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The Lead: Zero-Hours Contracts Divide Ministers and BusinessesMinisters should press ahead with a ban on zero-hours contracts, campaigners say, despite claims by business leaders that it would deter hiring and lock more young people out of the labour market. The Child Poverty Action Group and the union umbrella organisation the TUC were among eight signatories to a letter to the department of business and trade calling on the government to "ignore the noise" from businesses, which want zero-hours contracts to remain.The Political Standoff: Campaigners vs. Business LeadersThe debate over zero-hours contracts has created a clear divide between worker advocates and business interests. Campaigners argue that these contracts create insecurity for workers, while business leaders warn that banning them would reduce flexibility and potentially lead to fewer jobs. The British Retail Consortium and UKHospitality have written to Business Secretary Peter Kyle stating that reduced flexibility in work contracts will lead to fewer jobs. Meanwhile, a new report by the Institute of Directors showed that 86% of business leaders believe the Employment Rights Act will have a negative impact on UK economic growth, up from 72% a year ago.The Regulatory Timeline: From Royal Assent to Implementation DelayLast year, the Employment Rights Act gained royal assent, but many of the detailed provisions were left blank, allowing ministers to phase in implementation over a period of years. Peter Kyle, the business secretary, has overseen a delay in the launch of a planned consultation on zero-hours contracts that was due to begin in January. It is understood the department will ask for submissions before the end of the summer, before implementing new rules next year. Business leaders are concerned that delays in the consultation process will not give them time to adjust their workplace practices if new rules are agreed.The Economic Impact: Business Leaders' ConcernsBusiness leaders have expressed significant concerns about the potential economic consequences of banning zero-hours contracts. Lord Wolfson, chair of the retailer Next, stated that while he favours eliminating zero-hours contracts in most sectors, the new rules would prove costly for retailers "because the risk is you then have to contract for those hours for ever." The Institute of Directors report highlighting that 86% of business leaders believe the Employment Rights Act will negatively impact UK economic growth underscores the depth of business concern about this regulatory change.The Worker Perspective: Insecurity and PovertyFrom the workers' perspective, zero-hours contracts create significant financial insecurity. More than a million people in the UK work to a zero-hours contract, from hospitality and warehouses to the NHS. Hundreds of thousands of them have worked for the same employer for years, yet lack guaranteed hours. Paul Nowak, the TUC general secretary, noted that many workers do not know how much they will earn each week, "and lack of security over hours makes it hard for workers to plan their lives, budget and look after their children." Many are unable to get mortgages and other forms of cheap credit when employers can reduce their hours to zero. Alison Garnham, chief executive of the Child Poverty Action Group, emphasized how these contracts affect working parents: "All too often working parents find themselves without enough to make ends meet – as their hours are cut at a moment's notice or they pay for childcare only to find their shifts are cancelled."The Government's Dilemma: Balancing Rights and Business InterestsThe government faces a difficult balancing act between protecting workers' rights and maintaining a business-friendly environment. The upcoming report by former health secretary Alan Milburn is expected to accuse the government of failing to meet the needs of young people out of work, education and training, putting further pressure on Business Secretary Peter Kyle to show that new employment laws will support job creation. The TUC has attempted to address business concerns by noting that the right to a regular-hours contract would not affect holiday jobs as it "is set to be based on a reference period over several months which will even out peaks and troughs." Other signatories to the letter urging action include the women's rights group the Fawcett Society, the employment thinktank the Work Foundation, and the campaigning organisations 38 Degrees and the Young Women's Trust.

Executive Summary The police criminal inquiry into the Post Office Horizon IT scandal, codenamed Operation Olympos, faces a potential five‑year delay unless the government provides an extra £16.5 million and expands the team to 210 investigators. Without this support, the deadline for filing charges with the Crown Prosecution Service could slip to 2033, extending the hardship for more than 11,500 claimants and their families. Funding Gap Threatens Five‑Year Extension of Operation Olympos Metropolitan Police commander Stephen Clayman warned that the investigation must double its staff to meet a target of late 2027/early 2028. The current team of just over 100 officers, up from 80 in 2023, is insufficient to process the 8 million documents already seized. Budget Shortfall: £16.5 million Needed to Meet 2028 Deadline Home Office special grant: £2.8 million Projected total cost of the inquiry: £19.3 million Funding gap: £16.5 million Investigators required: increase from 111 to 210 Documents to be reviewed: > 8 million Consequences for Victims and the Justice System The delay would prolong uncertainty for the 3,500 wrongly accused branch‑owner operators and the 11,500 claimants who have so far received £1.48 billion in redress. Families of victims, newly eligible for compensation under a government scheme, risk further hardship as the inquiry’s findings on perjury and perverting the course of justice remain pending. Outlook: Potential Delays and Funding Negotiations Clayman indicated that without additional resources, the timeline could be pushed back by up to five years, a scenario he described as “unacceptable”. Negotiations with the Home Office and Treasury are expected to intensify in the coming months, with the possibility of a revised budget being announced before the end of 2026. If funding is secured, the investigation aims to submit its final files by early 2028, paving the way for prosecutions and full accountability for the Horizon system’s failures and the role of Fujitsu.

