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World Economy Apr 01, 2026

Berkeley Halts Land Purchases and Implements Hiring Freeze as Iran War Triggers UK Housing Market Shock, Forecasts £1.4bn Profit by 2030

London‑focused housebuilder Berkeley announced a stop to new land acquisitions and a hiring freeze …
Berkeley, one of Britain’s largest housebuilders, said it will cease buying new land and impose a hiring freeze as it confronts the impact of the Iran war and broader geopolitical volatility on the UK property market.The FTSE 100 company warned that a reduced likelihood of further interest‑rate cuts and soaring regulatory costs could weigh heavily on its business, prompting cost‑cutting measures that also include using fewer subcontractors.In a significant outlook revision, Berkeley now expects to generate more than £1.4 billion in pre‑tax profit between 2027 and 2030, a stark increase from the roughly £450 million it had forecast for the current year and 2027.Market reaction was swift: the company’s shares plunged up to 18 % on Wednesday morning, later recovering to sit about 13 % lower, making Berkeley the worst performer on the FTSE 100 that day.Berkeley’s statement noted that early‑2026 sales showed modest recovery, but “recent geopolitical events and the macro‑economic consequences, including reduced potential for further rate cuts, could reduce confidence in a near‑term market recovery.”The firm cited “unprecedented” increases in costs and regulation, alongside weak buyer demand, as reasons for halting land purchases, arguing it can no longer achieve a sufficient rate of return on new sites due to a continuous rise in tax and regulatory burdens.These challenges arrive as the UK government pushes to meet ambitious new‑home building targets, while the sector grapples with higher taxation, new building‑safety rules, and longer planning timelines—Berkeley estimates approvals now take about 12 months longer than before.The ongoing war in Iran has amplified inflation fears, lifted mortgage rates above 5 % and heightened mortgage‑cost pressures for consumers, according to Moneyfacts data.Competitors such as Barratt, Redrow and Persimmon have also suffered, each losing more than 20 % of their market value, underscoring the broader stress across the housing‑construction industry.Berkeley, headquartered in Surrey, employs over 2,500 people and focuses on brownfield regeneration projects. It holds land sufficient for 50,000 homes with an additional pipeline for 10,000 homes in London and the south‑east, but will slow construction on existing sites to match market demand and regulator approvals.
#new #land #berkeley
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Politics Apr 01, 2026

UK Energy Crisis: 'Keep Calm but Cut Down' Message Urged as Labour Faces Rising Bills

The UK government is urged to adopt a 'keep calm but cut down' message as Labour faces rising energ…
The UK government is facing growing pressure to address the looming energy crisis sparked by the Iran war. Despite the £117-a-year cut to household utility bills announced in the autumn budget, energy costs are expected to rise again in the summer. The latest forecast from consultancy Cornwall Insight estimates the cost of a dual-fuel bill will rise by 17.6% from July.Labour ministers have been urging people to 'keep calm and carry on,' but critics argue that this message may be underplaying the scale of the challenges ahead. Andrew Sissons, director of the climate programme at Nesta, says the reality is that the global supply of oil and gas is going to be down by maybe 20%, and everybody needs to consume less.The government is trying to balance the need to address the cost of living crisis with the risk of sowing panic and denting consumer confidence. However, experts argue that a more nuanced message, such as 'keep calm but cut down,' could be more effective in encouraging people to reduce their energy consumption.Jill Rutter, of the Institute for Government thinktank, suggests that people can take steps to manage down their consumption, such as being more efficient and switching to clean electricity. The government is also facing pressure to reconsider its plans to reverse the Tories' 5p cut to fuel duty.As the conflict continues, the 'keep calm and carry on' message may sound increasingly adrift from reality. The government must navigate the challenges of addressing the energy crisis while avoiding panic and maintaining consumer confidence.
#Labour Party #UK government #Iran
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Video Mar 31, 2026

