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World Economy Apr 05, 2026

Co-op's Former CEO Shirine Khoury-Haq Received £1.9m Pay Package Despite Company's Difficult Year

The former CEO of Co-op, Shirine Khoury-Haq, received a £1.9m pay package in 2025 despite the compa…
The former boss of the Co-op collected almost £2m before her sudden departure last month despite a difficult year when the retailer was pushed into the red by a damaging cyber hack.Shirine Khoury-Haq’s total annual pay package amounted to £1.9m in 2025, including a £165,000 “rewarding growth” bonus that was approved by the mutual’s board despite falling sales and the slide to an underlying loss of £125m.Khoury-Haq and other executives did not receive their regular annual bonus as the board said the company had not met an “affordability underpin” to make the payout. However, Khoury-Haq’s total pay did include a long-term performance bonus linked to earlier years.In the Co-op Group’s annual report, the remuneration committee said it had decided to pay out 10% of the three-year potential total for the new “rewarding growth” incentive plan, which goes to all staff. Full-time, frontline workers, such as shop floor staff, who were employed for all of 2025 received £100 each under the scheme.The report did not say if Khoury-Haq would receive any compensation for loss of office on her departure but did make clear she would not receive any more from the “rewarding growth” scheme. Kate Allum, a board member and former boss of the dairy group First Milk, will step in as the interim chief executive while a permanent replacement is sought.Khoury-Haq’s departure after four years heading the company, and almost seven at the business, came a month after reports of concerns about the culture at the top of the group. Last week, Khoury-Haq denied that her resignation was linked to the allegations of a toxic culture. “My decision to leave was very much a personal decision,” she said. “The reason is I want to go and do something else.”
#co-op #year #not
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World Apr 05, 2026

Mexican Art Community Rallies Against Santander Deal to Export Gelman Masterpieces to Spain

A coalition of nearly 400 Mexican cultural professionals has condemned a deal with Banco Santander …
Mexico’s art world is in uproar after an agreement with Banco Santander to export a landmark segment of the Gelman collection to Spain. The collection, hailed as one of the most significant assemblages of 20th‑century Mexican art, features masterpieces by Frida Kahlo, Diego Rivera, Rufino Tamayo, José Clemente Orozco, María Izquierdo and David Alfaro Siqueiros. Approximately 400 cultural professionals have signed an open letter demanding clarity from the Mexican government about the fate of the works, especially those by Kahlo that the state has designated as an "artistic monument". Historian Francisco Berzunza warned that Kahlo is "the most important artist in the history of our country" and that her works should remain accessible in Mexico. The disputed batch comprises 160 paintings, sketches and photographs originally owned by collectors Jacques and Natasha Gelman and purchased by the Zambrano family in 2023. Under the Santander deal, the pieces—currently on public display in Mexico for the first time in two decades—are slated to travel to Spain this summer to become a centerpiece of the new Faro Santander cultural centre. Santander’s announcement promised to handle "conservation, research and exhibition" of the collection, yet it omitted the duration of the Spanish stay. The bank’s director, Daniel Vega Pérez de Arlucea, later told El País that the legislation governing the works is "flexible" and that the collection would enjoy a "permanent presence" at the centre, intensifying concerns. Mexican officials have attempted to reassure the public. President Claudia Sheinbaum stated, "Our desire is for the collection to remain in Mexico," while Culture Minister Claudia Curiel de Icaza emphasized that the export is only temporary and that the artworks are expected to return by 2028. Santander also issued a statement insisting the deal does not constitute a sale or permanent removal. Nevertheless, critics argue the contract is ambiguous. The agreement, viewed by the Guardian, allows Faro Santander to retain control of the collection at any point between June 2026 and 30 September 2030, with the possibility of extensions by mutual consent. Such language fuels fears that the pieces could become effectively permanent fixtures abroad. Legal experts note that Mexican law protects works declared national artistic monuments, mandating that they may leave the country only temporarily and that the National Institute of Fine Arts and Literature (Inbal) is responsible for their repatriation. With Inbal owning just four of Kahlo’s roughly 150 pieces, many fear the deal undermines the protective framework. Berzunza summed up the stakes: "If the works were not to return, a fundamental part of this artist’s body of work – and her history – would be lost. These pieces are essential to telling her story and to understanding our identity as Mexicans."
#mexico #works #collection
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Health Apr 04, 2026