The Lead Oliver Glasner has urged Crystal Palace to win the Conference League final so they can take up the Europa League place denied them this season after they fell foul of Uefa's multi-club ownership rules. The Austrian manager, who is leaving at the end of the season, wants his players to secure European football for next year by defeating Rayo Vallecano in Leipzig. The Final Showdown Crystal Palace will face Rayo Vallecano in Leipzig on Wednesday night at the end of their first European campaign in Glasner's last match. The south London club, last year's FA Cup winners and Community Shield holders, were demoted to the Conference League after Uefa deemed John Textor had a controlling interest in both Palace and Lyon, who had also qualified for the secondary competition. Manager's Final Message Glasner, who previously won the Europa League with Eintracht Frankfurt in 2022, confirmed in January that he would leave at the end of the season. The manager revealed that Palace players had held a farewell party for him on Monday, when he backed them to win a third trophy in 12 months and secure a Europa League spot. "The best thing would be of course winning tomorrow because then the players would be in the Europa League next year and then we get what we should have got this year," he said. Transition Period Palace are hopeful of appointing Andoni Iraola as Glasner's replacement, although it is understood that the outgoing Bournemouth manager also has interest from Milan and Bayer Leverkusen. Pierre Sage, who led Lens to second place in Ligue 1 this season, is understood to be a contender if Iraola turns them down. The Palace captain, Dean Henderson, said losing Glasner would be "a huge miss" and noted that players had created a send-off video expressing their feelings. Fan Support More than 15,000 Palace supporters are expected in Leipzig, where a replica trophy has been on display at the city's Marketplatz. The team captain emphasized the special connection between the players and supporters that has developed under Glasner's management. "The team's got a special connection with the supporters and when I joined the football club I felt like that was distant," Henderson said. "It's good to see since the manager has come in we've built that rapport with the supporters because I think it's important. They can really help us tomorrow night." Opponent's Perspective Rayo Vallecano, managed by Iñigo Pérez (Iraola's former assistant), operate on a fifth of Palace's budget. Pérez acknowledged the financial disparity but emphasized his team's shared football traits with Palace. "I think we share football traits with Crystal Palace," he said. "The effort, the collective … For me, Crystal Palace is a dream rival. I think that beyond the money comparisons, we must represent the Vallecas neighbourhood. Maintaining our identity will be the right approach."

The Enhanced Games: A Doping-Filled Spectacle in Las Vegas I woke up in Las Vegas on Monday to an avalanche of messages from people across elite sport asking about the Enhanced Games. Some wanted to know what it was really like. Most, though, wanted to dance on its grave. So much for the organisers' promises that we would witness multiple world records. So much for their ridiculous claim to be the "Super Bowl of athletics, swimming and weightlifting!" Hubris meet nemesis. The Reality of Performance-Enhanced Competition Perhaps the most farcical moment came just before the women's 100m final. Only one athlete in the modest field had ever broken 11 seconds. But that didn't stop the announcer floating the idea that Florence Griffith Joyner's world record of 10.49sec might be under threat. "Are we going to witness history?" she asked. "Let's hope so." Of course we weren't. Tristan Evelyn, who was competing as a drug-free athlete, won in 11.26sec – a time that would have barely made it out of the first round of the 2024 Olympics. The Financial Temptation: Why Athletes Are Being Lured When I spoke to its chair, Christian Angermayer, on Sunday night he revealed the plan for next year was to invite fitness influencers to race alongside elite athletes. A legends section may also follow, he reckoned. Shortly afterwards, the Australian swim coach Brett Hawke revealed that his phone had been buzzing with elite stars wanting to sign up. Can you blame them? Hunter Armstrong competed clean and walked away with $250,000 (£186,000). That's 12½ times what gold at the World Aquatics championships pays. While World Athletics offers significantly more – the winner of each event in its Ultimate Championships will get $150,000 – Angermayer believes he can also lure big track stars over. The Cultural Divide: Puritans in Babylon Most of the time I felt like a puritan in Babylon. I didn't see the Michael Jackson lookalike, who has had plastic surgery to look uncannily like him and turned up at the aftershow party. But I did see dozens of