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Business Apr 08, 2026

Close Brothers Shares Soar as UK Bank Absorbs £320m Car Finance Compensation

Close Brothers shares surged 17% after the UK bank announced it can 'comfortably absorb' a £320m co…
Shares of Close Brothers, a UK-based specialist lender, jumped 17% on Wednesday following the bank's announcement that it can easily absorb the cost of a £320m compensation bill related to the car finance scandal. The Financial Conduct Authority's (FCA) compensation scheme, finalized last week, aims to address the issue of drivers being overcharged for loans due to commission payments between lenders and car dealers.The bank expects to pay out approximately £320m in compensation, which is 'broadly similar' to previous estimates and only £26m more than the £294m already set aside. Close Brothers stated that this additional amount can be 'comfortably absorbed by existing capital resources,' ensuring the group remains well-positioned to continue its strategy.The FCA's compensation scheme estimates that victims will receive an average payout of £830. This development has provided relief to investors, especially after concerns were raised by short seller Viceroy Research, which suggested that Close Brothers might need to significantly increase its provision for car finance losses.In contrast, Close Brothers' rival, FirstRand, announced hours earlier that it would sell its UK operations, citing frustration with the FCA's compensation scheme, which it described as 'deeply flawed.' FirstRand stated it would need to raise an extra £510m to cover compensation costs, taking its total provisions to £750m, and potentially slash its earnings forecast and offload its UK business.
#Close Brothers #UK bank #car finance scandal
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Technology Apr 08, 2026

UK warns Russian-linked hackers are exploiting consumer routers for espionage, prompting US ban on foreign-made devices

The UK’s National Cyber Security Centre has alerted the public that Russian‑linked groups, likely A…
The United Kingdom’s cyber‑defence agency has issued a stark warning: Russian‑affiliated hackers are targeting everyday internet routers to conduct espionage operations. By compromising these edge devices, attackers can steal user credentials, redirect traffic to fraudulent sites, and potentially infiltrate other connected gadgets such as smartphones and computers. According to the National Cyber Security Centre (NCSC), the campaign appears opportunistic, casting a wide net before filtering for high‑value intelligence targets. This mirrors a broader trend where threat actors focus on hardware that bridges users to the cloud, often overlooking the security of routers and network cameras. Professor Alan Woodward of the University of Surrey emphasized that routers are frequently forgotten, becoming weak points in home and small‑business networks. "If a router is compromised, attackers can reroute users to fake banking sites, establish persistence on the network, and probe connected devices for further vulnerabilities," he explained. The NCSC attributes the activity to the notorious group APT28, also known as Fancy Bear, which is almost certainly linked to Russian intelligence services. APT28 previously orchestrated high‑profile attacks, including the 2015 breach of the German parliament that exposed confidential emails and legislators' schedules. In a parallel move, the U.S. Federal Communications Commission has prohibited the sale of all consumer‑grade routers manufactured outside the United States, citing "unacceptable risks to national security." The FCC warned that foreign‑made routers have been exploited to facilitate espionage, disrupt networks, and steal intellectual property. While most routers are produced in China or Taiwan, exceptions like Elon Musk’s Texas‑made Starlink devices are unaffected. Privacy specialists caution that a blanket ban will not resolve existing vulnerabilities, especially for legacy routers that no longer receive security patches. Woodward urged small businesses and individuals to keep firmware up to date and monitor network activity for anomalies. The article also revisits the 2016 Bangladesh central bank heist, where hackers siphoned $80 million by exploiting cheap, second‑hand routers that were exposed to the internet. Investigators believe a North Korean state‑linked group was behind that attack, illustrating how compromised routers can serve as gateways to critical financial systems. Overall, the NCSC’s alert underscores a growing geopolitical cyber‑threat landscape, where state‑sponsored actors leverage everyday hardware to gather intelligence and disrupt adversaries.
#cybersecurity #fcc #starlink
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Politics Apr 07, 2026

UK urged to take action against Israeli settlement plans

Former UK ambassadors and high commissioners have called on the UK government to threaten action ag…
A group of 32 former UK ambassadors and high commissioners has urged the UK government to take action against companies bidding to build an illegal Israeli settlement in the West Bank. The planned E1 settlement, which would involve the construction of 3,400 houses on "Palestinian soil," is part of Israel's "systemic West Bank annexation."The letter, published in the Guardian, calls for a UK trade ban on settlement products and services, as well as "suspending trade concessions with Israel for its breach of the human rights provision in the UK-Israel trade and partnership agreement."The E1 plan, which has been on hold for two decades, poses an "existential threat" to the future of the two-state solution. Critics argue that it would extend the existing Jewish settlement of Ma'ale Adumim towards Jerusalem, further cutting occupied East Jerusalem from the West Bank, and further separating the north and south of the territory.Keir Starmer has stated that the Israeli settlements, including the E1 settlement, are a "flagrant breach of international law" and threaten the viability of a two-state solution. The UK government has recommended that "settlement products are labelled so that consumers are informed."The letter calls for Britain to lead the way in taking action against the Israeli settlement plans. "Britain is ideally fitted, both by that decision and its historic responsibilities in the region, to give a lead to like-minded European and Commonwealth partners," it states.
#UK Foreign Office #Israeli settlements #West Bank
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Society Apr 07, 2026

