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The Proposed Pay Scheme The chief executive of Arm is in line for a pay package that would make him a billionaire if he hits targets to turn the British microchip giant into the UK's first trillion-dollar company. Arm, which is listed in New York but retains its global headquarters in Cambridge, has proposed a pay scheme for Rene Haas in which he will receive generous annual share awards plus a maximum bonus of $800m if he can hit certain 'exceptional growth metrics'. The Targets In the proposed bonus, or 'value creation plan' for Haas, 63, he will be awarded 425,000 shares if he can hit targets. The first target is a trillion-dollar valuation by 2029, reaching $1.25trn the following year and £2trn by the end of March 2031. The Financial Impact The payout would be one of the biggest ever awarded by a British company. Assuming the policy is approved and the targets are hit, Haas is in line to make well over $1bn in total by 2031. Maximum bonus: $800m Annual award of shares: up to 200% of salary Targets: $1 trillion valuation by 2029, $1.25trn by 2030, and £2trn by 2031 The Industry Impact The eye-watering market capitalisation-based pay schemes increasingly being offered by US companies dwarf the level of rewards at UK businesses. This deal highlights the competitive nature of executive remuneration in the global technology industry. The Future Outlook Haas, who is pushing Arm from its core strategy of providing architecture for microchips in smartphones into developing chips for AI datacentres, has predicted that this change of tack could increase Arm's revenues fivefold.

Arsenal's Historic Title Parade Kicks Off in North LondonArsenal took to the streets of north London on 31 May 2026 to celebrate their first Premier League triumph in 22 years. The live‑blog opened with a vivid description of fans swarming the city, shirts everywhere, and the mood of pure celebration.Route and Schedule of the Open‑Top Bus ParadeThe procession began at 2pm and followed a carefully plotted route: Holloway Road, around Seven Sisters, through Blackstock Road to Newington Green, then Essex Road before turning right at Angel station onto Upper Street. Notably, the parade avoided the cordoned‑off Emirates Stadium.Crowd Estimates Reach Up to One MillionLocal authorities and media outlets have quoted figures ranging as high as a million spectators.Some observers suggest the true number could even be higher, given the spontaneous gatherings on trains and surrounding neighborhoods.Why the Parade Matters for Arsenal and the Premier LeagueIt marks a symbolic return to glory for a club that has long awaited a league crown.The sheer scale of fan turnout underscores the commercial and branding power of a successful English club.Such public celebrations boost merchandise sales, sponsorship interest, and reinforce the club’s global fanbase.What the Celebration Could Signal for the Club’s FutureAnalysts predict that the euphoria surrounding the parade will translate into higher season‑ticket renewals and increased demand for Arsenal apparel ahead of the next campaign. The event also sets a precedent for future title celebrations, potentially shaping how clubs engage with local communities during triumphs.

The Schreiber family, presiding over a nationwide commercial portfolio via the Midos Group, is at the center of a growing controversy involving two distinct business models: aggressive tax avoidance and the profiteering from the UK's housing crisis. The Dual Nature of the Schreiber Business Empire The investigation reveals a complex web of family-owned entities that appear to operate on opposite ends of the social spectrum. On one side, the Midos Group is accused of exploiting a controversial tax scheme to avoid business rates on empty commercial properties. On the other, a similarly named but ostensibly separate entity, Midos Management Co, is profiting from the UK's chronic shortage of social housing by arranging temporary accommodation for homeless residents. Midos Group: Accused of using the 'faith room' scheme to avoid rates on empty units. Midos Management Co: Collecting fees for arranging temporary accommodation for councils. Key Figures: David Schreiber (Midos Group) and Elizabeth Endzweig (Midos Management Co). Financial Impact of the 'Faith Room' Tax Loophole The core of the tax avoidance allegations centers on a provision that exempts property owners from paying business rates if the space is made available for religious worship. The 'faith room' scheme, marketed by Verity, allegedly involves minimal activity—such as placing a notice and a staff member reading scripture—to create the appearance of worship. Total Savings: Landlords have saved at least £18m through this scheme. Specific Case: Dover District Council is suing for £1.7m of unpaid tax. Properties Involved: Discovery Park in Kent and a disused pub in Clapham, London. Profiting from the Homelessness Crisis While the family allegedly avoids taxes on empty buildings, they are simultaneously capitalizing on the housing emergency. Midos Management Co acts as an intermediary, matching councils with private landlords to house homeless residents. Despite claims of separation, evidence suggests significant overlap between the two entities. Revenue Collected: At least £43m collected on behalf of landlords since 2019. Client Base: Lambeth council and at least four other councils. Directorship Overlap: Elizabeth Endzweig, daughter of David Schreiber, is a co-director of multiple companies sharing the same address as Midos Group. The Future of UK Property Tax Compliance The revelations highlight a growing tension between private profit and public service obligations. With MPs and councils increasingly scrutinizing these arrangements, the 'faith room' exemption is likely to face tighter regulatory oversight. The case sets a precedent for how closely connected family businesses can be without violating anti-avoidance rules, potentially leading to stricter audits of corporate structures in the property sector.

