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Business May 18, 2026

Crime Increasingly a 'Serious Barrier' to UK Growth, Say Business Leaders

UK business leaders are warning that crime has become a 'serious barrier' to economic growth, with …
The Growing Threat of Business Crime in the UKUK business leaders are issuing a stark warning that crime has become an increasingly "serious barrier" to growing Britain's economy, with two-fifths of companies experiencing some form of criminal activity in the past year. The British Chambers of Commerce (BCC) is calling on the government to provide "a step change in the support businesses can count on" as businesses face rising levels of theft, fraud, and cyber-attacks.Rising Crime Statistics Across Business SectorsThe BCC's research, based on a survey of 1,411 firms, reveals that crime against businesses is widespread and growing. Key findings include:Two-fifths of companies experienced some form of crime in the past yearOne-fifth of companies faced fraud or scams21% experienced cyber-attacks50% of manufacturing companies reported business crime, making it the hardest hit sectorLarger companies are more vulnerable, with 58% of firms employing more than 250 people experiencing crime, compared to 32% of microbusinessesRetail businesses have been particularly affected by shoplifting, with police-recorded incidents rising 20% year on year to reach 516,971 offences in the year to December 2024, exceeding 530,000 by March 2025.Financial Impact on Major CompaniesThe financial consequences of business crime have been substantial, with several high-profile companies suffering significant losses. The hack of Jaguar Land Rover alone is estimated to have cost the UK economy £1.9bn, potentially making it the most costly cyber-attack in British history. Marks & Spencer took a £324m hit to profits after being forced to close its website to orders for more than six weeks following a damaging cyber-attack. Other major companies affected include the Co-op and Booking.com.Industry-Wide Consequences and Economic ImpactCrime against businesses is creating "structural barriers to growth" according to the BCC, forcing companies to divert crucial time and money away from expansion and investment. The impact spans across sectors, from retail and manufacturing to tradespeople experiencing surging tool thefts that threaten their ability to operate. As Ellis Shelton, a policy manager at the BCC, noted, "Bosses are being forced to divert crucial time and money to tackling this anchor on growth."The rising sophistication of criminal activities, particularly in cybercrime and fraud, has left many businesses struggling to keep pace with security measures, especially small and medium-sized enterprises with limited resources.Call for Government Action and Future OutlookIn response to the growing threat, the BCC has called for several specific measures from the government:Creation of a cyber-attack reporting system for companiesEstablishment of regional business crime hubs bringing together police and business crime reduction partnershipsExpansion of cyber and fraud resilience support for small and medium-sized businessesMore incentives for companies to invest in securityWithout decisive action, business crime is likely to continue hampering UK economic growth, with the most sophisticated threats potentially targeting larger companies with greater resources. The BCC's warning suggests that addressing business crime must become a priority for policymakers if the UK is to overcome this "serious barrier" to economic expansion.
#British Chambers of Commerce #UK businesses #Cyber-attacks
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Sports May 17, 2026

The 47-Man Shootout: Kitayama’s 63 and the PGA Championship’s Record-Breaking Chase

