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Wrexham AFC, the football club co-owned by Hollywood stars Ryan Reynolds and Rob Mac, has been awarded a £3.8m government grant without a contract or a completed state aid assessment in place. This has raised questions over whether the award was lawful.The club has received a total of £18m in taxpayer-funded grants to help redevelop its stadium, the Racecourse Ground. This is significantly more than any other club in the UK.Responses to freedom of information requests suggest that Wrexham county borough council awarded the money before completing the usual steps. Alexander Rose, a partner specialising in subsidy control at law firm Ward Hadaway, stated that the lack of a final state aid assessment at the time the grant was awarded would have left it vulnerable to legal challenge by a rival.However, there is little prospect of Wrexham AFC being forced to repay the cash, as the one-month window for challenges to be filed has since closed. The leader of Wrexham council, Mark Pritchard, said: “All due diligence and checks were in place ahead of the transfer of any funding and we refute any accusations to the contrary.”Reynolds and Mac took over the club in 2021, bringing with them a wave of sponsorship and global interest via their Disney TV series Welcome to Wrexham. The club has been able to far outspend their lower-league rivals, transforming the club’s fortunes.Wrexham, which was granted city status in 2022, awarded the £18m to the star-studded club as part of its “Wrexham Gateway” urban improvement scheme. Most of the money went towards developing the stadium, despite the club having deep-pocketed owners.The first £3.8m tranche of cash was awarded on 8 February 2022, less than a year after Reynolds and Mac’s takeover. Another £14m was awarded in September 2025.Public authorities that give out grants are required by law to judge if they comply with the principles of subsidy control, to ensure taxpayer money is not misspent. However, in response to a freedom of information request, Wrexham council said it only had “draft assessments” in place before the money was awarded.The council said the final assessment it provided was submitted nearly five months later, on 6 July 2022. In response to questions, the council shared a draft assessment it said dated from 7 September 2021.Rose said: “At the time the £3.8m grant was awarded there was a duty to carry out a principles assessment. Evidence that this assessment wasn’t finalised when the grant was given would certainly have helped a challenger, for example a rival football club.”“Subsidy control rules exist to ensure there’s a level playing field in which businesses can compete,” he added. “That includes in professional football. They’re also an important protection for the taxpayer, preventing wasteful and unnecessary subsidies from being awarded.”Recipients of large grants almost always sign contracts to ensure taxpayer money is spent as promised. Yet the council said the grant was authorised by its executive board and “provided in advance of the finalisation of the grant funding agreement”.The council said the grant funding agreement – apparently covering the whole £18m – was only created in July 2023.The contract was then completed on 17 September 2025, when the £14m tranche was awarded.The two-year delay between the creation of the contract and its signing also offered another potential benefit to Wrexham council: new subsidy control laws that came into force days earlier in August raised the threshold for mandatory scrutiny of the grant by the Competition and Markets Authority.Delaying the subsidy meant the award to Wrexham AFC was not subject to this scrutiny.While it was tapping taxpayer money, the club was also able to raise huge amounts from private backers. In the year to June 2025 it raised £36m through share issues. Three months after the second grant, Reynolds and Mac announced the sale of a stake in the club to Apollo, one of the world’s largest private equity firms.Bloomberg reported that Wrexham was valued as high as £350m. The club then raised another £47.8m in January, according to corporate filings.In the year before it received the £14m grant, Wrexham was able to repay loans worth £10.6m to Ryan Reynolds’s company, according to accounts published last month. It also lost £3.8m from the collapse of Argentex, a currency brokerage that entered special administration in July 2025 because of failed foreign exchange trades.Pritchard, the council leader, said: “The grant represents a small investment compared to what the club will be investing at the Racecourse … In fact, as the club has grown in both stature, ambition and from external investment, the percentage of public investment compared to that of the club has shrunk from roughly 68% of the project costs to around 25% currently.“This demonstrates further value for money in regard to the initial investment from the public purse.”Wrexham AFC said the club is itself making a “significant financial investment with the support of our ownership group and investors”. Accounts published last month show the club has signed a £69.2m contract to build a new stand.The spokesperson said the “funding ensures the facility can be brought up to the required standard to host international sporting events, including international football and rugby matches (as opposed to just meeting domestic football criteria)”