Renowned Child Psychiatrist Judith Rapoport, Who Brought OCD to Global Awareness, Dies at 92

Judith Rapoport, a pioneering child psychiatrist whose 1989 bestseller demystified obsessive‑compul…
Judith Rapoport, a leading child psychiatrist, passed away at 92, leaving a legacy defined by her groundbreaking work on obsessive‑compulsive disorder (OCD). Her 1989 book, The Boy Who Couldn’t Stop Washing, translated into more than twenty languages, presented complex research in a clear, jargon‑free style that resonated with a broad audience. OCD is characterized by compulsive rituals—re‑tying shoelaces, repeatedly checking switches, or incessant hand‑washing—that can dominate a person’s daily life. Before Rapoport’s book, many sufferers concealed their symptoms out of shame, unaware that they were not alone. Rapoport’s research demonstrated that OCD has a neurological foundation and may affect up to 2% of the population, challenging prevailing beliefs that it stemmed from overly strict parenting. She proved that the disorder can be hereditary and responsive to medication. In a pivotal 1989 double‑blind trial, she showed that the antidepressant clomipramine significantly reduced OCD symptoms, prompting the U.S. Food and Drug Administration to approve its use for the condition—a landmark moment in psychiatric treatment. Patients and colleagues credit her work with reducing stigma. "Reading Rapoport’s book washed away my shame," recalled Charles Gentz, who lives with OCD, while Professor Gabrielle Shapiro of the Icahn School of Medicine noted that the book “reduced the stigma for these people.” Rapoport herself reflected, “If my work alleviated just part of their pain, then it was not wasted time.” Born in New York City to a schoolteacher mother and a businessman father, she grew up with a literary lineage—her grandfather translated Ibsen into Yiddish. She excelled academically, graduating magna cum laude from Swarthmore College in 1955** and earning her medical degree from Harvard Medical School in 1959, where she met her husband, Stanley Rapoport. After early positions at Mount Sinai and the Massachusetts Mental Health Center, she and her husband secured fellowships in Sweden, conducting research at Uppsala University and the Karolinska Institute on women seeking abortions abroad. Returning to the United States, Rapoport joined the National Institute of Mental Health (NIMH) in 1976. There she led the institute’s child psychiatry branch from 1984, steering American psychiatry away from Freudian models toward a **biology‑focused** approach. Beyond OCD, she made significant contributions to the understanding of attention‑deficit hyperactivity disorder (ADHD) and childhood schizophrenia. Her 1978 study revealed that amphetamine improved concentration in both hyperactive and control children, contradicting the notion that stimulants only calm hyperactivity. Using MRI, she showed that childhood schizophrenia is progressive, involving loss of brain matter—a finding that shifted the focus from parenting to neurobiology. Rapoport’s expertise reached mainstream audiences through appearances on shows hosted by Oprah Winfrey and Larry King, further amplifying her message. By the time she retired in 2017, she had authored over 300 scientific papers, several books, and earned prestigious honors, including fellowship in the Institute of Medicine (1991) and the American Academy of Arts and Sciences (2000). Colleague Gabrielle Shapiro described her as “a pioneer who turned child psychiatry into a modern, evidence‑based discipline.” Outside the laboratory, she enjoyed music, theatre, hiking, and gardening. She is survived by her husband, two sons, and four grandsons.
#she #her #rapoport
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Science Apr 07, 2026

