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Business Apr 04, 2026

AI Giants Bet on Massive Natural‑Gas Power Plants as Turbine Costs Surge

Tech leaders Microsoft, Google and Meta are racing to secure natural‑gas power plants to fuel AI‑in…
AI‑Driven Power Race The AI boom is prompting the biggest wave of power‑infrastructure investment since the early days of cloud computing. Companies are scrambling to lock in natural‑gas supplies and build on‑site generators, a move that could reshape electricity markets in the southern United States. Scale of the Projects Microsoft is partnering with Chevron and Engine No. 1 to construct a natural‑gas plant in West Texas that could reach 5 GW of capacity. Google has confirmed a collaboration with Crusoe for a 933 MW plant in North Texas. Meta is adding seven more plants to its Hyperion data‑center complex in Louisiana, bringing total on‑site capacity to 7.46 GW—enough, the company notes, to power the entire state of South Dakota. Combined, these projects exceed 13 GW, roughly equivalent to the average electricity demand of a mid‑size U.S. state. Supply Constraints and Cost Pressures Wood Mackenzie warns that turbine prices have surged 195% versus 2019 levels. If a 2020 turbine cost $1 million, the same unit now costs about $2.95 million, inflating the equipment share of a plant’s budget from 20% to up to 30%. The consultancy also notes a six‑year lead time for turbine delivery, meaning new orders cannot be placed until 2028. This bottleneck could delay the rollout of additional capacity precisely when AI workloads are accelerating. Resource Availability and Market Risks The U.S. Geological Survey estimates that a single gas‑rich region holds enough supply to power the entire United States for 10 months. While abundant, production growth in the three leading shale basins—responsible for three‑quarters of U.S. output—has slowed, tightening the long‑term outlook. Natural gas accounts for about 40% of U.S. electricity generation (EIA). Consequently, any spike in gas prices reverberates through wholesale electricity markets, raising the cost of power for all consumers, not just data‑center operators. Strategic Risks for Tech Companies Behind‑the‑meter gas plants allow firms to claim “self‑supply,” but they merely shift demand from the public grid to the gas grid, potentially driving up wholesale gas prices. Industrial users—petrochemical plants, fertilizer manufacturers—cannot easily substitute gas with renewables, so they may push back against large‑scale data‑center consumption. Extreme weather, such as the 2021 Texas freeze, can curtail wellhead output, forcing a choice between keeping AI workloads online or supplying heat to households. In sum, the AI‑driven rush for natural‑gas power plants highlights a fundamental physical constraint: the digital economy still depends on finite, market‑sensitive energy resources. Betting heavily on a commodity that can swing dramatically in price may prove costly if AI growth plateaus or if gas supply tightens.
#Microsoft #Google #Meta
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Tech Apr 03, 2026

Inside Oxford Brookes University's Elite Formula Student Team

Oxford Brookes Racing, a prestigious Formula Student team, is training the next generation of Formu…
At the Oxford Brookes Headington campus, a group of over 100 students are working tirelessly to build the fastest and best-designed race car possible for this year’s Formula Student competition.The Oxford Brookes Racing (OBR) team, the UK’s most prestigious Formula Student team, has won more design awards than any other UK university and frequently secures top spots in the international race held annually at Silverstone.Success in the competition is crucial as it gets the team noticed by the industry, where a handful of engineering jobs can have upwards of 10,000 applicants. Several OBR alumni are currently working in every Formula One team.“A lot of the coverage on TV is based around the drivers, but not really the actual engineers,” said Thomas Cawdery, a team manager and third-year motorsports technology student. “This is what you don’t see in Formula One. The engineers who make it happen.”The OBR team is entirely run by students and operates out of two buildings, where scores of people are working hard – cutting and shaping carbon fibre chassis by hand, and running simulations on computers. Students of all ages are teaching and learning from one another.While actual Formula One cars have much more power than the students are allowed for safety reasons, the complexity of the cars is very similar. “They’re the same if not more complex than Formula One cars,” Cawdery said.The OBR team surpasses industry expectations in some aspects, particularly in terms of gender balance. Unlike most Formula One teams, where only about 10% of engineers are women, OBR has a much better gender balance.Emma Deery, a first-year mechanical engineering student, finds the inclusive environment encouraging. “In the industry, a lot of women find themselves the only woman on their team. Here it’s different. We have a lot more women and a lot of women in leadership roles.”The OBR team will compete for the top spot this summer against 102 other teams from 27 countries. The competition is a useful recruitment tool for big industry names, as it showcases innovative engineering skills.Ross Brawn, the legendary former team principal, once said, “There are two really innovative forms of motorsport left. One of them is Formula One and the other one is Formula Student.”
#Oxford Brookes Racing #Formula Student #Formula One
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World Economy Apr 03, 2026

