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World Economy Apr 08, 2026

John Lewis Partnership CEO's Pay Soars to £1.2m Amid 3,300 Job Cuts

The CEO of John Lewis Partnership, Jason Tarry, received a 21% pay increase to £1.2m despite the co…
Jason Tarry, the CEO of John Lewis Partnership, which owns John Lewis and Waitrose, saw his basic pay rise by 21% to £1.2m in the year to January. This increase comes as the retailer announced significant job cuts, with 3,300 positions eliminated.Tarry's total pay package, including a £22,700 annual bonus, reached almost £1.26m. This substantial increase is part of a broader restructuring effort at the company, which has been facing challenges in the retail sector.The John Lewis Partnership, a staff-owned business, has been undergoing significant changes, including reducing its workforce from 69,000 to 65,700 employees. The company has attributed most of the reduction to natural attrition, with fewer than 0.5% of partners leaving through redundancy.Despite the job cuts, the total pay for key management, including directors, remained steady at £8m. Tarry was the highest-paid director, reflecting his combined role as chairman and CEO.The company has been exploring ways to operate more efficiently, including the use of electronic shelf labels and AI technology. However, it has not commented on potential future job cuts.In a positive note, John Lewis Partnership paid an annual bonus to workers in March for the first time in four years, following a 6% rise in underlying profits. Each worker, including Tarry, received a bonus equivalent to 2% of their salary.
#year #pay #john
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Business Apr 08, 2026

Shell Sees Soaring Oil Trading Profits Amid Iran Crisis, But Qatar Strikes Hit Gas Output

Shell expects significantly higher profits from its commodity trading desks in Q1 due to market vol…
Shell is poised to report a substantial increase in profits from its commodity trading activities in the first quarter, driven by recent market volatility sparked by the Iran crisis. The energy giant's chemicals and products unit, which encompasses its primary oil trading desk, is expected to see a significant boost in trading results.The company's trading windfall is particularly notable in its renewable energy division, with predicted earnings ranging from $200m to $700m in the first quarter, up from approximately $100m in the previous quarter. This surge is attributed to the historic price rises in oil and gas markets following Iran's retaliation to US-Israeli aggression, which included throttling energy trade through the Strait of Hormuz and launching strikes against key energy infrastructure in the Gulf region.However, Shell's gas production is expected to decline by about 5% to between 880,000 and 920,000 barrels of oil equivalent per day, compared to 948,000 in the fourth quarter, due to the impact of the Middle East conflict on its assets in Qatar. A strike damaged Shell's assets at the Ras Laffan liquified natural gas (LNG) complex in Qatar, contributing to the expected decline.Despite these challenges, Shell's boss, Wael Sawan, has warned that Europe could face an energy and fuel shortage in April without a reopening of the Strait of Hormuz. The company is working with governments to address the oil and gas supply crisis, which has already led to energy rationing in some Asian countries.
#Shell #Iran crisis #Qatar strikes
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Health Apr 08, 2026

The Black Death: A Pandemic that Shaped Human History

A review of Thomas Asbridge's book 'The Black Death: A Global History', which explores the impact o…
The Black Death, which occurred between 1346 and 1353, was a pandemic that killed an estimated 100 million people, making it the most lethal natural disaster in human history. Historian Thomas Asbridge argues that the plague was more global than previously thought, affecting not just Europe but also the medieval world, including Sicily, Egypt, Syria, Spain, Sweden, and Russia.In his book, 'The Black Death: A Global History', Asbridge explores the social and economic impact of the pandemic, including the rise of antisemitism and the blaming of Jews for the plague, which led to massacres and persecution. He also examines the long-term consequences of the pandemic, including the end of serfdom and the weakening of the Byzantine Empire.Asbridge's work is based on a thorough analysis of contemporary chronicles and bureaucratic records, which provide a vivid picture of life during the pandemic. He also highlights the resilience of society during this time, with most people continuing to work and care for their loved ones, even in the face of overwhelming death and destruction.The book is a magisterial survey of the Black Death, offering a comprehensive and engaging history of one of the most significant events in human history. Asbridge's work is a timely reminder of the ongoing threat of pandemics and the importance of understanding their impact on human society.
#Black Death #Thomas Asbridge #Yersinia pestis
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World Economy Apr 08, 2026

