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Economy Jun 01, 2026

The Common Good Economy: Mariana Mazzucato's Vision for Economic Transformation

Economist Mariana Mazzucato's new book 'The Common Good Economy' proposes a radical rethinking of e…
The LeadWhen Keir Starmer won a landslide Labour majority promising to pursue five governing "missions", the high-profile leftwing economist Mariana Mazzucato was credited as an inspiration. Two years on, her bracing new book helps shed light on why Labour in power has struggled to project the sense of direction that "mission-led government", as Mazzucato calls it, requires.A New Framework for Economic PolicySynthesising and extending her earlier work, here she proposes "a new economics of collective action around the common good". From this perspective, the economy is not a concatenation of rapacious independent forces, to be contained and offset by public policy, but a project – or rather a series of projects – with direction and purpose.The Five Principles of Common Good EconomicsThe "compass" in the title is really a set of five principles, all of which Mazzucato says such an economy should have: purpose and "directionality"; co-creation by citizens; collective learning; reward sharing; and accountability. Each of these principles is set out in detail. Co-creation implies grassroots participation in designing and redesigning government programmes, for example – because, "when people help define a problem and develop and implement solutions, they see them as theirs rather than something imposed on them".Reward Sharing and PredistributionReward sharing means ensuring the creators or rightful owners of economic value stand to benefit: from Indigenous people whose homes lie near raw material deposits, to social media users whose data fuels Big Tech's profits. That implies radical tax reform – including greater use of wealth taxes – and the robust use of conditions in public contracts, to make sure workers and taxpayers get their fair share: an approach she calls "predistribution".Critique of Labour's Economic ApproachAccording to Mazzucato's definition, Labour's attempt at mission-led government badly missed the mark. Its first and overriding goal – "kickstart economic growth" – cannot be a "mission" at all, because it lacks the necessary purpose. What, in other words, is that economic growth meant to be for? While her scope in this ambitious book is global, the analysis also dismantles Starmer's claim to be pursuing national "missions", by setting out just how radical – and radically different – that would look in practice.Practical Examples and Global Applications"The seeds of transformation are everywhere," she says, citing inspiring projects that range from delivering healthy and sustainable school meals in Sweden to the EU's mission to support cities to become climate-neutral, to the international Nagoya Protocol on sharing the benefits of genetic resources and traditional knowledge. Echoes of Mazzucato's mindset are detectable in some Labour policies – from using the threat of legislation to cajole pension funds to invest more in UK assets, to writing conditions on youth training into clean energy contracts.The Future of Economic DirectionEconomies work best, she believes, when they pursue grand collective goals – developing and distributing a vaccine for a pandemic; or confronting the climate emergency (or, though she doesn't lean on the example here, tooling up for a new and more frightening geopolitical era). We should ask, she says, "not which market failure do we want to be fixed, but what direction do we want the economy to sail in".
#Mariana Mazzucato #Labour Party #Economic Policy
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Entertainment Jun 01, 2026

Kane Parsons Becomes Youngest Film-Maker to Open at No 1 in the US with Backrooms

Kane Parsons, at just 20 years old, has become the youngest film-maker to open a film at number one…
Kane Parsons' Historic Achievement Kane Parsons has become the youngest film-maker to open a film at number one at the North American box office for his directing debut Backrooms. The Success of Backrooms Parsons, 20, is seven years younger than the previous record holder, Josh Trank, who was 27 when his debut Chronicle recorded a $22m opening in 2011. Backrooms stunned industry observers by taking $81m in its first weekend in North America – which was also a record for its studio, A24. The Film's Background Backrooms, described by the Guardian’s chief critic Peter Bradshaw as “an icily brilliant and genuinely disturbing conceptual horror film” is based on Parsons’ YouTube series of the same name, inspired by the “creepypasta” of the same name, referring to a fictional space of infinite, interconnected spaces. Addressing Controversy Parsons’ age has led to claims online that he did not in fact direct the film, with actor Mark Duplass responding: ““Hmmm, with all due respect I don’t remember seeing you on set. When I was there, Kane was 100% in control. More so than many directors 3x his age.” Parsons himself also commented on the rumours, saying: “This is actually all true. They don’t tell you this, but 96% of all movies released in North America and Europe are actually directed by the same person. They call him ‘The Older Gentleman’. He has had all of Hollywood in a chokehold for decades now.” Comparison with Other Low-Budget Horror Films Backrooms' box office success follows that of another low-budget horror film, Obsession, directed by Curry Barker. Barker, at 26, is six years older; his film was released on 15 May with a $17.1m opening weekend in North America, and has now recorded $104.7m after four weeks.
#Kane Parsons #Backrooms #A24
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Politics Jun 01, 2026

