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Lifeandstyle Apr 02, 2026

Debate Ignites Over Designating UK Pubs as Adult‑Only Zones

Letters to The Guardian argue that traditional British pubs should be restricted to adults, citing …
Several readers of The Guardian have voiced strong opinions that the classic British pub ought to be treated as an adult‑only environment. They contend that the interior of a pub, where alcohol is served in large quantities, is fundamentally a space for grown‑ups to relax, converse, and enjoy a drink without the added responsibility of supervising children. Diane Silva of Bournemouth, Dorset emphasizes that while a beer garden might accommodate a family‑friendly dining area during daylight hours, the indoor setting should remain reserved for adults. She likens the situation to adults avoiding children’s play areas such as McDonald’s ball pits or playground swings, noting that “it’s not our space.” Other contributors echo this sentiment. Penny McPhillips from Garstang, Lancashire recalls a past legal claim involving a theatre patron who slipped on ice, suggesting that entitlement among customers can lead to a broader abdication of responsibility, especially when tickets, drinks, or even school uniforms have been purchased. Nigel Linford of Eastbourne, East Sussex adds a cultural reference, quoting WC Fields: “Any man who hates dogs and children can’t be all bad,” to underline the notion that discomfort with children in certain public venues does not make one wholly unreasonable. The letters also mention pub landlord Egil Johansen, who, according to the writers, is not alone in feeling pressured by customer expectations that blur the line between family hospitality and adult leisure. Overall, the correspondence calls for a clearer distinction between indoor pub spaces—reserved for adult patrons—and outdoor areas that could safely host families, thereby preserving the traditional role of the pub as a “wind‑down” spot for adults.
#pub #not #pubs
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World Economy Apr 02, 2026

Blue Owl Capital Imposes Withdrawal Cap Amid $5.4bn Investor Exodus

Blue Owl Capital, a major private credit investment firm, has imposed a cap on withdrawals after in…
Blue Owl Capital, a leading private credit investment firm, has imposed a cap on withdrawals after investors attempted to redeem $5.4bn from two of its key funds. This move comes as a sign of dwindling confidence in the unregulated lending market.The New York-based firm revealed in filings that investors sought to withdraw 21.9% of the $20bn Credit Income Corp fund and 40.7% of its $3bn tech lending fund between January and March.The surge in redemption requests is attributed to growing concerns over potentially risky loans arranged by private credit firms, which operate outside the traditional regulated banking system. These firms are seen as particularly exposed to the AI spending boom.To manage the outflow, Blue Owl will limit withdrawals to 5% of the value of each fund per quarter. The firm stated that this decision was made to balance the interests of both withdrawing and remaining shareholders.Despite the increase in withdrawal requests, Blue Owl emphasized that underlying credit fundamentals across its portfolio have remained resilient. The firm attributed the surge in withdrawals to a period of heightened negative sentiment toward the asset class.The private credit industry has faced growing scrutiny over potentially weak lending standards, following a series of company failures, including Tricolor and First Brands. Regulators and industry experts have warned of potential ripple effects that could impact high street banks.The Bank of England's governor, Andrew Bailey, has cautioned against dismissing recent private credit failures as isolated incidents, citing concerns over transparency and potential risks across the sector.
#credit #blue #owl
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World Economy Apr 02, 2026

Reform UK donor Nick Candy nets £275 million in record‑breaking Chelsea mansion sale

Property developer and Reform UK treasurer Nick Candy has sold his Grade II‑listed Chelsea mansion …
Nick Candy, who serves as the honorary treasurer of Reform UK and is among its top financial backers, has completed the sale of his Chelsea residence for an estimated £275 million. The transaction, first reported by Bloomberg, is believed to set a new benchmark for residential sales in London and ranks among the world’s most valuable property deals. Known as Providence House, the Grade II‑listed estate sits within the grounds of the Royal Chelsea Hospital and features a private lake and swimming pool. The identity of the purchaser has not been disclosed. Land Registry records list the current owner as Providence House LLP, a partnership controlled by Candy, with his estranged wife, former pop star Holly Valance, also named as a partner. A mortgage charge from First Abu Dhabi Bank is registered against the title. Candy’s involvement with Reform extends beyond his treasurer role; he contributed roughly £1 million to the party last year and has been instrumental in high‑profile fundraising events, including a 2024 gathering for Donald Trump Jr. at the estate. He has previously been seen alongside Nigel Farage as the party promoted a “billionaires’ bonanza” scheme offering wealthy individuals a £250,000 fee for ten‑year residency and a special tax regime. Candy also attended a meeting between Farage and billionaire Elon Musk at Mar‑a‑Lago in December 2024. Alongside his brother Christian, Candy amassed his fortune through global property ventures. He continues to market other high‑value assets, including a £175 million penthouse at One Hyde Park and a Los Angeles mansion, while maintaining office space in Mayfair that also houses Farage’s company, Thorn in the Side. Originally purchased by Christian Candy in 2012, the Chelsea mansion was later transferred to Nick Candy, underscoring the family’s long‑standing presence in the UK’s luxury property market.
#candy #his #reform
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Technology Apr 02, 2026

