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Business May 24, 2026

Governance Concerns Mount at Nationwide as AGM Approaches

MP Navendu Mishra has raised formal governance concerns with Nationwide Building Society ahead of i…
Rising Governance Concerns at NationwideNationwide Building Society is facing mounting pressure to address "emerging governance issues" across the building society sector, amid concerns that executives are bundling voting options and failing to allocate board seats for members. The Stockport Labour MP Navendu Mishra has sent a formal letter to the chair of Nationwide, Kevin Parry, outlining growing unease over how executives engage with members who ultimately own their building societies.Specific Governance Issues RaisedThe MP's letter highlights several specific concerns about governance practices at Nationwide and across the building society sector. These include the use of "quick vote" options that critics say nudges members to simply back all board recommendations with one click at annual general meetings (AGMs). Mishra, who is a Nationwide member himself, acknowledged that while this option is "convenient," there are concerns it could "reduce scrutiny and advantage incumbents."Additionally, the letter criticizes the growing adoption of online-only AGMs, which may exclude members who struggle to use the internet and has raised concerns about question-filtering. The letter also takes aim at Nationwide's refusal to hold binding member votes on executive pay, despite similar practices being standard at listed banks such as Barclays, NatWest and Lloyds.Nationwide's Financial Growth and ScaleThese governance concerns come amid significant growth for Nationwide. The building society confirmed it was holding £382bn worth of assets after its £2.9bn takeover of Virgin Money. Mishra acknowledged that "their growth is exponential, which is fantastic," but emphasized the need to ensure that democratic values keep pace with this expansion.The timing of these concerns is particularly noteworthy, as they emerge just weeks before Nationwide's annual general meeting, which will feature its first member-nominated candidate up for boardroom election this century. James Sherwin-Smith, a Nationwide member, has formally asked Nationwide to suspend its use of quick vote at the upcoming AGM.Impact on the Building Society SectorThe concerns raised by Mishra reflect a wider debate about governance in the mutual sector. While the Labour government has been pushing ahead with reforms meant to deliver a manifesto pledge to double the size of the mutual sector, critics have raised concerns that some building societies, including Nationwide, have been letting their democratic values slip."There is a wider question as to whether building societies should allocate seats on boards to member-nominated directors in order to strengthen direct member representation," the MP's letter stated. "Where members are the owners, it is reasonable to ask why direct member voice in the boardroom remains the exception rather than the norm."Future Outlook for Nationwide's GovernanceThe upcoming AGM represents a critical moment for Nationwide's governance practices. The building society's chief executive, Debbie Crosbie, said during a media call that the board "haven't made a final decision" on suspending the quick vote option. In a statement, a Nationwide spokesperson defended the practices, noting that while pay votes were non-binding, 95% of votes cast were in support of the remuneration policy.The spokesperson also defended the use of online-only AGMs, stating they have reversed declining attendance and represent the fairest way to get millions of members to participate. Regarding the quick vote tool, they noted that most feedback from members was that it was "clear and easy to use" and similar systems are used by all building societies and listed companies."The chair will make these and other points in writing back to the MP in the next few days," the spokesperson added. As the AGM approaches, all eyes will be on whether Nationwide addresses these governance concerns and how it balances its growth with its mutual, member-owned principles.
#Nationwide #Corporate Governance #Building Societies
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Entertainment May 24, 2026

Joseph Fiennes Uncanny as Gareth Southgate in BBC's 'Dear England'

