perfect certainty. By treating uncertainty as a source of possibility rather than threat, individuals can improve mental health, enhance creativity, and contribute to a more nuanced public discourse.
#Simone Stolzoff #How to Not Know #Nicholas Bloom
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Politics May 17, 2026

Christian Zionism in the US Faces Growing Challenges Amid Declining Support

A wave of new polling data and financial disclosures suggests that the once‑dominant Christian Zion…
The Growing Question of Christian Zionism’s LongevityRecent forecasts from left‑leaning outlets and fresh polling indicate a possible decline in the evangelical movement that has long underpinned unwavering US support for Israel. Yet the movement’s deep‑pocketed organisations and entrenched lobbying networks continue to shape policy debates.Historical Milestones and Recent Forecasts1992 – Christianity Today warned of a decline in Christian Zionist support.2025 – Jacobin declared the “end‑times for Christian Zionism” after the Gaza war.2026 – Al Jazeera reports that despite waning public sentiment, the movement still commands tens of millions of followers, primarily in the Bible Belt.Financial Muscle and Polling NumbersCUFI spent over $670,000 on Washington lobbying to tighten sanctions on Iran.Combined revenue of 36 identified Christian Zionist organisations: $2.8 bn annually.2021 survey of evangelicals under 30: only 33.6% support Israel; premillennial belief fell from 65% (2011) to 21%.Pew Research shows a sharp drop in favorable views of Israel among young conservatives and Christians.Political Influence in a Shifting LandscapeThe movement helped elect George W. Bush, backed the Iraq war, and continues to funnel billions in aid to Israel. However, younger voters are questioning the theological justification for unconditional support, and recent Israeli PR campaigns targeting evangelical churches signal anxiety about a waning base.Future Trajectory and Election ImplicationsExperts agree that while short‑term power remains intact, long‑term trends could fragment the evangelical coalition, especially as theological debates erode premillennialism. The 2026 midterms may be the last election cycle where Christian Zionist mobilisation guarantees a decisive Republican advantage, after which the movement may need to reinvent its narrative or risk marginalisation.
#Christian Zionism #CUFI #Jacob​in
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Science May 17, 2026

Unseen Heroes: The Organisms That Sustain Human Life Without Recognition

This article explores the myriad of organisms that provide essential benefits to humans often witho…
The Unseen Heroes of Our Daily LivesFrom the microscopic organisms living in our gut to the tiny creatures that help maintain ecological balance, our world is filled with unsung heroes that provide essential benefits to human existence. These organisms work silently, often without our awareness, yet their contributions are fundamental to our survival and well-being.Microscopic Allies: The Foundation of Human HealthOur bodies are home to trillions of microorganisms, with some estimates suggesting we have more microbial cells than human cells. These gut bacteria play crucial roles in digestion, nutrient absorption, and immune system function. As one reader pointed out, "Without them, there would be no helping us, as we'd not be alive to be helped." These microscopic communities form complex ecosystems within us, breaking down food we couldn't otherwise digest and producing essential vitamins.Ecological Engineers: Organisms That Shape Our EnvironmentBeyond our bodies, numerous organisms work tirelessly to maintain the environments that support human life. Earthworms aerate soil, making nutrients bioavailable for plants that form the base of our food chain. Fungi create vast underground networks that connect trees, allowing them to share nutrients and information. These ecological engineers maintain the delicate balance of ecosystems that humans depend on for food, clean water, and air.The Oxygen Producers: Unsung Guardians of Our AtmospherePhytoplankton and diatoms contribute massively to our atmospheric composition. These microscopic marine organisms absorb carbon dioxide from the water and, when they die, sink to the ocean floor, effectively sequestering carbon. More impressively, diatoms are responsible for 50-60% of the free oxygen in our atmosphere. Without these tiny organisms, the very air we breathe would not exist in its current life-sustaining form.Agricultural Allies: The Silent Supporters of Food ProductionIn agriculture, numerous organisms provide essential services that support global food security. Parasitic wasps like Trichogramma species serve as natural pest control, protecting crops without the need for harmful chemicals. Bees and other pollinators ensure the reproduction of countless flowering plants, including many of our food crops. These organisms reduce our dependence on chemical interventions while maintaining biodiversity and ecosystem health.The Future Recognition of Our Silent PartnersAs scientific understanding advances, we're beginning to appreciate the extent to which human health and wellbeing are intertwined with these often-unseen organisms. Future research will likely reveal even more connections between microbial life and human health, potentially leading to new medical treatments and agricultural practices that work in harmony with nature rather than against it. The recognition of these relationships represents a fundamental shift in how we understand our place in the natural world—not as separate from, but deeply connected to, the vast web of life that sustains us.
#microorganisms #biodiversity #ecosystem
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Health May 17, 2026