MSF condemns RSF‑linked drone strike that kills 10 at Sudan’s Al Jabalain Hospital

Doctors Without Borders (MSF) denounced a drone attack on Al Jabalain Hospital in Sudan’s White Nil…
Doctors Without Borders (MSF) has condemned a drone strike that hit Al Jabalain Hospital in Sudan’s White Nile State, killing 10 people, among them seven medical staff members. The attack, which struck an operating theatre and a maternity ward, occurred during a children’s immunisation campaign, heightening the humanitarian outcry.MSF’s Sudan emergencies chief, Esperanza Santos, said the assault was “unacceptable” and noted that several of the deceased had previously worked with the organisation. She added that the strike represents a grave violation of medical neutrality.While the perpetrators have not been officially confirmed, MSF’s statement attributes the strike to the paramilitary Rapid Support Forces (RSF), a claim echoed by Sudanese officials. On Friday, Khalid Aleisir, Sudan’s minister of culture, information, antiquities and tourism, called for the RSF to be designated a terrorist organisation and for its members to face prosecution.The incident follows a series of attacks on Sudan’s health infrastructure since the war erupted in April 2023. In a separate incident the same day, a medical supply depot in Rabak, the capital of White Nile State, was also hit. According to the World Health Organization, more than 200 attacks have targeted health facilities since the conflict began, underscoring a systematic pattern of violence against civilians.Local rights group Emergency Lawyers highlighted that recurring drone strikes across South Kordofan, Blue Nile, and the Darfur regions have displaced thousands, further straining an already fragile health system. The Sudan Doctors Network described the Al Jabalain strike as a “deliberate assault on health facilities and unarmed civilians,” warning that such actions exacerbate the nation’s deteriorating medical capacity.International observers note that the targeting of hospitals not only violates international humanitarian law but also hampers efforts to control disease outbreaks and provide essential care to vulnerable populations. The growing body of evidence may prompt renewed calls for accountability and stronger protective measures for health workers in conflict zones.
#MSF #RSF #Al Jabalain Hospital
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Sports Apr 04, 2026

Rosenior Moves to Calm Fernández Storm at Chelsea

Chelsea manager Liam Rosenior attempts to calm the controversy surrounding Enzo Fernández's comment…
Chelsea manager Liam Rosenior has sought to calm the storm surrounding Enzo Fernández's recent comments about his future at the club. Fernández had appeared to cast doubt on his Chelsea future during the international window, praising former Real Madrid players Toni Kroos and Luka Modrić and expressing a desire to live in Madrid. Rosenior took the decision to suspend Fernández from Chelsea's FA Cup quarter-final against Port Vale and the upcoming Premier League game against Manchester City, feeling his comments had 'crossed the line' and threatened the culture he is working to instill. However, Rosenior was pleased that Fernández was present at Stamford Bridge to watch the Vale match and sought to draw a line under the affair. “Enzo and I are in a very good place,” Rosenior said. “I saw him today, had a really good conversation with him today one-to-one and things aren’t what people maybe think they are.” Rosenior emphasized that he wants the team to focus on achieving their season goals, including winning the FA Cup and qualifying for the Champions League. The decision to punish Fernández drew an unhappy response from the player’s agent, Javier Pastore, who described it as 'completely unfair.' Rosenior remained firm, stating that Fernández knows his value to the team and that he was pleased to see him supporting the players.
#fern #ndez #chelsea
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Health Apr 04, 2026

