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World Economy Mar 26, 2026

NS&I Admits £476m in Missing Savings for Bereaved Families

National Savings & Investment (NS&I) faces a scandal over £476m in missing payments to bereaved fam…
National Savings & Investment (NS&I;), a state-owned savings bank in the UK, has admitted to a long-running administrative error that has resulted in nearly £500m in missing payments to bereaved families. The bank's chief executive, Dax Harkins, was forced out amid the scandal.NS&I;, which holds over £240bn for 24 million customers, has been accused of a series of errors dating back years. The bank allegedly lost track of investments and withheld premium bond prizes from the families of deceased savers. Some families had to pay lawyers to recover their money.The pensions minister, Torsten Bell, confirmed that 37,500 bereavement claims were potentially affected, with a total value of £476m. He stated that the problem had been reported to ministers in December last year and that NS&I;'s new CEO, Sir Jim Harra, would work to resolve the issue.NS&I; has apologized for the errors, stating that it had identified an issue where the estates of deceased customers were not always repaid money from all of their accounts after a bereavement claim. The bank has introduced robust measures to ensure this does not happen again.To rectify the situation, NS&I; will publish a plan in May detailing how people will be reunited with their money. The plan will confirm the number of missing payments and how the representatives of estates will be contacted. Estates may receive interest on savings as well as compensation. The government has promised that the cash is '100% safe' and that returning it will not present an additional liability to the taxpayer.
#amp #savings #money
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Politics Mar 26, 2026

Trump Extends Deadline for Iran to Open Strait of Hormuz to April 6

US President Donald Trump has extended the deadline for Iran to open the Strait of Hormuz by 10 day…
US President Donald Trump has extended his deadline for Iran to open the Strait of Hormuz by 10 days to April 6, 2026. The decision comes as talks between the US and Iran are described as 'going very well'.In a social media post, Trump stated: 'As per Iranian Government request, please let this statement serve to represent that I am pausing the period of Energy Plant destruction by 10 Days to Monday, April 6, 2026, at 8 P.M., Eastern Time.'Trump also mentioned that despite 'erroneous statements to the contrary by the Fake News Media,' talks with Iran are ongoing and progressing well. He had previously urged Iranian leaders to negotiate an end to the near-month-long war or face further assassinations of senior officials.The conflict has resulted in significant escalation, with Israel conducting strikes on Iranian targets, including the killing of Alireza Tangsiri, the Revolutionary Guards' naval commander. Iran has retaliated with strikes across the Middle East, including in Tel Aviv, Modi'in, and Jerusalem.Trump has claimed victory in the war, stating, 'In a certain sense, we have already won.' He has also criticized NATO allies and described Iran as producing 'great negotiators' but 'lousy fighters.'The US and Israel have destroyed much of Iran's naval capabilities, but Tehran still possesses smaller boats capable of laying mines and launching anti-ship cruise missiles. These could render the Strait of Hormuz impassable to shipping.Iran's foreign minister, Abbas Araghchi, accused the US of 'double standards,' citing the US support for Israel's actions in Gaza while condemning Iran's defense in the Strait of Hormuz.The conflict has resulted in a significant death toll, with over 1,900 people killed in Iran and nearly 1,100 in Lebanon. The situation remains volatile, with fears of further escalation and potential ground invasion.
#Donald Trump #Iran #Strait of Hormuz
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Politics Mar 26, 2026

Israeli Airstrike Kills Hardline IRGC Naval Commander Alireza Tangsiri

Alireza Tangsiri, a hardline IRGC naval commander, was killed in an Israeli airstrike. He was known…
Alireza Tangsiri, the Islamic Revolutionary Guard Corps (IRGC) naval commander killed in an Israeli airstrike, was a veteran hardliner with a reputation for fiery rhetoric. He had a deep understanding of the strategic importance of the Strait of Hormuz, a critical waterway that carries a fifth of the world’s oil and gas.Tangsiri was a prominent figure in the IRGC, having won his credentials during the Iran-Iraq war and rising through the ranks to become the commander of the IRGC’s maritime force in 2018. He was known for pioneering unconventional weapons that allowed Iran to project power in the Persian Gulf and beyond.The US Treasury sanctioned Tangsiri in 2019 and 2023, citing his role in overseeing the IRGC Navy’s testing of cruise missiles and his involvement with a company that developed armed drones. These weapons could potentially be used to maintain the current blockade of the Strait of Hormuz.Tangsiri was also a strong supporter of fast boats, which can threaten civilian shipping and evade modern warship defense systems. His recent statements had dared the US to launch a ground assault on Kharg Island, Iran’s principal hub for oil exports, and warned of the impact on oil prices.The Israeli airstrike that killed Tangsiri has been seen as a significant blow to the IRGC. The commander of US Central Command, Adm Brad Cooper, said the killing “makes the region safer.” Israel’s Defense Minister, Israel Katz, described the strike as a “message” to the IRGC, vowing to “hunt you down and eliminate you one by one.”
#Israeli Defense Forces #Islamic Revolutionary Guard Corps #Alireza Tangsiri
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World Economy Mar 26, 2026

