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Business May 31, 2026

The Schreiber Dilemma: Tax Avoidance vs. Homelessness Provision

A Guardian investigation exposes the Schreiber family's alleged dual exploitation of UK property ma…
The Schreiber family, presiding over a nationwide commercial portfolio via the Midos Group, is at the center of a growing controversy involving two distinct business models: aggressive tax avoidance and the profiteering from the UK's housing crisis. The Dual Nature of the Schreiber Business Empire The investigation reveals a complex web of family-owned entities that appear to operate on opposite ends of the social spectrum. On one side, the Midos Group is accused of exploiting a controversial tax scheme to avoid business rates on empty commercial properties. On the other, a similarly named but ostensibly separate entity, Midos Management Co, is profiting from the UK's chronic shortage of social housing by arranging temporary accommodation for homeless residents. Midos Group: Accused of using the 'faith room' scheme to avoid rates on empty units. Midos Management Co: Collecting fees for arranging temporary accommodation for councils. Key Figures: David Schreiber (Midos Group) and Elizabeth Endzweig (Midos Management Co). Financial Impact of the 'Faith Room' Tax Loophole The core of the tax avoidance allegations centers on a provision that exempts property owners from paying business rates if the space is made available for religious worship. The 'faith room' scheme, marketed by Verity, allegedly involves minimal activity—such as placing a notice and a staff member reading scripture—to create the appearance of worship. Total Savings: Landlords have saved at least £18m through this scheme. Specific Case: Dover District Council is suing for £1.7m of unpaid tax. Properties Involved: Discovery Park in Kent and a disused pub in Clapham, London. Profiting from the Homelessness Crisis While the family allegedly avoids taxes on empty buildings, they are simultaneously capitalizing on the housing emergency. Midos Management Co acts as an intermediary, matching councils with private landlords to house homeless residents. Despite claims of separation, evidence suggests significant overlap between the two entities. Revenue Collected: At least £43m collected on behalf of landlords since 2019. Client Base: Lambeth council and at least four other councils. Directorship Overlap: Elizabeth Endzweig, daughter of David Schreiber, is a co-director of multiple companies sharing the same address as Midos Group. The Future of UK Property Tax Compliance The revelations highlight a growing tension between private profit and public service obligations. With MPs and councils increasingly scrutinizing these arrangements, the 'faith room' exemption is likely to face tighter regulatory oversight. The case sets a precedent for how closely connected family businesses can be without violating anti-avoidance rules, potentially leading to stricter audits of corporate structures in the property sector.
#Schreiber family #Midos Group #Tax Avoidance
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Business May 31, 2026

Sky Pulls Out of UAE News Venture Amid Sudan Genocide Denial Claims

Sky is relinquishing its strategic and operational stake in the UAE‑based joint venture Sky News Ar…
Sky announced it will exit its 24‑hour Arabic news joint venture with the United Arab Emirates, Sky News Arabia, following intense criticism over the channel’s coverage of the Sudan war and accusations of genocide denial. Under a new commercial agreement, Sky will give up all strategic and operational control but will continue to license the Sky News brand to the outlet. Strategic Withdrawal and New Licensing Arrangement The exit sees Sky handing over full ownership to IMI, the investment vehicle controlled by Sheikh Mansour bin Zayed al‑Nahyan, UAE vice‑president and Manchester City owner. In a statement, David Rhodes, executive chairman of Sky News Group, said the partnership had built a significant regional presence and that the timing was right for a change. IMI will now steer the platform’s future, while Sky secures a multi‑year brand‑licensing deal that lets the channel retain the Sky News Arabia name. Timeline of Sky News Arabia’s Decade‑Long Presence 2010: Channel launched in Abu Dhabi as a rival to Al‑Jazeera and BBC Arabic. 2012: Joint venture began broadcasting across the Middle East and North Africa. November 2025: Sudanese government banned the channel after a report claimed stability in El Fasher. February 2026: UN fact‑finding mission identified “hallmarks of genocide” in the RSF siege of El Fasher. May 2026: Sky announces exit and new licensing deal. Reputational and Regional Implications of the Sudan Coverage Controversy Internal Sky executives grew uneasy about the editorial line taken by Sky News Arabia, which was accused of whitewashing atrocities committed by the UAE‑backed Rapid Support Forces (RSF). Specific concerns included a report that downplayed the humanitarian crisis and the fact that the channel’s reporter in El Fasher was married to a senior RSF official. The controversy prompted Sudan to ban the channel and heightened scrutiny of the venture’s credibility across the Arab world. Future Outlook for Sky’s Middle‑East Footprint Nakhle ElHage, chief transformation officer at IMI, said the next phase will focus on building the platform into the leading multi‑media news destination for the Arab world. For Sky, the move mirrors a similar decision in Australia, where a licensing agreement for the Sky News brand is ending and the channel will rebrand as News24. The brand‑licensing arrangement allows Sky to maintain a presence without direct editorial responsibility, while IMI gains full control to shape content and investment strategy.
#Sky #IMI #Sheikh Mansour
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Sports May 31, 2026