UK Pro-Palestine Activist Re-Arrested Shortly After Release on Bail

A UK pro-Palestine activist has been re-arrested just weeks after being released on bail, sparking …
A prominent pro-Palestine activist in the United Kingdom has been re-arrested merely weeks after being released on bail, raising questions about the treatment of activists and the limits of free speech.The activist, who had been released on bail following a previous arrest, was taken into custody again, highlighting the ongoing tensions between law enforcement and pro-Palestine advocacy groups in the UK.The re-arrest has sparked concerns among human rights groups and activists, who argue that it undermines the right to peaceful protest and free expression. The UK government has faced criticism for its handling of pro-Palestine activism, with many accusing authorities of suppressing dissenting voices.
#pro-palestine #activist #arrested
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World Economy Mar 31, 2026

UK Steel Industry Faces Job Cuts and Closures Amid 'Back Door' Loophole in Trade Rules

Steel bosses warn that a loophole in new UK trade rules could lead to job cuts and factory closures…
The UK steel industry is facing a significant threat to its survival due to a 'back door' loophole in new trade rules, which could result in job cuts and factory closures. The loophole allows pre-made steel parts, such as bridge sections, columns, and door frames, to enter the UK tax-free, undermining the government's efforts to protect British manufacturers.Earlier in March, the UK government announced plans to double tariffs on imported steel and cut the amount that can be bought from abroad in an attempt to protect Britain's struggling steelmakers. However, industry bosses argue that the measures do not go far enough, as they only target imports of raw steel and leave pre-made steel products untouched.The loophole has been criticized by industry leaders, including Simon Boyd, managing director of Reidsteel, who stated that it would 'undo what the government's trying to do to protect steelmaking' and 'kill the downstream customers of steelmakers in the UK off'. The UK steel industry employs around 10,000 people and has suffered decades of job losses.The wider network of downstream manufacturers that turn steel into finished products is estimated to support 300,000 jobs. However, the industry is under significant pressure from rising energy costs and the threat of cheap imports. The government's new rules are expected to incentivize buyers to follow suit, as they will push up the price of UK-produced steel.A government spokesperson said that their steel strategy is protecting UK producers, with robust new measures applying to all steel products that can be made in the UK. However, industry leaders argue that more needs to be done to prevent job losses and factory closures.
#steel #british #industry
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World Mar 31, 2026

World Leaders Must Stop Gaza‑Style Atrocities from Spreading to Lebanon

Medical Aid for Palestinians warns that Israel’s tactics in Gaza—mass forced displacement, attacks …
In a recent editorial, the Guardian highlighted the danger of Israel applying the same brutal tactics used in Gaza to Lebanon, and Medical Aid for Palestinians echoes that warning.Field reports from Lebanon describe a climate of terror fueled by mass forced‑displacement orders and relentless military strikes, including assaults on healthcare workers. Aid groups are scrambling to assist Palestinian refugees who have fled their homes, while many others remain trapped, deepening panic in already overcrowded camps plagued by poverty and scarce services.The Israeli military appears to be mirroring Gaza’s playbook: terrorising civilians, imposing forced displacement, and targeting humanitarian and medical infrastructure. Despite a declared cease‑fire in Gaza, Israeli attacks have killed more than 690 Palestinians since October, and restrictions on aid are creating lethal shortages of medicines and equipment.Meanwhile, the West Bank endures escalating settler violence and an Israeli annexation agenda that now threatens to extend into Lebanon, further destabilising the region.Medical Aid for Palestinians stresses that impunity for attacks on civilians and health services endangers both the populations they serve and the organisation’s staff across Gaza, the occupied West Bank and Lebanon.According to the statement, the UK government must not cherry‑pick when to uphold international law. It calls for decisive action to hold all perpetrators accountable, warning that inaction will lead to catastrophic human costs. The world, it asserts, cannot allow the horrors witnessed in Gaza to be replayed in Lebanon, and governments should not become complicit allies of such atrocities.
#israel #lebanon #gaza
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Society Mar 31, 2026

UK Calls for Tighter Regulation on Private Cannabis Clinics After Fatal Prescription