Kurt Kitayama fired a 63 at Aronimink, but the real story is the sheer number of contenders. With 4…
The 54-Hole ChaosThe 2026 US PGA Championship is shaping up to be one of the most open majors in recent memory, characterized by a chaotic leaderboard and a record number of contenders. With 47 players starting the final day within seven shots of the lead, the race for the Wanamaker Trophy is wide open.Kitayama’s Historic 63 Amidst Yesterday’s RegretKurt Kitayama fired a 63 on day four, a score that is one off the men's major record. Going out in 30 in calm morning conditions and coming back in 33, Kitayama finished the week at -4. Despite a collapse yesterday—a disastrous run of 7-5-5-6 between holes 9 and 12 that cost him six strokes—his final round was a masterclass in resilience.The 47-Man Race for the Wanamaker TrophyThe leaderboard after 54 holes is a crowded mix of established stars and rising talents. The defining stat is the sheer volume of players in contention:-6: Alex Smalley-4: Matti Schmid, Nick Taylor, Jon Rahm, Aaron Rai, Ludvig Åberg-3: Rory McIlroy, Xander Schauffele, Patrick Reed, Maverick McNealy-2: Kristoffer Reitan, Chris Kirk, Justin Rose, Joaquin Niemann, Martin Kaymer, Cameron Smith, Min Woo Lee, Hideki Matsuyama-1: Scottie Scheffler, Brooks Koepka, Rickie Fowler, Brian HarmanWith the record comeback from a 54-hole deficit being 7 strokes, the field is perfectly positioned to chase down the leader.Weather and Course Conditions: A Double-Edged SwordConditions are set to intensify as the day progresses. It is the warmest day of the week, meaning the course at Aronimink will get firmer and faster. The wind is expected to pick up, making the earlier starters' advantage significant. As the greens get faster and the wind rises, scoring becomes progressively harder, setting the stage for a dramatic finish.The High Probability of a Play-OffGiven the sheer number of players within striking distance and the record comeback margin, a play-off is highly likely. With 47 players within seven shots, the final round promises to be a high-pressure shootout rather than a traditional Sunday charge by a single leader.
#US PGA Championship #Kurt Kitayama #Jon Rahm
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Politics May 17, 2026

The Billionaire Class Trauer: How Wealthy Democrats Are Embracing Populism

Billionaire hedge fund founder Tom Steyer is running for California governor on a platform of taxin…
The Billionaire Class Trauer: How Wealthy Democrats Are Embracing PopulismTom Steyer has built his campaign for governor of California around affordability – and taxing the uber-wealthy. It is perhaps an unusual message for a candidate with an estimated net worth of $2.4bn. But the hedge fund founder-turned climate activist and liberal mega-donor is pitching himself as a different kind of billionaire: one who wants people like him to pay far more in taxes.The Billionaire Populist StrategyAs early voting ballots trickle in for the 2 June primary, Steyer, a leading candidate in the unsettled contest, is racing to convince Californians that his elect-the-rich-guy-to-eat-the-rich candidacy isn't a contradiction. "People are very skeptical of billionaires," Steyer, wearing a beige baseball cap with the words "class traitor" embroidered on it, told a small group of reporters at a campaign event in East LA on Wednesday. "I'm skeptical of billionaires because we've seen so many billionaires being selfish and arrogant."The Rise of Anti-Billionaire SentimentSteyer's campaign arrives at a particularly combustible political moment in the US, shaped by a surge in anti-elite populism, widening income inequality and growing suspicion of billionaire power across both parties. A survey conducted last year by the Harris Poll found that the share of Americans who said billionaires threaten American democracy rose to 53%, up 7 points from 2024. At the same time, nearly eight in 10 respondents said they were more likely to support a billionaire who "challenges unjust systems."California's Affordability Crisis and Political ResponseAnti-rich sentiment is especially pronounced in the Golden State, which boasts the world's fourth largest economy and more billionaires than any other US state. Yet California faces a deep affordability crisis, leaving many voters searching for a governor who will do more than take on the billionaire in the White House. They want someone who will "upend the system," said Lorena Gonzalez, president of the powerful California Federation of Labor Unions.The Democrat's Billionaire DilemmaA decade after Trump, a billionaire real estate mogul, proved he could harness working-class discontent, Democrats see a chance to rebuild their frayed coalition and win back the voters squeezed by the rising cost of rent, utilities and groceries. Ahead of the November midterm elections, Democrats are hammering Trump over his coziness with Silicon Valley billionaires and his preoccupation with building a ballroom at the White House, evidence, they say, that the president's party has abandoned working class voters in favor of a new gilded-age oligarchy.Wealthy Progressives Across AmericaSteyer is not the only Democrat testing the party's appetite for a populist from the 1%. In Illinois, Governor JB Pritzker, a scion of the Pritzker family that founded the Hyatt hotel chain, is running for a third term – and widely believed to be considering a presidential bid in 2028. Other wealthy progressives include Saikat Chakrabarti, a centimillionaire tech entrepreneur and former chief of staff to Ocasio-Cortez who is self-funding his anti-establishment bid to succeed retiring former House speaker Nancy Pelosi in San Francisco.A Historical Perspective on Wealthy DemocratsWealthy Democrats are hardly a new phenomenon. From Franklin Roosevelt's patrician roots to John F Kennedy's vast family fortune, the party has a history of elevating affluent political leaders who framed their privilege as a responsibility to serve the public. As Cas Mudde, a leading scholar of populism, noted by email, "socialists have long been led by 'class traitors' (eg Friedrich Engels) or have supported rich politicians and intellectuals (for example Bernie Sanders and Noam Chomsky)."The Future of Populist PoliticsAmid a volatile job market and escalating inflation, voters want leaders who understand their economic struggles. In California, with the nation's highest cost of living and gas prices topping $6 per gallon amid the Iran war, that demand is particularly urgent. Perhaps then it is a sign of the times that if Steyer advances to the November general election, Californians would likely have the chance to elect a billionaire for governor and impose a first-of-its-kind wealth tax on the state's richest residents.
#Tom Steyer #Wealth Tax #California Politics
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Books May 17, 2026