UK Plan to Use AI for Asylum Seeker Age Assessment Sparks Concerns

The UK government's plan to use AI to assess the age of young asylum seekers has sparked concerns f…
The UK Government's Controversial Plan A coalition of over 100 refugee children's organizations has expressed concerns about the UK government's plan to use AI to assess the age of young asylum seekers. The plan, announced by the Home Office, involves using AI facial age estimation technology to determine the age of young asylum seekers whose age is disputed. The Risks of AI Age Assessment The Refugee and Migrant Children's Consortium, a coalition of organizations that work to promote and protect the rights of refugee and migrant children, has raised the alarm about the risks of using such technology. They argue that AI assessment is complex, especially considering the trauma, under-nutrition, and harrowing journeys that young people have undertaken to reach safety. The Data Analysis According to Home Office data, young asylum seekers are more than twice as likely to be recorded as children in assessments by social workers than those carried out by immigration officers at the border. The consortium's report, 'Benchmarks and Borders: the use of facial age estimation to assess the age of unaccompanied young people seeking asylum,' urges the Home Office to use AI in an advisory rather than determinative capacity, with a range of safeguards built in. The Impact Analysis The use of AI age assessment technology has sparked concerns about the potential for errors and bias. The consortium argues that AI faces the same problems with bias and inaccuracy as human decision-making, with similar patterns of errors. They also point out that poor image quality and bias in datasets can affect accuracy. The Prediction The UK government's plan to roll out AI age assessment technology has sparked concerns about the potential consequences for young asylum seekers. If flawed assessments are simply automated, more children could end up wrongly placed in adult accommodation, detention centers, or even prisons. The consortium is urging the government to reconsider its plans and to prioritize comprehensive age assessments carried out by social workers.
#UK Government #Asylum Seekers #Artificial Intelligence
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Entertainment Jun 01, 2026

Tip Toe Review: David Morrissey Shines in Russell T Davies's New Drama

The review of Russell T Davies's new drama 'Tip Toe' highlights David Morrissey's performance and t…
The Lead The review of Russell T Davies's new drama 'Tip Toe' highlights David Morrissey's performance and the show's exploration of various social issues, despite some initial shortcomings. Russell T Davies's Latest Drama The article begins by describing the opening scene of 'Tip Toe', which sets the tone for the rest of the series. The story revolves around Clive, an electrician played by David Morrissey, and his family. The show tackles various social issues, including LGBTQ+ rights, racism, and online harassment. The Data Analysis The review mentions that the show's first episode feels like a 'flurry of box-ticking' as it attempts to cover a wide range of topics. However, as the series progresses, the narrative begins to build, and the characters become more fleshed out. The Impact Analysis The show's exploration of social issues is a significant aspect of the review. The article notes that while the show's approach can be seen as 'agitprop', Davies's skill as a storyteller helps to balance the narrative. The review also highlights the performances of the cast, particularly David Morrissey and Alan Cumming. The Prediction The review concludes that while 'Tip Toe' has some initial shortcomings, it shows promise as it progresses. The article praises Davies's storytelling ability and the cast's performances, making it worth watching for fans of character-driven dramas.
#Russell T Davies #David Morrissey #Tip Toe
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Sports Jun 01, 2026

Arsenal's Champions League Final Loss: Is This as Good as It Gets?

Arsenal's Champions League final loss to PSG raises questions about the team's future prospects. De…
The Harsh Reality of Penalty Shootouts The greatest lie ever told about penalty shootouts is that they are a lottery. This is a recognisable and trainable footballing skill, a test not just of ball-striking and placement but research, psychology, mettle under pressure. Arsenal's Unfortunate Loss Were Arsenal unlucky in Budapest, then? Once we sieve out the righteous rage and endless counterfactuals, the minor quibbles over major refereeing calls, Arsenal probably got what they deserved. To lose on penalties after making the defending champions sweat and fluster for 120 minutes is undoubtedly harsh. The Data Analysis Arsenal's style of football is geared explicitly towards narrowing the range of realistic outcomes, and then catching the breaks that remain. The team's tactics and gameplan largely brought them to this point. Arsenal's recruitment in the last few windows has put a premium on bolstering the back line, adding depth, bringing up the overall level of the squad rather than signing the electrifying X-factor players who can win a big game with a moment of brilliance. The Impact Analysis The gulf in resources is obviously a factor here, but so too the gulf in priorities. Clubs who can rely on the largesse of a state have much fatter margins for error. An expensive misstep on the scale of the Neymar/Messi/Mbappé fiasco would derail most clubs for a decade. Paris, on the other hand, can simply shrug it off and go again. The Prediction Future generations may marvel at Arsenal's fortune in reaching a Champions League final by beating Bayer Leverkusen, Sporting Lisbon and Atlético Madrid. Will the circumstances really be any more favourable for them next time? The window of opportunity at the very highest level is vanishingly small, contingent on luck as well as skill, and has no guarantees of coming again.
#Arsenal #Champions League #Mikel Arteta
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Tech Jun 01, 2026

AI Is Devoid of Meaning and Humanity – Why Its Vapid Voice Fits the Current Political Climate