Egypt Cuts Fuel Consumption Amid Global Energy Crisis

Egypt implements measures to save fuel amid a global energy crisis triggered by the US-Israel war o…
The ongoing conflict between the US, Israel, and Iran has led to a significant disruption in global fuel supplies, causing a surge in energy prices. The Strait of Hormuz blockade and air strikes on key energy facilities in the Gulf have resulted in a nearly complete halt to shipping through the strait, which is a critical route for oil and liquefied natural gas (LNG) exports. Egypt's government has announced several measures to mitigate the impact of the crisis on its energy resources. These include reducing fuel allocations for government vehicles by 30 percent, cutting street lighting and advertisement lighting by 50 percent, and implementing 9pm shutdowns for shops, malls, and restaurants from March 28, except on Thursdays and Fridays. Additionally, eligible employees will work remotely on Sundays starting April 1, with some essential services exempted from this policy. The country's energy import bill has increased from $1.2bn in January to $2.5bn in March, putting pressure on Egypt's economy, which is already heavily indebted. The government has also raised fuel prices by 14-30 percent to manage demand and conserve state energy resources. Other countries are also taking steps to conserve energy. Malaysia has ordered civil servants to work from home, while Pakistan has imposed restrictions on market and shopping mall operating hours. Bangladesh has reduced working hours for government and private workers, and Sri Lanka and Slovenia have introduced fuel rationing and purchase limits to manage shortages and soaring costs.
#energy #egypt #oil
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Film Apr 07, 2026

Joe Eszterhas: From Hollywood High to Basic Instinct Reboot

Acclaimed screenwriter Joe Eszterhas, known for hits like Basic Instinct and Flashdance, discusses …
Joe Eszterhas, the swaggering pitchman of 80s and 90s Hollywood, has lived a life of excess and creativity. He wrote hits like Jagged Edge and co-scripted Flashdance, earning a then-record $3m for his Basic Instinct screenplay.Eszterhas's life story is a harrowing, rollicking immigrant's tale that whisks its hero from his birth in war-torn Hungary through the refugee camps of Allied-occupied Austria to the US rust belt. He covered the Kent State massacre as a cub reporter and interviewed Charles Manson in prison.Now 81, Eszterhas is plotting a Hollywood comeback with a rebooted Basic Instinct. He received a reported $2m from Amazon MGM studios for his script and stands to make a further $2m if and when it is filmed. The new story juggles copycat serial killers with elements of the supernatural.Eszterhas has always relished a good public scrap, and his reboot is described as anti-woke. This has sparked concerns that he may be co-opted and become a political football. However, Eszterhas insists that he is not afraid of controversy and sexuality.Despite his past struggles with drinking and drugs, Eszterhas has been clean and sober for decades. He has written a 750-page memoir, Hollywood Animal, and told his Tinseltown war stories on a recent multi-part media podcast, Ugly, Irresponsible, & Childish.
#hollywood #film #reboot
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Environment Apr 07, 2026

Nature's Harmony Disrupted: Council's Plans Threaten Biodiverse Haven

A wood in Buxton, known for its rich biodiversity and vibrant dawn chorus, faces threats from devel…
In the heart of Buxton lies a remarkable wood, a self-willed and entangled haven of willows and birch, teeming with life. This site, boasting a species list of 870, primarily composed of insects, has become a beacon of biodiversity. The wood's diversity is largely attributed to the presence of willows and birch, two pioneer trees known for their invertebrate-friendly nature.The connection between insect abundance and birdsong is well-established, as the music of birds is fueled largely by invertebrate protein. A recent dawn-chorus walk in the area revealed 20 early spring vocalists, including song and mistle thrushes, dunnocks, wrens, bullfinches, and greenfinches, many of which are red- or amber-listed by the British Trust for Ornithology.However, the term 'dawn chorus' can be misleading, as the songs begin as early as 3:40 am and reach their peak around 4:30 am, long before the first light of dawn. The birds sing to proclaim territories and entice partners, leading to a complex harmony of competing voices. This phenomenon is beautifully described by Bernie Krause in his book The Great Animal Orchestra, which explores how the soundscape of any place reflects a kind of collective harmonizing among its inhabitants.It is disheartening, therefore, that High Peak borough council's plans threaten to disrupt this harmony. Despite declaring a nature emergency, the council appears unwilling to protect Hogshaw wood, instead considering it for a 'land bank' for development. This decision is particularly concerning given that the site is largely owned by the council and is one of the richest in nature in the area. The question remains: what is the meaning of declaring a nature emergency if it is not backed by concrete actions to protect and preserve our natural treasures?
#Buxton #Buxton Council #DEFRA
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Sports Apr 07, 2026