Billionaire fortunes surged under Trump, sparking a nationwide push for wealth‑tax measures

As billionaire wealth hit record levels during the Trump era, a growing coalition of activists, law…
Rising fortunes among the ultra‑rich under the Trump administration have ignited a wave of tax‑reform campaigns across the United States. In California, volunteers like Karen Sanchez are gathering signatures for a one‑time 5% wealth tax targeting the state’s 200‑plus billionaires to offset federal cuts to hospitals, education and food‑assistance programs.At least ten states are exploring similar measures. Washington recently enacted its first income‑tax aimed at roughly 20,000 millionaire households, while Massachusetts and Minnesota already channel wealth‑tax proceeds into preschool, K‑12 meals and transportation infrastructure.On the federal front, Senators Bernie Sanders and Representative Ro Khanna have introduced the “Make Billionaires Pay Their Fair Share Act,” proposing an annual 5% levy on billionaire net worth. Khanna argues that the ultra‑wealthy fund private health insurers, defense contractors and political campaigns, creating a stark fairness gap.Data from Oxfam shows that in the twelve months after Trump’s re‑election, billionaire fortunes grew at a rate three times faster than the average annual growth of the previous five years. Meanwhile, the federal minimum wage has remained stagnant at $7.25 for fifteen years, underscoring the widening economic divide.A Data for Progress poll released last fall found that 70% of Americans believe the economic system favours corporations and the wealthy. “People are angry and want change,” says Amy Hanauer of the Institute on Taxation and Economic Policy (ITEP), noting that activists are leveraging every level of government to seek relief.The movement draws on a two‑decade history of class‑based activism, from the Occupy Wall Street protests to Senator Sanders’ 2016 campaign that foregrounded wealth‑tax proposals. Yet inequality has deepened: CEOs of the five largest U.S. firms now earn, on average, **$52 million** annually—over a thousand times the typical worker’s salary.Political spending by billionaires has also exploded. A recent New York Times analysis reveals that billionaire contributions rose from **0.3% of campaign funds in 2008** to **19% in 2024**, amounting to more than **$3 billion** from roughly 300 ultra‑rich donors, many of whom supported candidates opposing wealth taxes, including former President Donald Trump.The war in Iran has further inflamed resentment, with the United States spending **$11.3 billion** in the first week of bombardment—far exceeding the annual budgets of agencies such as the CDC, EPA and the National Cancer Institute.Local victories are feeding the momentum. New York City’s mayoral race saw Zohran Mamdani win on a platform that includes taxing the rich to fund affordable housing, groceries and transit. Councilmember Chi Ossé led a 1,500‑person march to the state capitol, urging Governor Kathy Hochul to permit a city‑level millionaire tax, a move that now has backing from some state Democrats.Beyond New York, states like Rhode Island, Hawaii, Pennsylvania, Virginia, Illinois and New Mexico are debating various wealth‑tax mechanisms, including the popular “mansion tax” on high‑value home sales. Currently, **17 localities** have adopted such taxes, most passed between 2018 and 2023.California’s gubernatorial race has become a flashpoint. Billionaire‑backed candidates Matt Mahan and Tom Steyer are vying to replace Governor Gavin Newsom, with the tech elite—such as Sergey Brin and Joe Lonsdale—pouring money into campaigns opposing the billionaire tax. Of the 30 billionaires who have contributed to the race, **25 supported Mahan**, who has positioned himself as a staunch anti‑tax candidate.For Sanchez, the stakes are personal. The proposed tax seeks to replace **$100 billion** in federal health‑care funding cut by Trump’s “One Big Beautiful Bill Act,” which threatens hospital closures and layoffs in the nation’s fourth‑largest economy. She aims to collect **875,000 signatures** by late June to secure the initiative on the November ballot.“It’s creating a network of groups all working toward a common good,” Sanchez says, reflecting a broader sentiment that collective action could finally translate the public’s demand for fiscal fairness into concrete policy.
#california #seiu #oxfam
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Sport Apr 03, 2026