Joseph Fiennes delivers a remarkable performance as England football manager Gareth Southgate in BB…
The Evening's Television LineupSunday night brings a diverse range of programming to British television, with a standout performance from Joseph Fiennes as Gareth Southgate in BBC's 'Dear England.' The evening features dramas, documentaries, entertainment shows, and live sports coverage across multiple channels.The Spotlight on 'Dear England'BBC One's 9pm offering, 'Dear England,' sees Joseph Fiennes reprising his award-winning role as England football manager Gareth Southgate. The play, written by James Graham, follows Gareth in post-Brexit Britain as he leads the England squad into a new era. Fiennes brings remarkable depth to the character, capturing Southgate's approach to managing expectations and fostering mental health conversations within the team. Jodie Whittaker co-stars as sports psychologist Pippa Grange, whose influence helps the team not only improve their penalty-taking but also address important mental health issues.Channel 4's Dramatic OfferingsAt 9pm, Channel 4 presents 'Vengeance: Murder on the Heath,' a harrowing two-part drama based on real events. The series explores the tragic love triangle between student doctor Mundill Mahil, her friend Ravi Shoker, and TV executive Gagandip Singh, examining how their feud escalated into violence and murder. Earlier in the evening at 8pm, Channel 4 also offers 'Cruising to the Ends of the Earth,' following staff aboard cruise ships in Tokyo and Alaska.ITV's Family EntertainmentITV1 at 8pm hosts 'The 1% Club Kids Special,' putting 100 children aged nine to 15 to the test to determine who is the cleverest, with the winner earning a trip to Disneyland, Florida. The show promises light-hearted entertainment as the young contestants tackle challenging questions.BBC's Other Dramatic OfferingsBBC One also presents 'Death Valley' at 8.15pm, a mystery drama starring Timothy Spall as a retired TV star who teams up with detective Janie (Gwyneth Keyworth) to solve the murder of a social media-famous chef. Later at 10pm, BBC Two airs 'Later ... With Jools Holland,' featuring Grammy award-winning James Blake performing tracks from his seventh studio album, 'Trying Times,' along with tributes to BB King and performances from various artists.Sports CoverageSports fans have multiple viewing options, with TNT Sports 1 covering the French Open tennis from Roland Garros, Paris, starting at 9.30am. The day concludes with Premier League football coverage on Sky Sports channels from 3pm, featuring the final day of the season.
#Joseph Fiennes #Gareth Southgate #Dear England
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Sports May 23, 2026

Jacob Bethell's Finger Injury Casts Doubt on England's First NZ Test

England's top-order batter Jacob Bethell is set to return to the UK for further assessment on a fin…
The Injury Blow England's top-order batter Jacob Bethell will return to the UK to be "fully assessed" on the finger injury he picked up playing in the Indian Premier League. Bethell's IPL Absence Bethell was missing from the Royal Challengers Bengaluru side which lost to Sunrisers Hyderabad on Friday, with the captain, Rajat Patidar, confirming the 22-year-old had damaged his finger. The Impact on England's Test Squad The England and Wales Cricket Board confirmed on Saturday afternoon Bethell would have further checks once he had returned home. A statement read: "The England and Wales Cricket Board has agreed with Royal Challengers Bangalore that top-order batter Jacob Bethell will return to the UK after sustaining a left ring finger injury while playing in the Indian Premier League. Possible Replacement and Future Tests Should Bethell not be fit to face New Zealand, then Somerset's James Rew would be in line for his debut, having been included in the squad as batting and wicketkeeping cover. Jofra Archer is already missing the Lord's Test against New Zealand due to his stint with Rajasthan Royals.
#Jacob Bethell #England Cricket #New Zealand Cricket
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Entertainment May 23, 2026