The Call for Tax Cuts Wes Streeting has called for national insurance tax cuts for businesses, and for the government to drill for oil and gas in the North Sea. The former health secretary and Labour leadership candidate told the Sunday Times there should be a “targeted reduction” of employers’ national insurance contribution as a way to “actively incentivise” hiring, particularly of young people. The Impact of National Insurance Rate Increase In 2024, the rate of national insurance paid by employers was increased from 13.8% on each employee’s salary to 15%. The starting threshold it applied to was lowered from £9,100 to £5,000. The measure aimed to raise £25bn a year, but businesses said it disincentivised hiring lower-paid and part-time staff. Youth Unemployment Concerns A report this week by the former cabinet minister Alan Milburn said a lack of hospitality jobs was contributing to high youth unemployment in Britain. It pointed to a halving of vacancies in the hospitality industry over the past four years alone. Analysis shows Britain has the third-highest rate of 16- to 24-year-olds who are not earning or learning among rich European countries. The Government's Response Pat McFadden, the work and pensions secretary, suggested he disagreed with this view. Speaking on Sky News on Sunday morning, he defended the government’s record, saying that businesses already did not have to pay employers’ national insurance for workers under 21. The Future of North Sea Drilling There has been a debate within Labour about whether to grant drilling consents for the giant oil and gas fields Rosebank and Jackdaw. Though there was a commitment not to give out any more licences for fossil fuels in Labour’s manifesto, there is a loophole that could be exploited; Rosebank and Jackdaw were given exploration licences by the previous Conservative government. They just need consent to drill. Ed Miliband's Decision Ed Miliband, the energy secretary, is due to make a decision on these oil and gas fields in coming weeks. He, along with the North Sea Transition Authority, have to decide whether the drilling would be consistent with the UK’s climate commitments.

The Escalating Drone CampaignUkrainian drones have struck energy and industrial targets across several Russian regions, Russian authorities say, in an escalating campaign of strikes against infrastructure. In Saratov, a region on the Volga River with several oil refineries that has come under regular Ukrainian attack in recent years, Governor Roman Busargin said on Sunday on Telegram that "civil infrastructure" had been damaged in the overnight strikes.Strategic Targeting of Energy InfrastructureUkraine's military confirmed that it had struck the Saratov oil refinery overnight, but denied Russian accusations that it had hit the Zaporizhzhia nuclear power plant in Russian-occupied territory. In the Kirov region, northeast of Moscow and about 1,300km (800 miles) from Ukraine, Governor Alexander Sokolov said drones had hit a facility in the Urzhumsky district. The Ukrainian army confirmed the attack, saying it had also hit the Lazarevo oil-pumping station in the region.Regional Impact and Civilian CasualtiesGovernors in the Rostov, Voronezh and Belgorod regions, all of which border Ukraine, also reported strikes, and three civilians were injured in Belgorod. On Ukraine's Russian-controlled Crimean Peninsula, Moscow-backed Governor Sergei Aksyonov said authorities were introducing restrictions on sales of petrol, though he did not specify the reason. Ukraine for months has been attacking fuel infrastructure in southwestern Russia close to Crimea.International Support and Future StrategySeparately on Sunday, President Volodymyr Zelenskyy said Ukraine received a new Iris-T air defence missile launcher from Germany as he asked for the provision of more air defence ammunition from Kyiv's allies. "We also need missiles for air defence systems to have sufficient capabilities to repel Russian attacks," Zelenskyy said on Telegram.