Urine‑Powered Fertiliser Set to Plant 4,500 Trees in Wales’ Brecon Beacons

A Bristol startup is converting festival‑goers’ urine into odour‑free liquid fertiliser to support …
Scientists are preparing to establish 4,500 native trees on the fringes of the Brecon Beacons National Park using a novel fertiliser derived from human urine.The fertiliser was produced by Bristol‑based startup NPK Recovery, which linked its mobile processing unit to the toilets serving roughly 700 revellers at the Boomtown festival in Hampshire last July.During the 2025 event the system generated 540 litres of nutrient‑rich liquid, now earmarked for planting beech, Scots pine and other native species in Wales.The three‑year restoration scheme, funded by a Forestry Commission grant, will also incorporate urine collected from additional events, expanding the supply chain for the circular fertiliser.To launch the initiative, a Scots pine seedling was planted on Thursday morning, symbolising the start of what could become a lasting Welsh forest.Lucy Bell‑Reeves, co‑founder of NPK Recovery, noted that field trials have shown the urine‑based product to be as effective as conventional fertilisers, marking its first application on trees.“Using a waste product to grow trees is a circular solution that can revitalise our struggling native species,” Bell‑Reeves said, adding that “we need to stop flushing crop and tree‑growing nutrients down the loo and start using them to increase our fertiliser security.”The company previously processed 1,000 litres of urine collected from women’s urinals at the London Marathon, converting it into an odour‑free liquid using specialised bacteria that recover nitrogen and other nutrients.NPK Recovery’s mobile laboratory enables on‑site conversion, eliminating the need for transport and preserving nutrient integrity.Partnering with the charity Stump Up For Trees, co‑founded by author‑cyclist Rob Penn, the project builds on the charity’s five‑year effort that has already planted over 500,000 trees in the region, half of its one‑million‑tree target.Penn expressed enthusiasm, stating, “This groundbreaking project has implications for the future of sustainable forestry, and collaboration with NPK Recovery brings much‑needed innovation to the sector.”
#urine #fertiliser #trees
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Sport Apr 02, 2026

Tackling England's Highest Inactivity Levels: Black Country Volunteers Lead the Charge

The Black Country in England faces the highest levels of physical inactivity, with over a third of …
The Black Country, a region in the West Midlands, is grappling with the highest levels of physical inactivity in England. With 1.2 million residents, it is one of the poorest parts of the country, and the statistics are stark: 28.4% of adults in the West Midlands are physically inactive, with some areas like Sandwell and Walsall recording even higher rates of inactivity.However, local volunteers and organizations are taking proactive steps to address this issue. Kelvin Gilkes, founder of the Pendeford Community Bike Hub, is working to encourage people to get active through cycling. His initiative not only provides a space for people to repair and ride bicycles but also aims to expand horizons and promote physical activity among community members.Another initiative is led by Tracy Tromans, who runs a weekly walking group through Leasowes park in Halesowen. Her group focuses on friendship and being aware of everyone's limitations, gently encouraging people to leave their homes and get moving. Nadia Inglis, director of public health for Walsall, emphasizes the benefits of physical activity, including lowering the risk of chronic conditions and improving mental wellbeing.Organizations like Sport England and Active Black Country are also playing a crucial role in supporting local initiatives. They are funding networks of 'place-based' Active Partnerships to improve physical activity in areas where it is scarce. The goal is to turn local insight into community action and create a broader impact.These community-driven initiatives offer a glimmer of hope in the face of a significant challenge. By making parks more accessible and promoting non-traditional activities, such as Nerf clubs, these efforts aim to unlock spaces and encourage people to get active. While change is slow, there is a sense of momentum and ownership within the community, which is essential for long-term success.
#you #people #but
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World Economy Apr 02, 2026