Liverpool's Post-Slot Era: Key Challenges for the New Manager

Liverpool faces significant challenges as they prepare for life after Arne Slot, with the new manag…
The Lead: Liverpool at a CrossroadsAs Liverpool prepares for life after Arne Slot, the club faces significant challenges that will define their immediate future. The Dutchman's tenure ended without the dominance expected, leaving a squad in need of strategic overhaul both on and off the pitch. The new manager inherits a team that must rediscover its identity while addressing key personnel departures and tactical shortcomings.Style Evolution: From Heavy Metal to Soft RockPerhaps Mohamed Salah's style of communication wasn't the slickest, but he was correct that Liverpool need to redefine the style of football they play. Everything on the pitch last season under Arne Slot felt very placid as Liverpool failed to dominate opponents and were often found overrun. The new head coach will want to demonstrate his plans and implement an attacking style to best use what is available to him. Anfield does not want to witness back-foot football, fans want to see a swagger to those in red. Supporters and Slot suffered from a disconnect in the final months. The Dutchman was hindered by not possessing the vivacious personality of Jürgen Klopp nor the results in the end, and the aforementioned tedious style. The successor will want to put fans at the forefront and build a strong bond between stands and dugout, built on a platform of attractive play.Investment Analysis: Underperforming Key SigningsAfter spending heavily last summer trying to build a squad capable of dominating the Premier League for years to come, it was difficult to pick out someone who thrived. Hugo Ekitiké was the best of the new arrivals but record signings Florian Wirtz and Alexander Isak barely made the season's footnotes. Isak could at least attribute his struggles to fitness and injury problems, including a leg fracture, but the German's first taste of English football was a sour one. He never looked comfortable as a No 10, physically finding it tough going as speed on the ball and strength in battle were lacking. Getting the best out of a clearly talented player must be a priority, because Wirtz has the capabilities to open defences and help Liverpool control games but needs a confidence boost and an arm around the shoulder.Structural Impact: Midfield Deficiencies and Leadership VacuumWirtz is part of a wider midfield issue that lacks physicality and an obvious No 6. Ryan Gravenberch was elected as the man for the role by Slot, which worked well when the possession stats were in Liverpool's favour but finding someone who can break things up effectively is advisable. Every other team have someone who can break up play but Liverpool lack someone in that role. Not since Georginio Wijnaldum or Fabinho have the club possessed someone capable of overwhelming opponents with their physical attributes and in an evolving sport, this oversight must end. Dominik Szoboszlai being moved around the pitch was unhelpful because he can be one of the best central midfielders in the world but needs a defined position to make his own.The players departing Anfield are weighed down with individual and team trinkets, thanks to the success they have enjoyed with Liverpool. Arguably, the influence of Salah and Andy Robertson on the pitch waned in their final season with the club but their experience and winning mentality will be a huge loss to the dressing room and training ground. Ibrahima Konaté is another exiting, providing a recruitment headache the club were not fully anticipating. It does beg the question if it is the right time to allow Alisson Becker, who has suffered from injury problems in recent times, to be sold and allow a new generation to start afresh, with Virgil van Dijk leading the transition. There are plenty of potential internal candidates who can take on greater responsibility but it may require a change in transfer strategy to acquire players in their late-20s with Champions League experience to help give the right balance.Defensive Rebuild: Addressing Key DeparturesKonaté's contract expiration will be softened by Jérémy Jacquet's impending arrival but further investment is required. Van Dijk's longevity is unknown so finding a partnership for the long term will be critical; a more rugged centre-back like Nottingham Forest's Murillo could be an ideal choice to offer balance and greater aggression. Competition for Milos Kerkez will be important, but if Andoni Iraola does take the job the reunion could get the best out of the Hungarian and get him to flourish after a mixed first year on Merseyside. On the opposite side, continuity would help everyone because Slot was forced to trying numerous people in the role, many out of position. Ideally, Conor Bradley or Jeremie Frimpong can make it their own, having struggled to replace Trent Alexander-Arnold, although both have suffered with injury problems. If they can stay fit, they both possess the quality to be a solution, especially if clever coaching can embrace their attacking prowess and incorporate more defensive discipline.Future Outlook: Rebuilding the AttackSlot insisted that new wingers would change the dynamic next season but he will not be the one to benefit. Salah is off, Federico Chiesa cannot carry on as a bit-part, so will almost certainly leave too, freeing up some space on the flanks. Rio Ngumoha offered brief teenage glimpses of excitement as someone with the pace and trickery to get past full-backs. Frimpong, brought in as a right-back, was more often found on the wing because he possessed the speed Slot desired in those areas, while also offering a further indication that the transfer dealings left a lot to be desired. They did not replace the maverick tendencies of Luis Díaz and Cody Gakpo has never looked a natural winger. Targeting new wide men will be imperative. RB Leipzig's Yan Diomande, Brighton's Yankuba Minteh or Athletic Club's Neco Williams would be ideal candidates to bring thrust to a side lacking dynamism and get supporters off their seats.
#Liverpool FC #Arne Slot #Premier League
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Sports May 31, 2026