Tom Gauld on Middlemarch Being Voted the Best Novel of All Time

The article features Tom Gauld's cartoon on Middlemarch being voted the best novel of all time, as …
The Cartoon Tom Gauld's cultural cartoons have once again provided a humorous take on a significant literary event. His latest cartoon depicts Middlemarch being voted the best novel of all time. The Significance of Middlemarch Middlemarch, written by George Eliot, is widely regarded as one of the greatest novels in English literature. The novel's complex characters and detailed portrayal of life in a small English town have made it a timeless classic. The Impact of the Vote The vote confirming Middlemarch as the best novel of all time is a testament to the enduring popularity and influence of George Eliot's work. This recognition highlights the novel's continued relevance and its impact on readers and writers alike. The Art of Illustration Tom Gauld's illustration serves as a witty commentary on the literary world. His cartoons often provide humorous insights into cultural and literary events, making complex topics more approachable and entertaining. The Future of Literary Recognition As literature continues to evolve, works like Middlemarch remain essential reading. The recognition of Middlemarch as the best novel of all time encourages readers to explore and appreciate classic literature, ensuring its continued influence on future generations.
#Tom Gauld #Middlemarch #George Eliot
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Entertainment May 17, 2026

International Booker Prize 2023: A Diverse and Formidable Shortlist

The International Booker Prize shortlisted titles for this year are a diverse bunch, with six novel…
The Lead This year's International Booker prize shortlisted titles are a diverse bunch, both geographically – from Brazil to Taiwan – and in style, from mainstream blockbuster to experimental jeu d'esprit. As in recent years, independent presses are rewarded for their efforts in promoting translated fiction, providing four of the six titles. The Shortlisted Titles The shortlist includes: The Nights Are Quiet in Tehran by Shida Bazyar, translated by Ruth Martin (Scribe) The Witch by Marie NDiaye, translated by Jordan Stump (Vintage) On Earth As It Is Beneath by Ana Paula Maia, translated by Padma Viswanathan (Charco) She Who Remains by Rene Karabash, translated by Izidora Angel (Peirene) Red Sorghum by Yáng Shuāg-zi, translated by Howard Goldblatt (Penguin) Small Boat by Guo Xi, translated by Luo Yue (Tordotcom Publishing) The Contenders Each of the novels has its strengths and weaknesses. The Nights Are Quiet in Tehran is a timely novel with depth and empathy. The Witch is an accessible but surprising novel that raises knotty questions about how we make use of our capabilities. On Earth As It Is Beneath is an eccentric but very deserving contender with an effervescent energy. She Who Remains is a formally inventive book with a spiky and challenging story. The Winner Announcement The winner of the International Booker Prize will be announced on May 19.
#International Booker Prize #Literature #Book Review
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Health May 17, 2026

