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News Apr 02, 2026

Rowntree Charitable Trust hires reparations expert Keon West to confront colonial-era chocolate exploitation

The Joseph Rowntree Charitable Trust has appointed social psychologist Prof. Keon West as its first…
For the first time, the Joseph Rowntree Charitable Trust (JRCT) is creating a dedicated reparations role, appointing Prof. Keon West—a Rhodes Scholar and author of The Science of Racism—to lead the effort. West, who also serves as a visiting professor at the London School of Economics and heads research at the Runnymede Trust, will begin his tenure later this month. The appointment arrives amid intensifying global calls for former colonial powers to confront historic injustices. West’s mandate is to map how enslavement, indentured labour and European imperialism fed the supply chains of Rowntree’s iconic brands such as KitKat, Fruit Pastilles and Smarties. Founded in 1904 when philanthropist Joseph Rowntree endowed the trust with profits from his chocolate and cocoa ventures, JRCT operates on Quaker principles aimed at tackling the roots of inequality. Recent research, spurred by the Black Lives Matter movement, uncovered that African and Asian workers were exploited in Rowntree’s production lines throughout the 19th and 20th centuries. Historical investigations by the Rowntree Society revealed that, while the family never directly owned enslaved people, their businesses sold commodities produced by enslaved or unfree labour as far back as 1822. The company also benefitted from the indenture system, acquiring plantations in Dominica, Jamaica and Trinidad in the 1890s to grow cocoa, bananas and other crops. Further links to colonial exploitation include purchases of cocoa from Portuguese‑controlled São Tomé and Príncipe, as well as commercial interests in Nigeria, Ghana and apartheid‑era South Africa. In the early 1980s, Black workers at the South African subsidiary Wilson Rowntree faced harsh labour suppression. In 2021, JRCT issued a public apology, stating it was “deeply sorry” for its historical connections to “abhorrent practices” and acknowledging the lasting impact of these actions on systemic racism today. West will design a comprehensive reparations programme that engages directly with affected communities—“Black people, brown people and people of colour”—to develop long‑term restorative justice strategies. He said, "I am honoured to accept this role. It offers the power and the responsibility to make real, meaningful changes in the lives of those who have been exploited." JRCT chief executive Nicola Purdy expressed enthusiasm, noting that the reparations initiative aligns with the trust’s charitable purpose of promoting peace, equality, human rights and climate action. Financially, JRCT allocated £13.5 million in grants in 2025, supporting organisations that advance its core missions. In 2023, it contributed £10,000 to an all‑party parliamentary group advocating for a formal UK apology for slavery and colonisation. The Rowntree family, alongside fellow Quaker dynasties Fry and Cadbury, were central to the British confectionery trade during the colonial era. Their brand was later acquired by Nestlé in 1988, but the trust’s new reparations focus underscores a broader reckoning with the historical foundations of the industry.
#reparations #rowntree #kitkat
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World Economy Apr 02, 2026

Trump Threatens 100% Tariffs on US Drug Makers Refusing to Lower Prices

President Donald Trump is threatening to impose 100% tariffs on US drug makers that refuse to lower…
President Donald Trump has announced a new policy threatening to impose 100% tariffs on US pharmaceutical companies that do not agree to lower their drug prices. This move is part of his effort to address the high cost of prescription medications in the US.The tariffs will specifically target branded drugs and their active ingredients, while generic drugs, which account for over 90% of medicines sold in the US, will be exempt for at least one year. Additionally, certain specialty drugs, such as orphan, veterinary, and other specialty drugs, will be exempt if they are from countries with which the US has a trade deal or meet urgent public health needs.Drugmakers that enter into pricing agreements with the White House and onshore drug production will be exempt from the tariffs. Companies planning to increase their domestic manufacturing will face a 20% tariff that will escalate to 100% over four years.The policy has been met with criticism from industry groups, such as the Midsized Biotech Alliance of America (MBAA), which argues that it creates an "unfair two-tiered system" that benefits large companies with diversified portfolios.Trump has been under pressure to lower drug prices, with US patients often paying nearly triple what patients pay in other developed nations. The announcement comes as the White House faces pressure from consumers to address rising costs amid other tariff-related price increases and high gas prices triggered by geopolitical tensions.
#trump #drug #deals
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Politics Apr 02, 2026