fitness influencers going round filming each other, showing off their abs, and asking each other which protocol they were on. And hear predictions that there would be a pill that would give you all the benefits of easy exercise in zone 2. It felt like a trip to the Upside Down. The Marketing Machine: More Than Just a Sports Event Before I arrived in Vegas, I thought the Enhanced Games people were grifters. Now I think it is more accurate to say they are evangelicals. They truly believe these drugs have changed their lives. And they want others to enjoy them, albeit while burning a few hundred dollars a month. Some also believe that the Enhanced Games is a Trojan horse to sell drugs such as testosterone and human growth hormone. I don't quite agree. Because organisers are not exactly being shy here. The horse is rolling towards Troy draped in a large advert for testosterone cream and peptides. The Inevitable Collapse: Why the Enhanced Games Will Fail Ultimately, though, I believe the Enhanced Games will fail. Not next year. But probably over the next five. Why? Because while its movers and shakers are rich and smart, they don't come across as caring deeply about sport. They don't seem to understand its whims and irrationalities, its rivalries and narratives, its traditions and its heart. You can't pay a mortgage with morals, but you also can't build a lasting sporting movement on money alone.

OpenRouter announced a $113 million Series B financing round led by CapitalG, the growth arm of Alphabet, lifting its post‑money valuation to an estimated $1.3 billion. The round marks a dramatic increase from the roughly $547 million valuation recorded a year ago. Series B Funding and New Valuation Milestone Lead investor: CapitalG (Alphabet) Round size: $113 million Post‑money valuation: ~$1.3 billion Previous valuation (2025): ~$547 million Earlier round: $40 million Series A in June 2025, led by Andreessen Horowitz and Menlo Ventures Scale Metrics: Users, Tokens, and Model Portfolio Active global users: 8 million Monthly token throughput: 100 trillion tokens (≈25 trillion per week) Weekly token growth: 5× increase from 5 trillion tokens six months earlier Model catalog: access to > 400 models from providers such as Anthropic, Google, OpenAI, xAI, DeepSeek Why Multi‑Model Gateways Are Redefining AI Procurement The surge in OpenRouter’s usage reflects a broader shift from single‑model reliance to a flexible, agent‑driven AI stack. Enterprises now prefer a "swappable engine" approach, allowing them to match the most cost‑effective or highest‑performing model to each specific task without vendor lock‑in. Future Outlook: Expansion of Agent‑Driven AI and Competitive Landscape As AI workloads move deeper into inference and autonomous agents, platforms that can orchestrate dozens of models will become critical infrastructure. OpenRouter’s rapid growth suggests it will attract further investment and potentially expand into edge‑deployment services, while traditional SaaS providers may need to integrate similar multi‑model capabilities to stay competitive.

The Editorial’s Core ArgumentThe piece contends that successive governments have proclaimed a recovery in Britain’s pockets long before ordinary people have felt it, turning optimistic rhetoric into a political tool.Historical Use of “Green Shoots” as Political RhetoricIn October 1991, Chancellor Norman Lamont warned of “green shoots” amid a deep recession. The phrase resurfaced under George Osborne in 2013 and most recently under Prime Minister Rishi Sunak ahead of the 2024 election, only to be rejected by voters who elected Labour in a landslide.Mixed Economic Data Undercut the OptimismUnemployment rose unexpectedly to 5% in the last quarter, with one in seven young people job‑seeking.Vacancies fell to their lowest level since early 2021.The Resolution Foundation projects real household disposable income to grow by just 1.1% over the next five years.Productivity, according to Prof John Van Reenen, is now rising at 1.6% per year since Q3 2024, up from 0.3% in the previous decade.Chancellor Rachel Reeves cites the IMF’s approval as validation, but the data suggest a fragmented picture.Political Consequences of Overstated GrowthThe editorial warns that Labour’s narrative of a rapid take‑off may be premature. Voters are not feeling better off, and the comparison should shift from post‑2014 politics to a Labour‑vs‑Tory analysis under “Trussonomics”, where fiscal rules and private‑investment reliance dominate.What the Next Year May Hold for the UK Economic NarrativeIf productivity gains prove sustainable, they could eventually translate into broader prosperity, but without stronger wage growth and job creation the political narrative will likely falter. The coming months will test whether Labour can convert early signs into tangible improvements for households or whether “green shoots” will remain a rhetorical flourish.

