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Economy May 26, 2026

Next Boss Warns of 'Dramatic Fall' in UK Entry-Level Jobs as Youth Unemployment Soars

Next's CEO Lord Wolfson has sounded the alarm over a dramatic decline in UK entry-level jobs, with …
The Crisis in Youth EmploymentThe boss of Next, Lord Wolfson, has issued a stark warning about a "dramatic fall" in entry-level jobs across the UK, highlighting how this trend is driving up youth unemployment. The clothing and homeware retailer, where Wolfson has been chief executive since 2001, typically received 10 applications for every job in its shops in 2024, but that number has now surged to 19."That doubling of applicants for shop jobs is indicative of just how big the crisis is in youth unemployment at the moment," Wolfson told the BBC. His comments come as a government-commissioned report is expected to find that Labour has failed to tackle the soaring number of people not in education, employment or training (Neet), with almost a million young people in this category.Changing Retail Landscape and Employment PracticesThe retail industry is undergoing significant transformation, with Next increasingly adopting automation and other technologies such as self-scanning lockers for customer returns, reducing the need for staff on tills. This technological shift is part of a broader trend where entry-level roles are most vulnerable to the advent of artificial intelligence.Wolfson specifically pointed to the upcoming ban on zero-hours contracts, included in the government's Employment Rights Act, as a factor that will make hiring more difficult. "While I am in favour of eliminating zero-hours contracts in most sectors, the new rules are tricky for retail, because the risk is you then have to contract for those hours forever," he explained.More than a million people in the UK are currently working on a zero-hours contract basis, spanning hospitality, warehouses, and even the NHS. The new legislation will require employers to offer guaranteed hours to casual workers, a change Wolfson suggests will make it "much harder" for Next to offer more flexible hours to its staff.Economic Pressures on Businesses and Young WorkersWolfson, who received a record pay package of more than £7m last year and could be paid up to £9.27m this year, called on the government to reverse the rise in national insurance contributions (NICs) employers have to pay, alongside minimum wage increases. These cost pressures, he argued, have led Next to reduce staffing levels in individual stores while its online business continues to thrive."Traditionally, young people often get their first week experience at a shop stacking shelves or serving drink and food in a restaurant, cafe or pub," Wolfson noted. "Because of the cost increases, we have fewer staff in individual shops."A Treasury spokesperson countered: "Cutting wages for the lowest paid during a time of global uncertainty is not the answer. Increasing the national minimum wage boosts pay for over 200,000 young workers, and employer NICs are lower when hiring under‑21s."Industry Transformation and Labor Market ChallengesThe retail sector's evolution reflects broader changes in the UK labor market. Alice Martin, head of research at the Work Foundation at Lancaster University, emphasized that "young people are entering one of the toughest labour markets in years, facing intense competition for a shrinking number of entry-level jobs."Retail and other sectors are changing rapidly, with more online sales and fewer staff needed on the shop floor. This transformation has contributed to a sharp fall in vacancies, leaving many young people facing repeated rejection as they try to enter the workforce."A difficult labour market is no excuse for undermining pay or job security," Martin added. "The ban on exploitative zero-hour contracts is long overdue. One in five workers in the UK is in severely insecure work, without predictable pay or basic protections."Future Outlook for Youth EmploymentWolfson suggested that ultimately, the best way to improve the jobs market is through economic growth. "Youth unemployment is really a symptom of wider problems with employment in the economy, and of course, if you've got fewer jobs, the people who suffer most are the people with the least experience and that is the youngest," he explained.The government's upcoming "system reset" to address the Neet crisis will likely need to address multiple factors simultaneously, including the changing nature of work, technological displacement of entry-level positions, and the need for better pathways for young people into sustainable employment.As Next continues to invest in its online operations while reducing physical store staffing, the company's experience may serve as a microcosm of broader economic shifts that will require innovative solutions to ensure young people can successfully transition into the workforce.
#Next #Lord Wolfson #UK unemployment
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Sports May 26, 2026