Mexico Edges Past Australia in Pre-World Cup Friendly

Mexico secured a 1-0 victory over Australia in a pre-World Cup friendly match, with Johan Vasquez's…
The Lead: Mexico's Pre-World Cup VictoryWorld Cup cohosts Mexico secured a confidence-building 1-0 victory over Australia in a friendly match at the Rose Bowl in San Antonio. The win comes as both nations face critical decisions ahead of the upcoming tournament, with squad deadlines fast approaching.The Event Details: Vasquez Header Proves DecisiveA Johan Vasquez header from a set-piece in the 28th minute gave Mexico the lead, which they successfully maintained despite a stronger second-half performance from Australia. The match was played in front of a crowd of 78,479 pro-Mexico supporters, with both coaches making numerous substitutions to test different lineup options.Mexico coach Javier Aguirre made nine changes from the team that defeated Ghana 2-0 the previous week, while Australia's coach Tony Popovic also experimented with his lineup. The match included mid-half drinks breaks and allowed 11 substitutions per team—double the World Cup limit—as part of the simulation of tournament conditions.The Performance Analysis: Mixed Results for Both SidesMexico's fringe lineup showed promise despite a defensive howler that nearly cost them a goal. Midfielder Luis Chavez's error left goalkeeper Raul Rangel exposed, but Australia's Mohammed Toure volleyed wide with an empty goal. Mexico's Alexis Vega created several opportunities, including a header that forced a fine save from Australian goalkeeper Mat Ryan.Australia improved in the second half, with substitute Kai Trewin's through-ball finding Ajdin Hrustic, whose shot was saved by Guillermo Ochoa after he replaced Rangel at halftime. Mexico also had a goal disallowed in the 76th minute when a free-kick was taken too quickly, leading to heated exchanges between the teams.The World Cup Implications: Squad Decisions LoomWith both nations required to submit their 26-man World Cup squads to FIFA by June 1, the friendly provided valuable final testing grounds. Mexico's performance with their second-string squad gives Aguirre confidence in his depth, while Australia's second-half improvement suggests Popovic has tactical flexibility to consider.The match also highlighted the challenges both teams face. Mexico's defensive lapses will need addressing, while Australia's inability to capitalize on clear chances against a changed Mexican side raises questions about their finishing ability in crucial moments.The Tournament Outlook: Road to World Cup 2026Mexico begins their World Cup campaign on June 11 against South Africa in Mexico City, followed by matches against South Korea and the Czech Republic. As cohosts, they will have significant home-field advantage throughout the tournament.Australia starts their tournament against Turkey on June 13, with subsequent matches against cohosts United States and Paraguay. Both teams will use this pre-tournament preparation to finalize their strategies and optimal lineups for the challenges ahead.
#Mexico #Australia #World Cup 2026
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Lifestyle May 31, 2026