The Dark Side of Space Exploration: Balancing Wonder and Environmental Concerns

The Artemis II mission has reignited discussions about the dual nature of space exploration, highli…
The recent Artemis II mission, which sent astronauts to the far side of the moon, has sparked reflection on the dual implications of space travel. US astronaut Christina Koch encapsulated the profound appreciation for Earth that comes from experiencing it from space, echoing sentiments expressed by earlier space travellers.The Earthrise photograph from the Apollo 8 mission in 1968 is often credited with galvanizing the environmental movement. Similarly, journeys like Artemis II are hoped to foster global cooperation and a deeper appreciation for life. However, the current landscape of space exploration is complicated by the involvement of tech billionaires like Jeff Bezos and Elon Musk and the emerging post-terrestrial geopolitical battle between the US and China.There is a growing concern that the £100bn Artemis programme could divert attention and resources away from solving pressing environmental issues on Earth. This concern is particularly pertinent given that the US withdrew from the Paris climate agreement in the same year as the mission. The pursuit of space exploration must be balanced with the imperative to address ecological limits and protect the planet we currently inhabit.Despite these challenges, the unquenchable human curiosity and scientific value of space travel should not be dismissed. The Artemis II launch was made possible by a rare display of bipartisan support for NASA in Congress. The achievements of the scientists, astronauts, and support teams are a testament to the positive aspects of space exploration.The mission to the moon's dark side, while not a solution to the world's problems, represents a significant scientific and exploratory milestone. The crew has seen more of the moon and travelled further from Earth than anyone before them. As the world watches their return and landing in the Pacific Ocean, it's clear that space exploration continues to captivate and inspire, even as it poses complex questions about our priorities and responsibilities.
#Artemis II #NASA #SpaceX
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Tech Apr 07, 2026

The Blurred Lines Between Drone Racing and Drone Strikes: A New Era of Warfare

The article explores the unsettling parallels between drone racing and drone strikes, highlighting …
The recent Winter Olympics in Milano Cortina showcased the thrilling use of high-speed camera drones, bringing viewers up close to the action. However, this technology has a darker side, as it is also being used in the US military's drone strikes in Iran. The seamless transition from drone-supplied footage of Olympic excellence to drone-supplied footage of war crimes has felt genuinely jarring. The connection between drone racing and drone strikes is not coincidental. Professional drone racing emerged around a decade ago, with the Drone Racing League (DRL) being a prominent competition. The US air force was a longtime sponsor of the DRL, using the competition as a scouting ground to recruit new pilots. The league's emphasis on high-speed, first-person view drones has contributed to the development of technology now used in military contexts. The current conflict in Iran highlights a disturbing trend: the militarization of sports culture. The Trump administration's approach to the war, including the use of Hollywood and gaming imagery in its videos, reflects a broader cultural shift. The US military's actions are being presented as a form of entertainment, with two-minute video montages of "stuff blowing up" being used to brief the president on the war's progress. This phenomenon is not limited to the administration; the language of sports is increasingly being used in discussions of war. Politicians like Marco Rubio and Pete Hegseth are using sports-like terminology to describe military actions, reflecting a degeneration of language in global diplomacy. The Trumpian trash talk has degraded the discourse, with the president's tweets about the war being characterized by their usual boorishness. The article concludes that the culture of sports is central to the chaos unfolding across the Middle East. The blurring of lines between war and sport reflects a deeper societal issue, where the values of competition and entertainment are taking precedence over human life and dignity. As the world teeters on the edge of a military and economic catastrophe, the need for a more nuanced understanding of the relationship between sports, technology, and warfare has never been more pressing.
#Drone Racing League #DJI #US Air Force
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Tech Apr 07, 2026

Inside Scale AI's Outlier Platform: Workers Scrape Instagram, Label Porn and Dog Waste for Meta‑Backed AI Training

