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Sports Apr 05, 2026

Inter Miami Unveils $1 Billion Nu Stadium in 2‑2 Draw, Fulfilling David Beckham’s 13‑Year Vision

Inter Miami opened its $1 billion, 26,700‑seat Nu Stadium with a 2‑2 MLS draw against Austin FC, ma…
The inaugural match at Inter Miami’s brand‑new Nu Stadium ended in a 2‑2 stalemate with Austin FC, but the event was a triumph for co‑owner Sir David Beckham, whose 13‑year odyssey to secure a flagship MLS venue finally reached its destination.Speaking before kickoff, Beckham reflected on his arrival in the United States two decades ago, recalling a promise to build a club that could win championships and grow the sport. “We had no name, no fans, no stadium – today we stand in our new home,” he declared to a sold‑out crowd.The stadium, a sleek bowl with a 26,700‑seat capacity and an overhanging oval canopy, blends Miami’s vibrant aesthetic – pink, white and black seats, neon lighting – with a design that keeps the atmosphere intimate despite its size. Fans were treated to a clear view of the action, and a standing section behind one goal preserved the club’s traditional, vocal support.On the pitch, Argentine legend Lionel Messi and Uruguay’s Luis Suárez each netted equalising goals, while Austin’s Guilherme Biro etched his name in MLS history as the first scorer at the venue with a sixth‑minute header. Messi’s 90th‑minute free‑kick rattled the crossbar, and Suárez’s late volley secured a point for the home side.Beyond the match, the night highlighted the stadium’s broader significance. The $1 billion development, approved in 2022, will eventually encompass a 58‑acre public park, retail, office space and a 750‑room hotel complex. Though much of the surrounding site remains under construction, the opening demonstrated that the project met its tight deadline, even as officials chased a final occupancy certificate hours before kickoff.MLS Commissioner Don Garber praised Beckham’s perseverance, noting that the journey “didn’t end when Messi arrived; it concluded with the opening of this building.” He added that the rapid progress in the final month exceeded expectations and underscored the importance of trust in ambitious projects.The event also featured a performance of the national anthem by Marc Anthony and a rally‑towel message reading “We’re home,” encapsulating the relief and pride of supporters who have long awaited a true Miami‑based home after years of travelling to Fort Lauderdale.While the match did not deliver a win, the successful launch of Nu Stadium represents a pivotal moment for Inter Miami, its ownership group, and the broader growth of soccer in South Florida.
#Inter Miami CF #David Beckham #Nu Stadium
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World Economy Apr 05, 2026

Co-op's Former CEO Shirine Khoury-Haq Received £1.9m Pay Package Despite Company's Difficult Year

The former CEO of Co-op, Shirine Khoury-Haq, received a £1.9m pay package in 2025 despite the compa…
The former boss of the Co-op collected almost £2m before her sudden departure last month despite a difficult year when the retailer was pushed into the red by a damaging cyber hack.Shirine Khoury-Haq’s total annual pay package amounted to £1.9m in 2025, including a £165,000 “rewarding growth” bonus that was approved by the mutual’s board despite falling sales and the slide to an underlying loss of £125m.Khoury-Haq and other executives did not receive their regular annual bonus as the board said the company had not met an “affordability underpin” to make the payout. However, Khoury-Haq’s total pay did include a long-term performance bonus linked to earlier years.In the Co-op Group’s annual report, the remuneration committee said it had decided to pay out 10% of the three-year potential total for the new “rewarding growth” incentive plan, which goes to all staff. Full-time, frontline workers, such as shop floor staff, who were employed for all of 2025 received £100 each under the scheme.The report did not say if Khoury-Haq would receive any compensation for loss of office on her departure but did make clear she would not receive any more from the “rewarding growth” scheme. Kate Allum, a board member and former boss of the dairy group First Milk, will step in as the interim chief executive while a permanent replacement is sought.Khoury-Haq’s departure after four years heading the company, and almost seven at the business, came a month after reports of concerns about the culture at the top of the group. Last week, Khoury-Haq denied that her resignation was linked to the allegations of a toxic culture. “My decision to leave was very much a personal decision,” she said. “The reason is I want to go and do something else.”
#co-op #year #not
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Business Apr 05, 2026

Waitrose Employee Sacked for Confronting Shoplifter, Highlights Retail Security Concerns