UK regulator launches probe into peptide clinics for unlawful health claims

The Medicines and Healthcare products Regulatory Agency (MHRA) is investigating UK clinics that mar…
The UK medicines regulator has opened an inquiry into a growing number of clinics that sell injectable peptides while promoting them as cures for everything from ageing to injury recovery. The investigation, disclosed by the Guardian, focuses on whether these businesses are breaching the Human Medicines Regulations 2012 by making unauthorised medicinal claims. Interest in peptide‑based treatments has surged in recent years, driven by social‑media influencers, some healthcare professionals, and direct‑to‑consumer marketers. Yet the scientific foundation for most of these claims is weak, with the bulk of research confined to animal models or cell‑culture studies. According to an MHRA spokesperson, any clinic that advertises a peptide as having therapeutic benefits must treat the product as a medicine, which triggers a comprehensive regulatory framework. "If clinics offering peptide injections make medicinal claims for those treatments, the products will be considered medicines and subject to regulation," the agency warned, adding that it will act against any identified breaches. Guardian reporters identified several high‑ranking Google search results that list peptides such as Cortexin (promoted for neuroprotection), BPC‑157 (claimed to aid tissue repair), and Thymosin Alpha (advertised to boost immunity). After being contacted, one clinic removed the statements from its website. Another clinic, while acknowledging the limited human evidence, continued to market seven specific peptides, providing price lists (£350 per month for a single peptide, £450 for two) and offering delivery via vials, syringes, or pre‑filled pens for an additional fee. During a free consultation, a clinician highlighted the experimental nature of the products, noting the absence of large‑scale, randomised clinical trials and recommending a break of four to eight weeks between treatment cycles to mitigate unknown risks. The clinician suggested BPC‑157 for post‑exercise recovery, describing it as a facilitator of cellular repair and blood flow, but warned against its use in smokers or individuals with a family history of cancer due to potential angiogenic effects. The second peptide discussed was MOTS‑C, portrayed as a mitochondrial enhancer that could improve stress resilience, lower insulin resistance, and reduce visceral fat by boosting cellular energy production (ATP). The MHRA confirmed it is reviewing whether the clinician’s statements constitute medicinal claims. The clinic defended its approach, emphasizing that it clearly informs clients that the peptides are not licensed medicines and that the evidence base is largely pre‑clinical. In a broader statement, Lynda Scammell, head of borderline products at the MHRA, explained that peptide products may be marketed as cosmetics, supplements, or medicines, and each case is assessed on its intended use, pharmacological effect, and supporting evidence. She added, "We disregard claims that products are for ‘research purposes’ if it is clear that such claims are being used as an attempt to avoid medicines regulations." Peptides are short chains of amino acids, some of which occur naturally (e.g., insulin). While synthetic peptide analogues like semaglutide and tirzepatide have secured approval for weight‑loss treatments, many of the compounds promoted by these clinics remain experimental and lack the rigorous safety and efficacy testing required for medicinal products.
#MHRA #peptide injections #UK clinics
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World Economy Apr 04, 2026

UK Local Election Campaign Revives Trussonomics‑Era Tax and Spending Promises, Raising Multi‑Billion Fiscal Risks

