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Business Mar 24, 2026

Royal Mail Owner Daniel Křetínský Defends Service Amid Criticisms

Czech billionaire Daniel Křetínský, owner of Royal Mail's parent company, defended the postal servi…
Daniel Křetínský, the Czech billionaire who acquired Royal Mail's parent company for £3.6bn last year, has pushed back against criticisms that the service has declined under his ownership. Despite heavy criticism of late deliveries and price rises, Křetínský insisted that service has not deteriorated. In a defensive performance before MPs on the business select committee, Křetínský said he was “deeply sorry” for any letters that arrive late. Since his takeover, Royal Mail has faced trade union disputes over working conditions, raised first-class stamp prices from £1.70 to £1.80, and delivered 16m Christmas letters late. Křetínský disputed a string of complaints, including that service is getting worse and that more lucrative parcels are being prioritized over letters. He argued that the UK's expectations for next-day delivery at relatively low prices are comparatively high compared to other European countries. For instance, he noted that in Italy, first-class letters cost €5.50 (£4.76) and regulators only require delivery targets to be met 80% of the time. With a week to go until Royal Mail’s service targets are reduced by the regulator Ofcom, Křetínský emphasized that the UK’s expectations remain far higher than those in other European countries. From next week, Ofcom will ease pressure on the postal service by lowering Royal Mail’s targets under the so-called “universal service obligation.” It will only require delivery of 90% of first-class mail within one working day (instead of 93%) and 95% of second-class mail within three days (instead of 98.5%). The committee’s chair, Liam Byrne, began the session by stating that Royal Mail is on track to deliver 220m letters late this year out of a total of 5.6bn. Křetínský denied that the service was prioritizing more profitable parcels over letters, attributing any instances of this to crisis moments rather than policy.
#Royal Mail #Daniel Křetínský #International Distribution Services
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World Economy Mar 24, 2026

UK Veterinary Sector Faces Crackdown on Prescription Fees and Transparency

The UK's Competition and Markets Authority (CMA) has ordered vets to cap prescription fees and prop…
The UK's Competition and Markets Authority (CMA) has taken a significant step to address concerns over the rising costs of veterinary services. Following a two-and-a-half-year investigation, the CMA has found that the £6.7bn market lacks strong competition, with large chains dominating the industry. As a result, pet owners have faced huge price rises and been left in the dark about bills.The CMA has ordered vets to cap prescription fees at £21 for the first medicine and £12.50 for any additional drugs. This move is expected to save pet owners hundreds of pounds. Additionally, vets must now inform pet owners that medicines may be cheaper online and provide a written estimate in advance for any treatment expected to cost £500 or more.Public satisfaction with the cost of services was found to be low, with the CMA noting that average prices of vet services had risen sharply, by 63%, between 2016 and 2023. The watchdog also found internal documents from some large veterinary groups that linked price increases to an expectation that pet owners would not react by purchasing less or switching away.The CMA has also proposed a cost comparison website to increase competition and drive down costs. Large groups will be required to make clear that individual vet practices are part of a chain, and pet owners can expect to see changes before Christmas, including standard price lists.The measures have been welcomed by some in the industry, with CVS and Vets for Pets expressing their support for the changes. However, the British Veterinary Association president, Rob Williams, noted that delivering highly skilled veterinary medicine is costly and that prices have risen sharply in recent years due to various factors, including higher costs experienced by all businesses.
#pet #owners #not
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Film Mar 24, 2026

Surrender to It Review: A Painful Reunion of Ageing Thespians

The film 'Surrender to It' follows a group of ageing actors reuniting for a hiking weekend, but the…
Surrender to It is a film that seems to have been made without regard for the clichés that have been established by similar movies in the past. Writer-director Tim Bryn Smith appears to have ignored the criticism that greeted films like Peter's Friends back in 1992, which featured a similar premise of actors reuniting.The story revolves around a group of former thespians who met at a drama workshop and are now reuniting for a hiking weekend. The cast includes Daemian Greaves, Melissa May Smith, Fletcher Graham, and Chantelle Lee, among others. However, their performances are marred by stiff gestural quality and amateur production values.The script, credited to Bryn Smith and Chris Wetton, feels disjointed and like it was cobbled together from improv exercises and random suggestions. The film tries to balance maudlin tones with comic subplots, but the result is a mess. One subplot involves a bereaved couple mourning their dead son, while another focuses on a movie star recovering from a scandal.The film's production values are also lacking, with scissorhand editing and poorly executed plot twists. Despite its flaws, Surrender to It will be available on digital platforms from 30 March.
#who #smith #one
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Tv And Radio Mar 24, 2026