Executive Summary: Board Acts Decisively on Governance AlarmBP announced the immediate removal of Albert Manifold as chairman, stating that “serious concerns” about governance standards, oversight and conduct had been raised. The decision follows a turbulent period of leadership turnover at the London‑based energy group.Manifold’s Sudden Removal Amid Governance AlarmManifold served as BP chair for only eight months, appointed in October 2025.Board cited “important governance standards, oversight and conduct” issues without further detail.Ian Tyler, former Balfour Beatty chief and board member since 2025, named interim chair.Activist hedge fund Elliott, holding ~5% of BP, had backed Manifold’s appointment.Manifold’s exit follows the 2023 dismissal of CEO Bernard Looney and the abrupt departure of his successor Murray Auchincloss in December 2025.Share Price Slumps Following Chair’s ExitBP stock fell 4.2% on U.S. exchanges and 4.4% on the London Stock Exchange on the day of the announcement.Investor sentiment already fragile after BP’s underperformance versus peers and a failed AGM resolution in April 2026.The market reaction underscores heightened sensitivity to governance instability at major oil companies.Board Turmoil Signals Deeper Governance Challenges at BPThe removal adds to a pattern of rapid leadership changes: three CEOs since 2020 and now a new interim chair. Analysts note that:BP’s board size has been reduced, potentially concentrating decision‑making power.Proxy adviser Glass Lewis previously linked Manifold to the exclusion of a climate activist resolution, hinting at governance friction.Shareholder support for Manifold’s chair appointment was only about 82%, below the near‑unanimous norm.These factors suggest lingering tensions between the board, activist investors, and climate‑focused shareholders.What’s Next for BP’s Leadership and Strategic DirectionWith Ian Tyler as interim chair, BP is expected to:Accelerate the appointment of a permanent chair who can restore confidence among investors and activists.Continue the strategic pivot announced by former CEO Meg O’Neill toward a renewed focus on oil and gas, while managing expectations around renewable investments.Address governance concerns through tighter oversight mechanisms and clearer conduct policies.Stakeholders will watch closely for any further board reshuffles or policy changes that could affect BP’s long‑term value and its ability to navigate the energy transition.

Moise Kouame announced himself on the Grand Slam stage with a dominant first‑round victory at the French Open, becoming the youngest male player to win a main‑draw match since 2009.Historic First‑Round Victory Over Former US Open ChampionThe French teenager, granted a wildcard, faced Marin Cilic—a former US Open champion and ex‑world No. 3—on Court Simonne Mathieu. Despite a 20‑year age gap, Kouame remained unfazed, clinching the match in straight sets: 7‑6(4), 6‑2, 6‑1.Numbers Behind the Upset: Rankings, Scores, and Age MilestonesAge: 17 years 2 monthsWorld ranking: Kouame #318 vs. Cilic #46Scoreline: 7‑6(4), 6‑2, 6‑1Historical context: Youngest male Grand Slam winner since Bernard Tomic (2009 Australian Open, age 16)Roland Garros record: Youngest to advance past round 1 since Dinu Pescariu (1991, age 17 months 1 day)What Kouame’s Win Signals for French Tennis and the ATP TourThe victory highlights the depth of emerging French talent and validates the French Tennis Federation’s wildcard strategy. Kouame’s composure—no service breaks conceded and effective drop shots—demonstrates a maturity that could accelerate his transition from ITF titles to regular ATP Tour success.Looking Ahead: Kouame’s Next Match and Potential TrajectoryNext up, Kouame will meet Paraguay’s Adolfo Daniel Vallejo, who advanced after Cameron Norrie retired injured. Coach Richard Gasquet credits recent main‑tour exposure at the Miami and Monte‑Carlo Masters for the teenager’s readiness. If Kouame maintains his current level, he could become a regular contender on the ATP circuit and a key figure for France in upcoming Davis Cup ties.