Chelsea signals readiness to restore Enzo Fernández as captain after two‑match ban for Real Madrid comments

Chelsea are prepared to let midfielder Enzo Fernández resume captaincy duties despite a two‑game su…
Chelsea have indicated they are open to re‑appointing Enzo Fernández as captain this season, even though the Argentine midfielder served a two‑match ban after suggesting he would prefer to live in Madrid and praising former Real Madrid stars Luka Modrić and Toni Kroos. The £106.7 million midfielder was suspended by head coach Liam Rosenior for the FA Cup victory over Port Vale and the subsequent Premier League clash with Manchester City, after Rosenior deemed his remarks a breach of club discipline. While external observers often label Fernández as Chelsea’s de‑facto vice‑captain, the club’s internal hierarchy treats him as one of several co‑captains within a broader leadership group. He has not been formally granted seniority over teammates such as Moisés Caicedo, who is expected to wear the armband against City while Reece James recovers from a hamstring injury. Club insiders stress that Fernández’s “alpha” personality naturally positions him to step into the captain’s role when James is unavailable, but no official decision on the vice‑captaincy has been required so far. Beyond the disciplinary issue, the midfielder’s future remains uncertain. Real Madrid have placed him on a shortlist as they look to overhaul their midfield, yet they are unlikely to meet Chelsea’s asking price of around £100 million. Fernández’s contract runs until 2032, and his agent Javier Pastore warned that the player will explore options if a new deal is not secured after the World Cup. Pastore also criticised the two‑game ban as unfair, while Chelsea maintain the punishment was necessary to curb public dissent and protect club unity. The owners and sporting directors have made it clear that private feedback is acceptable, but public criticism will not be tolerated. With Chelsea currently sixth in the Premier League and still reeling from a Champions League exit at the hands of Paris Saint‑Germain, the club faces a crucial period. They must balance a push for Champions League qualification, upcoming FA Cup semi‑finals against Leeds, and the ongoing contract and transfer saga surrounding one of their most influential players.
#Chelsea #Enzo Fernández #Real Madrid
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Entertainment Apr 07, 2026

François Ozon's The Stranger: A Modern Take on Camus's Classic

François Ozon's monochrome adaptation of Albert Camus's novella L'Etranger, starring Benjamin Voisi…
François Ozon's The Stranger is a lustrously beautiful and superbly realised modern take on Albert Camus's classic novella L'Etranger. Set in 1940s French Algeria, the film follows the story of Meursault, a sensitive white European who commits a racist act under the unbearable noonday sun.The film, shot in Morocco, boasts an almost supernaturally detailed sense of period and place. Ozon's adaptation brings a contemporary perspective to the book's themes of empire and race, making changes that include a critique of the original text. This approach perhaps loses some of the source material's brutal, heartless power and arguably some of the title's meaning.Meursault, played by Benjamin Voisin, is portrayed as a character with an unreadable expression of listless unconcern. His story unfolds through flashbacks, showing his dull office job in Algiers, his blank reaction to his mother's death, and his relationship with Marie, played by Rebecca Marder.The film's climax features Meursault's fatal encounter with the vengeful brother of Raymond's girlfriend, Djemila. When asked for a motive, Meursault simply says: “C’était à cause du soleil” – “It was because of the sun”. This response highlights the absurdity of the situation and the racist undertones of the act.Ozon's adaptation softens the argument presented in Camus's original work, and Meursault is ultimately condemned to death. The film emerges as a passionate act of ancestor worship in honour of a renowned French artwork, while also critiquing the original text and its representation of imperialism.
#François Ozon #Albert Camus #L'Etranger
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News Apr 07, 2026

