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World Economy Apr 13, 2026

UK households face £480 income hit as Iran‑triggered energy surge slashes living‑standard gains

The Resolution Foundation warns that soaring energy costs linked to the Iran conflict will erase ro…
Rising energy costs stemming from the Iran war are set to deliver a sharp blow to British living standards, with the Resolution Foundation estimating that the average working‑age household could lose about £480 in income this year. Before the conflict began, the think‑tank projected a modest 0.9% rise in household earnings. Market‑driven energy price spikes have now pushed that forecast into a -0.6% decline, effectively turning a gain into a loss. Oil and gas markets have reacted dramatically: Brent crude has surged back above $100 per barrel (£74), while analysts such as JPMorgan Chase expect prices to stay elevated through the current quarter, with Goldman Sachs revising its Brent outlook to an average of $90 per barrel in Q2. For the poorest fifth of households, the outlook is equally grim. Expected income growth has been trimmed from 2.8% to 1.2%, despite a long‑overdue real‑terms increase in benefits for some low‑income families. Families with three or more children stand out as a relative bright spot. The abolition of the two‑child limit is projected to generate a 7.7% income boost for this group, contrasting with zero growth for poorer families with fewer children. Energy bills are also poised to climb this summer, erasing the £117 average savings households enjoyed after the regulator lowered the energy price cap in April, according to Jonathan Marshall, the foundation’s principal economist. In response, the Resolution Foundation is urging the UK government to fast‑track a social tariff before winter, aiming to shield the most vulnerable households from the worst of the price shock. James Smith, chief economist at the foundation, warned that “while hopes for sustained peace persist, the path of this conflict remains uncertain and energy prices stay well above pre‑war levels, meaning many households face a decline in purchasing power this year.” He added that “de‑escalation is welcome, but the damage to household finances is already largely done; the government should act now to prepare a social tariff that reaches households falling through the cracks this winter.”
#year #households #energy
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Sport Apr 13, 2026

Australian teen Gout Gout breaks 20‑second barrier with 19.67s 200m, sets sights on Usain Bolt’s record

Eighteen‑year‑old Australian sprinter Gout Gout ran a legal 19.67 seconds for 200 m at the Sydney n…
Australian sprint prodigy Gout Gout stunned the athletics community on Sunday at the national championships in Sydney, clocking a legal 19.67 seconds over 200 m. The performance not only smashed his own previous national record of 20.02 seconds but also made him the first Australian to dip below the coveted 20‑second barrier. Gout’s coach and mentor, Di Sheppard, summed up the achievement with a wry grin: “How long’s a piece of string?” – a nod to the seemingly limitless potential the teenager now displays. The run placed Gout ahead of his compatriot Aidan Murphy, who finished a close second, and sparked immediate comparisons with Jamaican legend Usain Bolt. While Bolt’s all‑time best stands at 19.19 seconds (set in 2009), Gout’s 19.67 at the age of 18 already eclipses the Jamaican great’s performance at the same age, according to his camp. Only one other under‑20 athlete has ever posted a faster time – Erriyon Knighton – whose 2022 effort remains unratified after a subsequent ban. James Templeton, the 18‑year‑old’s manager, said the result was “thrilling but not shocking”, recalling that Gout ran 19.84 seconds the previous year with a marginal wind assistance, a time the team always considered his realistic benchmark. Gout himself has been fixated on breaking the sub‑20 mark ever since an illegal run earlier in his career. “I wrote down 19.75 and kept telling myself I’d hit it,” he explained. “Then I hit 19.67 – gotta love it.” Despite the historic run, the teenager shows no intention of slowing down. “I’ve just turned 18, so I definitely think I can go faster,” he said. “It’s about building consistency and there’s no pressure – I’m the only one out there.” Looking ahead, Gout will compete in the under‑20 junior championships this week, opting to skip the 200 m in Queensland and focus on the 100 m. He will then travel overseas for a high‑profile showdown with Olympic champion Noah Lyles over 150 m at the Golden Spike meet in Ostrava, scheduled for June. Should Gout continue his upward trajectory, the athletics world may soon witness a new challenger to Bolt’s long‑standing age‑group record, reshaping expectations for the next generation of sprint talent.
#quot #div #gout
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Sports Apr 13, 2026

Rory McIlroy Sets Sights on New Milestones After Historic Back‑to‑Back Masters Triumph