Labour MP Urges Starmer to Launch Global Energy Summit on Par with 2008 Crisis Response

Former Gordon Brown adviser Polly Billington calls on Prime Minister Keir Starmer to convene a worl…
Former Labour adviser Polly Billington – who served under Gordon Brown – has urged Prime Minister Keir Starmer to organise a global energy summit of the scale and urgency that marked the UK’s 2008 financial‑crisis intervention. She argues that the fallout from the US‑Israeli war on Iran is creating an energy shock “as big as the financial crash”, demanding a response of equal magnitude. Billington warned that the economic pain from soaring energy prices is “hurtling down the tracks”, threatening living standards and providing fertile ground for extremist politics. She stresses that the price surge will be neither temporary nor confined to a single region. While she praised the government’s initiative to bring together 35 nations to discuss reopening the Strait of Hormuz, Billington insists that a broader, coordinated effort is required to stabilise energy markets, protect supply chains, and accelerate the transition away from fossil fuels. “We could be bringing together allies to agree emergency cooperation to stabilise energy markets, protect supply chains, coordinate strategic reserves, and accelerate the global transition away from fossil fuels,” she told The Guardian. “Energy security is inseparable from global security; otherwise we face a ‘Hunger Games’ world of resource conflict, scarcity and coercion.” Her call comes amid growing unease among Labour MPs who fear the government is under‑reacting to the domestic impact of the war. Rising petrol prices, higher energy bills and inflation are already prompting concerns about electoral repercussions. At a recent press conference, the Prime Minister announced that the Treasury is drafting targeted support for households most affected by energy costs, should the conflict persist. Yet opposition parties are pushing divergent solutions: Reform UK and the Conservatives advocate increased domestic drilling, the Liberal Democrats propose a 10p fuel‑duty cut and VAT relief for electric‑vehicle charging, while the Greens call for universal energy‑bill support. The Scottish National Party demanded an emergency parliamentary recall, accusing the government of “sleepwalking into a crisis”. Billington argues that a true “war‑footing” approach must focus on reducing Britain’s reliance on fossil fuels. She praises the Treasury’s decision to avoid a blanket bailout, suggesting instead that households install plug‑in solar panels on balconies and gardens – likening them to Anderson shelters in the Second World War – to bolster collective resilience and lower bills. She adds that no policy option should be dismissed as “too radical”, urging the government to consider all measures that could cut exposure to gas and oil. Another Labour MP echoed the sentiment, stating that merely highlighting bill reductions is insufficient when headlines indicate that prices are set to rise sharply due to the Iran conflict. “I want to hear a concrete Labour plan,” he said. On Thursday, Liberal Democrat leader Ed Davey branded the rising fuel costs a “Trump‑Farage‑Badenoch tax”, calling for immediate action to mitigate the economic fallout of the war and keep Britain moving.
#energy #war #government
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Sports Apr 02, 2026

Washington Wizards Face Backlash for $10,000 April Fools' Prank on Fan

The Washington Wizards apologized for an April Fools' Day prank that involved a fan being led to be…
The Washington Wizards faced criticism on social media after an April Fools' Day in-game promotion during their loss to the Philadelphia 76ers. A fan was brought on to the court for a blindfolded half-court shot promoted as being worth $10,000. Although the shot missed, arena staff and performers reacted as if it had gone in and briefly presented the fan with a ceremonial check as part of a scripted skit.Video of the sequence circulated online, leading to questions about whether the fan had been misled. Critics, including Jemele Hill and Andrew Brandt, expressed outrage, with Hill calling it "unhinged" and Brandt saying it was "on-brand" for the Wizards' season.The Wizards apologized on Thursday, stating that the segment was pre-planned and that all participants were aware of the joke. The team said, "We apologize for last night's April Fools' joke that left many wondering if we had misled a fan. The skit involving our mascot and other members of our performance team was scripted and intended to celebrate the day. All participants were in on the joke, but we missed the mark."The team remains "committed to providing a positive experience to all who attend our games." The Wizards lost the game 153-131 and are 17-59 this season, dead last in the Eastern Conference.
#Washington Wizards #NBA #April Fools' Day
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Sport Apr 02, 2026

