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World Economy Apr 01, 2026

UK Chancellor Reeves convenes supermarket CEOs to tackle looming food price surge amid Middle East‑driven energy crisis

Chancellor Rachel Reeves will meet the heads of Sainsbury’s, Tesco and Morrisons to assess potentia…
The UK’s chancellor, Rachel Reeves, is set to sit down with the chief executives of Sainsbury’s, Tesco and Morrisons on Wednesday. The meeting aims to gauge the scale of possible price hikes and shortages of essential household goods as the nation grapples with a sharp rise in energy, fuel and fertiliser costs triggered by the ongoing Middle East conflict. A Treasury source described the gathering as a "fact‑finding, open discussion" intended to identify any supply squeezes and to forecast the impact on the cost of living over the coming months. Allan Leighton, executive chair of Asda, will not attend but has publicly urged the government to "stand up and start doing stuff" to aid farmers and curb fuel prices, warning that food costs will inevitably climb if the conflict persists. Simon Roberts, chief executive of Sainsbury’s, cautioned that price increases are "unlikely to rise until the summer" thanks to long‑term contracts on energy and fertiliser that currently keep a lid on costs. Nevertheless, UK growers are sounding the alarm. Producers of tomatoes, cucumbers, peppers and aubergines say higher input costs could force them to pull plants from the ground, creating potential gaps on supermarket shelves. Lee Stiles, secretary of the Lea Valley Growers’ Association – the region often dubbed London’s "salad bowl" – is lobbying for indoor food producers to be classified as "energy‑intensive users" alongside steel, chemicals, cement and glass, thereby qualifying for additional support with surging energy bills. Stiles also called on retailers to renegotiate contracts with growers to reflect the cost surge since the Middle East conflict began. He warned that the upcoming increase in standing charges on 1 April – a fixed daily fee for accessing the gas and electricity network – will further strain producers’ margins. "Growers have already invested in plants and labour for three to four months," Stiles said. "When you do the maths, the numbers don’t add up. They would lose less money by sending workers home, pulling the plants out and turning off the boiler." If domestic growers cut the season short, European glasshouses, which normally supply the UK’s salad market at this time of year, may struggle to fill the void, risking a repeat of the fresh‑produce shortages experienced in early 2023. The British Poultry Council (BPC) echoed these concerns, highlighting pressures on supplies of oil, gas, fertiliser and essential feed components. "These factors are creating sustained upward pressure on the cost of poultry production," the BPC warned, adding that while some cost increases may be absorbed, others will inevitably be passed on to consumers. Richard Griffiths, BPC chief executive, noted that while many farmers have long‑term energy deals, costs such as diesel are rising rapidly, and there are fears that vital medicines could become unavailable at any price. In response, the government has announced a £117 cut to household energy bills, an increase to the legal minimum wage, and the launch of a £1 billion "crisis and resilience" fund aimed at helping vulnerable households with expenses such as heating oil.
#tesco #morrisons #asda
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Business Apr 01, 2026

UK Hospitality Sector Faces Mass Job Cuts and Closures Amid Soaring Costs

Two-thirds of UK hospitality businesses plan to cut jobs and one in seven will close due to increas…
The UK hospitality sector is bracing for significant job cuts and business closures as cost increases from new business rates and higher wage bills come into effect. An industry-wide survey of 20,000 hospitality businesses found that 64% of firms plan to cut jobs, 42% intend to reduce trading hours, and one in seven will be forced to close.The increased costs are attributed to changes announced by Chancellor Rachel Reeves at the November budget, including increases to the national living wage and national minimum wage, which are expected to result in an extra £1.4bn in costs for the sector. Additionally, changes to business rates will see the average hotel in England facing an increase of £28,900 more this year (up 30%), while the average restaurant can expect a 15% increase worth £1,800.The trade bodies, including UKHospitality and the British Beer and Pub Association, have warned that the conflict in the Middle East will accelerate the impact of rising wage and tax costs, with energy bills expected to rise steeply. The economic shock wave caused by the war in the Middle East has pushed economic confidence to an all-time low, according to new figures from the Institute of Directors (IoD).The IoD's Economic Confidence Index fell to its lowest ever score of -76 in March, with business directors citing labour bills, supply chain inflation, and energy as the biggest drivers of cost increases over the next 12 months. The thinktank estimates that UK companies invest the equivalent of 11.1% of GDP, well behind countries such as Japan at 18.2%, and European nations including France, at 12.7%, and Germany, at 12%.
#UK hospitality #business rates #minimum wage
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Stage Apr 01, 2026