Adolescence Leads 2026 Bafta TV Award Nominations with 11 Nods

The 2026 Bafta TV award nominations have been announced, with Jack Thorne's 'Adolescence' leading t…
The 2026 Bafta TV award nominations have been announced, with Adolescence, Jack Thorne's groundbreaking drama about a teen accused of murder, leading the pack with 11 nominations. The Netflix psychological crime drama, described by the Guardian as “the closest thing to TV perfection in decades,” has garnered significant attention, including the first Bafta TV performance nominations for supporting actor and actress awards for four of its stars: Ashley Walters, Christine Tremarco, Erin Doherty, and Owen Cooper.Created by Thorne and Stephen Graham, and directed by Philip Barantini, the drama was also nominated for Bafta’s Memorable Moment award for the scene where Jamie snaps at the psychologist. Jane Millichip, CEO of Bafta, praised the diversity and originality of British storytelling, highlighting 124 nominated programmes.First-time nominees include Ellis Howard (What It Feels Like for a Girl) and James Nelson-Joyce (This City is Ours) for best leading actor, as well as best leading actress nominee Narges Rashidi (Prisoner 951). Nine-year-old Rafael Mathé also received his first Bafta nod for best supporting actor in The Death of Bunny Munro, alongside Owen Cooper for Adolescence.A Thousand Blows, a historical drama series created by Steven Knight, received seven nominations, including drama series, leading actress, and costume design. Andor, a politically charged thriller, and Trespasses, an adaptation of Louise Kennedy’s novel, both received six nominations. The Celebrity Traitors received five nominations for presenter Claudia Winkleman and performances.The BBC received the most nominations for a broadcaster, with 73, followed by Netflix and Sky with 28 nominations and Channel 4 with 25. The 2026 TV Baftas will take place on Sunday, May 10, 2026, hosted by Greg Davies.
#nominations #drama #best
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World Economy Mar 24, 2026

UK Manufacturers Hit by Sharpest Cost Inflation Rise Since 1992

UK manufacturers have experienced the sharpest one-month acceleration in costs since 1992, driven b…
The UK's manufacturing sector has been hit by the sharpest rise in cost inflation since Black Wednesday in 1992, as the conflict in the Middle East drives up oil prices and disrupts supply chains. According to the Purchasing Managers' Index (PMI), cost inflation in manufacturing jumped to its highest level since October 2022, marking the largest month-on-month change since 1992.The rapid increases in costs mainly relate to fuel, transportation, and energy-intensive raw materials. The composite PMI index, covering services and manufacturing, stood at 51, suggesting the economy is still expanding, but at a sharply slower pace than the 53.7 seen in February.Chris Williamson, chief business economist at S&P; Global Market Intelligence, said: "Output growth across manufacturing and services has slowed to a crawl as companies blamed lost business directly on the events in the Middle East, whether through heightened risk aversion among customers, surging price pressures, higher interest rates, or via travel and supply chain disruptions."The CBI's survey of the retail sector also showed the fastest annual decline in sales volumes since April 2020, with the balance of retailers reporting rising sales at -52% in March, down from -43% in February.Martin Sartorius, lead economist at the CBI, said: "Retailers report that weak economic conditions continue to weigh on household spending, with subdued activity also evident across the broader distribution sector."Emily Sawicz, a director and industrials senior analyst at RSM UK, said: "Despite some resilience, geopolitical tensions remain a key concern for UK manufacturers – underscoring that conditions remain highly uncertain. The recovery many hoped to see take hold in 2026 now appears likely to be delayed at best, as rising energy costs and persistent inflation risks threaten to slow momentum."
#since #prices #rising
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World Economy Mar 23, 2026