Pep Guardiola's Emotional Farewell Bash at Co-op Live

Manchester City hosted a farewell celebration for Pep Guardiola at Co-op Live, featuring a bus para…
The Farewell Celebration Pep Guardiola's farewell celebration at Co-op Live was a grand affair, with a sell-out crowd of 23,500 people. The event followed a bus parade in blazing sunshine from the Northern Quarter, featuring the men's, women's, and youth teams. The Event Details The entrance alone was box office, with Rodri swigging from a bottle of fizz, and renditions of the 'Bernardo', 'Johnny, Johnny Stones', and 'We've got Guardiola' songs ringing out. Khadija 'Bunny' Shaw announced she would not be leaving Manchester City, signing a new four-year contract. The Trophy Display The main event featured a display of 18 trophies won by Guardiola during his tenure, including the 2017-18 Carabao Cup and the 2023 Uefa Super Cup. Vincent Kompany, captain of the team that won the first Premier League title under Guardiola, brought the trophy on stage. The Messages and Music The event included messages from Tommy Fleetwood, Neil Warnock, and Michael Jordan. Erling Haaland, the Premier League Golden Boot-winner, spoke about the team's commitment to winning more trophies. The celebration also featured a musical performance by rock stars, including Noel Gallagher. The Future Outlook Guardiola's departure from Manchester City marks the end of an era, but the club is looking to build on the success achieved under his leadership. With Khadija Shaw committing to a new contract, the team is set to continue competing for top honors.
#Pep Guardiola #Manchester City #Co-op Live
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Sports May 26, 2026

West Ham Board Divided on Nuno’s Future as Relegation Sparks Ownership Clash

West Ham United’s board is deadlocked over whether to keep manager Nuno Espírito Santo after the cl…
Lead: Board Split Over Nuno’s Fate After RelegationWest Ham United faces a critical decision on the future of Nuno Espírito Santo following the team’s drop to the Championship, as the club’s two most powerful owners are at odds.Boardroom Rift Over Nuno’s Tenure After RelegationDuring crisis talks on Monday, the board was told a decision on Nuno would be made by week’s end. While the club is expected to part ways with the Portuguese manager, Daniel Kretinsky, the Czech billionaire and second‑largest shareholder, has signalled he wants the coach to remain. In contrast, David Sullivan, the majority shareholder, appears less convinced.Relegation from the Premier League confirmed.Kretinsky plans to increase his stake to match Sullivan’s control.Sullivan has been the dominant figure at West Ham for 16 years.Numbers Behind the Power StruggleThe ownership battle is quantified by several key figures:25.1% – the Gold family’s stake that both co‑owners aim to purchase portions of.50‑50 – the estimated chance that Sullivan will sell his share after relegation.16 years – Sullivan’s tenure as the club’s most influential figure.52 years – Nuno’s age, with a contract that includes a no‑compensation termination clause.What the Split Means for West Ham’s RebuildingIf Kretinsky succeeds in matching Sullivan’s share, the board could become evenly split, potentially leading to stalemates on strategic decisions such as the manager’s contract and squad overhaul. The uncertainty also affects the club’s ability to attract investment and plan for a swift promotion push.Potential replacements for Nuno include Scott Parker, Slaven Bilić and Gary O’Neil.The share‑buy‑in could be de‑valued by relegation, influencing the financial terms of any deal.Possible Scenarios for the Club’s Next SeasonAnalysts see three likely outcomes:Retention: Kretinsky’s backing convinces the board to keep Nuno, aiming for continuity in the Championship.Dismissal: Sullivan’s influence prevails, leading to Nuno’s exit and a new appointment.Ownership Gridlock: An even split in shareholding stalls major decisions, potentially delaying both managerial and transfer plans.Whichever path unfolds, the board’s split will shape West Ham’s strategy to return to the Premier League and stabilize its financial footing.
#West Ham United #Nuno Espírito Santo #Daniel Kretinsky
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Sports May 26, 2026