Johannes Radebe Shines as Lola in Kinky Boots Musical

Johannes Radebe, known for Strictly, stars as Lola in the musical Kinky Boots, bringing magnetic st…
Johannes Radebe, also known as Jojo from Strictly, is a natural performer who shines brightly as Lola in the musical Kinky Boots. His stage presence is magnetic, and his dancing is mesmerizing. Radebe's portrayal of the drag queen Lola is captivating, with impressive entrances and a strong performance.The musical, based on the 2005 film, tells the story of a Northampton shoe factory that switches to making boots for drag queens. The show features a riot of colors and sparkle, with impressive costumes designed by Robert Jones and Tom Rogers. The story follows Charlie Price, who returns to his hometown to take over the family business and, along with Lola and her friends, devises a plan to save the factory.Radebe's performance is supported by a talented cast, including Courtney Bowman as Lauren and Scott Paige as George. While Radebe's singing voice may not be as strong as his dancing, he brings a unique energy to the role. The show's direction by Nikolai Foster ensures that the cast delivers the right tone, but the musical may lack depth in its storytelling.Overall, Kinky Boots offers an enjoyable night out, with a blend of music, dance, and comedy. The show runs at the London Coliseum until July 11.
#boots #kinky #but
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Business Apr 01, 2026

Salesforce Unveils AI-Driven Slack Overhaul with 30 New Features

Salesforce announced a major AI‑centric refresh for Slack, adding 30 new capabilities that turn Sla…
OverviewSalesforce introduced an AI‑heavy makeover for Slack at a San Francisco event on 2026-03-31. The update adds 30 new features that expand the functionality of the platform’s AI agent, Slackbot, positioning Slack as a broader business‑process tool rather than just a messaging app.Key AI FeaturesReusable AI‑skills: Users can define custom tasks that Slackbot can execute across multiple contexts, reducing manual effort. Example: a “create a budget” skill pulls data from channels and connected apps, then auto‑schedules a planning meeting.MCP (Model Context Protocol) client: Slackbot now connects to external services, notably Agentforce—Salesforce’s AI agent platform launched in 2024—to route work and query enterprise agents without human intervention.Meeting transcription & summarization: Slackbot can generate real‑time transcripts and concise action‑item summaries, helping participants catch up if they miss parts of a discussion.Desktop‑activity monitoring: The bot can analyze a user’s deals, conversations, calendar, and habits to suggest follow‑ups or draft communications, with privacy controls managed by the user.Strategic ImpactThe enhancements aim to embed AI into daily workflows, making Slack an indispensable hub for enterprise tasks. By turning Slackbot into a multi‑modal assistant, Salesforce seeks to increase user stickiness and drive higher subscription value.Financial ImplicationsCEO Marc Benioff highlighted that the five‑year period since acquiring Slack has delivered “two and a half times revenue growth.” In concrete terms, a 2.5× increase means revenue is now 150% higher than the pre‑acquisition baseline (e.g., if Slack generated $1 B annually at acquisition, it now contributes roughly $2.5 B). Benioff also noted that about 1 million businesses are currently running on Slack, underscoring the platform’s scale and the revenue upside from deeper AI integration.
#Salesforce #Slack #Slackbot
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Politics Apr 01, 2026

FIFA President Affirms Iran Will Compete in U.S. World Cup Venues Amid Ongoing US‑Iran Conflict