The brother of a man who died after being prescribed medicinal cannabis is calling for tighter regu…
The tragic case of Oliver Robinson, a 34-year-old who took his own life in November 2023, has sparked a campaign for stricter controls on private cannabis clinics in the UK. An inquest concluded that Robinson's prescription for medicinal cannabis, issued by Curaleaf Clinic, probably contributed to his death and acted as an obstacle to him receiving proper psychiatric and addiction care. Robinson had been struggling with depression and addiction, and had been treated at the Priory, a private mental health facility. He was initially prescribed medicinal cannabis in May 2022, which initially provided relief but ultimately worsened his condition. The coroner's report highlighted several failings in his care, including the use of an out-of-date GP summary care record and incomplete information in prescribing decisions. Alexander Robinson, Oliver's brother, is now advocating for tighter regulation of private cannabis clinics, including a ban on prescribing to patients with serious mental illness and greater oversight of the rapidly expanding industry. He believes that the current safeguards are not strong enough to protect vulnerable psychiatric patients. The UK government reported about 5,000 NHS prescriptions for licensed cannabis-based medicinal products in 2023, while freedom of information data showed that 659,293 unlicensed cannabis products were privately prescribed in 2024, more than double the number issued in 2023. Critics argue that there is limited evidence that cannabis is an effective treatment for depression and other common mental health conditions. Dr. Pavan Chahl, an expert psychiatrist, told Oliver's inquest that medicinal cannabis should not have been prescribed to someone with a history of severe psychiatric disorder, citing a lack of evidence for efficacy in depression and the risk of worsening symptoms. In response to the campaign, Curaleaf Clinic stated that it would engage constructively with any review or consultation aimed at strengthening patient safety across the sector.
#his #oliver #cannabis
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Environment Mar 31, 2026

England's New 'Simpler Recycling' Law Targets 65% Municipal Recycling Rate by 2035

From 31 March 2026 England will enforce the Simpler Recycling legislation, mandating separate weekl…
New legislation takes effect on 31 March 2026 as the UK government rolls out the Simpler Recycling framework, requiring every council in England to provide distinct collections for food & garden waste, paper & card, all other dry recyclables (glass, metal, plastic, cartons) and residual waste. This uniform approach replaces the historic “postcode lottery” of waste services, applying to all households – including flats and communal properties. Recycling performance: England’s municipal recycling rate has plateaued at ~44% for several years, well below Wales (57%) and Northern Ireland (≈50%). The government’s ambition is a 65% recycling rate by 2035, a target that will require substantial behavioural and infrastructure shifts. Environment minister Mary Creagh confirmed that councils have received a notable budget increase for 2026 to support the rollout. How collected material is processed: Once gathered, waste is taken to Materials Recovery Facilities where magnets, optical scanners and air jets separate streams into paper, plastics, glass and metals. These are then baled and sent to reprocessors for conversion into new products. Approximately 50% of the UK’s recycled plastic is exported, mainly to Turkey, the Netherlands and Malaysia. This export trend has drawn criticism for undermining the domestic recycling sector, which industry estimates could generate £2 billion in revenue and support around 5,000 jobs. In the past two years, 21 plastic‑recycling facilities have closed, citing low virgin‑plastic prices, competition from cheap Asian imports and the scale of exports. By contrast, the UK still lacks a ban on plastic‑waste exports to developing nations, a policy the EU has already adopted. Paper and cardboard recycling also relies heavily on overseas processing, with 3.4‑4.3 million tonnes shipped abroad each year. Food waste collection overhaul: The most visible change is the introduction of free, weekly food‑waste collection for every household. Residents will receive a small kitchen caddy and a larger outdoor bin. When separated, food waste can be fed into anaerobic digestion facilities to produce renewable energy and bio‑fertiliser, reducing landfill‑derived methane – a greenhouse gas over 80 times more potent than CO₂. The policy is also expected to raise public awareness of personal waste generation, encouraging more responsible disposal habits. Implementation timeline: While all councils must standardise dry‑recycling collections by 31 March, a transitional arrangement allows 31 councils to delay the start of weekly food‑waste collection beyond the initial Tuesday. Contamination risks: Mixing biodegradable or compostable plastics with conventional recyclable plastics can contaminate entire batches, rendering them unrecyclable. Similarly, placing paper or cardboard in residual waste diverts it to landfill or incineration, increasing greenhouse‑gas emissions. Toothpaste tubes have historically been problematic, but a Wrap‑led initiative now makes most tubes 100% recyclable. Consumers can verify local acceptance via RecycleNow, and Boots stores also collect used tubes for recycling.
#recycling #waste #plastic
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Politics Mar 31, 2026