Tonight's TV Guide: Drama, Comedy, and Mystery Across Channels

Tonight's television lineup offers a diverse range of programming from gripping dramas like 'Two We…
The Evening's Premier TV Offerings Television tonight presents an eclectic mix of dramas, game shows, and special celebrations across multiple channels. From a trippy group holiday drama on BBC One to a classic darts game show on ITV, viewers have plenty of options to choose from. Dramatic Escapes and Twisted Holidays Two Weeks in August airs at 9pm on BBC One, featuring Jessica Raine and Damien Malony as friends on a problematic Greek holiday. The drama takes a turn when the group consumes hallucinogenic mushrooms, leading to a twisty, trippy experience. Leila Farzad, Dolly Wells, and Hugh Skinner also star in this sun-soaked drama. Game Shows and Celebrity Competitions Bullseye for Soccer Aid premieres at 5.55pm on ITV1, bringing together celebrities for a classic darts competition. Freddie Flintoff returns as host, with teams including Kym Marsh and her sister-in-law Claire, Jon Richardson and Angela Barnes, and Olly Murs and Mark Wright competing under Richard Ashdown's judging eye. Nobody's Fool at 9pm on ITV1 presents a new quiz show hosted by Danny Dyer and Emily Atack. Ten contestants compete at a manor to appear the most intelligent, with a £100,000 prize at stake. The show combines elements of social experiment with competition, described as "Destination X meets The Traitors." Unique Accommodations Around the Globe World's Most Secret Hotels airs at 8pm on Channel 4, showcasing extraordinary accommodations worldwide. In East Lothian, Scotland, the Bus Stop offers glamping in luxury buses. In Arizona, Castle Hot Springs is located 11km down a dirt road near the Bradshaw Mountains thermal waters. The series is narrated by Julie Walters. Celebrating a Music Icon Cher at the BBC honors the singer's 80th birthday at 9pm on BBC Two. The special features clips of Cher's performances and chatshow moments throughout her career. Cher holds the distinction of being the only artist with US Billboard No 1s in every decade between the 1960s and 2010s, with hits including "I Got You Babe," "Walking in Memphis," "Strong Enough," and "Believe." Classic Detective Reimagined Monsieur Spade at 9pm on U& Drama features Clive Owen as Sam Spade, Dashiell Hammett's iconic detective. Set in 1963 in the south of France, the retired Spade investigates the murder of six nuns, becoming entangled in jurisdictional conflicts with the Vatican. Owen brings a "rumpled melancholy" to the role. Film Highlights for Tonight Is This Thing On?, now available on Disney+, is inspired by the true story of how John Bishop became a comedian. Bradley Cooper directs this drama about marriage and midlife crisis, starring Will Arnett as a New York financier who finds unexpected fulfillment through stand-up comedy. Laura Dern co-stars as his estranged wife. Tom Clancy's Jack Ryan: Ghost War is now streaming on Prime Video. The John Krasinski-led espionage thriller follows the CIA analyst as he teams up with Sienna Miller's MI6 agent to pursue a rogue black ops operative from London to Dubai. The film offers a more relaxed take on the spy genre compared to the high-octane Mission: Impossible series. My Favourite Cake airs at 9pm on BBC Four, celebrating the art of baking with a focus on favorite cake recipes and techniques.
#BBC #ITV #Channel 4
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Tech May 23, 2026

AI Used to Resurrect Voices of Dead Pilots in UPS Crash

The National Transportation Safety Board temporarily removed access to its docket system after disc…
The AI-Powered Voice Resurrection In a striking example of the growing influence of AI, the National Transportation Safety Board (NTSB) temporarily restricted access to its docket system. This decision came after the discovery that AI tools had been used to recreate the voices of pilots who tragically lost their lives in a UPS plane crash last year. The Incident and Investigation The UPS Flight 2976 crash occurred in Louisville, Kentucky. As part of its investigation, the NTSB uploaded a spectrogram file of the voice recorder to its docket system. A spectrogram is a visual representation of sound signals, converted into an image using mathematical processes. This file, combined with a publicly available transcript, provided enough data for individuals to use AI tools—such as Codex—to approximate the audio from the cockpit voice recorder. The Role of AI and Public Data A popular YouTuber, Scott Manley, noted on social media platform X that it was theoretically possible to reconstruct audio from the spectrogram. Using AI, individuals successfully created approximations of the cockpit voice recorder audio. This reconstruction was achieved by combining the spectrogram with the publicly available transcript of the flight. The NTSB's Response Upon discovering these AI-generated voice recordings circulating online, the NTSB took immediate action: Temporarily removed public access to its docket system. Restored access on Friday, but with 42 investigations—including the one related to Flight 2976—remaining closed pending review. The Implications of AI in Data Accessibility This incident highlights the dual-edged nature of AI technology. While AI can be a powerful tool for analysis and insight, it also raises significant concerns about data privacy and the potential for misuse. The NTSB's swift response underscores the challenges that regulatory bodies face in keeping pace with rapidly evolving technologies. The Future of AI in Investigations As AI continues to permeate various sectors, its role in data reconstruction and analysis will likely grow. This incident serves as a critical reminder of the need for robust safeguards and clear guidelines on the use of AI in sensitive investigations. The balance between transparency and protection will be a key focus for the NTSB and similar agencies moving forward.
#AI #National Transportation Safety Board #UPS
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Politics May 23, 2026