Tiger Woods arrested for DUI after Florida crash – bodycam captures his stunned reaction and pain‑killer claim

Body‑camera footage released by the Martin County Sheriff’s Office shows Tiger Woods being handcuff…
Police body‑camera video obtained by the Guardian reveals the moment Tiger Woods was handcuffed following a rollover collision in Martin County, Florida. Deputy Tatiana Levenar told the 50‑year‑old golfer that his faculties appeared impaired and placed him under arrest for driving under the influence. When Woods asked, “I’m being arrested?,” the deputy replied succinctly, “Yes, sir.” The footage also captures officers discovering a pill bottle in his pocket, which Woods identified as “a Norco,” a brand name for the prescription opioid hydrocodone used to manage his chronic back pain. Woods explained that he had been looking at his phone and changing the radio when his Land Rover struck a truck and rolled onto its side. He described the incident to deputies as “looked down at my phone, and all of a sudden – boom.” He later denied consuming alcohol, noting a negative breath test, though he refused a urine analysis. During the encounter, Woods mentioned having just spoken with “the president” on his phone, a reference that remains ambiguous. He has been linked to Vanessa Trump, former daughter‑in‑law of former President Donald Trump, who awarded Woods the Presidential Medal of Freedom in 2019. Trump, speaking to the New York Post, emphasized Woods’ ongoing physical struggles, stating, “He doesn’t have an alcohol problem, but he does have pain.” He highlighted the golfer’s extensive injury history, including multiple back surgeries and a ruptured Achilles tendon. According to Deputy Levenar’s arrest report, Woods was hiccuping and required prompting to keep his head still during field‑sobriety tests. She concluded that his observed impairment rendered him unfit to operate a vehicle safely. After a breath test showed no alcohol, Woods was released on bail eight hours later. His next court appearance is set for 5 May, where a readiness‑for‑trial hearing will be held. In a statement released on Tuesday, Woods announced he is stepping away from competitive golf to seek treatment and prioritize his health. He has not played on the PGA Tour since July 2024, though he appeared recently in the TGL indoor league he co‑founded with Rory McIlroy.
#norco #hydrocodone #golf
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Sports Apr 02, 2026

Bradford Bulls vs Leeds Rhinos: Historic Rivalry Returns to Super League

The historic rivalry between Bradford Bulls and Leeds Rhinos returns to Super League after a 12-yea…
The Bradford Bulls and Leeds Rhinos are set to reignite their historic rivalry in Super League on Friday, marking the return of a fixture that defined the competition's early years. The two West Yorkshire clubs, separated by just 15 miles, have a long-standing and intense rivalry that has been missed in recent years.Legendary figures such as Lesley Vainikolo, known as 'The Volcano' for his incredible try-scoring record, and Jamie Peacock, who captained Bradford to the 2005 title before joining Leeds, have expressed their excitement for the fixture's return. Vainikolo, now director of rugby at Wesley College in New Zealand, will be watching the game with great interest, having starred in the derby during the early 2000s.Robbie Hunter-Paul, the long-serving captain of Bradford, recalled the significance of the rivalry, stating that it was 'genuinely the closest thing you could get to a Grand Final.' The fixture's importance extends beyond the clubs themselves, with Jamie Peacock emphasizing that 'you need your rivals and you need your enemies: that's sport.'The return of this rivalry is also significant for Super League, as it features two of the competition's biggest brands. With only four English cities represented in the league, the Bradford Bulls vs Leeds Rhinos fixture has 'huge cut-through on a wider scale than most others in the competition,' according to Peacock.
#Bradford Bulls #Leeds Rhinos #Super League
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World Economy Apr 02, 2026