A 54-year-old Waitrose employee was sacked after confronting a shoplifter who had stolen Easter egg…
A Waitrose employee with 17 years of service was dismissed after stopping a shoplifter who had stolen a display of Lindt Gold Bunny Easter eggs worth £13 each. Walker Smith, a shop assistant at a Waitrose branch in Clapham Junction, south London, described his devastation after being sacked. He had been told not to approach shoplifters but felt compelled to act after seeing the repeat offender. The incident highlights the growing concern of shoplifting in retail, with 519,381 offences recorded in England and Wales in the year to September 2025, up 5% from the previous year. Smith's manager told him off and he apologized, but the matter was escalated, leading to his dismissal. He expressed regret over his actions and worries about his future, having recently moved into his own studio flat and being diagnosed with anxiety. Retail businesses, particularly supermarkets, have seen an increase in shoplifting, prompting calls for greater support and security measures. The chief executive of Marks & Spencer has urged the government and London's mayor to crack down on retail crime. A Waitrose spokesperson stated that the company takes the safety and security of customers and employees seriously, with policies in place to address these concerns.
#waitrose #his #shoplifter
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Politics Apr 04, 2026

Iran Conflict Triggers Surge in U.S. Fuel, Shipping and Grocery Prices

Rising oil prices driven by Iran’s control of the Strait of Hormuz are pushing up gasoline, airline…
American consumers are watching gasoline and airline fares climb, while economists warn that the war in Iran will keep pressure on prices across the U.S. economy.“The good old days are gone,” said Christopher Tang, a professor at UCLA’s Anderson School of Management who studies global supply chains. “We see gasoline prices rising now, but that’s only the tip of the iceberg; everything will become more expensive.”Since the conflict began in late February, crude oil has surged past $110 a barrel. The rally is tied to Iran’s leverage over the Strait of Hormuz, a narrow chokepoint through which roughly 20% of the world’s oil passes.In a recent address, President Donald Trump claimed the United States is “totally independent of the Middle East” and has “plenty of gas.” However, Brookings Institute’s energy‑security director Samantha Gross reminded listeners that oil is a globally traded commodity and the U.S. still imports significant volumes, meaning American consumers will face the same high prices as the rest of the world.Iran has either halted shipments through the strait or imposed a toll of up to $2 million per vessel. Tankers are forced to take longer routes or pay the fee, inflating logistics costs for all downstream users.Major logistics players are already passing those costs on. Amazon announced a 3.5% surcharge for third‑party sellers, while UPS and FedEx have introduced fuel surcharges exceeding 25%. The United States Postal Service will add an 8% surcharge to transportation rates starting 27 April, noting the charge is “less than one‑third of what our competitors charge for fuel alone.”When the prices go up, they rarely come back down— Christopher Tang, UCLACountries have dipped into strategic oil reserves to blunt the shock, but economists such as Virginia Tech’s David Bieri warn that refilling those stockpiles will require buying oil at today’s elevated prices, keeping the upward pressure on the market.Higher oil costs ripple beyond fuel. Crude is a key feedstock for chemicals, pharmaceuticals and fertilizers, meaning the surge could translate into higher prices for prescription drugs and groceries.Cornell University’s agricultural economics professor Christopher Wolf explained that diesel, a major input for farm equipment and fertilizer production, is also climbing, raising the cost of both crop cultivation and livestock raising.Retailers and food processors are already adjusting. “If we anticipate higher costs, we start raising prices early to avoid a sudden shock later,” Wolf said, describing a “rational expectations” approach.The Independent Grocers Alliance warned that a 10‑15% rise in fuel costs could lift food prices by 2‑4% by mid‑summer, underscoring the broader impact on household budgets.Although President Trump expects the United States to exit the Iran conflict within two to three weeks, experts agree that even a swift resolution will not instantly reverse the price spikes.The strait’s strategic importance means the political risk premium on oil will linger. “You never know when this could flare up again,” said Northeastern University’s Ravi Ramamurti, adding that the effect is likely to be persistent.As Tang summed up, “When the prices go up, they rarely come back down.”
#Iran #Strait of Hormuz #U.S. gasoline prices
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World Economy Apr 03, 2026

UN Warns March Food Price Surge Tied to Middle East Conflict, UK Faces Potential 9% Inflation