US Hemp Ban Threatens Medicare CBD Pilot and Could Criminalize Hemp Products

The Centers for Medicare & Medicaid Services (CMS) launched a pilot that reimburses eligible patien…
The CMS Pilot to Reimburse Hemp‑Derived Products The Centers for Medicare and Medicaid Services recently began a pilot that allows certain Medicare and Medicaid beneficiaries to be reimbursed for up to $500 worth of hemp‑derived products each year. The program is designed to test whether these products can lower overall health‑care costs for participants. Key Parameters of the Pilot and the Pending Hemp Ban Definition of hemp follows the 2018 Farm Bill – cannabis containing less than 0.3% delta‑9 THC. The November 12, 2026, hemp ban will make any product with more than 0.4 mg THC federally illegal. If enacted, the ban would criminalize the "vast, vast majority of hemp products, including most non‑intoxicating CBD products," according to Jonathan Miller of the US Hemp Roundtable. Legislative Efforts to Counter the Ban Lawmakers have introduced two bills aimed at either delaying or replacing the ban: Cannabinoid Safety and Regulation Act – re‑introduced by Oregon Senator Ron Wyden, proposing a regulated framework for hemp products. A two‑year delay bill – introduced by Indiana Representative Jim Baird in January. Potential Impact on Patients, Industry, and Legal Landscape If the ban takes effect, patients who rely on full‑spectrum CBD could lose access to the most therapeutically effective formulations. Small producers like Inesa Ponomariovaite of Nesa’s Hemp warn they would have to “perform plant surgery” to strip out prohibited cannabinoids, reducing product efficacy. Quality‑control concerns also surface: a recent Forbes Health investigation found mold, yeast, and fungicide in some CBD products, underscoring the need for federal oversight that the proposed safety act would enable. Legal challenges have already emerged. Advocates sued Health Secretary Robert F. Kennedy Jr. and CMS Administrator Mehmet Oz over the pilot, but the court denied the request to block the program. Outlook: Congressional Gridlock vs. Regulatory Reform Industry insiders remain "cautiously optimistic" that Congress will act before the November deadline, but deep partisan polarization makes passage uncertain. The Trump administration has signaled support for full‑spectrum CBD access, yet no concrete executive action has been announced. Should the ban be delayed or replaced, the CMS pilot could continue to generate data on cost‑saving potential, and the FDA may gain authority to enforce safety standards across the hemp market. Conversely, if the ban proceeds unchanged, the pilot could be forced to limit reimbursements to isolated CBD only, dramatically shrinking its therapeutic scope.
#US Hemp Roundtable #Jonathan Miller #Inesa Ponomariovaite
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Health May 17, 2026

Hantavirus Outbreak on MV Hondius Sparks Debate Over Cruise Safety

A hantavirus outbreak aboard the MV Hondius has forced the evacuation of more than 100 passengers, …
Lead: A sudden hantavirus outbreak on the cruise liner MV Hondius has led to the evacuation of over 100 passengers and renewed scrutiny of cruise‑ship health safeguards. The episode arrives amid a broader wave of maritime illness reports, prompting questions about the future of mass‑tourism at sea. Inside the MV Hondius Outbreak The MV Hondius, a mid‑size cruise vessel operating in the Atlantic, became the focal point of a public‑health scare when more than 100 passengers were placed under quarantine after testing positive for hantavirus. The virus, typically transmitted by rodent droppings, is rare in humans but can cause severe respiratory illness. Authorities have isolated the affected cabins and are conducting extensive decontamination procedures. Evacuation of >100 passengers to on‑shore quarantine facilities. Multiple decks sealed off for deep cleaning. Parallel incident: a British cruise ship faced a stomach‑flu outbreak, delaying disembarkation for dozens of travelers. Financial and Operational Fallout While exact financial losses have not been disclosed, the immediate costs include: Compensation packages for stranded passengers (estimated $5,000‑$10,000 per guest). Additional sanitation and crew overtime expenses, likely running into the low six‑figure range. Potential revenue loss from canceled itineraries and future booking hesitancy. Broader Implications for the Cruise Industry and Public Health The incident underscores persistent vulnerabilities in cruise‑ship disease control. Even after the COVID‑19 pandemic, ships remain dense environments where pathogens can spread quickly. Public perception is shifting; travelers now weigh the allure of all‑you‑can‑eat buffets against the risk of being confined to a floating quarantine. Regulators may tighten ventilation standards and require more frequent rodent‑control inspections. Travel insurers could raise premiums for cruise coverage. Industry analysts predict a short‑term dip in bookings, especially among health‑conscious demographics. Looking Ahead: The Future of Cruise Travel Post‑Outbreak Experts suggest that the cruise sector will respond with a mix of technological upgrades—such as advanced air‑filtration systems—and enhanced transparency about health protocols. However, the pace of recovery will depend on how quickly operators can reassure passengers that onboard environments are safe. Potential rollout of mandatory pre‑embarkation health screenings. Increased investment in onboard medical facilities. Marketing shifts emphasizing “health‑first” itineraries and smaller, boutique vessels. Until these measures become standard, the hantavirus episode will likely remain a cautionary tale for both travelers and cruise operators.
#MV Hondius #hantavirus #cruise industry
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Entertainment May 17, 2026