Ahead of the 2026 UK local elections, parties from the Conservatives to the Greens are resurrecting…
As the 2026 local and regional elections draw nearer, the spectre of Trussonomics looms large over the British political landscape. From the Conservatives to the Greens, parties are unveiling extravagant fiscal promises that they claim can be funded by cuts elsewhere or additional borrowing, while insisting the broader economy will remain unharmed. Critics warn that any adverse effects will inevitably be shifted onto people and businesses outside the parties' core constituencies, effectively socialising the risk. Only Keir Starmer and his Labour cabinet appear to resist the pressure to re‑engineer the economy without acknowledging inevitable spill‑overs or extra costs. Former Prime Minister Liz Truss famously pledged £45 bn of tax cuts, financed through extra borrowing and so‑called welfare “efficiencies”. The plan was pitched as a catalyst for an entrepreneurial surge that would lift the UK out of a prolonged period of low productivity. Heading into May’s local polls, the Conservatives are touting a new “big‑spending” agenda after recent welfare cuts, highlighted by a headline pledge to shrink the welfare bill by £23 bn. Shadow Chancellor Mel Stride declared that the “culture of ‘something for nothing’ must end, now”. Green Party leader Zack Polanski has softened some of his party’s more radical proposals, yet the manifesto remains vague. Earlier drafts featured a litany of “free lunches”, signalling an ambition to raise taxes by **more than £170 bn a year** by the end of the next parliament. Key components of the Green plan include a £90 bn annual carbon tax and a matching increase in day‑to‑day public spending, alongside a proposed £90 bn boost to the capital‑spending budget (raising it from £160 bn to £250 bn per year). Reform UK has embraced Trussonomics with gusto, promising to raise the income‑tax threshold from £12,570 to £20,000 – a move that would cost the exchequer **over £40 bn each year**. Underlying many of these pledges is a belief that the UK can reverse a century of economic decline with a “magician’s wand”, ignoring potential repercussions for financial markets, trading partners, and a rapidly disintegrating global order. While the article briefly references the United States and France, the French electorate’s recent rejection of similarly flamboyant policies in local elections serves as a cautionary tale: voters in key cities like Paris and Marseille opted for centrist candidates over the radical platforms of Marine Le Pen’s National Rally and Jean‑Luc Mélenchon’s LFI. The broader context is a decade marked by two major wars, a quantum technological shift, and accelerating climate change – none of which offer quick‑fix solutions. Labour’s economic strategy, championed by Rachel Reeves, hinges on an early‑parliament spending surge intended to generate growth before the next general election. However, the damage inflicted by the previous government is still being reassessed, with the public‑finance gap now appearing larger than the £22 bn initially highlighted by Reeves. Labour still holds considerable funds earmarked for investment, but bureaucratic inertia in Whitehall hampers swift action, and Starmer bears responsibility for this paralysis. Demonstrating tangible returns on public spending – with HS2 currently the sole benchmark – could justify future tax increases on higher earners, provided the money is not wasted. In an uncertain world, the article argues that rational, evidence‑based governance is preferable to “outlandish initiatives” that create a multitude of losers. Ultimately, the piece concludes that Truss’s experiment was a disaster not merely because of the misguided belief that tax cuts can drive sustainable growth in a mature economy, but because it relied on an imagined “escape hatch” to propel the UK to a higher economic plane.
#more #economic #spending
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World Economy Apr 04, 2026

India and Sri Lanka Face Looming Food Crisis Amid Iran Conflict and Fertiliser Shortages

The ongoing conflict in Iran has led to a significant increase in global fertiliser prices, affecti…
Farmers in India and Sri Lanka are bracing for a potential food crisis as the conflict in Iran disrupts global fertiliser supplies. The war has led to a blockade of the Strait of Hormuz, a critical shipping route for oil and gas supplies from the Gulf states, causing a shortage of natural gas and fertilisers.In India, farmers like Gurvinder Singh are worried about the impact on their crops. 'If we don't get fertilisers, there will be less yield. That will affect my entire family and the entire region, because we are completely dependent on agriculture.' India is the world's second-largest fertiliser consumer, using over 60 million tonnes annually, with most of its imports coming from Gulf countries.The World Food Programme has estimated that an extra 45 million people could be pushed into acute food insecurity if the conflict does not end by June. Experts warn that South Asian countries, including India and Sri Lanka, are particularly vulnerable due to their heavy reliance on imported fertilisers and gas.In Sri Lanka, the situation is dire, with farmers facing massive price increases and warning of a potential food crisis. The Sri Lankan government has attempted to control prices and ration fertiliser, but the chairman of the National Agrarian Unity warns that the fertiliser crisis is even bigger than the fuel crisis and poses a threat to national security.The conflict has already begun to strain supply chains, with gas supplies to fertiliser factories cut by 30%. Farmers are stocking up on fertiliser in advance, but many small-scale farmers are already operating with heavy losses and are crushed by debt.
#farmers #fertiliser #india
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Sport Apr 04, 2026

Will Sherman emerges as US rugby’s next star as Anthem breaks 32‑game losing streak ahead of 2031 World Cup