Dyson Daniels, the Australian guard for the Atlanta Hawks, is poised to make a significant impact in the NBA playoffs. Daniels has emerged as a key player for the Hawks, who are considered a dark horse in the Eastern Conference bracket.Daniels had a taste of the playoffs two years ago with New Orleans, but enters the 2026 post-season as a key protagonist in one of the first round's marquee match-ups against the New York Knicks at Madison Square Garden.“It's going to be fun, it's going be a lot, the Garden's going to be popping,” he says. “But these kinds of opportunities you live for and you dream for, and the only way to prepare for it, really, is to just trust your work, trust yourself.”The Hawks have played into form since trading All-Star guard Trae Young in January, led by forward Jalen Johnson and off-season acquisition Nickeil Alexander-Walker. Yet perhaps no player on the roster has the potential to turn a playoff series like Daniels, after his prominence in the team's 28-win, 15-loss run to close the season.Daniels may not have the touch of the league's finesse shooters, but he has found a way to contribute on offence to complement his defensive strengths. Measuring the Australian's contribution by his impact on the scoreboard when he is on the floor compared to when he is off it, he – alongside veteran guard CJ McCollum – is the Hawks' most important player, according to advanced stats site Cleaning the Glass.The New York Post recognised Daniels' influence this week when covering the challenge he will pose for the Knicks' floor general and leading scorer, Jalen Brunson, describing him as a “defensive stopper”. No player has guarded Brunson more in the past two seasons than Daniels.

The conflict in Lebanon has seen a significant escalation in recent days, with Israel conducting devastating airstrikes aimed at wiping out the Iranian-backed Hezbollah militia. The violence has resulted in numerous casualties and widespread destruction. President Trump announced the 10-day ceasefire on Thursday, stating that it would take effect at midnight. He expressed hope that Hezbollah would act 'nicely and well' during this period, tweeting: 'I hope Hezbollah acts nicely and well during this important period of time. It will be a GREAT moment for them if they do. No more killing. Must finally have PEACE!' The ceasefire is seen as a crucial step towards de-escalating tensions in the region and potentially paving the way for a parallel peace agreement between the US and Iran. A meeting between Israeli and Lebanese leaders is scheduled to take place in Washington next Tuesday, marking the first Israeli-Lebanese summit in decades. The Israeli occupation is likely to be a key topic of discussion during the talks, with Trump indicating that he would visit Lebanon 'at the right time.' The US president has been involved in intense diplomatic efforts to broker a peace deal, with his administration urging other countries to join a 'trade over aid' push.

In a rare display of bipartisan cooperation, lawmakers across the US Congress are demanding greater accountability for sexual misconduct. This week, two US representatives, Eric Swalwell and Tony Gonzales, resigned amid a flood of allegations. Their departures have been hailed as a significant step towards addressing the issue.Representatives Alexandria Ocasio-Cortez, a Democrat, and Lauren Boebert, a Republican, have been at the forefront of the calls for accountability. Ocasio-Cortez described the resignations as “an important turning point” and emphasized that “abuse of power should never be accepted, especially in public office”. She also named Republican Cory Mills, who is under investigation for sexual misconduct, as the next lawmaker who should resign.Boebert has taken steps to strip Swalwell and Gonzales of their federal pensions and has urged those facing harassment in Congress to come forward. She said, “If your boss is mistreating you, or someone else in the office, tell somebody – come to my office. If you want to remain anonymous, remain anonymous”.The allegations against Swalwell and Gonzales are serious. Five women have publicly accused Swalwell of sexual abuse, with one accuser claiming he drugged and raped her in 2018. Gonzales admitted to having an affair with a staff member in 2024, which is prohibited by the House code of conduct.Lawmakers are now pushing for stricter rules and a safer environment for reporting misconduct. Representative Jackie Speier condemned the tendency for Congress to “basically look the other way” and called on leadership to take action.This movement towards accountability has been likened to the bipartisan push to compel the administration of US President Donald Trump to release investigative documents related to Jeffrey Epstein. The effort to hold lawmakers accountable for their actions marks a significant shift in the culture of Congress.