Max Ojomoh vows to ‘choose greatness’ as Bath chase Champions Cup quarter‑final while England snub looms

After earning man‑of‑the‑match honours against Argentina, Max Ojomoh was dropped from England’s Six…
Bath’s historic Farleigh House training centre has been spruced up this week with black flags fluttering alongside a new “Choose Greatness” banner, signalling the club’s ambition as they approach a Champions Cup last‑16 tie with Saracens. For Max Ojomoh, the atmosphere feels like a personal challenge. Just weeks after collecting the Man of the Match award for his decisive performance against Argentina, the 25‑year‑old found himself omitted from Steve Borthwick’s Six Nations squad. Ojomoh believes that a dominant display for Bath – especially after the 62‑15 demolition of Saracens in the Premiership – could revive his England prospects, but he also acknowledges that national selectors may have a specific back‑line profile in mind for the upcoming World Cup. Reflecting on his Argentina heroics, Ojomoh said, “If that was my final Test, I’m happy to have left a mark on international rugby.” Yet the disappointment of watching England lose to Ireland from a Moroccan pub underscores how close the margins are for a player on the fringe. He explained the selection dilemma: with centre Ollie Lawrence returning from injury, the squad needed a more physical ball‑carrier, and Ojomoh’s role as a second‑receiver/playmaker meant he was the one to make way. England’s coaching staff have asked him to sharpen three key areas – post‑contact metres, defensive intensity and overall work‑rate. While these are valid targets, Ojomoh points out that few English centres combine his blend of pace, vision and creative kicking. Back at Bath, his partnership with newly‑signed Finn Russell has blossomed. “When we signed Finn, I didn’t expect us to think alike on attack,” Ojomoh remarked, highlighting a shared instinct that fuels his confidence. Coach Johann van Graan’s influence is evident, with the club’s motivational signage and a focused training environment that Ojomoh describes as “single‑minded”. He hopes the upcoming match will provide a platform for a first home Champions Cup quarter‑final since 2002. Family wisdom also plays a role; his father, former England centre Steve Ojomoh, reminded him that “the cream always rises to the top”. With a business degree from the University of Bath and a hobby of online chess, the younger Ojomoh is aware that consistent club performances could shift national perception. Looking ahead, Ojomoh is determined to make the 2027 World Cup squad. He admits that obsession over selection can be self‑destructive, emphasizing the need for mental clarity and playing with the same confidence he shows in his head. As Bath prepares for the high‑stakes clash with Saracens, Ojomoh’s mantra remains clear: choose greatness, stay true to his strengths, and let his on‑field X‑factor speak for itself.
#you #his #there
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World Economy Apr 03, 2026