Trump's Threat to Crush Iran's Power Grid Raises Stakes for Strait of Hormuz and Regional Energy Security

President Donald Trump has warned Iran that failure to reopen the Strait of Hormuz by a set deadlin…
President Donald Trump issued an ultimatum demanding that Iran reopen the Strait of Hormuz by 8 p.m. Eastern Time on April 7 (midnight GMT on April 8) or face the destruction of national power plants and major bridges.This demand mirrors a March 21 warning in which Trump threatened to strike Iran’s power plants – “the biggest one first” – if the waterway was not fully reopened within 48 hours.Since then, the deadline has been extended several times, with the White House citing progress in secret negotiations aimed at ending the ongoing conflict, a claim Iran publicly denies.While Trump has repeatedly declared that Iran would “lose every power plant and every other plant they have in the whole country,” he has not identified specific facilities as targets.The president has also threatened to demolish Iran’s bridges; a recent U.S.–Israeli strike damaged the B1 bridge in Karaj, a high‑profile structure slated for inauguration, underscoring the tangible risk to civilian infrastructure.Legal analysts warn that such attacks could constitute “collective punishment,” a practice prohibited under international humanitarian law.Iran’s electricity network comprises hundreds of power stations that together form one of the Middle East’s largest grids, supplying power to approximately 92 million people. Most facilities cluster around major population centres—Tehran, Mashhad, and Isfahan—where demand is highest.The generation mix is dominated by natural‑gas‑fired plants, supplemented by coal, oil, hydro, and a single nuclear facility. In the north and centre of the country, dense clusters of gas‑fired stations serve Tehran, Karaj, Isfahan and Mashhad.Along the Gulf coast, a second concentration of plants benefits from proximity to vast gas fields and ports, enabling large thermal stations to operate on abundant natural gas. This coastal belt also hosts the Bushehr Nuclear Power Plant, Iran’s only nuclear reactor with a capacity of 1,000 MW, a site that has been repeatedly targeted by U.S. and Israeli forces, raising concerns about potential radioactive fallout.Hydropower generation is centred on a series of dams along the Karun River, the country’s primary source of hydroelectric power.All electricity is transmitted through a national grid managed by the Iran Grid Management Company, delivering power to cities, industry and households.A map of Iranian power stations with capacities of 100 MW or more shows that a single 100 MW plant can typically supply electricity to 75,000–100,000 homes, depending on consumption patterns.The nation’s largest facility is the Damavand Power Plant in Pakdasht, about 50 km southeast of Tehran, boasting a capacity of 2,868 MW—enough to energise more than two million homes.Key high‑capacity plants include:Damavand (Pakdasht) – Natural‑gas combined‑cycle, 2,868 MW.Shahid Salimi – Neka, Caspian Sea coast, natural gas, 2,215 MW.Shahid Rajaee – Near Qazvin, natural gas, 2,043 MW.Karun‑3 Dam – Khuzestan Province, hydropower, 2,000 MW.Kerman – Natural gas, 1,912 MW.Other strategically important stations are the Ramin Power Plant (1,903 MW, gas), the Bushehr Nuclear Power Plant (1,000 MW, nuclear), and the Bandar Abbas Power Plant (1,330 MW, oil) near the Strait of Hormuz.Iran’s electricity generation is heavily fossil‑fuel dependent: in 2025, 86 % of power came from natural gas, 7 % from oil‑fired plants, about 5 % from hydropower, 2 % from nuclear, and less than 1 % from solar and wind. This makes Iran one of the world’s most gas‑reliant power systems.Targeting the grid would therefore cripple energy supply for millions, disrupt industrial output, and could trigger a humanitarian crisis, while also escalating geopolitical tensions in an already volatile region.
#power #iran #plants
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