FIFA President Gianni Infantino confirmed that Iran’s national team will play its 2026 World Cup ma…
FIFA President Gianni Infantino declared on Tuesday that Iran will fulfill its World Cup 2026 fixtures in the United States as originally planned, reinforcing the governing body’s commitment to a schedule that includes all qualified teams. The Iranian Football Federation had earlier announced that it was negotiating with FIFA to shift its group‑stage matches from U.S. venues to Mexico, citing safety concerns stemming from the war involving the United States and Israel that began on February 28. Mexico’s President Claudia Sheinbaum offered her country’s readiness to host Iran’s first‑round games if a relocation became necessary, highlighting regional solidarity. According to the tournament draw, Iran’s Group G campaign will open in Los Angeles on June 15 against New Zealand, followed by a clash with Belgium in the same city on June 21, and a final group match versus Egypt in Seattle on June 27. The war’s outbreak had cast doubt on Iran’s participation, prompting Infantino to address concerns during halftime of Iran’s friendly against Costa Rica in Turkey. He told AFP, “Iran will be at the World Cup… That’s why we’re here,” and praised the team’s quality. Infantino also referenced assurances allegedly given by former U.S. President Donald Trump that the Iranian squad would be welcome, though Trump later warned that the team should not travel “for their own life and safety.” Iran responded firmly, stating that “no one can exclude Iran’s national team from the World Cup.” In a March 19 online FIFA Council meeting, Infantino reaffirmed the organization’s stance: “FIFA is committed to ensuring the World Cup proceeds as scheduled with all teams participating,” adding that football can serve as a bridge for peace even when geopolitical conflicts lie beyond its control. Iran’s recent friendly against Nigeria in Belek, Turkey, featured players wearing black armbands and carrying school rucksacks to honor victims of a tragic air strike on a primary school in Minab on February 28, which killed at least 170 people. The New York Times reported that a U.S. Tomahawk cruise missile mistakenly hit the school, according to preliminary military findings. These gestures underscore the intersection of sport and geopolitics, as the global football community strives to maintain the tournament’s integrity while acknowledging the human cost of ongoing conflicts.
#FIFA #Gianni Infantino #Iran national team
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News Apr 01, 2026

Ukraine Proposes Easter Ceasefire to Russia via US Mediators

Ukrainian President Volodymyr Zelenskyy plans to ask US mediators to relay an offer of an Easter ce…
Ukrainian President Volodymyr Zelenskyy has announced that he will ask US mediators to convey his proposal for an Easter ceasefire to Russia. This offer aims to suspend attacks on Ukraine's energy facilities during the Easter holidays.Zelenskyy made this statement on the sidelines of an event marking the fourth anniversary of Ukraine's Bucha massacre. He plans to discuss this proposal with US envoys Steve Witkoff and Jared Kushner in online talks scheduled for Wednesday.“I will definitely convey this proposal to the United States,” Zelenskyy said. “We are ready for a ceasefire for the Easter holidays … We are ready for any compromises, except compromises involving our dignity and sovereignty.”Earlier, Kremlin spokesman Dmitry Peskov responded coolly to Zelenskyy's previous mention of an energy truce, stating that they hadn't seen any clearly formulated initiatives for an Easter truce from Zelenskyy.Zelenskyy's offer comes after he mentioned that some of Ukraine's allies had sent signals about potentially scaling back long-range strikes on Russia's oil sector due to surging global energy prices.Ukraine has escalated its attacks on Russian energy to prevent Russia from benefiting from high oil prices and easing sanctions. In return, Zelenskyy stated that Ukraine is ready to reciprocate if Russia stops attacking the Ukrainian energy system.The US, Russia, and Ukraine have held three rounds of high-level trilateral talks this year, but progress has been stalled, particularly on the issue of territory in eastern Ukraine. Russia insists that Ukraine cede control of the Donbas region, which Zelenskyy has refused to consider.Zelenskyy also mentioned that Russia has told the US it could conquer the remainder of the Donbas region in two months, but Kyiv believes it can continue defending its "fortress belt" of industrial towns and cities in the Donbas for years.
#russia #ukraine #zelenskyy
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News Apr 01, 2026