The Agentic Leap: Codex Goes BackgroundOpenAI is intensifying its rivalry with Anthropic by significantly upgrading its Codex tool. The latest update transforms Codex from a passive assistant into an active, autonomous agent capable of operating in the background of a user's desktop. This allows the AI to open applications, click, and type without interrupting the user's primary workflow.Parallel Operation: Codex can now run multiple agents simultaneously on a Mac, handling auxiliary tasks like iterating on frontend changes or testing apps while the user focuses on top-level projects.Browser Control: A new in-app browser feature enables Codex to issue commands and execute tasks on specific web applications, with plans to eventually command the browser fully beyond localhost.Memory and Context: The 'memory' feature allows Codex to recall previous work sessions, generating important context about how a specific user works to improve future assistance.Image Generation: Codex has gained the ability to generate product concepts, slide visuals, and mockups, expanding its utility beyond pure code.Expanded Plugin Ecosystem: The tool now supports 111 plug-in integrations, including tools like CodeRabbit and GitLab Issues, allowing it to handle clerical work across Slack and Google Calendar.Enterprise Integration and Pricing StrategyThe update is not just about features; it is a calculated business move designed to capture enterprise workflows. By offering a new pay-as-you-go pricing option for ChatGPT Business and Enterprise customers, OpenAI is lowering the barrier to entry for corporate adoption of these advanced agentic tools.The sheer volume of integrations—111 plugins—serves as a critical data point. It demonstrates OpenAI's strategy to make Codex a central hub for corporate productivity, capable of bridging the gap between coding and general administrative tasks.Strategic Pivot: From Consumer Tools to Corporate AutomationThis development marks a clear shift in OpenAI's strategy. After a period of focus on consumer-facing tools like Sora 2, the company is retreating from the consumer market to double down on enterprise capabilities. This aligns with the broader industry trend of moving from simple chatbots to autonomous agents that can execute complex workflows.The Future of Autonomous Coding AssistantsAs OpenAI and Anthropic battle for supremacy, the definition of a 'coding assistant' is changing. We are moving toward a future where AI agents are not just suggestions but active participants in the development lifecycle, capable of managing entire workflows autonomously. The winner of this war will likely be the provider that best integrates these agents into existing corporate infrastructure.

A fire erupted at one of Australia’s most important oil refineries, prompting authorities to assess the impact on the nation’s fuel supply chain. The incident comes at a time when regional fuel markets are already under pressure due to shortages linked to the Iran war, raising the risk of tighter gasoline and diesel availability for consumers and businesses.Officials have mobilised emergency response teams to contain the blaze and evaluate damage to processing units. While the refinery’s full operational status remains uncertain, preliminary reports suggest that production could be curtailed for several days, potentially affecting export volumes and domestic distribution.Energy analysts warn that any prolonged disruption could push fuel prices higher across Australian markets, especially as the country already faces import constraints from the broader geopolitical tension surrounding Iran. The incident underscores the fragility of supply chains that rely on a limited number of large‑scale facilities.Stakeholders are monitoring the situation closely, with the government urging consumers to practice fuel‑saving measures while the refinery works to restore normal operations.