Blue Owl Capital Imposes Withdrawal Cap Amid $5.4bn Investor Exodus

Blue Owl Capital, a major private credit investment firm, has imposed a cap on withdrawals after in…
Blue Owl Capital, a leading private credit investment firm, has imposed a cap on withdrawals after investors attempted to redeem $5.4bn from two of its key funds. This move comes as a sign of dwindling confidence in the unregulated lending market.The New York-based firm revealed in filings that investors sought to withdraw 21.9% of the $20bn Credit Income Corp fund and 40.7% of its $3bn tech lending fund between January and March.The surge in redemption requests is attributed to growing concerns over potentially risky loans arranged by private credit firms, which operate outside the traditional regulated banking system. These firms are seen as particularly exposed to the AI spending boom.To manage the outflow, Blue Owl will limit withdrawals to 5% of the value of each fund per quarter. The firm stated that this decision was made to balance the interests of both withdrawing and remaining shareholders.Despite the increase in withdrawal requests, Blue Owl emphasized that underlying credit fundamentals across its portfolio have remained resilient. The firm attributed the surge in withdrawals to a period of heightened negative sentiment toward the asset class.The private credit industry has faced growing scrutiny over potentially weak lending standards, following a series of company failures, including Tricolor and First Brands. Regulators and industry experts have warned of potential ripple effects that could impact high street banks.The Bank of England's governor, Andrew Bailey, has cautioned against dismissing recent private credit failures as isolated incidents, citing concerns over transparency and potential risks across the sector.
#credit #blue #owl
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World Economy Apr 02, 2026

Stellantis Issues Massive Recall of 44,000 UK Vehicles Over Fire Risk

Stellantis recalls 44,000 UK vehicles due to a fault that could cause fires, affecting various mode…
European carmaker Stellantis has issued a recall for 44,000 vehicles in the UK due to a fault that could result in the cars catching fire. The issue affects certain models across its Peugeot, Citroën, DS Automobiles, Vauxhall, Lancia, Alfa Romeo, Jeep, and Fiat brands, produced between 2023 and 2026.The fault is related to a lack of clearance between the gas filter pipe and a component of the belt starter generator, which could cause water to leak into the engine bay during wet driving conditions. This creates a potential risk of fire in the engine.In response, Stellantis will immediately contact affected car owners to schedule a free appointment with their dealer. This recall comes as the company faces challenges, including a €22bn charge and the sale of a stake in its battery joint venture due to slower-than-expected growth in electric vehicles.The recall is a significant setback for Stellantis, which had previously planned to launch an electric truck, the Ram 1500 BEV. Meanwhile, sales of electric vehicles in Europe have soared, but demand in the US has collapsed following the withdrawal of a consumer tax credit.In contrast, rival Jaguar Land Rover (JLR) reported a recovery in sales over the past quarter, with a 61.1% jump in sales to 95,300 vehicles. However, quarterly sales were still down 14.5% compared to the same period a year earlier, largely due to a cyber-attack that halted production.
#stellantis #peugeot #vauxhall
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World Economy Apr 02, 2026

Allbirds, Once Valued at $4bn, Sold for $39m as Sustainable Shoe Brand Struggles

Allbirds, a San Francisco-based sustainable shoe brand once valued at over $4bn, has been sold to A…
Allbirds, the sustainable trainer brand from San Francisco, has been sold to American Exchange Group for $39m (£29.6m). The brand was once valued at over $4bn but struggled to maintain demand for its wool-based footwear.The company's value tumbled by more than 99% since its listing on the US stock market in 2021. Allbirds had enjoyed rapid success in its early years, selling over 1m pairs of its original merino wool trainers in the first two years after its launch in 2016.Celebrities such as Leonardo DiCaprio, Oprah Winfrey, Gwyneth Paltrow, and Barack Obama were early adopters of the brand. However, the company's success was short-lived, and it eventually slipped into losses as competition intensified from eco-focused rivals.Neil Saunders, managing director of GlobalData, described Allbirds' downfall as going from 'a high flyer to a dead parrot.' The company's co-founder, Tim Brown, and engineer Joey Zwillinger had launched Allbirds amid growing interest in sustainable fashion.The takeover follows a sharp fall in sales in the third quarter of 2025, with a 23% decline to $33m and a $20.3m loss. Allbirds had been steadily closing stores since 2023 and announced the closure of all but two of its remaining 20 US stores.Joe Vernachio, CEO of Allbirds, stated that the next chapter for the brand will 'build on the foundational work already completed and set up the brand to thrive in the years ahead.'
#allbirds #brand #company
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