Qatar Warns Iran’s Regional Strikes Have Crossed Multiple Red Lines, Calls for Immediate De‑Escalation

Qatar’s foreign ministry says Iran’s recent attacks on several Gulf neighbours have breached numero…
Qatar’s foreign ministry announced that Iran’s recent assaults have crossed numerous red lines and stressed the urgent need for de‑escalation amid the ongoing US‑Israel war with Tehran.During a Tuesday press briefing, spokesperson Majed al‑Ansari warned that Iranian attacks on Qatar are having a catastrophic impact on bilateral relations.Al‑Ansari appealed to every combatant to refrain from targeting nuclear or energy infrastructure, cautioning that any further escalation will mean more losses for all parties.Since the joint US‑Israel offensive began at the end of February, Iran has struck a string of regional states—including Iraq, Syria, the United Arab Emirates, Saudi Arabia, Bahrain, Oman, Jordan and Kuwait—despite none being directly involved in the conflict.While Tehran maintains that its operations target only U.S. assets in the region, the affected nations report damage to civilian infrastructure such as airports, power plants and ports, alongside civilian casualties.Qatar, a longtime mediator in Middle‑East disputes, clarified that it is not part of Pakistan’s diplomatic effort to end the war, though it continues “ongoing communications with all parties, including mediators and other regional players.” The Qatari side added that it fully supports Pakistan’s peace initiative and hopes it will yield lasting stability.In recent developments, Pakistan hosted a four‑nation dialogue with Turkey, Saudi Arabia and Egypt to discuss ending the war and reopening the Strait of Hormuz. Together with China, Pakistan unveiled a five‑point initiative calling for an immediate cessation of hostilities, protection of sovereignty and territorial integrity of Iran and Gulf states, safety of non‑military targets, secure shipping lanes—including the strategic Strait of Hormuz—and a durable peace grounded in the United Nations charter and international law.U.S. Defense Secretary Pete Hegseth reiterated that while diplomatic channels remain active, the United States is keeping the option of military escalation on the table.
#qatar #iran #israel
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Politics Apr 01, 2026

Iranian Foreign Minister Confirms Direct Contact with US Envoy Witkoff, Denies Ongoing Negotiations Amid War

Iran’s foreign minister Abbas Araghchi acknowledged receiving messages from US special envoy Steve …
Iranian Foreign Minister Abbas Araghchi told Al Jazeera that Tehran has been exchanging messages with the United States, either directly or via regional partners, as the US‑Israel war on Iran continues. He emphasized that these contacts do not constitute formal negotiations. "I receive messages from US special envoy Steve Witkoff directly, as before, and this does not mean that we are in negotiations," Araghchi said. He added that all communications are routed through the Foreign Ministry or security agencies, and there is no truth to claims of active talks with any US party. Reflecting on past diplomatic experience, Araghchi recalled a previous agreement—referring to the 2015 Joint Comprehensive Plan of Action (JCPOA)—that the United States later abandoned. "We do not have any faith that negotiations with the US will yield results; the trust level is at zero," he asserted. President Masoud Pezeshkian echoed the skepticism, stating that the US "does not believe in diplomacy" after Iran was attacked twice during prior negotiations. In a phone call with European Council President Antonio Costa, Pezeshkian said Iran possesses the "necessary will" to end the war, but insists on guarantees to prevent further aggression. US Defence Secretary Pete Hegseth countered, saying Washington aims to secure a deal that would end the conflict and reopen the Strait of Hormuz, yet remains prepared to "negotiate with bombs" if needed. Addressing the strategic waterway, Araghchi noted that the strait lies within Oman’s and Iran’s territorial waters and can be used strategically. "Only for the ships of those who are at war with us, this strait is closed. That is normal during war," he explained, adding that some nations avoid the route due to security concerns and high insurance costs, while others have negotiated access. He warned that any post‑war arrangement for the strait will be decided jointly by Oman and Iran, with the potential to transform it into a "peaceful waterway." Regarding rumors of a possible US ground operation, Araghchi said Tehran is unafraid: "We are waiting for them. I don’t think they’d dare to do such a thing. There will be a lot of strength waiting for them." He affirmed Iran’s readiness to repel any ground attack. The foreign minister clarified that Iran has neither responded to nor submitted any counter‑proposals to the US 15‑point plan aimed at ending the war. The proposal, according to earlier reports, calls for Iran to renounce the acquisition of nuclear weapons and to limit its missile stockpile in range and quantity. Araghchi concluded that Iran will only accept an end to all attacks in the region, not merely a ceasefire, underscoring the country's firm stance amid ongoing hostilities.
#Abbas Araghchi #Steve Witkoff #Strait of Hormuz
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News Apr 01, 2026