Spanish archaeologists have made a groundbreaking discovery in the Bay of Gibraltar, uncovering the wrecks of over 30 ships. The three-year project led by the University of Cádiz has identified 151 archaeological sites, including 134 shipwrecks, providing a unique glimpse into the region's rich maritime history.The bay, situated at the north end of the Strait of Gibraltar, has been a strategic waterway for thousands of years, with various cultures and nations contributing to its rich history. The oldest shipwreck discovered dates back to the fifth century BC, while other finds include 23 Roman ships, two late Roman ships, four medieval ships, and 24 vessels from the early modern period.The sunken items tell the story of war, trade, exploration, and settlement in and around one of the most strategically important waterways in the world. The wreck of the Puent Mayorga IV, a small, late 18th-century Spanish gunboat, is one of the most exciting finds. This type of boat was used for rapid, stealthy attacks on British ships of the line around Gibraltar.Researchers are now working to preserve and protect the sites, which are at risk from port development, dredging, and dock construction. The climate emergency is also a threat, bringing both rising sea levels and an invasive algae that grows over rocks and wrecks alike.To share their findings and raise awareness, the researchers have created virtual models and 360-degree videos of the sites, which are available online and in local museums and town halls. This effort aims to educate the public about the importance of preserving these archaeological sites and the rich history they hold.

Cuba is on the brink of transforming its energy landscape with a bold plan to invest $8bn in renewable energy, which could reduce its reliance on fossil fuels and pave the way for energy independence from the US. The proposal, put forth by the Common Wealth thinktank's Transition Security Project (TSP), suggests that this investment could cover 93.4% of Cuba's electricity generation needs.The US has imposed a crippling energy blockade on Cuba, severely limiting the island nation's access to oil. Since January, Cuba has received only one shipment of oil, from Russia, and its national electric grid has collapsed, leading to repeated blackouts and widespread disruptions.The TSP analysis outlines four different scenarios for Cuba's transition to renewable energy, with costs ranging from $5bn to $19.2bn. The most ambitious proposal would see three-quarters of electricity generation provided by solar power, with wind, hydropower, and bioenergy making up the remainder.The report argues that electricity costs would decrease in every renewable investment scenario, with the cost per unit of energy falling from 14.3¢ per kWh in the baseline scenario to 6.5¢ with $8bn of investment. The transition would require a society-wide transformation, but Cuba has demonstrated its ability to adapt in the past, such as its rapid shift to agroecology and self-sufficiency in the 1990s.The question remains: who would pay for this transition? The report suggests that financing should be understood as "reparative climate finance", with Cubans able to pay back investments through savings on cheaper energy. The transformation would not only benefit Cuba but also set an important example of a rapid energy transition under conditions of external constraint.

The International Energy Agency (IEA) has sharply cut its forecasts for global oil supply and demand growth, citing disruptions caused by the US-Israel war on Iran that are impacting oil flows and weighing on the global economy.According to the IEA's report, global oil demand is expected to fall by 80,000 barrels per day (bpd) this year, a significant drop from the projected year-on-year rise of 640,000 bpd in its previous monthly report.The forecast comes after the International Monetary Fund, World Bank, and IEA urged countries to avoid hoarding energy supplies and imposing export controls that could exacerbate the shock. IEA chief Fatih Birol appealed to all countries to let energy stocks flow to the markets, warning that demand destruction will spread as scarcity and higher prices persist.The IEA report highlighted that the deepest cuts in oil consumption have come from the Middle East and Asia Pacific, particularly for naphtha, LPG, and jet fuel. A projected 1.5 million bpd drop in demand in the second quarter of this year would mark the deepest contraction since the COVID-19 pandemic.The Organization of the Petroleum Exporting Countries (OPEC) also lowered its prediction for world oil demand in the second quarter, but kept its full-year outlook unchanged. The IEA noted that attacks on energy infrastructure in the Middle East and Iran's closure of the Strait of Hormuz have led to the largest oil supply disruption in history, with 10.1 million bpd lost in March.Iran's de facto control over the Strait of Hormuz, a key route for global energy shipments, sent gas and petrol prices skyrocketing around the world. The US blockade on Iranian ports has further clouded the outlook for global energy security and the supply of goods that rely on petroleum.The IEA warned that oil demand could plunge even further if the strait remains closed, and emphasized that resuming flows through the Strait of Hormuz remains the single most important variable in easing pressure on energy supplies, prices, and the global economy.Meanwhile, Russia has benefited from the disruptions, with its revenues from crude oil and refined products rising in March due to the surge in prices. Moscow's crude oil exports rose by 270,000 bpd last month to 4.6 million bpd, driven by higher seaborne shipments.