The Rise and Fall of a Rising ManagerAfter Francesco Farioli surrendered a nine-point lead in his final five matches at Ajax, he felt the word 'loser' had been stamped across his forehead. Clubs that had pursued him quietly stepped back and his rise abruptly stalled. This dramatic fall from grace came just months after he had been considered one of European football's brightest managerial talents.Now, after an impressive campaign at Porto, the 37-year-old Italian is again one of Europe's most sought-after coaches. His journey from the depths of despair to the pinnacle of success in Portuguese football serves as a compelling narrative about resilience and the unpredictable nature of football management.The Porto TransformationPorto's title triumph, wrapped up with two games to spare, came 12 months after Ajax's collapse enabled PSV to become Dutch champions. It is a sign of Farioli's status that he was linked with Chelsea before they appointed Xabi Alonso, raising fears among Porto supporters of an early departure. They remember what happened 15 years ago when André Villas-Boas was prised away to Stamford Bridge after winning the league.Farioli, though, insists the club and fans have nothing to worry about. "I feel I need to go again and push again – now the expectations are even higher," he says. "Three weeks ago, from the outside, I had big question marks on my head. Now there is an exclamation mark that needs to be confirmed and proved."A Calculated Risk Pays OffVillas-Boas is Porto's president these days, voted in just over two years ago, and the trust he placed in Farioli has been good for both parties. Porto had gone three seasons without the title before Farioli's arrival."I was really looking for a club with people who had the same motivation I had – a spirit of overturning a failure or something that went wrong – after the very heavy season I had at Ajax," Farioli says. The Italian inherited a Porto squad that had experienced a chaotic season marked by two managerial changes, a third-placed finish and the loss of Champions League football."The president's decision to give me this opportunity was remarkable, especially after a year with two young coaches [Vítor Bruno and Martín Anselmi] already," Farioli says. "Choosing a third one – and someone who had 'loser' stamped on his head – was not a rational move. But André Villas-Boas had faith and deep belief."An Unconventional Path to SuccessFarioli's path has differed greatly from that of most elite managers. At 23 he was studying philosophy at the University of Florence and he started working in top-level football as a goalkeeping coach under Roberto De Zerbi at Benevento and Sassuolo.His first head coach role came six years ago at Fatih Karagumruk in Turkey, when he became the youngest manager in Turkish top-flight history. Since leaving that country he has spent a season each at Nice (finishing fifth), Ajax and Porto.The Defensive MasterclassWith those three teams he recorded the best defensive record in the league, Porto conceding 18 goals in 34 matches last season. Their change in attitude under Farioli was unmistakable. Porto pressed relentlessly, never backed down from duels and stayed united in difficult moments. The commitment was obvious to supporters, who applauded the players' effort in every match."Metrics like total distance, high-speed running and sprint distance have been very reliable indicators for us throughout the season," Farioli says. "In almost all matches we managed to outperform our opponents in these areas, and that gave us important confirmation about the effectiveness of our physical planning and workload management."Emotional Resilience and Team UnityThe squad also united emotionally after the death of Jorge Costa, the football director, at the training ground in the opening days of the season. The club flag that covered his coffin was hung inside the stadium from one of the stands – a constant reminder of what they were fighting for.Farioli held tightly to one sentence Costa uttered in his final days: "We have a team again." As part of his reboot Farioli took new players to the club museum. "Porto needed to reconnect with certain values and rediscover the mystique that, in recent seasons, had partially faded away," he says. "But it was also essential to change the emotional atmosphere around the team: to bring back enthusiasm for the work, serenity inside the environment, and the desire to feel like a true team."Tactical Philosophy and Key PlayersFor Farioli, the goalkeeper is the keystone tactically – creating numerical superiority in the first phase of buildup and attracting pressure to open central spaces. In Diogo Costa, the Portugal keeper who passes with the poise of a midfielder, he found the ideal fit. Costa can pinpoint the free man under heavy pressure. "The goalkeeper has a very particular perspective on football because he sees the game globally," Farioli says.In front of Costa, the Polish duo Jan Bednarek and Jakub Kiwior formed a towering defensive wall. Often they were the only players behind the halfway line as Porto operated with an exceptionally high defensive line. Just ahead of them stood the team's breakout star, Victor Froholdt. The 20-year-old Danish midfielder, signed for €20m (£17.3m) from Copenhagen, was initially regarded as a risky investment but emerged as a key player in Farioli's system.The Road AheadAs Porto celebrates their title triumph, questions arise about Farioli's future. His name has been linked with several top European clubs, and his success at Porto has only increased his market value. The 37-year-old manager, however, remains focused on the present and the challenges that lie ahead."They had the freedom to hit us with a bazooka," Farioli says of the anonymous questionnaires he gives his players as he prepares for next season. This approach of seeking honest feedback and maintaining open communication exemplifies his management style and commitment to continuous improvement.Whatever the future holds, Francesco Farioli has already proven that he can overcome adversity, transform struggling teams, and silence his critics. His journey from being branded a 'loser' to becoming a champion manager serves as an inspiration in the unpredictable world of football management.