Germany Reclassifies Nightclubs as Cultural Venues to Save Struggling Nightlife Scene

Germany's government has approved a fundamental change to building regulations that would formally …
A Historic Shift for German NightlifeGermany's embattled nightlife scene has received a potential lifeline with the government's approval of a fundamental change to building regulations that would formally recognize nightclubs as providing cultural and artistic value. This move, approved by Friedrich Merz's cabinet last week, could give a much-needed boost to the country's struggling nightlife industry by making it more difficult for developers to evict venue operators in favor of new construction.The Cultural Recognition RevolutionUnder the new regulations, nightclubs will be formally distinguished from amusement and adult entertainment facilities, addressing a classification system that industry advocates say has unfairly grouped them with brothels, strip bars, and betting shops. While clubs often face stricter scrutiny due to noise regulations, the new rules will allow them to operate in certain residential areas, acknowledging their role in attracting international audiences and supporting the economy.The Economic Impact on Cultural VenuesThe reclassification comes as Germany's nightlife faces significant economic challenges, with rising real estate costs, post-pandemic social shifts, and noise disputes leading to numerous closures. The Clubcommission, an association representing clubs, festivals, and cultural events, estimates that nearly half of Berlin's clubs are considering closing. Legendary venues such as SchwuZ, Watergate, and Mensch Meier are among the most prominent recent shutdowns, highlighting the severity of the economic pressures facing these cultural spaces.Industry Transformation and Urban DevelopmentThis regulatory shift represents a significant change in how German cities approach urban planning and cultural preservation. By recognizing clubs as cultural centers alongside opera, theatre, and high culture, the legislation acknowledges their role in nurturing emerging talent and contributing to a vibrant city life. The move could slow down the "Clubsterben" phenomenon that has grown across Germany in recent years, particularly affecting Berlin where many alternative spaces sprang up on wasteland and abandoned industrial sites after the fall of communism.The Future of Germany's Nightlife LandscapeWhile the new legislation offers hope for Germany's nightlife, some industry members worry it may have come too late for many venues. Jakob Turtur, who runs the popular collaborative cultural space and nightclub collective Jonny Knüppel, welcomed the changes but feared they had come too late for his club and Berlin's embattled club culture more generally. The legislation still requires approval from the Bundestag and the Bundesrat, though cross-party support makes its passage likely. This historic moment for German club culture may mark the beginning of a new era where nightlife is recognized as an essential component of a vibrant, diverse urban landscape.
#Germany #Nightlife #Club Culture
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Sports May 31, 2026