UK Poised to Pioneer Online Pornography Regulation with Landmark Consent Law

The UK is on the verge of implementing a groundbreaking law that would require online pornography p…
The UK government is faced with a critical decision on whether to adopt a new law that would require online pornography providers to verify the consent of participants in their content. This move is aimed at curbing the rampant abuse and exploitation prevalent in the industry. The need for such a law has become increasingly evident following several high-profile cases, including a New York Times investigation into Pornhub, which found that the platform hosted videos featuring underaged and sex-trafficked subjects. Similarly, the trial of Dominique Pelicot exposed the horrific abuse of a woman who was raped while unconscious, with the perpetrator sharing videos of the assault online. The proposed legislation, championed by Conservative peer Gabby Bertin, would compel digital pornography businesses to verify the identities of all those featured and confirm that their consent has been obtained. This measure has garnered support from senior Labour figures and influential peers, including Beeban Kidron and Helena Kennedy. The UK's online safety act, introduced last year, brought in age verification for sites hosting user-generated content and gave the regulator, Ofcom, powers to fine or block businesses. However, concerns about consent in relation to professionally produced pornography remain. The Labour MP Diana Johnson was the first to propose consent verification and a new right for performers to withdraw it. The government now faces a choice: accept the bill as amended and make the UK a pioneer in online pornography regulation, or strip the new clause out. The outcome is far from guaranteed, but the pressure from Bertin and her allies has already led ministers to agree to outlaw strangulation imagery and scenes purporting to show incest. Campaigners argue that the regulation is crucial in tackling online misogyny and the soaring rate of child sexual abuse in the UK. The National Crime Agency has blamed online image-sharing and chatrooms for the increase in child sexual abuse, with livestreams featuring children available for as little as £20. The proposed law would also address the issue of deepfake pornographic images, which were outlawed last year thanks to the courage of survivors and a group of women in parliament. As the bill returns to the Commons, the government should throw its weight behind a new, stronger model of consent, ensuring that those who agree to be filmed having sex have the right to withdraw permission for others to watch.
#UK Government #Online pornography platforms #Consent verification
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Health Mar 31, 2026

UK Medicine Shortages Loom as NHS Warns of Supply Chain Risks

The head of NHS England, Jim Mackey, has expressed concerns about potential medicine shortages in t…
The UK's National Health Service (NHS) is facing potential medicine shortages due to supply chain disruptions, with the head of NHS England, Jim Mackey, warning that some medicines could run out in weeks or even days. Mackey cited the country's reliance on imports, with 75% of medicines coming from abroad, as a major concern.Mackey revealed that a team is in place to focus on identifying potential risks in the supply chain, and that the NHS is working to mitigate the impact of any disruptions. He stated that the NHS generally has enough medicine to last a few weeks, but that some products may only have days' worth of supply.The concerns about medicine shortages come amid the ongoing conflict in the Middle East, which has raised worries about cost implications and supply disruption. Experts have noted that pharmacies are seeing disturbing spikes in prices, which can be an early indicator of challenges.The UK government has stated that there are currently no reported medicine shortages as a result of the conflict, but that they are monitoring the situation closely and have established processes in place to manage disruption across the health and social care sector.
#NHS England #Jim Mackey #Medicines Shortages
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