A UN Food and Agriculture Organization report shows a 2.4% rise in the global food price index for …
According to a new United Nations Food and Agriculture Organization (FAO) briefing, the global food commodity price index climbed 2.4% in March, marking the second straight monthly increase and the first rise in five months for the broader basket of grains, meat, dairy, vegetable oils and sugar.The surge is largely attributed to the escalating conflict in the Middle East, which has pushed up energy prices and freight rates worldwide. The report highlighted that vegetable oil prices jumped 5% and sugar rose 7% during the month.Analysts warn that the war could trigger a broader wave of food inflation, as higher fuel, fertiliser and electricity costs increase the expense of transporting, processing and cooking food. About one‑third of global fertiliser production passes through the Strait of Hormuz, a key shipping lane that has been effectively closed since hostilities began.UN projections suggest that, if the crisis endures, global food prices could be 15%–20% higher in the first half of 2026 than pre‑conflict levels. The FAO noted that “price indices across all commodity groups rose to varying degrees, reflecting both market fundamentals and responses to higher energy prices linked to the conflict escalation in the Near East.”Specific commodity trends showed global wheat prices up 4.3% in March, driven by deteriorating crop conditions and drought concerns in the United States, as well as reduced planting in Australia due to soaring fertiliser costs. Better weather in Europe and strong export competition provided some offset.In the United Kingdom, the Food and Drink Federation – representing 12,000 manufacturers – now forecasts a **minimum 9% rise in food prices by the end of 2026**, a sharp increase from the 3.2% forecast made before the Middle East conflict. This outlook assumes the Strait of Hormuz reopens within weeks and that major energy facilities return to normal within a year – both uncertain outcomes.British producers are already feeling the pressure. The British Tomato Growers’ Association warned that consumers could see higher prices for tomatoes, peppers and cucumbers within six weeks as gas‑heated glasshouses become more expensive to run.Chancellor Rachel Reeves recently met with leaders of major retailers—including Tesco, Sainsbury’s, Morrisons, Marks & Spencer, Aldi and Lidl—to discuss measures that could ease the cost‑of‑living squeeze and strengthen supply chains.Nevertheless, a Bank of England survey of over 2,000 chief financial officers revealed that firms expect to raise their prices by an average of 3.7% over the next year, up from 3.4% in February. Expectations for overall economy‑wide inflation also rose from 3% to 3.5%.
#prices #food #march
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World Economy Apr 03, 2026

Northern Ireland Sees Sharpest Fuel Price Surge in UK Since Iran War

Fuel prices in Northern Ireland have surged by 19% for petrol and 35% for diesel since the start of…
Fuel prices in Northern Ireland have experienced the sharpest increase in the UK since the beginning of the Iran war. Petrol prices have jumped by 19% and diesel by 35% since the end of February. A 50-litre tank now costs an average of £75 for petrol and £91 for diesel, up from £63 for petrol and £67 for diesel on 28 February.Northern Ireland previously had some of the lowest fuel prices in the UK due to tighter competition and links to Ireland. However, the gap with other regions has narrowed, with prices remaining the lowest in the UK. Across the UK, fuel prices continue to rise as the Middle East conflict shows no sign of de-escalation. Petrol prices have jumped by 16% and diesel by 30% since the start of the war.Analysis of Eurostat and UK government data reveals that only seven other European countries have recorded larger increases in petrol prices than Northern Ireland. The pattern is similar for diesel, with prices jumping by up to 44% in Estonia. In the UK, the north has seen the sharpest increase in petrol prices among English regions, with drivers paying an average of 154p a litre, up 17% from 132p a litre on the day the war broke out.Price increases in rural areas are similar to urban areas, but data shows that at least 100 stations in mostly rural parts of England and Scotland are charging between 180p and 210p a litre for petrol. The average petrol price for 10 major retailers has risen sharply, with Shell petrol stations charging an average of 158p a litre for standard unleaded petrol.Simon Williams, head of policy at the motoring services company RAC, said: “Drivers hitting the roads this Easter weekend will be faced with some truly eye-watering fuel prices.” Separate official data analysed by RAC showed that petrol prices have gone up nearly 22p a litre – or 16% – to an average of 154.45p since the beginning of the war.
#petrol #prices #fuel
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World Economy Apr 03, 2026

Marks & Spencer urges UK government and London mayor to intensify crackdown on surging retail crime

Marks & Spencer has appealed to the Home Secretary and London’s mayor for stronger policing after a…
Marks & Spencer has formally urged the UK government and London’s mayor to intensify efforts against retail crime, describing the problem as “more brazen, more organised and more aggressive” following a noticeable surge in shoplifting and violent incidents at its stores.Chief executive Stuart Machin addressed a letter to Home Secretary Shabana Mahmood, while retail director Thinus Keeve wrote to Mayor Sadiq Khan, both demanding additional police resources to target repeat offenders and crime hotspots.Keeve detailed recent attacks on the M&S website, noting that “in the past week alone we have had gangs forcing open locked cabinets, stripping shelves, two men emptying steak displays, a large group ransacking a store and assaulting a security guard, a colleague head‑butted while trying to defuse a situation, and another hospitalised after ammonia was thrown in their face.”He warned that the situation is “worse in London, but it is happening across the country, and it is becoming routine, because it seems there are no consequences.”Police responded to reports of antisocial behaviour in Clapham, south London, where “several hundred young people” gathered after coordinating via TikTok and Snapchat. About 100 officers were deployed, fires were lit on Clapham Common and fireworks set off, and six teenage girls were arrested for incidents “fuelled by online trends”. Five people, including four officers, were assaulted.Mayor Khan condemned the Clapham events as “utterly unacceptable”, pledging that “the culprits will face the full force of the law” and that police are working with social‑media platforms to curb viral content that encourages theft and violence.According to Keeve, the UK recorded roughly 5.5 million shoplifting incidents last year, not counting the “vast number that go unreported”. He added that “every day, more than 1,600 retail workers face violence or abuse,” characterising the trend as systemic and worsening.External affairs head Adam Hawksbee told BBC Radio 4’s Today programme that the rise in retail crime is affecting staff morale, with employees “worried about coming into work and nervous about the journey home.”Office for National Statistics data show that shoplifting offences in England and Wales rose to 519,381 in the year to September 2025, a 5% increase from the previous year’s 492,660, and remain just below the record 530,439 offences recorded in the year to March 2025.Keeve concluded that “without a government seriously cracking down on crime and a mayor that prioritises effective policing we are powerless. We need a stronger, faster and more consistent police response, using tools that already exist to target repeat offenders and crime hotspots, and far greater transparency on crime so the true scale and impact is understood.”
#crime #more #police
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Uk News Apr 03, 2026