Rory McIlroy became only the fourth player to win consecutive Masters titles, securing his sixth ma…
Rory McIlroy has joined an elite club by defending his Masters crown at Augusta National, becoming just the fourth golfer ever to win the tournament back‑to‑back. The Northern Irish star edged out world No. 1 Scottie Scheffler by a single shot, marking his sixth major championship and cementing his place in golf history. Speaking after the victory, McIlroy emphasized that the win is a stepping stone, not a final destination. “I just won my sixth major and I feel like I’m in a really good spot with my game and my body,” he said. “I still have things I want to achieve and I want to enjoy the journey.” His parents, Rosie and Gerry, who missed the 2025 ceremony, were present this year, adding a personal dimension to the triumph. “It’s amazing to have them here,” McIlroy remarked, noting that their presence reinforced his motivation and gratitude. Despite the celebratory mood, McIlroy’s performance was far from flawless. He hit only 55% of fairways and recorded 48 of 72 greens in regulation over four rounds. A six‑shot lead after 36 holes evaporated by the 54‑hole mark, and a wayward drive into the trees on the final tee underscored the pressure he faced. Reflecting on the difficulty of the feat, McIlroy admitted, “I don’t make it easy. I used to win by eight shots in my early 20s. This year I realised it’s just really difficult to win the Masters.” He described the moment of uncertainty on the 18th tee as “the greatest stress,” highlighting the thin margin between victory and defeat. Looking ahead, McIlroy signaled that his ambitions extend beyond the Masters. While he plans to take a brief break, he dismissed the notion of a post‑victory lull, stating, “I don’t think I’ll go through that lull of motivation… I still want to enjoy it as well.” With his back‑to‑back Masters titles now secured, the golfer’s next targets remain speculative, but his confidence suggests a continued push for further major victories and possibly a career Grand Slam.
#Rory McIlroy #Masters Tournament #Augusta National Golf Club
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Sports Apr 12, 2026

Neymar's World Cup Hopes Hang in the Balance: Ancelotti Sets Fitness Deadline

Brazil coach Carlo Ancelotti has left the door open for Neymar to join the 26-man squad for the FIF…
Brazil coach Carlo Ancelotti has not ruled out the possibility of Neymar Jr earning a spot in his 26-man squad for the FIFA World Cup, giving the forward two months to demonstrate he has the necessary qualities.Ancelotti has consistently stated that Neymar will be in contention if he is fully fit, but the attacker was omitted from Brazil's squad for last month's warm-up matches against France and Croatia.Neymar, Brazil's all-time leading scorer with 79 goals, has not played for the national team since suffering a serious knee injury in October 2023 and has struggled to maintain a consistent run of matches since returning to Santos last year.Ancelotti has suggested that Neymar remains part of his thinking as Brazil assess their options in the run-up to the World Cup, which takes place from June 11 to July 19 in the United States, Canada, and Mexico.“He’s a great talent, and it’s normal that people think he can help us win the next World Cup,” Ancelotti said in an interview with French newspaper L’Equipe.“He’s currently being evaluated by the CBF [Brazilian Football Confederation], by me, and he still has two months to show that he has the qualities to play in the next World Cup.“After his knee injury, Neymar has made a good comeback; he’s scoring goals. He needs to continue in this direction and improve his fitness. He’s on the right track.”Brazil are in Group C alongside Morocco, Haiti, and Scotland in the World Cup and will begin their campaign on June 13 in New Jersey.
#brazil #neymar #football
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Politics Apr 12, 2026

UK Government Prepares Bill to Adopt EU Single Market Rules Using Henry VIII Powers, Bypassing Full Parliamentary Vote