Mahmoud Khalil to Appeal US Deportation Case to Supreme Court

Mahmoud Khalil, a pro‑Palestine activist, will take his deportation fight to the US Supreme Court a…
Mahmoud Khalil, a permanent resident targeted for removal by the Trump administration for his pro‑Palestine advocacy, announced on Friday that his legal team will petition the US Supreme Court following a narrow denial of rehearing by a federal appeals court.The Federal Appeals Court’s 6‑5 Decision Blocks RehearingThe US Court of Appeals for the District of Columbia Circuit voted 6‑5 on May 22, 2026 to refuse a rehearing of Khalil’s challenge to his immigration detention, effectively leaving the lower‑court ruling in place.Legal Timeline and Court RulingsMarch 2025: ICE agents detain Khalil.June 2025: Federal judge orders Khalil’s release and blocks deportation on free‑speech grounds.Late 2025: Appeals court rules the district judge lacked jurisdiction.April 2026: Board of Immigration Appeals issues a final removal order.May 2026: Appeals court denies rehearing; Khalil’s team files a petition for Supreme Court review.Implications for Free Speech and Immigration PolicyThe case pits the Trump administration’s use of a rarely invoked provision of the Immigration and Nationality Act—allowing removal based on “lawful” beliefs or statements—against constitutional free‑speech protections championed by the ACLU. If upheld, the administration could set a precedent for targeting dissenting voices under national‑security pretexts, raising concerns among civil‑rights groups about the erosion of First‑Amendment safeguards.Future Outlook: Potential Supreme Court RulingThe Supreme Court’s decision, expected within the next year, will determine whether federal courts retain authority to intervene when immigration enforcement appears to punish protected speech. A ruling in Khalil’s favor could reinforce judicial oversight of executive immigration actions, while a denial may embolden broader use of the “belief‑based” deportation clause.
#Mahmoud Khalil #ACLU #Trump administration
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Sports May 23, 2026

West Ham's Relegation Crisis: David Moyes Called Upon Once Again

West Ham United faces potential relegation from the Premier League with only 36 points, forcing the…
The Lead: West Ham's Relegation Fate Hangs in the Balance West Ham United faces a critical moment as they prepare to face Tottenham with their Premier League status hanging by a thread. With 36 points - the highest total for a relegated team in a decade - they need a victory to have any realistic chance of avoiding the drop, even a draw would require an improbable 12-goal victory against Leeds United. The Managerial Carousel: From Moyes to Nuno West Ham's current predicament comes after a cycle of managerial changes since they initially parted ways with David Moyes. The Scot had twice saved the club from relegation and delivered their first major trophy in 43 years, yet the board sought a more "exciting" style of play. They turned to Manuel Pellegrini, who achieved a 10th-place finish, but when his second season unraveled, Moyes was brought back to steady the ship. After achieving sixth and seventh-place finishes under Moyes, plus winning the Europa Conference League, the club again sought change. Julen Lopetegui lasted six months, Graham Potter eight games, before Nuno Espírito Santo was appointed in September 2025 on a three-year contract. The Tactical Approach: Routine Amid Crisis As relegation looms, Nuno has maintained a steadfast approach, refusing to deviate from his routine despite the mounting pressure. "The same approach, the same routine, the same dedication," he stated. The matchday process remains unchanged: team meetings, tactical preparation, and maintaining team spirit through a "big hug" before kickoff. Nuno has emphasized focus on their own match rather than being distracted by other results, particularly the simultaneous Tottenham vs. Everton fixture that could further impact their fate. The Player Factor: Bowen's World Cup Snub The uncertainty surrounding West Ham's future has been compounded by the news that Jarrod Bowen, a key player who flourished under Moyes, was not included in Thomas Tuchel's England World Cup squad. Despite several call-ups, the winger's omission adds to the club's instability. Nuno spoke to Bowen following the announcement, telling him: "Life is like that, that some decisions you just have to respect." The manager emphasized that Bowen "doesn't have to prove anything" and needs to be "the best of him" for the crucial match against Tottenham. The Future: Potential Exodus and Managerial Uncertainty Should relegation be confirmed, Bowen is expected to be among several key players likely to depart the club. Nuno, who signed a three-year contract just last September, refused to commit to his future beyond Sunday's match. "Our future is Sunday," he stated, "After that we will assess everything that we have to assess." The situation underscores a broader pattern at West Ham: the pursuit of immediate success and exciting football has often undermined the stability that Moyes provided, leading to repeated crises that ironically bring them back to the manager they initially let go.
#West Ham #David Moyes #Nuno Espírito Santo
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Health May 22, 2026