Co-op CEO Steps Down Amid Cyber-Attack Fallout and Toxic Culture Claims

The Co-op Group's CEO, Shirine Khoury-Haq, is stepping down after a difficult year marked by a cybe…
The Co-op Group has announced that its chief executive, Shirine Khoury-Haq, will step down this weekend after a challenging year that included a cyber-attack and recent claims of a “toxic” culture at the business.Khoury-Haq will depart on 29 March, and Kate Allum, a board member and former boss of the dairy group First Milk, will step in as interim boss while a permanent replacement is sought.The company, which owns more than 800 funeral parlours and an insurance and legal advisory business, as well as operating more than 2,000 convenience stores, reported an underlying loss of £125m. This is a significant drop from a £45m profit the year before, largely due to a £107m profits hit from the damaging IT hack.Khoury-Haq denied that her resignation was linked to the allegations of a toxic culture, stating that her decision to leave was a personal one. She expressed her desire to “go and do something else”.Sales at Co-op fell 2.3% to £11bn in the year to 3 January, following the mutual’s shops being left with gaps on shelves after the cyber-attack, which knocked £285m off sales.The group cited a “contracting convenience market” and “layered cost headwinds” of about £150m during the year, due to increases in employers’ national insurance, pay and packaging taxes.Khoury-Haq’s departure comes a month after reports of concerns about the culture at the top of the group. In February, the Co-op defended the behaviour of its bosses after reports said senior managers had complained of a “toxic” environment at the retailer.
#co-op #culture #year
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Environment Mar 26, 2026

Church Leaders Criticize GB News Owner Sir Paul Marshall Over Climate Stance

A group of 100 church leaders, including former Archbishop of Canterbury Rowan Williams, has critic…
Sir Paul Marshall, the co-owner of GB News and a self-described 'committed' Christian, has been criticized by a group of 100 church leaders over the TV channel's attacks on climate science and action. The leaders, including former Archbishop of Canterbury Rowan Williams, argue that Marshall's statements on climate change are misleading and that his hedge fund's £1.8bn investments in fossil fuels present a conflict of interest.Marshall has stated that the UK has been infected by 'climate derangement syndrome' and that efforts to cut planet-heating emissions are 'impoverishing people.' In response, the church leaders emphasized that 100% of global heating since 1950 has been caused by human emissions and activities, according to the world's climate scientists. They also noted that decarbonization is a huge growth opportunity that will save trillions of dollars in the long term.The leaders, in an open letter, urged Marshall to be transparent about any personal conflicts of interest and to declare his financial interests in fossil fuels. They cited research that found GB News broadcast 953 attacks on climate science and climate action in the period immediately before and after the 2024 general election.Marshall responded that 'the Gospel entreats us to look after the vulnerable' but argued that pursuing an 'ideological' net zero policy was 'a path of unilateral economic disarmament and self-harm.' He also stated that he was not involved in the editorial decisions of GB News, which has lost £131m since its launch in 2021.The Christian leaders' criticism of Marshall and GB News highlights the ongoing debate over climate change and the role of media outlets in shaping public discourse on the issue. As more than 100 countries have net zero policies and the UK's net zero economy grew by 10% in 2024, the pressure on media outlets to provide accurate and responsible reporting on climate issues continues to grow.
#GB News #Sir Paul Marshall #Rowan Williams
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Sports Mar 26, 2026

Keely Hodgkinson Taunts West Ham Over London's World Athletics Championships Bid

British athlete Keely Hodgkinson has playfully criticized West Ham over their stance on hosting the…
British athlete Keely Hodgkinson has poked fun at West Ham over their reluctance to give up the London Stadium for the 2029 World Athletics Championships. Hodgkinson, who recently won the World Indoor Championship 800m, took to social media to express her thoughts on the matter.In a lighthearted post, Hodgkinson suggested that the GB team would bring back more medals to the London Stadium than West Ham has seen in its entire history. This comment came in response to reports that West Ham's stance could jeopardize London's bid to host the championships.Sebastian Coe, the World Athletics president, has expressed his desire to hold the 2029 championships in September as a finale to the athletics season. However, West Ham is hesitant to give up the London Stadium for approximately three weeks, citing their football season commitments.The dispute has garnered attention from athletics fans, with many supporting Hodgkinson's comments. West Ham fans, on the other hand, have expressed mixed reactions, with some finding Hodgkinson's remarks disrespectful.The London Stadium, which hosted the London Olympics in 2012, has been West Ham's home since 2013. The club has a contractual right to prioritize their games during the football season. Lord Coe has commented on the matter, stating that he believes West Ham's deal is favorable.Other cities, including Rome, Munich, Nairobi, and an Indian city, are also interested in hosting the 2029 World Athletics Championships. The final submissions from bidding cities are due in early August, with a decision expected in September.
#Keely Hodgkinson #West Ham United #London Stadium
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Tech Mar 25, 2026