The UK government is drafting legislation that would allow ministers to align British regulations w…
Britain’s cabinet is set to introduce a sweeping bill that would let ministers dynamically align UK regulations with EU single‑market rules using so‑called Henry VIII powers. The proposal would enable the government to adopt evolving EU standards in sectors such as food, drink, automotive and emissions trading without the need for a separate parliamentary vote on each change.The legislation is tied to the forthcoming food and drink trade deal with the EU, which the government claims will generate £5.1 billion a year for the British economy. By granting ministers the ability to implement new EU rules through secondary legislation, the bill aims to cut red tape, lower costs for businesses, and accelerate the rollout of trade agreements.Under the proposed framework, Parliament would retain the ability to approve or reject secondary legislation but would not be able to amend it. Critics warn this could turn MPs into mere "rubber‑stamps" for EU‑aligned regulations, limiting democratic scrutiny and potentially provoking retaliatory measures from the EU if the UK blocks such instruments.Political analysts note that the move comes amid heightened geopolitical tension following the United States’ war with Iran, which has exposed the fragility of Britain’s special relationship with Washington. Ministers argue that deeper regulatory alignment with the EU will add billions to the UK economy, mitigate the cost of the conflict, and address the “sluggish productivity” that has plagued the post‑Brexit era.Economic forecasts from the Office for Budget Responsibility (OBR) underscore the stakes: Brexit is projected to cut long‑run productivity by 4 % and shrink both exports and imports by 15 % compared with a scenario where the UK remained in the EU. Proponents of the bill contend that aligning with EU standards without re‑joining the customs union or single market will help reverse these losses while respecting political red lines on sovereignty and freedom of movement.Opposition parties, including hard‑Brexit advocates and the Liberal Democrats, have signalled they will challenge the bill, particularly in the House of Lords. The government acknowledges that while the Commons is unlikely to reject the proposal, the Lords could pose a significant obstacle.Academic voices, such as Prof Anand Menon of the think‑tank UK in a Changing Europe, caution that the approach amounts to “integration with the EU by stealth,” stripping the UK of a vote on the rules it will be forced to follow. He describes the situation as “the ugly trade‑off of Brexit,” where political control is sacrificed for economic access.Supporters counter that the bill will streamline the implementation of existing and future agreements, with any regulatory disputes to be settled by an independent tribunal rather than an EU court. They argue this balances the need for swift economic action with the preservation of constitutional safeguards.Prime Minister Keir Starmer has framed the initiative as part of a broader “reset” of UK‑EU relations, emphasizing a strategic partnership that deepens trade and defence cooperation while avoiding a return to the customs union or single market membership. The government stresses that Parliament will still play its “full constitutional role” in scrutinising the legislation.
#UK Government #Henry VIII powers #EU single market
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Technology Apr 12, 2026

AI Companies' PR Push: Can Funding Policy Papers and Thinktanks Improve Their Image?

Major AI companies like OpenAI and Anthropic are investing in policy papers, thinktanks, and lobbyi…
OpenAI, a leading AI company, has recently released a 13-page policy paper titled 'Industrial Policy for the Intelligence Age,' which calls for a reimagining of the social contract around 'a slate of people-first ideas.' This move is part of an aggressive effort by major AI players to reshape the narrative around their industry, as public disapproval of AI is increasing.OpenAI's paper proposes ideas such as a four-day workweek and a public wealth fund that would return profits directly to citizens. While the company presents these ideas as a starting point for a broader conversation, critics argue that they are more of a public relations ploy than a genuine policy document.OpenAI spent nearly $3m on lobbying in 2025, and its president, Greg Brockman, co-founded a pro-AI Super Pac that raised more than $125m last year. The company is also backing a bill in Illinois that would shield AI firms from liability in cases where an AI model causes serious societal harms.Critics argue that these efforts are aimed at undermining independent efforts to regulate the industry and that the company's proposals shift responsibility away from the company and towards the public and lawmakers. As public distrust of AI grows, the industry is looking for ways to reframe the debate and influence regulation.A Pew Research Center survey found that only 16% of Americans believe that AI will help people think more creatively, while only 5% of Americans believe it will help people better form meaningful relationships. An NBC News poll found that only 26% of voters had a favorable opinion of AI, with a net negative rating.
#openai #public #industry
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Sport Apr 12, 2026

Gout Gout Shatters 200m National Record with Blistering 19.67sec at Australian Championships

Teenage sprint sensation Gout Gout has broken his own 200m national record with a stunning 19.67sec…
Gout Gout, the 18-year-old sprint phenomenon, has made history by smashing his own national 200m record with a remarkable time of 19.67sec at the Australian Athletics Championships in Sydney. This achievement marks him as the first Australian to break the 20-second barrier in legal conditions.Previously, Gout held the national record with a time of 20.02sec and had run a wind-assisted 19.84sec (+2.2m/s) at the same championships last year. However, his recent performance has eclipsed both previous records, showcasing his exceptional speed and endurance.Gout's victory was closely contested, with Aidan Murphy pushing him deeply into the straight, finishing with a commendable 19.88sec and a tailwind of +1.7m/s. This performance by Murphy is notable as it ranks as the second-best 200m time by an Australian.The event saw a significant moment as Lachlan Kennedy, the 100m champion, withdrew from the 200m event on Sunday morning. Kennedy's absence meant that fans missed a highly anticipated rematch between him and Gout Gout, which was expected to be a highlight of the championships.Gout's achievement is all the more impressive considering he finished school at the end of last year to focus full-time on training. His dedication appears to be paying off, as he mentioned, “I definitely think the training’s been working, and the training’s been proving to me that I can run fast.”This record-breaking performance has catapulted Gout into the top 20 fastest 200m runners of all time, demonstrating his potential for future international competitions.
#gout #kennedy #his
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Sports Apr 12, 2026