The Connection to Nature As a recent study revealed almost half of UK adults now spend less than three hours a week in natural settings such as gardens, parks, fields or woods, we asked readers to tell us about what being outside means to them. Personal Stories of Healing The replies – heartfelt and passionate – came flooding in, with some admitting they just did not have the words to say how important it is. “It’s my happy place, my therapy and a reason to slow down and pause during my busy week,” wrote Hannah Powell from Perrywood garden centres. “I HAVE to look at plants every day. I notice every change in the garden. I sit facing the garden for my breakfast. I look out for nature on the way to work (recently seeing a little owl, red kites, foxes, hares, and more). It helped me get better when I had burnout and FND in London. I wouldn’t (couldn’t) be without it.” The Science Behind Nature's Benefits David Lynch esaid about his love of being outside. “Anxiety levels drop, all worldly concerns are put in perspective and [I] feel younger.” He agreed with others that there was plenty of recent science explaining the health benefits, but added: “I also read about ancient wisdom of Buddhism, which advocates solitary time in nature. All sources uphold the truth that better connection with nature brings better self-awareness and increased sensitivity to the needs of our ecosystem, plus better connection with each other.” The Impact on Mental Health Isabel Romaniw, who is working towards becoming a forest bathing guide, wrote passionately about the basic human need to be outside and to connect with nature. “We are animal, a simultaneously ordinary and yet utterly remarkable part of the great, miraculous tapestry of life on Earth. We have done much to shape our world and influence the fates of almost all other species we share our world with, but we must remember that we are but a tiny chapter, perhaps a footnote, in the ongoing story of the universe, in order to start to heal the damage and repair our relationships with ourselves, with each other, with our other-than-human kin, and with our one precious home.” For Romaniw, as for many others, our disconnection with nature is closely linked to “the worsening physical, mental and spiritual health crises that seem to be going on”. Cherished Memories of Nature Many of you had wonderful memories of times outside. “I was a sickly, pasty, shy, anxious kid,” wrote Mat Jordan. “In the early 70s my parents couldn’t afford to take us to the seaside one year so we went camping in the Peak District instead. It was a revelation. I absolutely loved it. The landscape and dry-stone walls of the white peak are still a favourite, although I spent some years in my 20s living in the Lake District too. One of my favourite memories is driving out of Sheffield into the Peaks with my then baby son to get him to fall asleep and still being awe-struck at the beauty on our doorstep.”

Day eight of the 2026 French Open at Roland‑Garros kicked off with a marquee clash between four‑time champion Iga Swiatek and rising talent Marta Kostyuk, alongside a host of other high‑stakes matches that could reshape the second week.Swiatek Takes on Kostyuk in a Potential ClassicThe opening encounter pits the defending champion, seeded #1, against the Ukrainian prodigy, seeded #12. Both players have displayed a blend of power and finesse throughout the tournament, setting the stage for a match that could define the women's title race.Seedings and Rankings Highlight the StakesIga Swiatek – World No. 1, French Open champion 2022‑2025.Marta Kostyuk – World No. 12, semifinalist in 2025.Jil Teichmann vs Mirra Andreeva – both ranked inside the top 30.Andrey Rublev – former top‑5, seeking a deep run after early exits by Djokovic, Alcaraz and Sinner.Implications for the Women’s Draw and Emerging ContendersA Swiatek victory would reinforce her dominance and likely secure a top‑seeded path to the final. A Kostyuk upset could open the draw for players like Elina Svitolina and Belinda Bencic, who are already positioned as dark horses.What to Watch in the Remainder of Day EightHow qualifier Wang Xiyu adapts to the clay after a surprise run.The performance of Jodár against Pedro Carreño Busta (men’s match).Whether Andrey Rublev can capitalize on the absence of the “Big Three”.