US Pandemic Preparedness Lags After Covid, Experts Warn

Former officials warn that the United States remains ill‑equipped to handle emerging pathogens, cit…
Stephanie Psaki and other former health officials warned that the United States is still not ready for the next pandemic, even as the hantavirus outbreak underscores deteriorating testing capacity, expertise, and public‑trust mechanisms.The Hantavirus Outbreak Highlights Gaps in US Public Health InfrastructureThe recent hantavirus cases, while unlikely to become a global crisis, have shone a spotlight on three critical weaknesses: dwindling ability to test for rare diseases, eroding outbreak‑prevention expertise, and an overwhelming flood of misinformation that outpaces scientific communication.Funding Gaps and Misinformation Costs: Quantifying the Impact50/50 chance of another pandemic as severe as Covid within the next 25 years, according to scientific models.The United States contributes roughly $130 million to the World Health Organization, a figure the experts compare to the Pentagon’s recent spending on luxury meals.Covid‑19 vaccine development achieved 95% efficacy in just 11 months, a feat built on decades of basic research and rapid genome sequencing.Misinformation on social media consistently outpaces data‑driven messaging, reducing public compliance with health measures.Why the US Is Falling Behind: Structural and Communication FailuresKey factors identified by Anthony Fauci and others include:Loss of experienced personnel at health agencies, leaving response plans understaffed.Insufficient domestic production of tests and supplies – the US struggled with only a handful of ineffective tests while South Korea was producing 20,000 tests per day.Poor coordination with international partners, exemplified by delayed vaccine distribution and inadequate syringe supplies.Over‑reliance on simplistic messaging that erodes trust, especially when uncertainty is not communicated transparently.Looking Ahead: What Must Change to Secure Future Pandemic DefenseExperts outline a roadmap:Reinvest in public‑health infrastructure, including rapid‑deployment testing labs and a strategic stockpile of vaccines and supplies.Develop proactive communication strategies that pre‑bunk myths before they spread, leveraging trusted community voices alongside scientific data.Strengthen global collaboration by committing reliable funding to the WHO and ensuring equitable vaccine access.Institutionalize a clear, five‑step response framework: stop emergence, identify quickly, contain, treat, and protect healthcare capacity.Without these actions, the United States risks repeating past mistakes and further eroding both domestic resilience and international trust.
#Stephanie Psaki #Anthony Fauci #Georgetown University
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Business May 17, 2026

Nationwide Customer's Boardroom Challenge Could Reshape UK Corporate Governance

James Sherwin-Smith, a Nationwide building society customer, is challenging the status quo by attem…
The Lead: A Historic Boardroom ChallengeIn July 2026, one of the UK's biggest financial institutions will face a potentially transformative moment when a customer seeks a seat on its board. James Sherwin-Smith, a 45-year-old Nationwide building society member, has gathered over 250 peer nominations to challenge for a position on the board of the 142-year-old mutual lender. This challenge comes a decade after Theresa May's pledge to reform corporate governance by giving workers and consumers seats on company boards—a promise that ultimately went unfulfilled.The Event Details: Sherwin-Smith's Quest for Board RepresentationSherwin-Smith's journey to the boardroom has been anything but easy. Over the past two years, he has painstakingly gathered nominations from fellow members, despite facing significant hurdles. Member details were withheld due to data protection rules, and signatures only qualified if nominators maintained certain balance thresholds—£100 or £200 in most cases—over the preceding two years.The former Oliver Wyman consultant has been a vocal critic of Nationwide's governance practices, particularly regarding its £2.9 billion takeover of Virgin Money in 2024 and the 43% pay rise for its chief executive, Debbie Crosbie, which pushed her maximum pay package to £7m. Sherwin-Smith maintains he is against demutualization, aligning with the board's stated position, but argues that the building society's rapid growth has compromised its democratic roots.The Data Analysis: The Rarity of Member-Nominated DirectorsAccording to the Building Societies Association (BSA), there are currently no member-nominated directors serving on any of the UK's 42 building society boards. This marks a significant departure from the original purpose of building societies, which were designed to be member-owned and governed.The last time a member-nominated director held a boardroom seat in Nationwide or any UK building society was in 2002 when Paul Twyman retired. This means that while listed banking rivals like Barclays, Lloyds, and NatWest must answer to shareholders, Nationwide has faced limited intrusive questioning apart from from regulators or members at its virtual-only AGMs.Historically, building societies remain one of the only UK sectors that legally gives customers the right to nominate peers for boardroom elections. However, Nationwide's engagement with members has primarily been through a 6,500-member talkback panel, which critics claim functions more as a market research tool than a genuine governance mechanism.The Impact Analysis: Shaking Up Corporate Governance NormsAndrew Johnston, a professor of company law and corporate governance at Warwick University, believes Nationwide is carefully weighing its options regarding Sherwin-Smith's candidacy. "I suspect they don't want him on the board because he's going to just ask lots of awkward questions about stuff that they want to do," Johnston noted.The potential implications of Sherwin-Smith's success extend beyond Nationwide. If elected, he could set a precedent for other mutual organizations, potentially revitalizing the debate over corporate democracy that began with Theresa May's 2016 speech. Critics argue that without external accountability, mutual organizations risk developing groupthink and poor decision-making.However, concerns remain about the potential for unseasoned members to disrupt established operations. Gareth Thomas, chair of the all-party parliamentary group for mutuals, fears that without proper thresholds, larger institutions might open doors to those seeking demutualization and profit from subsequent payoffs.The Prediction: The Future of Corporate Democracy in Mutual OrganizationsThe outcome of Sherwin-Smith's boardroom challenge could signal a significant shift in how mutual organizations approach governance. If successful, it might encourage more member participation and accountability across the sector. If unsuccessful, it could reinforce the status quo, with boards maintaining significant control over nomination processes and election outcomes.Regardless of the immediate outcome, Sherwin-Smith's campaign has already highlighted tensions between traditional governance models and evolving expectations of transparency and accountability in the financial sector. As mutual organizations continue to navigate an increasingly complex regulatory environment, the balance between professional management and member representation may become a central issue in UK corporate governance debates.
#Nationwide #Corporate Governance #James Sherwin-Smith
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