Pep Guardiola: The Potential Successor to Messi as MLS's Crown Jewel

As Lionel Messi's era in MLS continues, the league faces the challenge of maintaining its elevated …
The Lead: MLS at a Crossroads After MessiMajor League Soccer faces an unprecedented challenge following Lionel Messi's arrival and subsequent impact on the league's global profile. As the Argentinian superstar continues to dominate headlines, the question emerges: how can MLS sustain this momentum when Messi eventually moves on? The answer may not come in the form of another player, but rather through securing one of the world's most respected managers.The Event Details: Guardiola's Manchester City Exit Opens New PossibilitiesThe recent announcement that Pep Guardiola will leave Manchester City this summer has significantly increased the feasibility of him joining MLS. Having achieved everything possible in European club football, Guardiola is positioned for a new challenge. His immediate role as a "global ambassador" for City Football Group, which includes advising MLS's New York City FC, creates a natural pathway to American soccer.The Data Analysis: The Value of Elite Management in MLSWhile MLS has traditionally invested heavily in designated players like Messi, the league's salary cap limitations have restricted spending on coaching staff. However, there are no constraints on what franchises can spend on technical staff, making an ambitious move for Guardiola financially viable. The potential return on investment would extend beyond match results to include increased media coverage, merchandise sales, and global recognition—factors that could significantly boost the league's valuation.The Impact Analysis: How Guardiola Could Transform American SoccerA Guardiola move to MLS would represent more than just a high-profile appointment; it would signal a new era for American soccer. His tactical innovations could elevate the quality of play across the league, while his global reputation would attract international attention and investment. For NYC FC specifically, his arrival would coincide with their move to a new soccer-specific stadium in Queens, creating a perfect storm of new beginnings that could redefine the club's identity and impact on the league.The Prediction: A New Chapter for MLS and GuardiolaLooking ahead, it's increasingly likely that Pep Guardiola will eventually return to management, and MLS—with its growing infrastructure, passionate fan base, and connection through City Football Group—presents an attractive option. His previous sabbatical in New York demonstrated his appreciation for American culture and intellectual stimulation, suggesting that a return to the city could align with his desire to evolve as a coach. While the timing remains uncertain, the convergence of NYC FC's stadium development, Guardiola's career trajectory, and MLS's need for a post-Messi identity makes this scenario not just possible, but potentially transformative for American soccer.
#Pep Guardiola #Lionel Messi #MLS
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Entertainment May 26, 2026