How a Family Secured a Refund After a Care Home Refused to Return Prepaid Fees

A grieving family exposed a common practice among profit‑driven care homes: denying refunds for pre…
When a loved one passes away while a care home still holds prepaid weeks, many families are told that the provider’s "policy" does not allow refunds. In one recent case, a family challenged this stance, discovered that the contract actually obligated the home to return the unused fees, and successfully secured a refund. The experience underscores a wider issue: care‑home operators often withhold money from bereaved families, banking on their grief and lack of legal knowledge. The author, forewarned by similar reports, enlisted a family lawyer who identified the contractual breach and drafted a decisive email that compelled the provider to comply. Importantly, the complaint was not about the quality of care. The writer notes a clear separation between the compassionate on‑site staff and the profit‑focused head office, suggesting that the latter may deliberately adopt a “no‑refund” stance as a revenue‑preserving tactic. Historically, the practice traces back to the privatisation of care homes under Margaret Thatcher. The original promise was that market competition would increase choice for residents while lowering public spending. In reality, the economics of private care demand near‑full occupancy to stay profitable, forcing operators to raise prices when referrals dip. This creates a paradox: the need for vacant beds to offer choice clashes with the profit motive to maximise occupancy, ultimately undermining the policy’s goals. For families navigating this landscape, the lesson is clear: scrutinise contracts and seek legal advice before accepting a provider’s blanket “no‑refund” policy. A vigilant approach can turn a potentially lost sum into a reclaimed right, and may pressure care‑home chains to rethink opaque refund practices.
#care #home #people
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Sport Apr 03, 2026

Northampton Saints Edge Castres 49‑41 to Secure Champions Cup Quarter‑Final Spot

Northampton Saints survived a high‑scoring duel with Castres, winning 49‑41 to advance to the Europ…
In a pulsating Friday night showdown, Northampton Saints held off a resilient Castres Olympique side to clinch a 49‑41 victory and book a place in the Champions Cup quarter‑finals.Castres were hampered by discipline, receiving three yellow cards – two within a three‑minute spell in the first half and another ten minutes from the break – and missed three of six conversion attempts, leaving valuable points on the board.Saints, however, kept the ball alive, launching an attack on every possession. They crossed the try line seven times, including a penalty try, with fly‑half Anthony Belleau successfully slotting six conversions.The French side struck first when wing Christian Ambadiang capitalised on a scrum‑half kick to score in the corner after just seven minutes. He added an early intercept try and later forced a penalty try after pulling Saints winger James Ramm over the line, earning himself a yellow card.Discipline continued to bite Castres when second‑row Guillaume Ducat was sin‑binned for a high‑impact collision with Saints flanker Henry Pollock. Even with a numerical advantage, Castres struggled to retain possession, conceding a penalty that scrum‑half Jérémy Fernandez converted.Early in the second half, Saints broke the deadlock with a try from Josh Kemeny, followed by a score from Tommy Freeman nine minutes later, widening the gap.Castres fought back when centre Tyler Ardron intercepted a pass to touch down, but a subsequent handling error by Saints’ Santiago Arata prevented a further Castres try. Saints responded with a rapid interception by Vuate Karawalevu, though the try was disallowed for a prior knock‑on. The Saints then exploited defensive lapses, with George Furbank and James Ramm each adding scores.In the closing stages, Castres’ Vilimoni Botitu found the line, yet a yellow card for Veresa Ramototabua’s high tackle and a late try from Fraser Dingwall sealed the Saints’ win. The victory propels Northampton, last year’s losing finalists, into a quarter‑final clash against either Bath or Saracens.
#castres #northampton #minutes
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Sports Apr 03, 2026

FA Cup Quarter-Finals and County Cricket: Live Updates

The article provides live updates on various sports events including FA Cup quarter-finals, county …
The weekend's sports action kicks off with FA Cup quarter-final matches and the start of the county cricket season. In the FA Cup, Manchester City hosts Liverpool at the Etihad, with both teams seeking to advance to the semi-finals. Chelsea takes on Port Vale at Stamford Bridge, while Southampton faces Arsenal at St Mary's. In county cricket, Nottinghamshire begins their title defense against Somerset at Taunton. The season's early rounds will also see Surrey, the 2022, 2023, and 2024 champions, in action with a strong lineup including Alec Stewart, Ollie Pope, and Jamie Smith. Additionally, the 197-year-old Boat Races on the Thames between Oxford and Cambridge will take place, with the women's race followed by the men's. This event has moved to a new TV home on Channel 4 as part of a five-year broadcast deal. On Sunday, a bumper Easter Sunday schedule features multiple FA Cup matches, including West Ham vs Leeds and Livingston vs Hearts in the Scottish Premiership.
#FA Cup #Manchester City #Chelsea
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Sports Apr 03, 2026