The Zen Attitude of North London: Fans Prioritize History Over Glory

As Arsenal faced Paris Saint-Germain in the Champions League final, fans in North London displayed …
The Zen Attitude of North London: Fans Prioritize History Over GloryThe streets of Holloway, usually bustling with daily life, fell into a tense silence on Saturday afternoon, only to erupt in celebration moments later as Arsenal walked onto the pitch for the Champions League final. However, the defining narrative of the evening was not the result on the field, but the psychological state of the supporters. Unlike previous generations burdened by the weight of near-misses, this cohort of Gooners approached the match with a 'zen' attitude, expressing contentment regardless of the outcome.Atmosphere in Holloway: A City in Celebration ModeThe atmosphere around the Emirates stadium was electric, with pubs like the Victoria Tavern at full capacity and local businesses adapting to the occasion. A creative touch on the Holloway Road saw an Argos sign modified to read 'Ar-senal,' symbolizing the community's embrace of the team. The mood was one of collective pride rather than desperate anxiety. Kai Havertz gave the team a dream start with a goal just five minutes in, but the fans remained calm, understanding that the season's narrative had already been rewritten.Scene: North London streets quiet until Arsenal walked onto the pitch.Support: Fans traveled from Paris, Ghana, and across the UK to celebrate.Signage: Local businesses adapted to the event, including the Argos sign modification.Historical Context: The Weight of a 22-Year DroughtThe 'zen' attitude stems from the resolution of a 22-year wait for the Premier League title. For fans like Lucy, a 30-year supporter, the achievement of winning the league was the pinnacle of the season. The loss in the shootout to Paris Saint-Germain (PSG) was viewed as a secondary disappointment to the historic league win. This perspective highlights a significant shift in fan psychology, where the tangible reward of a league title outweighs the intangible glory of a European cup.Cultural Shift: The Rise of a Mature FanbaseThe resilience displayed by fans like Jack Devonport and Issac from Ghana illustrates a maturation of the Arsenal fanbase. Having witnessed past heartbreaks, including cup finals and heavy defeats, the current generation views the season as a complete success. The ability to be 'happy either way' suggests a psychological fortitude that allows the club to move forward without the crippling fear of failure that has haunted the club in previous decades.Future Outlook: Building on a Foundation of ResilienceArsenal's ability to secure the league title despite a challenging season sets a strong foundation for future ambitions. The fanbase's acceptance of the Champions League final result, coupled with the joy of the league win, indicates a sustainable model for club success. As the club looks to build on this season, the psychological barrier of 'almost' has been broken, paving the way for a new era of competitive stability.
#Arsenal #Paris Saint-Germain #Kai Havertz
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Business May 31, 2026

Young First-Time Home Buyers Face Toughest Time Since Financial Crisis

The CEO of Barratt Redrow, David Thomas, warns that young first-time buyers are facing the toughest…
The Struggle of Young First-Time Buyers The boss of Britain’s largest housebuilder has said it is the most challenging time to be a first-time buyer since the financial crisis, as the dream of home ownership moves increasingly out of reach for many young people. The Challenges Facing First-Time Buyers A combination of rising interest rates, higher levels of student debt and the squeeze on wages is making it “challenging, very, very difficult” for young people to get on the housing ladder, according to David Thomas, the departing chief executive of Barratt Redrow. Rising interest rates are increasing the cost of borrowing Higher levels of student debt are reducing available earnings for mortgage purposes Wage stagnation is limiting the ability to save for deposits The Impact on the Housing Market As a result, Thomas said the average age of a first-time buyer was increasing, which was among the factors leading “towards generational inequalities”. Zoopla reported that there are 6% fewer first-time buyers in the market than a year ago. The Call for Government Action Thomas is calling on the government to put in place a package focused on first-time buyers, adding that Barratt Redrow and other housebuilders have said they would be happy to contribute to such a package. The Future of Home Ownership “There are very big implications for the country if people are not getting on to the housing ladder and are going to rent on a permanent basis. Home ownership, in terms of the building of the homes, in terms of people owning their own homes, has big benefits for the country,” he said.
#Barratt Redrow #UK Housing Market #First-Time Buyers
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Business May 31, 2026

London's Tipping Point: Rescuing Building Materials and Revolutionizing Construction

A London-based initiative, Tipping Point East, is leading a revolution in sustainable construction …
The Crisis in Construction Waste The UK construction industry produces around 62% of the country's waste, with much of it ending up in landfills. This has sparked a movement to renovate existing buildings and reuse materials whenever possible. The Birth of Tipping Point East Joel de Mowbray, a construction professional, was inspired to create change after witnessing the waste generated by construction projects. He founded Yes Make, a design collective that mills urban trees to provide local timber for building projects. A New Hub for Circular Construction Yes Make has partnered with Resolve Collective and Material Cultures to launch Tipping Point East (TPE), a hub in Newham that promotes circular construction practices. The hub processes and certifies used construction materials for reuse or donation. The Data Analysis The construction industry's reliance on centralized milling facilities results in the UK being the world's third-largest timber importer. TPE aims to reduce this waste by providing an alternative source of materials. The Impact Analysis TPE's efforts have the potential to significantly reduce waste and promote sustainable construction practices. The hub offers study visits and training to improve skills and demystify construction. The Prediction De Mowbray envisions a future where TPE and similar initiatives become a crucial part of the construction industry. He likens it to the 'Dunkirk spirit,' where small, community-driven projects come together to make a significant impact.
#Yes Make #Tipping Point East #Material Cultures
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Sports May 30, 2026