Los Angeles Philharmonic Names Daniel Harding as Next Music Director

The Los Angeles Philharmonic has announced Daniel Harding as its next music director, beginning in …
The Leadership Transition at LA PhilThe Los Angeles Philharmonic has officially announced Daniel Harding as its next music director, marking a significant transition in leadership for one of America's premier orchestras. The UK-born conductor, 50, will begin his tenure in the 2027/28 season with an initial six-year contract, succeeding Gustavo Dudamel who has led the orchestra since 2009.Dudamel will depart in August 2026 to become music and artistic director of the New York Philharmonic but will maintain close connections with the Los Angeles organization as its artistic and cultural laureate. This transition represents the end of an era for the LA Phil, which has flourished under Dudamel's leadership while also preparing for a new artistic direction.The New Musical VisionIn his new role, Harding will oversee programming across the entire organization, including presentations at the Walt Disney Concert Hall, the Hollywood Bowl, and the Ford. His conducting schedule will begin with eight weeks in his first season, increasing to twelve weeks in subsequent years. This comprehensive responsibility reflects the central role of the music director in shaping the artistic identity of the institution.Harding brings a distinct musical perspective to the position, with the orchestra's president and CEO Kim Noltemy highlighting his "intellectual curiosity, passion for bringing in and engaging with new audiences, global perspective, and talent for nurturing emerging voices." These qualities are expected to align with and potentially expand the LA Phil's mission in the coming years.A Legacy of Musical ExcellenceThe Los Angeles Philharmonic, founded in 1979, has established itself as one of the world's leading orchestras, known for both its traditional classical programming and innovative contemporary commissions. The orchestra has premiered works by composers ranging from Stravinsky and Schoenberg to Lutosławski and John Adams, cementing its reputation for musical adventurousness.Under Dudamel's 14-year tenure, the organization has achieved significant recognition, winning 11 Grammy awards for recordings. The orchestra's multiple performance venues—including the iconic Walt Disney Concert Hall designed by Frank Gehry—have made it a cultural cornerstone of Los Angeles, attracting diverse audiences from across the city and beyond.Harding's Distinguished CareerBorn in Oxford in 1975, Harding has developed an extraordinary conducting career that began remarkably early. As a teenager, he came to the attention of Simon Rattle, who hired him as an assistant at the City of Birmingham Symphony Orchestra. At just 21, he joined the Berlin Philharmonic as Claudio Abbado's assistant and became the youngest conductor in Proms history.His subsequent career includes 19 years with the Swedish Radio Symphony Orchestra and more than two decades with the Mahler Chamber Orchestra, which he helped found. Harding has maintained long-established relationships with major orchestras worldwide, including the Berlin Philharmonic, Amsterdam's Concertgebouw, and the Vienna Philharmonic. As an opera conductor, he has led critically acclaimed productions at Milan's Teatro alla Scala, Vienna State Opera, London's Royal Opera House, and at the prestigious festivals in Aix-en-Provence and Salzburg.A Unique Dual CareerWhat distinguishes Harding from most of his contemporaries is his parallel career as a qualified airline pilot. For the past few years, he has been piloting Airbuses for Air France while maintaining his conducting schedule. Harding has described this dual life as enriching, noting that "it's OK to take risks in concerts, because there it's safe to do so" and that "knowing another world, how other people work and having a completely different role is healthy."This unique perspective has informed his approach to music-making, with Harding stating that he "learned things about myself and conducting in a year that I didn't learn in 29 years before as a conductor." His first connection to the LA Phil came in 1997 when he conducted the orchestra at the Ojai music festival.The Transition PeriodIn the transition leading up to his official appointment, Harding will serve as music director designate, conducting the LA Phil in November 2026 and January 2027. These programs will feature wide-ranging repertoire including Brahms, Bernstein's Jeremiah symphony, Strauss's Also Sprach Zarathustra, and works by contemporary composers Thomas Adès and Betsy Jolas.The search process for a new music director was extensive, led by a committee including musicians, board members, and staff. John Lofton, bass trombone of the Los Angeles Philharmonic and search committee member, praised Harding's "exceptional level of focus and musical insight," noting that musicians value "his clarity, his respect for the orchestra and the way he invites us into the music."The Future of the LA PhilThe transition represents both an ending and a beginning for the LA Phil. As outgoing director Gustavo Dudamel expressed confidence that "the brilliance, heart and limitless talent of the LA Phil...will be in good hands under Daniel's musical leadership," the organization looks toward a new chapter.Esa-Pekka Salonen, the orchestra's creative director and former music director (1992-2009), expressed his hope that "the beauty, optimism and openness of Los Angeles proves as transformative for [Harding] as it has been for me." As Harding prepares to take the helm, the LA Phil enters a period of artistic evolution that will build upon its storied past while exploring new musical territories under his leadership.
#Los Angeles Philharmonic #Daniel Harding #Gustavo Dudamel
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Business May 26, 2026