22‑year‑old second‑row forward Will Sherman, son of former Cal champion Wade Sherman, is being hail…
Will Sherman, a 22‑year‑old second‑row forward for Anthem Rugby Carolina, is quickly being labelled the next cornerstone of US rugby. The Charlotte‑based player combines a deep family legacy with a modern development pathway that could shape the national team ahead of the 2031 Rugby World Cup. Sherman’s rugby pedigree begins with his father, Wade Sherman, a member of the 1990s Cal Berkeley champion side that featured Mark Bingham – one of the heroic passengers on Flight 93. Wade’s own introduction to the sport came after a teenage trip to Australia’s Bondi Beach, where he and friends first saw the game and later founded a high‑school team in northern California before playing for Cal and BYU. He now serves as Will’s first coach. Raised in Utah’s vibrant Pacific Islander community, Sherman attended East High School, a hub for the state’s long‑standing rugby culture. Standing 6 ft 4 in and capable of playing both lock and flanker, he attributes his physicality and work ethic to the “hard‑knock” lessons learned on Utah pitches. After a stint at UCLA—where the club side operates with varsity‑level commitment but without the same resources—Sherman caught the eye of Australian coach Harry Bennett. Bennett’s mentorship helped Sherman earn a place on the US under‑23 tour of South Africa, a tour overseen by Argentine coach Agustín Cavalieri, now head coach at Anthem. In his MLR debut against the California Legion, Sherman logged roughly 50 minutes, received a yellow card for repeated infringements, and recorded 19 tackles. While impressive, it was eclipsed by the 36 tackles he made in a single match for Australia’s storied Randwick club last season, underscoring his rapid adaptation to elite competition. Anthem, backed by World Rugby as a development vehicle for the 2031 World Cup, endured a winless first two seasons (0‑32). The team finally broke the streak with a 39‑26 victory over the Legion, a game in which Sherman’s performance earned him the nickname “Wreck‑It Will” from college friends. Reflecting on the win, Sherman said the moment was “an amazing honor” and highlighted the broader significance: “Every game now feels like a first—our first win at home, our first win against Chicago—so the motivation keeps building.” He also praised the experience of matching up against veteran lock and Eagles captain Jason Damm, calling it “an honor to play against someone I’ve looked up to for so long.” Looking ahead, Anthem’s schedule includes a clash with the Chicago Hounds on ESPN+, a key step in the club’s quest to become a consistent pipeline for American talent ahead of the 2031 World Cup.
#sherman #rugby #you
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Entertainment Apr 04, 2026

Fab 5 Freddy's Memoir Unveils New York's 1970s and 80s Creative Explosion

Fab 5 Freddy's memoir, 'Everybody's Fly: A Life of Art, Music, and Changing the Culture,' offers an…
Fab 5 Freddy, born Fred Brathwaite, has penned a memoir that serves as an 'all-access pass' to the creative explosion of New York in the 1970s and 80s. The book, 'Everybody's Fly: A Life of Art, Music, and Changing the Culture,' chronicles Brathwaite's journey from a young man in Bed-Stuy, Brooklyn, to becoming a pivotal figure in connecting Black art forms like graffiti and hip-hop with the predominantly white downtown art world.Brathwaite's story is intertwined with that of Jean-Michel Basquiat and Keith Haring, other street artists whose work has become iconic. The memoir also features appearances by Blondie, Andy Warhol, and the Clash, highlighting the era's cross-cultural pollination.The book offers a firsthand account of legendary venues like CBGB and Paradise Garage, where Brathwaite experienced the raw energy of punk and dance music. He recalls visiting CBGB as a 'Black secret agent on a mission' and describes Paradise Garage as a 'transformational experience.'While reading Brathwaite's story in 2026 is bittersweet, it also offers a hopeful message. New York, despite being in dire economic straits at the time, gave birth to magnificent cultural movements. For Fab 5 Freddy, rap and punk represented 'urban youth going against the grain, inventing their own culture, creating their own fun, responding to the world as it was.'The enduring legacy of this era is that subcultures can emerge and thrive even in challenging times, leaving a lasting impact on art, music, and culture. As Brathwaite puts it, 'everybody's fly' – a testament to the power of creative expression and community.
#Fab 5 Freddy #Everybody's Fly #New York City
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