Scale AI, a company partly owned by Meta, uses its Outlier platform to pay tens of thousands of gig…
Tens of thousands of people have been hired by Scale AI – a firm 49% owned by Meta – to train artificial‑intelligence models by scraping Instagram accounts, harvesting copyrighted artwork and transcribing pornographic soundtracks, according to the Guardian.Scale AI promotes its Outlier platform as a flexible, expert‑driven marketplace, recruiting professionals from medicine, physics and economics to "become the expert that AI learns from."Workers, however, say the reality diverges sharply from high‑level model refinement. They describe tasks that involve massive personal‑data scraping and content that many find morally uncomfortable.Outlier is managed by Scale AI, which holds contracts with the U.S. Pentagon and other defense companies. Its chief executive, Alexandr Wang, is hailed by Forbes as the world’s youngest self‑made billionaire, while former managing director Michael Kratsios served as science adviser to former President Donald Trump.One contractor noted that users of Meta platforms would be shocked to learn their photos and friends’ images are being harvested for AI training, with workers manually reviewing profiles to extract data.The Guardian interviewed ten Outlier contributors – many also journalists, graduate students, teachers or librarians – who took the gig work out of economic desperation. One said, "A lot of us were really desperate" and felt compelled to accept the unstable, low‑pay assignments.These gig workers, dubbed “taskers,” often feel they are training their own replacements, expressing “internalised shame and guilt” over contributing to the automation of creative professions.Law firm Clarkson, representing AI gig workers, estimates that hundreds of thousands of people worldwide now labor on platforms like Outlier. Taskers report bait‑and‑switch recruitment tactics, where advertised high salaries are replaced by lower‑paid projects after onboarding.All contributors are monitored through a tool called Hubstaff, which can screenshot browsers to verify work. While Scale AI claims the software is only for accurate payment, workers describe it as constant surveillance.Assignments have ranged from transcribing pornographic audio and labeling photos of dead animals or dog faeces, to annotating diagrams of infant genitalia and violent police scenarios. One doctoral student recounted being promised “no nudity” only to receive explicit porn clips.Scale AI says it shuts down any task flagged as inappropriate and does not accept projects involving child sexual‑abuse material or pornography, though workers note that publicly available images of minors have been used for training.Social‑media scraping tasks required workers to tag individuals by name, location and age, sometimes pulling data from accounts of users under 18. One task asked contributors to order Facebook photos by the subject’s age, prompting ethical unease.In addition to personal data, taskers were asked to harvest copyrighted artwork, with strict instructions to avoid AI‑generated images and select only hand‑drawn pieces. Scale AI maintains it does not ask workers to violate copyright standards.Scale AI’s client list includes major tech firms such as Google, Meta and OpenAI, as well as the U.S. Department of Defense and the government of Qatar, highlighting the growing demand for labelled data as AI models scale.Some workers reported interacting with ChatGPT and Claude, and speculated they might be training Meta’s upcoming model, code‑named “Avocado.”OpenAI announced it ended its partnership with Scale AI in June 2025, citing its supplier code of conduct that mandates ethical treatment of all workers.Despite irregular pay, occasional mass layoffs and the unsettling nature of many tasks, many taskers remain on the Outlier platform, hoping the AI future will eventually improve conditions. One said, "I have to be positive about AI because the alternative is not great."In response, a Scale AI spokesperson stated, "Outlier provides flexible, project‑based work with transparent pay. Contributors choose when and how they participate, and we regularly hear from highly skilled contributors who value the flexibility and opportunity to apply their expertise on the platform."
#Scale AI #Meta #Outlier platform
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Music Apr 07, 2026

Wireless Festival Cancelled Due to Kanye West's UK Entry Ban

The Wireless music festival has been cancelled after Kanye West, known as Ye, was banned from enter…
The Wireless music festival, scheduled to take place in July, has been cancelled after Kanye West, now known as Ye, was banned from entering the UK. The decision to ban Ye was made by the Home Office, citing that his presence in the UK would not be conducive to the public good.Ye had made an application to travel to the UK via an Electronic Travel Authorisation, which was initially granted online but later rescinded by Home Office ministers. The rapper has been criticized for making antisemitic remarks, including voicing admiration for Adolf Hitler and releasing a song called Heil Hitler.The festival's organizers had booked Ye to perform, but with only three months' notice, finding a replacement proved to be complex. Many artists would have had their summer schedule sorted months ago, making it difficult to fill the slot. The organizers stated that they were not giving Ye a platform to extol his opinions, but rather to perform songs that are currently popular.The decision to ban Ye has been welcomed by some, including Phil Rosenberg, the president of the Board of Deputies of British Jews, who said that music festivals should be places where all communities feel welcome, not venues that platform individuals with records of profiteering from antisemitism and other repulsive views.Ye joins a list of American cultural figures who have been banned from entering the UK, including Snoop Dogg, who was denied entry in 2007, and Tyler, the Creator, who was banned for four years in 2015.
#his #festival #wireless
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Sport Apr 07, 2026

The Masters Stands Out as a Refuge of Decorum in Golf's Increasingly Fractured Landscape

The Masters tournament at Augusta National is highlighted as a rare oasis of decorum and respect in…
The Masters tournament, held annually at Augusta National, stands out in the world of golf for its commitment to tradition and decorum. While the sport as a whole grapples with issues of poor spectator behavior and controversy, the Masters offers a refreshing contrast. Golfers and spectators alike are often consumed by fear of breaking the rules at Augusta, which can seem old-fashioned in today's sports landscape. However, this strict adherence to etiquette results in a more respectful and enjoyable experience for all involved. In contrast, recent golf tournaments have been marred by unsavory incidents, including heckling of players and unruly behavior from spectators. The Ryder Cup, Players Championship, and Phoenix Open have all been cited as examples of golf's growing problem with poor sportsmanship. The Masters, however, remains a beacon of civility. Upon arrival, attendees are handed a pamphlet outlining the importance of etiquette and decorum, quoting Bobby Jones, the course's founder: "In golf, customs and etiquette and decorum are just as important as rules governing play." This emphasis on respectful behavior seems to pay off, as the Masters is able to maintain a positive and uplifting atmosphere, focused on the sporting excellence of the players rather than negative spectator behavior. Augusta's strict rules and traditions appear to contribute to a more refined and respectful environment, setting it apart from other golf tournaments and offering a welcome respite from the controversies plaguing the sport.
#golf #masters #augusta
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