UK braces for deepening recession as Trump‑Iran war triggers worst energy shock since the 1970s

Larry Elliott argues that the United Kingdom is confronting its most severe energy shock since the …
Britain is confronting the most severe energy shock since the early 1970s, as exports of oil, gas and fertiliser from the Middle East have abruptly stopped. The government says a response plan exists, but details remain vague. It is unclear whether the UK is better prepared for the fallout from Donald Trump’s war with Iran than it was for the pandemic six years ago. Ministers are sending a "we have your back" message to the public while simultaneously signalling to financial markets that any assistance will be limited and targeted. Contingency planning is especially difficult when dealing with an unpredictable leader like Trump. Britain’s heavy reliance on imported energy and food means that reassurance can only hold for a short time. The economy entered the conflict already on shaky ground: unemployment rose steadily throughout 2025 and growth stalled to a virtual standstill in the final quarter of that year. The sudden loss of Middle‑East energy and fertiliser supplies now adds a colossal supply shock. Last year, Trump’s “liberation day” tariff hikes served as a dry run for a far more serious confrontation. This time, the war is taking place in a region that is both volatile and crucial to the global economy. In the past two weeks, the repercussions have been felt across Asia – the Philippines declared a state of emergency, Sri Lanka introduced a four‑day work week, and South Korea announced budget measures to help households cope with soaring energy bills. The continent is the most dependent on Gulf‑exported energy, making the impact there the sharpest. The International Monetary Fund warned that the shock will drive higher prices and slower growth worldwide. Shortages push fuel and food prices up, eroding disposable income, prompting businesses to cut staff, and increasing the risk of recession. The UK, already projected to be one of the poorest‑performing major economies in 2026, could see its fresh graduate cohort face a brutal job market. Trump’s claim that the war could end within two or three weeks appears desperate. Even a rapid cease‑fire would leave substantial collateral damage, creating a stagflation scenario that could hurt Republican prospects in the upcoming mid‑term elections. British officials hope a swift resolution will limit economic damage, allowing a short‑term inflation spike to subside and the Bank of England to resume interest‑rate cuts. Treasury plans include scrapping the planned autumn fuel‑duty rise and providing targeted help for the poorest households, though the path is unlikely to be that simple. Currently, the Treasury is hesitant to act boldly for fear of unsettling bond markets. History – the 2008 banking collapse and the 2020 pandemic – shows that governments can act decisively without triggering a market backlash, using tools such as aggressive rate cuts, increased borrowing, and quantitative easing. The Bank of England has warned of a "substantial negative supply shock" and is expected to soften markets for future rate cuts, which are inevitable. Finance Minister Rachel Reeves could mitigate labour‑market pain by reversing recent increases in employers’ National Insurance contributions, subsidising public transport, and even lowering speed limits to conserve energy. The war, like the pandemic and Russia’s invasion of Ukraine, underscores the fragility of global supply chains and the need for greater British self‑reliance. Investing heavily in renewable energy is essential, but the UK also imports roughly 40% of its food and has not run a manufacturing trade surplus since 1982. In a world of disrupted supply lines, a robust plan for economic self‑sufficiency is more urgent than ever. Larry Elliott is a Guardian columnist.
#war #but #global
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Commentisfree Apr 02, 2026

Israel's New Death Penalty Law: A Further Descent into Dehumanization of Palestinians

Israel has passed a law allowing the death penalty for Palestinians convicted of fatal attacks, fur…
Israel has recently enacted a law that institutionalizes the execution of Palestinians convicted of fatal attacks. This move is seen as a new phase in Israel's dehumanization of Palestinians, expanding a legal system designed to target and oppress them.The law does not create a new reality but rather enshrines a longstanding policy of using lethal force against Palestinians into law. This reality is already normalized in Israel, where Palestinians have been systematically killed in Gaza and the West Bank, often with near-total impunity.In the months since October 2023, Israel has increased the number of Palestinians in detention to over 10,000, many without trial, and subjected them to conditions that amount to torture. More than 80 Palestinians have died in Israeli custody amid documented abuse and inhumane conditions.This law emerges under a political leadership that openly embraces violence and dehumanization, led by senior government ministers who have built their power on incitement and the normalization of harm against Palestinians. The legislation faces virtually no political opposition and hardly provokes public debate in Israel.Globally, democratic states have been moving away from the death penalty, recognizing it as a violation of fundamental human rights. However, Israel is not an exception but a central driver of the erosion of international law, maintaining systems of lethal violence and oppression against Palestinians.A state that institutionalizes the execution of one population under its control while subjecting them to systemic violence and discrimination is not democratic; it is a system of lethal control. What is happening to Palestinians is already reshaping political and moral boundaries beyond Palestine, including in the US.
#palestinians #israel #law
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World Economy Apr 02, 2026