US Lawmakers Introduce Bill to Ban Prediction Markets on Sensitive Events

US Senators Chris Murphy and Greg Casar are introducing the BETS OFF Act to prohibit wagers on gove…
US lawmakers, including Senator Chris Murphy and Representative Greg Casar, are taking steps to regulate prediction markets by introducing the Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act. This legislation seeks to prohibit wagers on sensitive events such as government actions, terrorism, war, assassination, and events where an individual knows or controls the outcome. The proposed bill comes in response to concerns that betting platforms like Kalshi and Polymarket have allowed users to profit from geopolitical conflicts, including the US and Israel's joint strikes against Iran and the abduction of Venezuelan President Nicolas Maduro. Critics argue that these platforms enable individuals with insider knowledge to influence government decisions and profit from them. Murphy emphasized that the legislation aims to prevent the monetization of sensitive events, stating, "What happens to us spiritually when every moral question in this country becomes a market?" He added that certain matters should not be influenced by the potential for profit. The lawmakers cited examples of significant profits made by users on Polymarket, including a $500,000 profit from a bet on Iran's supreme leader being out of power hours before a strike. They suggested that such trades may have been made by individuals with insider knowledge from within the White House or close to the administration. The BETS OFF Act is part of a broader effort to regulate the prediction market industry. Other proposed legislation includes measures to establish federal consumer protections, ban elected officials from profiting from prediction markets, and impose age verification for users.
#prediction #murphy #markets
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Music Mar 20, 2026

Huw Marc Bennett's Heol Las: A Cosmic Fusion of Welsh Folk and Global Sounds

Huw Marc Bennett's album Heol Las blends traditional Welsh folk with global influences, creating a …
Huw Marc Bennett's third album, Heol Las (Blue Street), takes traditional tunes from Glamorgan and submerges them in languid arrangements, touched by global influences and woozy doses of surf rock and sitar. The album thrums with a fitting beauty and energy, as it drifts from the industrial valleys to the Gower peninsula.The album features synthesiser-driven tracks such as Cân Gwasael (Wassail Song) and Yr Abaty (The Abbey), which sound like lost library-music theme tunes for spooky children's TV dramas. Other tracks, such as Y Fedwen (The Birch), are like sparkling radio-friendly nuggets of lost Sain Records psychedelia.Bennett's album also explores themes of Welsh heritage and identity, with Angela Christofilou adding lyrics inspired by Bennett's nieces being the first generation in his family to experience Welsh-medium education. The album is a revitalising and revelatory blend of Wales's past and future.Other notable albums out this month include Joshua Burnside's It's Not Going to Be Okay, Akkajee's Pölynkerääjä (The Dust Collector), and the Weaving's Dlúth & Inneach (Warp & Weft).
#bennett #album #like
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Music Mar 20, 2026

Pygmalion's Johannes-Passion: A Theatrical Masterpiece

A review of Pygmalion's new recording of Bach's St John Passion, highlighting the ensemble's razor-…
Bach's St John Passion is a masterpiece that comes close to being an opera, and this new recording by Pygmalion, conducted by Raphaël Pichon, brings out its theatrical qualities in spades. The ensemble's performance is razor-sharp throughout, with a vigorous engagement with the reflective chorale texts.The St John Passion relies on the Evangelist to narrate the bulk of the story, and Pichon is fortunate in having Julien Prégardien on tenor vocals. Prégardien's voice rises to an outraged shriek as he declares Barrabas a murderer, and his achingly florid recall of Peter's bitter tears is noteworthy.The soloists are also impressive, with Huw Montague Rendall bringing tonal richness and unswerving gravitas to the role of Jesus, and Christian Immler's agitated Pilate swinging back and forth like a tormented weathervane. Ying Fang's purity and Lucile Richardot's otherworldliness round off one of the most theatrical St Johns in the catalogue.
#johannes-passion #pygmalion #theatrical
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