WHO reports 12th hantavirus case in Netherlands aboard MV Hondius

The WHO announced a 12th hantavirus infection in the Netherlands, identified in a crew member of th…
WHO alerts on 12th hantavirus infection linked to MV HondiusThe World Health Organization confirmed that a Dutch crew member of the cruise ship MV Hondius tested positive for the Andes strain of hantavirus, raising the total count to twelve cases. The patient is in isolation and Dutch authorities are conducting weekly testing of all evacuees. Case detection and quarantine measures in the NetherlandsDuring a press conference in Geneva, Tedros Adhanom Ghebreyesus urged all nations to keep monitoring passengers from the ship for the remainder of the quarantine period. The Dutch National Institute for Public Health and the Environment (RIVM) reported that the infected individual was admitted to hospital as a precaution and is now isolating at home. Numbers of cases, contacts and fatalities12 confirmed hantavirus cases globally3 deaths reported to dateMore than 600 contacts being followed in 30 countriesTwo independent laboratories confirmed the positive testWeekly testing continues for all evacuees from the Dutch‑flagged ship Implications for European public‑health preparednessThe Andes strain is the only known hantavirus capable of human‑to‑human transmission, prompting heightened vigilance across Europe. While the RIVM notes the risk of further spread in the Netherlands remains very small, the episode underscores the need for rapid contact tracing, cross‑border coordination, and clear communication to prevent panic. Outlook for containment and future monitoringThe WHO recommends continued surveillance of the 600+ contacts and advises countries to maintain quarantine protocols for any new symptomatic individuals. With no deaths reported since May 2 and the infected crew member isolated, experts expect the outbreak to be contained, but they caution that ongoing monitoring is essential to detect any potential secondary transmission.
#World Health Organization #Andes virus #Netherlands
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Economy May 22, 2026

Kevin Warsh Sworn In as New Federal Reserve Chair Amid Inflation Pressures

Kevin Warsh, 56, was sworn in Friday as the new chair of the U.S. Federal Reserve, succeeding Jerom…
Kevin Warsh, 56, was sworn in Friday as the new chair of the United States Federal Reserve Board of Governors, succeeding Jerome Powell after a sharply partisan Senate vote.Swearing‑In and Senate Confirmation DetailsThe oath of office was administered on May 22, 2026. The Senate confirmed Warsh along party lines, with only Pennsylvania Sen. John Fetterman breaking with his Democratic colleagues.Nomination period: contentious, with accusations of being a “sock puppet” for President Donald Trump.Trump’s opening remarks: “I want Kevin to be totally independent and do a great job.”Democratic Sen. Elizabeth Warren challenged Warsh’s independence during the Banking Committee hearing.Warsh’s first policy meeting: June 16‑17, 2026.Inflation Numbers and Market ExpectationsConsumer prices rose 0.6 % in April after a 0.9 % increase in March, according to the latest CPI report.Annual CPI: 3.8 % YoY – the largest rise in three years.Energy prices: up 17.9 % over the past year.Average gasoline price: $4.56 per gallon (up from $2.98 on Feb 28).JPMorgan Chase forecasts rates will stay unchanged until mid‑2027, with a possible rise thereafter. CME Group’s FedWatch tool shows a 97 % probability that rates remain unchanged at the next meeting.Implications for Fed Independence and Monetary PolicyWarsh inherits a central bank under intense political scrutiny. While he pledged “not naive” about inflation challenges, the White House’s push for rate cuts collides with the Fed’s mandate to curb price growth.The Fed’s April minutes highlighted persistent inflation risks from geopolitical tensions and sector‑specific price pressures, reinforcing concerns about long‑term rate stability.Outlook for Rate Decisions and Economic GrowthGiven the 97 % odds of a hold at the June meeting and JPMorgan’s mid‑2027 rate‑rise scenario, markets are likely to price in a prolonged period of policy stability.Analysts will watch Warsh’s leadership style and his ability to balance political expectations with the Fed’s statutory independence as inflationary pressures evolve.
#Kevin Warsh #Federal Reserve #Jerome Powell
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