US‑Israel Airstrikes Intensify in Iran, Targeting Pharma Hub and Critical Infrastructure Amid Rising IRGC Defiance

Coordinated US‑Israel air raids have struck Tehran, Isfahan and other Iranian cities, damaging powe…
Coordinated strikes by United States and Israeli forces hit Tehran, Isfahan and several other Iranian cities on Tuesday, prompting widespread power outages and extensive damage to civilian sites. The Ministry of Energy confirmed that shrapnel from the raids ruptured a primary power‑transfer line, but the outage was restored within a few hours. Among the most critical targets was the Tofigh Darou pharmaceutical complex in the Karaj industrial zone. The facility, which supplies over 90% of Iran’s domestically produced medicines—including cancer and multiple‑sclerosis treatments—sustained heavy damage from multiple projectiles. In central Iran, Isfahan endured a barrage of heavy bunker‑buster bombs over a nearby mountainous area, likely aimed at military installations. The explosions triggered secondary blasts that illuminated the night sky and produced reverberating shockwaves across the city. North‑west of Tehran, in Zanjan, a building identified as the administrative department of the Hosseinieh Azam religious centre was struck, resulting in at least four fatalities and several injuries. Iranian authorities now claim that more than 2,000 people have been killed by US‑Israeli attacks since the conflict erupted on 28 February, with residential blocks, schools, hospitals and historic sites also affected. Additional targets this week included civilian nuclear facilities, major steel producers, petrochemical plants, and the Iran University of Science and Technology, where an imaging satellite was developed. A professor linked to Iran’s missile programme and his two children were assassinated at their home in northern Tehran. U.S. President Donald Trump reiterated threats to strike Iran’s oil and gas infrastructure, power plants and water‑desalination facilities. Despite the onslaught, the Islamic Revolutionary Guard Corps (IRGC) continues to project defiance. A spokesperson for the Khatam al‑Anbiya Central Headquarters declared that Tehran’s adversaries are “humiliated and on the path of destruction,” while senior commander Ali Fadavi warned that American warships are vulnerable and allegedly transmit false transponder signals. The IRGC also released footage of ballistic missiles aimed at Israel and surrounding nations, and claimed to have downed two U.S. MQ‑9 Reaper drones, promising retaliatory strikes against technology firms linked to the United States and Israel. Domestically, the judiciary announced the execution of two members of the foreign‑based Mojahedin‑e‑Khalq (MEK) group, labeling them terrorists. This follows a series of recent executions tied to the January protests and broader dissent. Authorities also issued new indictments against roughly 200 individuals accused of assisting the U.S. and Israel, including alleged “mercenaries” who disseminated strike footage abroad. Penalties for national‑security offenses now encompass asset confiscation and capital punishment. President Masoud Pezeshkian convened his first cabinet meeting since the war’s onset in a makeshift, blue‑covered space, emphasizing that any peace negotiations will safeguard Iran’s “dignity, security and national interests.” Israel’s Channel 14 reported that Pezeshkian sought greater negotiating leverage with the United States, a request allegedly rebuffed by IRGC chief Ahmad Vahidi.
#iran #israel #irgc
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