Harry Styles' Charismatic Performance on Tour

Harry Styles' Together, Together tour showcases his charismatic performance and ability to pull off…
The Charismatic Performer Midway through the opening night of his world tour, Harry Styles asks where the audience in the Johan Cruijff Arena have come from. To judge by their response, residents of Amsterdam are vastly outnumbered by those who have travelled vast distances to be here: further investigation on the part of the singer reveals audience members from Switzerland and Ireland. The Event Details It’s evidence of what – to use a modern term – a huge flex the Together, Together tour is. There are doubtless sound reasons for performing lengthy residencies at single venues rather than dutifully dragging yourself around the globe – Styles’ 10 shows in Amsterdam are the only gigs he’s playing in mainland Europe, followed by similarly lengthy sojourns at venues in London, São Paulo, Mexico City, New York City, Melbourne and Sydney – but it also helps underline the enormity of the former One Direction star’s solo success. The Data Analysis Twelve consecutive nights at Wembley is a feat not even Taylor Swift’s Eras tour could match. Here, it suggests, is a man who’s not only pulled off one of the hardest tricks in pop – the journey from manufactured boyband member to respected solo artist is a notoriously thorny one – but done it with an almost unparalleled degree of aplomb. The Impact Analysis But Styles’ dominance has looked a little shakier in the wake of the release of his fourth album, the abysmally titled Kiss All The Time. Disco, Occasionally. That it received very muted reviews indeed from critics unimpressed by its understated music and lyrics so opaque they sounded suspiciously meaningless is beside the point – if the general public cared what critics think, Ed Sheeran would still be a busker – but the similarly muted commercial response is another matter. The Prediction In a live setting at least, you see their point. Tracks from said album that sounded flat on record feel noticeably punchier on stage. Sometimes they’ve been obviously zhooshed-up – Taste Back now comes interpolated with a whopping sample from Underworld’s Born Slippy – and sometimes they just feel potentiated by their live incarnation. Harry Styles’ Together, Together tour runs until 13 December
#Harry Styles #The Guardian #Music
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Sports May 17, 2026

Smalley Leads US PGA Championship by Two Shots as Big Names Lurk

Alex Smalley takes a two-shot lead into the final round of the US PGA Championship, but faces stiff…
The Lead Alex Smalley, a 29-year-old from North Carolina, has taken a two-shot lead into the final round of the US PGA Championship. He is currently on six under par, ahead of a five-way tie for second place. The Congested Leaderboard The leaderboard is extremely congested, with 21 players within four shots of the lead. Eight major champions are among them, including Jon Rahm, Rory McIlroy, Xander Schauffele, and Patrick Reed. The Key Players Smalley: World No 78 and seeking his first professional win. Rahm: Has rediscovered his major form and is on four under par. McIlroy: Has played himself back into contention after a rocky start. Scheffler: Still in the mix despite struggling with his putter. The Final Round The final round promises to be exciting, with many players still in contention. Smalley will need to hold his nerve to secure his first professional win, while the likes of McIlroy and Rahm will be looking to mount a challenge. The Prediction The tournament has been criticized for its difficult pin positions, but the final round could see a more generous setup. This could lead to a low-scoring round and a thrilling conclusion to the championship.
#US PGA Championship #Alex Smalley #Golf
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