Martin Parr—renowned for documenting the idiosyncratic corners of British life—was given a farewell as unconventional as his work. On 31 May 2026, the chapel at Woodlands Memorial Garden near Bristol hosted a colourful country‑fete celebration, complete with music from The Girl from Ipanema, bunting, and a bus that famously got stuck in the mud. The Fete‑Style Send‑off That Defied Funeral Norms The ceremony blended solemnity with the photographer’s trademark humour. Guests were served cling‑film‑wrapped sandwiches, cupcakes with tiny Union Jack flags, and a tombola of unwanted Christmas gifts—an homage to the annual auction the Parr family used to run. The event was organised with help from the Martin Parr Foundation and featured a collaborative food installation by Ellen Parr (the photographer’s daughter) and set‑designer Alice Hodge. Key Players and Personal Touches Grayson Perry – celebrated artist and longtime friend, described the service as “tasteful, pared‑back and very touching.” Sophie Green – photographer who documented the funeral, linking the occasion to her “Death Rituals” project. Helô Pinheiro – the original “Girl from Ipanema,” whose music featured in the playlist. Family – Susie Parr, Martin’s wife of 40 years, confirmed he would have wanted the ceremony photographed. Why Parr’s Funeral Resonates in the Photography Community Parr spent half a century turning the mundane into visual satire; his own send‑off mirrored that ethos. By inviting a photographer to capture the event, the family highlighted a long‑standing taboo—funeral photography—while honoring Parr’s fascination with death rituals, evident in his 1993 Indonesian funeral series and the 2013 Photographers’ Gallery exhibition. What This Means for Future Death‑Ritual Documentation Sophie Green’s involvement underscores a growing interest in recording funerary moments as cultural artifacts. She notes that, on average, she photographs five funerals a year, a figure that may rise as artists and families seek more personalized memorials. The blend of celebration and documentation at Parr’s funeral could inspire a new genre where mourning and festivity coexist, reshaping how societies view death. Looking Ahead: From Taboo to Tribute As the conversation around death becomes more open—accelerated by pandemic‑era restrictions—events like Parr’s funeral suggest a shift toward inclusive, creative rituals. Institutions such as the Martin Parr Foundation may increasingly support projects that capture these moments, offering both solace to grieving families and valuable visual records for future generations.

Australia faces a rapidly ageing population and chronic shortages of aged‑care staff, driving an emerging industry of AI‑enabled robots, virtual‑reality experiences and other digital tools aimed at improving resident wellbeing.AI and Robotics in Australian Aged Care: Current LandscapeProf Wendy Moyle, who runs the social‑robotics laboratory at Griffith University, argues that technology should support humans rather than replace them. She points to a Chinese virtual hospital as a sign of rapid progress, while warning that many inventions are built without input from health professionals or end‑users.Demographic Trends Driving Demand for Tech SolutionsAustralia’s population is ageing, increasing demand for residential and home‑based care.Workforce shortages in aged‑care facilities exacerbate challenges of neglect and abuse.Technology is not a magic bullet, but pilots show measurable benefits for mood, cognition and social isolation.How Tech Is Shaping Human Connection in Care HomesAt St Vincent’s Care in Toowoomba, residents board the “St Vincent’s Express” – a replica train station and carriage that combines physical sets with screens showing Alpine scenery. Manager Elzette Lategan says the experience “takes boredom, loneliness and isolation away and brings in hope.”The organisation Aged Care Research and Industry Innovation Australia notes that virtual reality can improve mood, memory, problem‑solving and spatial awareness, and may reduce pain and anxiety.Companion robots such as Abi, produced by Andromeda, use AI and machine‑learning to recognise faces, interpret emotions and remember conversations, speaking in 90 languages to cater to diverse residents.Future Outlook: Integrating AI While Preserving HumanityMoyle cautions that Australia must “think outside the square,” ensuring that tech augments the human touch rather than substituting it. Continued collaboration between engineers, clinicians and residents will be essential to scale innovations that genuinely enhance quality of life for older Australians.