Ground Control named as contractor in illegal felling of 500‑year‑old Whitewebbs oak, prompting legal fight with Toby Carvery and Enfield Council

The Guardian has uncovered that maintenance firm Ground Control carried out the unauthorised remova…
The Guardian’s investigation has revealed that the company responsible for the unauthorised partial felling of a 500‑year‑old oak in Whitewebbs Park, Enfield, was Ground Control, a maintenance business that reports a turnover of £190 million. The tree was cut down in September 2025 on behalf of Mitchells & Butler Retail (MBR), the owner of the Toby Carvery restaurant chain. MBR initially defended the action, claiming its contractor warned that the oak was diseased and posed a safety risk. However, a coalition of experts – including a Forest Commission investigator and ancient‑tree specialist Russell Miller – found the tree to be healthy with no imminent danger. Miller described the alleged “hazard” as an old, semi‑occluded wound that did not justify felling the entire tree. According to Dr. Ed Pyne of the Woodland Trust, the delay in identifying the contractor highlights a broader lack of transparency: "What evidence exists that the tree was dangerous? What qualifications did the operatives have?" He added that the justification for the removal remains unsubstantiated. Ground Control’s own documentation shows the work was assigned to its grounds‑maintenance team rather than its specialist arborists, a detail that fuels further criticism of MBR’s decision‑making process. Sources close to the firm say an internal review was conducted by a contracts manager, not a tree expert. Enfield Council, which owns the park, has launched legal action to evict Toby Carvery after MBR refused to apologise or offer compensation. The council also referred the incident to the police, but officers declined to investigate, deeming it a civil matter. Complicating the dispute, MBR is majority‑owned by investment group Enic, which holds strong financial ties to Tottenham Hotspur. The football club plans to develop a women’s training academy on 17 hectares adjacent to the park, a proposal opposed by the local campaign group Guardians of Whitewebbs. The group has secured a judicial review of the planning permission, set for June. In a statement last April, MBR asserted that its “specialist arboriculture contractors” deemed the split and dead wood a serious health‑and‑safety risk. A Toby Carvery spokesperson declined further comment, citing ongoing legal proceedings. The revelation of Ground Control’s involvement adds a new layer to the controversy, raising questions about corporate responsibility, environmental stewardship, and the adequacy of legal protections for historic trees in urban green spaces.
#tree #which #ground
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Business Apr 02, 2026

UK Businesses Plan to Raise Prices as Iran Conflict Drives Up Costs

UK companies expect to raise prices by 3.7% over the coming year due to increased costs driven by t…
UK businesses are planning to raise their prices more rapidly in the coming months due to the escalating costs triggered by the Iran conflict. A recent survey conducted by the Bank of England among over 2,000 chief financial officers revealed that companies now anticipate increasing their prices by 3.7% over the next year. This marks an increase from 3.4% in February, while the expectation of inflation across the economy has also risen from 3% to 3.5%. The effective closure of the Strait of Hormuz has significantly driven up oil and gas prices, leading to predictions of wider price rises as these higher costs impact industries. The UK Chancellor, Rachel Reeves, has met with retail bosses to discuss the risks of supply shortages and price increases. There is also pressure on her to mitigate the impact of likely rises in household gas and electricity bills before next winter and to reconsider plans for a 5p per liter increase in fuel duty set to take effect by next March. Bank of England policymakers are closely monitoring UK companies' pricing intentions as they consider whether to raise interest rates in the coming months from their current level of 3.75%. Financial markets are currently pricing in two interest rate rises by the end of the year, reflecting a sharp turnaround from expectations of rate cuts before the conflict began. However, Bank of England Governor Andrew Bailey has cautioned that markets may be getting ahead of themselves, and weak consumer demand may prevent companies from passing on cost increases to their customers. He noted that businesses often report an absence of pricing power. Inflation on the consumer price index was steady at 3% in February but is now expected to rise.
#Bank of England #UK companies #Iran conflict
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