McIlroy Seeks 'Free' Mindset in Masters Final Round

Rory McIlroy aims to regain his form in the final round of the Masters after losing his six-stroke …
Rory McIlroy is looking to regain his form and mindset in the final round of the Masters, following a challenging third round that saw him lose his six-stroke lead. McIlroy, the defending champion, carded a one-over par 73, which allowed Cameron Young to close the gap and tie for the lead heading into the final round.McIlroy believes that a 'free' state of mind will be crucial in the final round. He reflected on his 2025 Masters victory at the same venue, hoping to draw confidence from that experience. 'I'd like to think that I'll play a little bit freer and I'll play, like I've already got a Green Jacket, which I do,' McIlroy said. 'Sometimes I maybe just have to remind myself of that.'McIlroy plans to work on his swing at Augusta National's driving range to iron out kinks that affected his game during the third round. He knows he needs to improve significantly to retain his chances of winning. 'There's a long way to go,' McIlroy added. 'This golf course has a way of, when you're not quite feeling it, you struggle.'Cameron Young, who shot an impressive 65 in the third round, is also in contention. Young is seeking to emulate McIlroy's achievement of winning the Players Championship and Masters within a short period. However, he downplayed the significance of this potential historical parallel, emphasizing that his past results do not guarantee future success.The final round pairing will feature McIlroy and Young, which McIlroy described as a 'comfortable group' for both of them. McIlroy concluded, 'I'm still tied for the best score going into tomorrow, so I can't forget that, but I do know I'm going to have to be better if I want to have a chance to win.'
#Rory McIlroy #Masters Tournament #Augusta National Golf Club
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Sports Apr 11, 2026

Teenager Rio Ngumoha Powers Liverpool to First League Victory Since February, Becoming Anfield’s Youngest Scorer

Liverpool ended a six‑game winless streak with a 2‑0 triumph over Fulham, highlighted by 17‑year‑ol…
After a turbulent week that saw Liverpool suffer cup defeats to Manchester City and Paris Saint‑Germain, manager Arne Slot finally found a morale boost when 17‑year‑old winger Rio Ngumoha opened the scoring on his second Premier League start. Ngumoha’s strike, followed by a second‑half finish from Mohamed Salah, secured Liverpool’s first league win since February. Fulham, under Marco Silva, were passive and struggled to create clear chances, allowing Liverpool to dominate possession and reach the historic milestone of 1,500 league victories at Anfield. The win marked only the second triumph in six matches after a demanding Champions League away fixture, offering a needed lift before the upcoming quarter‑final second leg against PSG. Slot praised Ngumoha’s performance, saying, "He has a special quality that you don’t see very often in football any more – dominating the one‑on‑one." The manager added that the teenager’s power and finishing have been evident in training, making his impact on the pitch "pleasing". Outside the stadium, a banner reading ‘No to ticket price increases’ was displayed on the Kop, reflecting fan unrest after the club announced ticket hikes tied to inflation for the next three seasons. The protest underscored concerns that Liverpool could alienate its traditional fanbase in favour of a more tourist‑focused model. The opening half saw early chances from Jeremie Frimpong and Salah, but it was Ngumoha who changed the complexion of the game. After a loose ball from Florian Wirtz, Ngumoha received the ball on the left, dazzled Timothy Castagne with a series of step‑overs, and curled a precise shot around Joachim Andersen into the far corner. The goal was historic: at 17 years and 225 days, Ngumoha became Liverpool’s youngest league scorer at Anfield, breaking a 14‑year record previously held by Raheem Sterling. The achievement highlighted the club’s emerging talent pipeline at a time when senior players are under intense scrutiny. Slot hinted that Ngumoha could feature in the upcoming Champions League tie, noting, "I think he’s ready. The question is can he do it again two days later? But would he be able to perform at that level? Yes." The manager’s confidence reflects a strategic shift as he balances youth integration with the demands of elite European competition. Six minutes after the break, Ngumoha assisted Cody Gakpo, whose cross was turned home by Salah for Liverpool’s second goal, cementing a comfortable two‑goal cushion. Fulham attempted to revive their game with substitutions, introducing Emile Smith Rowe and Sasa Lukic, but Liverpool’s dominance persisted. A further setback for Liverpool came when Curtis Jones suffered a groin injury, forcing a halftime substitution and likely ruling him out of the PSG match. Silva admitted his side’s lack of aggression, stating, "The game was decided in five minutes and by our approach in the first half." The result not only restores confidence for Liverpool but also sets the stage for a high‑stakes encounter with the European champions.
#Rio Ngumoha #Liverpool FC #Fulham FC
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