UK Sees Surge in Factory-Style Dairy Farming Amid Rising Costs

The UK has seen a significant rise in factory-style dairy farming, with the number of intensive dai…
The Rise of Intensive Dairy Farming in the UK The UK has witnessed a substantial increase in factory-style dairy farming, often referred to as 'battery cow' farms, as farmers face mounting costs and struggle to make ends meet. An investigation by the Bureau of Investigative Journalism (BIJ) has found that the number of intensive dairy farms, where cows are permanently confined indoors, has more than doubled in the past decade. The Scale of Intensive Dairy Farms There are now at least 180 dairy farms in the UK where cows have no access to the outdoors, up from about 70 in 2015. Additionally, the number of 'mega dairies', which house more than 700 cows, has doubled to 40. Some of these large farms contain as many as 2,600 cows. In contrast, the average UK dairy herd is only 160 cows. The Financial Pressures on Farmers The dairy industry is facing significant financial pressures, with farmers selling milk at prices as low as 28p per liter, despite the production cost being around 40p per liter. This has forced some farmers to adopt more intensive systems to boost productivity and remain viable. The Impact on Animal Welfare and the Environment The trend towards intensive dairy farming has raised concerns about animal welfare and environmental impacts. Campaigners argue that the conditions on these farms, often described as 'battery cow' systems, compromise animal welfare and contribute to pollution. The government has signaled plans to consult on extending environmental permitting schemes to include dairy farms, but farming groups have expressed concerns about the potential costs and red tape. The Future Outlook As the dairy industry continues to evolve, there are calls for fairer treatment and prices for farmers within supply chains. MPs and experts are advocating for legislative changes to ensure that farmers receive a fair return for their produce, while also promoting more sustainable and humane farming practices.
#UK dairy farming #intensive farming #battery cows
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World Wide May 26, 2026

Seven deaths in France linked to record-high temperatures

Seven people have died in France due to record-high temperatures that have affected western Europe.…
The Heatwave in Western Europe Seven people have died in France in an extreme early-summer heat event that is affecting a swathe of western Europe, as France and the UK set record highs for May and temperatures were forecast to rise further on Tuesday. Record Temperatures and Deaths "What I can say today is that there have been seven deaths linked directly or indirectly to the heat," a French government spokesperson, Maud Bregeon, told TF1 television, adding that five of the deaths were by drowning. Météo France, the national weather agency, said Monday's highest reading, 37.1C, was recorded near Hossegor, in the south-western department of Les Landes, and that temperatures across the west of the country could exceed 36C on Tuesday. The Data Analysis The UK's Met Office said Monday was the country's hottest May day on record, with temperatures hitting 34.8C at Kew Gardens, south-west London, a reading it described as "exceptional in the UK even in mid-summer, let alone May". In Spain, widespread highs of 36-38C in the Guadiana, Guadalquivir and Ebro valleys were expected to continue possibly until Friday, the state weather service, Aemet, said, adding that "in some of those areas, temperatures could reach 40C". The Impact Analysis In Italy's Lazio region, which includes Rome, authorities have imposed restrictions on work in conditions "with prolonged exposure in the sun", for example on farms, construction sites and in the delivery sector, between 12.30pm and 4pm. Eight of France's 96 administrative departments have been placed on an orange high-temperature alert, the second-highest level, requiring the population to "be vigilant and take precautions", with a further 20 on a more moderate yellow warning. The Prediction Christophe Cassou, a climate scientist, told Le Monde: "This is an unprecedented event with a one in 1,000 chance of happening at this time of year in the climate of 1979 to 2025." He added that "it would have been virtually impossible in the pre-industrial era". The prime minister, Sébastien Lecornu, called a meeting of key ministers on Thursday to assess government preparations for heatwaves after more than 350 weather stations across France recorded new monthly highs on Monday.
#France #Heatwave #Europe
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Sports May 26, 2026