Chris Rokos gifts record £190 million to Cambridge, creating UK's largest university endowment and spotlighting hedge‑fund billionaire’s philanthropic surge

Hedge‑fund founder Chris Rokos has pledged a historic £190 million to the University of Cambridge f…
When billionaire hedge‑fund manager Chris Rokos announced a £190 million contribution to the University of Cambridge, the move instantly became the largest single donation to any UK university in modern history. The funds will establish a new “school of government” aimed at bridging policy, science and emerging technologies. Rokos, a 55‑year‑old Oxford graduate, has amassed an estimated £2.6 billion fortune, primarily through his firm Rokos Capital Management (RCM), which he founded in 2015 after a high‑profile stint at Brevan Howard. RCM now oversees **over £22 billion** in assets, employs roughly 350 staff, and operates from offices in London, New York, Singapore and Abu Dhabi. In the most recent fiscal year ending March, Rokos paid himself nearly £500 million, according to Companies House filings, reflecting the firm’s strong performance amid volatile markets. Beyond finance, Rokos has kept a remarkably low public profile. He famously declined to provide a photograph when launching a £500 million fund in 2007, and he has avoided media attention despite owning one of England’s most expensive private residences. The £175 million refurbishment of the Grade I‑listed Tottenham House in Wiltshire – featuring a tennis pavilion, private cinema, basement squash court and a proposed “subterranean family link” to a pool house – has drawn local council scrutiny but stands as a tangible testament to his wealth. Rokos’s career trajectory began in banking at UBS and Goldman Sachs, moving to Credit Suisse where he was recruited by Alan Howard. He later joined the founding team of Brevan Howard in 2002, generating roughly $4 billion (≈£3 billion) in investor profits and about £600 million for himself before departing in 2012. His philanthropic philosophy emphasizes diversity of thought. In a video released by Cambridge, Rokos warned that a school populated only by “centrist, socially liberal” voices would be a failure, insisting on a broad spectrum of intellectual viewpoints. Earlier this year, RCM’s exploratory talks to bring former UK business secretary Peter Mandelson onto its advisory board collapsed after revelations about Mandelson’s connections to the late Jeffrey Epstein. Rokos also ranks among the UK’s biggest taxpayers and maintains a family office in Mayfair. A lingering legal dispute over a five‑year non‑compete clause with a former employer was settled out of court, clearing the way for his current venture. Overall, the record‑breaking Cambridge donation not only reshapes the university’s academic landscape but also underscores how hedge‑fund wealth is increasingly channeled into high‑impact philanthropy, blurring the lines between finance, education and public policy.
#rokos #university #school
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Business Apr 02, 2026

Polymarket's Growing Influence on Global Oil Market Raises Concerns Over Insider Trading

Energy traders are increasingly relying on online prediction platforms like Polymarket to inform th…
The global oil market is being significantly influenced by online prediction platforms such as Polymarket, with energy traders using data from these platforms to inform their multimillion-dollar trades. Market experts have noted that Polymarket's datafeeds are being used to create algorithms that impact trading in the global Brent crude futures market. The growing reliance on Polymarket has raised concerns that anonymous account holders may be using insider knowledge to place bets, potentially influencing pricing in the global oil market. One energy trader noted that Polymarket had become the best predictor of the oil market's direction since the US-Israel war with Iran triggered a global oil crisis. Ajay Parmar, head of oil trading at ICIS, stated that betting markets have a long history of strong prediction accuracy, and traders are increasingly turning to Polymarket for market indicators. Tim Skirrow, head of derivatives at Energy Aspects, also confirmed the adoption of prediction markets as a trading tool, noting that any data with alpha is considered in modern markets. The US investment bank Goldman Sachs has included analysis of prediction-market data in its oil market research, and the Intercontinental Exchange (ICE) has launched a trading tool providing a data feed of Polymarket's prediction markets to help traders make informed decisions. However, not all commodity traders are convinced by Polymarket's track record in predicting market-moving events. One trading analyst noted that Polymarket has made bad calls during the crisis, and that hedge funds may be more interested in the platform than traditional traders.
#Polymarket #oil futures #insider trading
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