A Season from Hell: How Arne Slot's Liverpool Fell Apart After Death of Jota

Liverpool's 2025-26 season descended into chaos following the tragic death of forward Diogo Jota, l…
The Tragedy That Shook LiverpoolThe Liverpool football club faced an unimaginable start to the 2025-26 season when forward Diogo Jota died in a car accident on July 3, 2025, along with his brother André Silva. The tragedy occurred just 11 days after teammates attended Jota's wedding to the mother of their three children. This devastating event came on the heels of another tragedy during Liverpool's title celebrations in May, when a car drove into crowds, injuring 134 people. These dual tragedies created an emotionally charged environment that manager Arne Slot had to navigate while preparing for the new season.Early Promise and Sudden CollapseDespite the emotional backdrop, Liverpool showed resilience early in the season, starting with seven wins including dramatic late victories against Arsenal. The club made significant investments in the transfer market, securing Alexander Isak for a British record £125m, along with Florian Wirtz (£116m), Hugo Ekitiké (£69m), Milos Kerkez (£40m) and Jeremie Frimpong (£29.5m). However, the momentum abruptly ended with consecutive defeats to Crystal Palace, Chelsea, and a Champions League loss to Galatasaray. The turning point came when Manchester United secured their first away win at Anfield since January 2016, with Harry Maguire's 84th-minute header sealing a 1-0 victory that signaled the beginning of Liverpool's title defense collapse.Three Consecutive Heavy DefeatsThe situation deteriorated rapidly with three consecutive three-goal defeats that exposed deep structural issues. First, a 3-0 loss at Manchester City was followed by a shocking 3-0 home defeat to Nottingham Forest, who were just one place off the bottom of the table at the time. The humiliation was complete when PSV Eindhoven visited Anfield and won 4-1, leaving Liverpool in complete disarray. These results not only ended any realistic hopes of retaining the Premier League title but also raised serious questions about the team's defensive organization and mental fortitude.Salah's Public Fallout with ManagementManager Arne Slot's decision to drop Mohamed Salah sparked a public crisis. The club's star player, who had been named Footballer of the Year twice in the previous season, was left on the bench for 90 minutes during a 2-0 win at West Ham. When Salah was again omitted from the lineup against Sunderland and Leeds, where Liverpool threw away leads in a chaotic 3-3 draw, he launched an extraordinary verbal attack in the mixed zone, stating: "I can't believe... I'm sitting on the bench for 90 minutes... It seems like the club has thrown me under the bus. That is how I am feeling." This public fallout culminated in Salah's announcement that he would leave the club at the end of the season, signaling a significant fracture in the team's leadership.Injuries and Missed OpportunitiesThe season was further hampered by injuries to key players, particularly the £125m signing Alexander Isak. After struggling for fitness following his move from Newcastle, Isak finally showed promise when he scored his first league goal against Tottenham in December 2025. However, his celebration was cut short when he suffered a broken leg in the same match. The injury epitomized a season where Liverpool's significant investments failed to yield returns, with the team rarely convincing for more than 45 minutes at any time during their 13-match unbeaten run.European and Domestic DisappointmentWith their Premier League title hopes long gone, Liverpool's focus shifted to cup competitions. However, their season ended in disappointment with elimination from both the Champions League quarter-finals and FA Cup. Key losses included a 4-0 defeat to Manchester City in April and a 3-0 loss to PSG in the Champions League, which extinguished any lingering hopes of silverware. These results confirmed that Liverpool's season had deteriorated from promising to disastrous, with the club failing to build on their previous season's success.Managerial Change and Future OutlookThe culmination of these events led to Liverpool's decision to sack Arne Slot after just two years in charge, with Andoni Iraola reportedly in line to replace him. The club's leadership now faces the challenge of rebuilding not just the team's tactical approach but also the dressing room culture that fractured during this difficult season. With Mohamed Salah's departure and questions about the club's transfer strategy, Liverpool must address both immediate squad needs and long-term structural issues to return to competing for major trophies.
#Liverpool #Arne Slot #Diogo Jota
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