Channel 4 Revamps the Boat Races with Fresh Talent and Innovative Coverage

Channel 4 is taking over the broadcasting rights for the Boat Races, marking a new era for the even…
Channel 4 is poised to shake up the traditional Boat Races with its debut coverage of the event, bringing a fresh perspective and new talent to the table. The network has acquired the broadcasting rights from the BBC, signaling a significant change in the event's media landscape. The Boat Races, a storied competition between Oxford and Cambridge universities, has been a staple of British sport since 1829. This year's event promises to be exciting, with Oxford's Heidi Long, a bronze medalist in the women's eight at Paris 2024, leading the charge against Cambridge's dominant women's team. Clare Balding, previously the face of the BBC's coverage, will continue as presenter, joined by newcomers Jamie Laing, a reality TV star and Radio 1 DJ, and Ade Adepitan, a TV presenter and Londoner. The on-screen team aims to bring a new dynamic to the event, appealing to a younger demographic. The production company, FilmNova, brings four years of experience from BBC broadcasts and has planned several innovations, including relatable comparisons and humanizing the rowers. One highlight is a 'fantasy boat' featuring well-known sportspeople, such as Serena Williams and Frankie Dettori. The Boat Races also shed light on pressing issues like Thames Water's mismanagement and sewage pollution in Britain's waterways, adding a layer of depth to the event. As Channel 4 takes the reins, the athletes can focus on their goals, with Long and her Oxford teammates striving to end Cambridge's eight consecutive wins. Heidi Long's remarkable story, balancing rowing with medical studies and personal loss, exemplifies the dedication and resilience of the athletes. Her leadership and experience are seen as key factors in Oxford's bid for victory.
#Channel 4 #Boat Race #Clare Balding
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Sports Apr 03, 2026

Timeforshowcasing's 25‑1 Upset at Burradon Stakes Propels Filly Toward Classic Guineas

Charlie Johnston’s bold backing of 25‑1 outsider Timeforshowcasing paid off in the Burradon Stakes …
Timeforshowcasing delivered a stunning victory in the Burradon Stakes at Newcastle on Friday, defying odds that drifted to 25‑1. Trainer‑owner Charlie Johnston, who also collected a share of the prize money, said the win could fast‑track the filly into Classic company at either Newmarket or the Curragh next month.The Listed mile race featured a strong field of colts and geldings, but the filly settled comfortably before accelerating at the furlong pole and holding off a late surge from Padraig Dawn by a neck.“All day I’ve been thinking, ‘what do people know that I don’t?’ because this filly worked last Thursday and I thought she was in phenomenal order,” Johnston explained. “She started at 6‑1, drifted to 10‑1, then 16‑1 and finally won at 25‑1. I backed her twice – I couldn’t believe how much she drifted.”Timeforshowcasing now has entries for both the English and Irish 1,000 Guineas. Johnston added, “She won’t be out of place in a Guineas, albeit she’d have a bit to find. If the big guns clash at Newmarket, the Irish Guineas might be an option – she won with a bit of dig in the ground at Goodwood last year.”The article also referenced the rapid rise of American Affair, who moved from a Scottish Sprint Cup win to the King Charles III Stakes at Royal Ascot within three months, underscoring the potential for a similar breakthrough. Meanwhile, Jer Batt (3.42) emerges as a strong contender at around 6‑1, having been a close runner‑up to American Affair a year earlier and now carrying a 7‑lb lower mark after a winter wind operation.Other notable horses highlighted for upcoming meetings include Strength Of Spirit (Musselburgh 1.25), freshly gelded and poised for further progress, and the lightly‑raced Midnight Gun (Musselburgh 1.55), who remains fairly weighted on the pick of his best form from last season.Additional betting tips note that Al Qareem (Musselburgh 2.30) is a warm favourite for a 13th career win, while We’re Red And Blue (Haydock 2.12) offers a good chance to confirm recent improvement, and Walden (Haydock 2.46) appears overpriced despite a strong Ascot performance earlier in the year.
#Timeforshowcasing #Charlie Johnston #Burradon Stakes
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