Charlton Earn WSL Spot as Barcelona Reclaim European Crown

Charlton Athletic clinched promotion to the Women’s Super League after a dramatic playoff win over …
Charlton Athletic earned promotion to the WSL and Barcelona lifted the Champions League, underscoring a pivotal week for women’s football.Charlton Athletic Secures WSL Promotion After Dramatic PlayoffOn May 23, 2026 the club defeated Leicester City in a penalty‑shootout at the Valley, thanks to goalkeeper Sophie Whitehouse and a late surge from Lucia Lobato. The win ends a season of relegation for the Foxes and guarantees Charlton a place in the top tier.Playoff final score: 2‑2 after extra time, 5‑4 on penaltiesKey hero: Sophie Whitehouse (saved two penalties)Promotion confirmed for 2026‑27 WSL seasonBarcelona Dominates Women’s Champions League Final in OsloIn Oslo, FC Barcelona defeated OL Lyonnes 4‑0 to reclaim the title, with goals from Claudia Pina, Ewa Pajor, and two from Pere Romeu’s side. The victory marks Barcelona’s third European crown in four years.Final score: 4‑0Venue: Ullevaal Stadion, OsloGoal scorers: Claudia Pina, Ewa Pajor, Pere Romeu (2)Financial and Viewership Implications of the Dual SuccessesBoth events are expected to boost broadcast revenues and sponsorship interest. The Champions League final attracted an estimated 3.2 million global viewers, while the WSL playoff generated a record 1.1 million online streams in the UK.Projected increase in WSL sponsorship deals: +12 % YoYBarcelona’s prize money share: €1.5 millionShifts in the Women’s Football LandscapeCharlton’s promotion adds geographic diversity to the WSL, while Barcelona’s dominance reinforces the growing gap between Southern European powerhouses and other leagues. The success of clubs like Manchester City, who secured a long‑term contract with Khadija “Bunny” Shaw, highlights the intensifying competition for elite talent.Looking Ahead: 2026‑27 Season OutlookCharlton will need to reinforce its squad to avoid immediate relegation, likely targeting experienced internationals during the summer transfer window. Barcelona aims to defend its European title and will face a packed schedule that includes the FA Cup final between Manchester City and Brighton & Hove Albion at Wembley.
#Charlton Athletic #FC Barcelona #Women’s Super League
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Entertainment May 26, 2026

Lee Friedlander's Witty Vision: A Photographic Celebration in Pictures

The Guardian showcases a visual tour of Lee Friedlander's latest exhibition, highlighting his trade…
Executive Snapshot: Friedlander’s Playful Lens on Display The Guardian’s picture‑rich feature walks readers through the newest showcase of Lee Friedlander, emphasizing his knack for turning everyday moments into witty visual jokes. The essay serves as both a tribute and a primer for anyone curious about his enduring influence. Inside the Exhibition: Curating Friedlander’s Signature Humor The gallery arranges Friedlander’s black‑and‑white prints alongside candid snapshots, each framed to reveal the photographer’s love of visual puns, layered compositions, and urban detours. Highlights include: Street scenes where shadows become characters. Self‑portraits that blur the line between observer and observed. Series of storefront windows that turn commercial signage into visual riddles. Numbers on the Wall: Attendance and Market Signals The article does not disclose specific visitor counts or sales figures for the show. However, past Friedlander retrospectives have typically drawn tens of thousands of visitors and sparked renewed interest in his limited‑edition prints. Why It Matters: Shaping Contemporary Photographic Discourse Friedlander’s blend of humor and meticulous composition continues to inspire a new generation of photographers who seek to embed narrative depth in everyday scenes. The exhibition reinforces his role as a bridge between classic documentary traditions and modern visual storytelling, reaffirming the market’s appetite for work that balances aesthetic rigor with accessible wit. Looking Ahead: The Future of Friedlander’s Legacy As museums and galleries worldwide revisit Friedlander’s oeuvre, his influence is likely to expand into digital platforms, where his compositional tricks can be re‑imagined through interactive media. Collectors and institutions are expected to pursue further collaborations, ensuring that his “gift that keeps on giving” endures for decades to come.
#Lee Friedlander #The Guardian #Photography
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