Apple Overhauls App Developer Platform with 100 New Metrics and Advanced Tools

Apple has significantly updated its App Store Connect service with over 100 new metrics and tools t…
The App Store Connect Transformation Apple has announced a significant update to its App Store Connect service, introducing over 100 new metrics and tools designed to help developers better understand and optimize their apps' performance across Apple's platforms. This overhaul comes at a critical time as the tech industry debates the future of app stores in the age of artificial intelligence. Expanded Metrics and Data Insights The updated App Store Connect now provides developers with comprehensive metrics across key areas including monetization, subscription data, and in-app purchase performance. Unlike third-party services that offer estimated data, Apple's metrics are based directly on the company's own data, providing more accurate insights into app performance. Among the new features are subscription reports that can be exported via an API, enabling developers to analyze their apps' performance offline or integrate Apple's data into their own systems. Developers can now gain deeper understanding of their users by analyzing behavior around download dates, sources, offer start dates, and other key engagement metrics. Competitive Analysis and Benchmarking Apple has introduced peer group benchmarks that allow developers to compare their performance against competitors in critical areas like download-to-paid conversions and proceeds per download. This feature provides valuable context for developers to assess their market position and identify opportunities for improvement. Apple emphasizes that it uses aggregated cohort data and differential privacy techniques to protect both user privacy and individual developer performance data, ensuring that insights can be gained without compromising sensitive information. Enhanced Data Filtering and Analytics Guide Developers can now apply up to seven filters simultaneously when viewing metrics in App Store Connect, allowing for more granular analysis of their app data. This enhanced filtering capability enables deeper dives into specific aspects of app performance. To support developers in making data-driven decisions, Apple has published a new App Store Analytics Guide in the Help section of App Store Connect. This comprehensive resource aims to help developers better understand the App Store's tools and features and develop effective strategies for app success. Strategic Timing Amid AI Evolution The timing of this App Store Connect overhaul is particularly noteworthy, as the industry witnesses rapid advancements in AI capabilities. There's growing speculation that AI agents could eventually replace traditional app stores, with some industry leaders suggesting that smartphone apps may become obsolete as AI-powered web services become more prevalent. Apple appears to be strategically positioning itself to strengthen its lucrative App Store ecosystem rather than allowing it to be disrupted by emerging technologies. The company is reportedly planning to announce an AI-powered Siri at its upcoming developer conference in June, which will be capable of completing tasks within apps, potentially bridging the gap between traditional apps and AI-powered services.
#Apple #App Store #Developers
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Video Mar 25, 2026

Mothers from Israel and Palestine Unite for Peaceful Barefoot Walk

Israeli and Palestinian mothers come together for a barefoot walk to call for peace and unity.
In a powerful display of solidarity and a quest for peace, mothers from Israel and Palestine recently gathered for a barefoot walk. This event, marked by a simple yet profound act of walking barefoot, aimed to transcend the complexities and conflicts that have long divided these two nations. The walk, undertaken by mothers from both sides, is a poignant reminder of the universal values of motherhood — love, care, and the desire for a safe and secure future for their children. By choosing to walk barefoot, these women symbolically expressed their shared humanity and their collective yearning for peace. Such initiatives are crucial in fostering dialogue and understanding between communities in conflict. They highlight the role that ordinary people, particularly women, can play in bridging divides and advocating for peace. The barefoot walk serves as a testament to the power of grassroots movements in promoting peace and reconciliation. As the world continues to grapple with conflict and division, the actions of these Israeli and Palestinian mothers offer a beacon of hope. Their courageous stand for peace underscores the importance of people-to-people diplomacy and the need for continued efforts towards achieving lasting peace in the region.
#israeli #palestinian #mothers
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Sports Mar 25, 2026

Mohamed Salah Announces Departure from Liverpool FC at End of Season

Liverpool FC announced on Tuesday that star forward Mohamed Salah will be leaving the club at the e…
Liverpool FC has officially announced that Mohamed Salah will depart the club at the end of the season. The news was shared in a statement released on Tuesday, with the club citing Salah's desire to be transparent with the supporters about his future.In a video message on his social media accounts, Salah expressed his gratitude to the club, city, and fans, highlighting the significant impact Liverpool has had on his life. He described Liverpool as more than just a football club, but a passion, history, and spirit.During his time at Liverpool, Salah has achieved immense success, helping the team secure two Premier League titles, the Champions League, FIFA Club World Cup, UEFA Super Cup, FA Cup, two League Cups, and an FA Community Shield. He has scored 255 goals in 435 appearances, making him the club's all-time third-highest goalscorer and winning the Premier League Golden Boot on four occasions.Salah joined Liverpool from AS Roma in 2017 and has since established himself as one of the best players in the club's history. His departure marks the end of an era for the Egyptian star, who has been an integral part of the team's success over the past few years.
#Mohamed Salah #Liverpool FC #Premier League
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