Nesrine Malik argues that artificial‑intelligence language lacks humanity, turning it into a perfec…
Lead: A Columnist’s Warning About AI’s Empty VoiceNesrine Malik contends that AI‑generated text is fundamentally meaningless, a fact that makes it dangerously suited to today’s political climate of repetitive, low‑emotion rhetoric. She describes a personal “nightmare scenario” where AI research tools introduce misquotes and dilute the writer’s own intellectual labor.The Column’s Core Claim: AI Lacks Humanity and Fuels Empty Political RhetoricMalik frames AI as a “tinny chant” that pervades everything from customer‑service bots to social‑media posts, stripping language of its personal alchemy. She argues that while AI can mimic styles, it cannot generate truly original voices, leaving writers dependent on a chorus of existing tones.Lack of Quantitative Data – Qualitative Observations OnlyNo financial or usage statistics are cited in the piece.The argument relies on anecdotal evidence: misattributed quotes, a Commonwealth short‑story controversy, and personal writing habits.References to external research (e.g., a Time study) suggest AI may reduce brain engagement, but no specific figures are provided.Implications for Journalism, Politics, and Public DiscourseThe column warns that AI’s bland, repeatable tone amplifies disinformation and enables political actors to hide behind “empty slogans.”Keir Starmer‑like voices are cited as examples of how AI‑styled language can mute genuine ideological expression, allowing extremist narratives to surface unchecked.Future Trajectory of Human Authorship in an AI‑Saturated LandscapeMalik predicts a growing cultural atrophy if writers continue to outsource research and prose to LLMs. She urges a conscious resistance to preserve the “social contract” of trust and authenticity, suggesting that the battle for credible, human‑crafted content will define the next era of public communication.
#Nesrine Malik #AI #Guardian
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Business Jun 01, 2026

FCA‑Palantir partnership sparks US data‑access fears

The UK Financial Conduct Authority has begun a 12‑week AI trial with US firm Palantir, prompting MP…
FCA has begun a 12‑week trial with US data‑analytics firm Palantir to test AI‑driven crime detection, while MPs and privacy groups warn the partnership could give the Trump administration a backdoor to UK financial data under the US Cloud Act.Details of the FCA‑Palantir AI trialThe trial will see Palantir’s platforms applied to a wide range of FCA data sets, including case intelligence files, lender fraud reports, consumer complaints and social‑media monitoring. The arrangement is at the 12‑week pilot stage and is intended to improve the regulator’s ability to spot financial crime.Financial stakes and contractual backdrop$375bn valuation of Palantir, co‑founded by Trump‑supporting billionaire Peter Thiel.Palantir holds contracts worth over £500m with NHS England and the Ministry of Defence.London mayor Sadiq Khan blocked a separate £50m two‑year deal between Palantir and the Metropolitan Police.Legal and sovereignty implicationsCritics argue that under the US Cloud Act, US authorities could compel Palantir to hand over any data it processes, potentially exposing UK citizens’ financial information to US surveillance regimes such as the Patriot Act and FISA. The FCA maintains that Palantir is only a “data processor”, that all data remains encrypted, and that the regulator retains control.Potential impact on UK data policyIf the trial proceeds without robust safeguards, it could set a precedent for further reliance on US‑based AI vendors, eroding confidence in the UK’s data sovereignty and prompting stricter procurement rules. Conversely, a successful pilot could accelerate AI adoption across UK regulators, influencing future contracts with private tech firms.Outlook and next stepsParliamentary committees are expected to request a detailed legal review of the Cloud Act’s applicability. The FCA has pledged to publish trial results, but pressure from MPs like Martin Wrigley suggests additional oversight may be imposed before any wider rollout.
#FCA #Palantir #US Cloud Act
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Health Jun 01, 2026

UK Heatwave Spurs Water Safety Experts to Warn of Drowning Risks

Water safety specialists are urging caution after at least nine recent drownings, including seven y…
Rising Drownings Amid the UK HeatwaveEmergency services have recorded nine water‑related deaths in the past few days, seven of them young people, as soaring temperatures push the public into rivers, lakes, reservoirs and coastal spots.Recent Fatal Incidents Highlight Cold‑Water Shock Danger17‑year‑old boy found dead in Pick Mere, Northwich (Cheshire Constabulary).Teenage girl and five boys died in separate incidents across Yorkshire, Warwickshire, Hampshire, Lincolnshire and Lancashire.Man in his 60s suffered cardiac arrest while rescuing relatives at Tregirls Beach, Cornwall.72‑year‑old woman died after being pulled from West Angle Bay, Pembrokeshire.Dr Heather Massey, associate professor at the University of Portsmouth, stresses the need for supervised swimming sites and basic rescue knowledge.Statistical Snapshot: Deaths and TrendsNational Water Safety Forum data show a spike in drownings from May through August 2025, with the majority of victims being young men.More than 50% of fatalities occur in inland waterways rather than on the coast.Research from Bournemouth University (2024) found drowning deaths are three times higher on days when temperatures exceed 25 °C, especially among men who have consumed alcohol.Why Cold Water and Heat Combine to Threaten SwimmersCold‑water shock triggers an involuntary gasp, rapid breathing and a sharp rise in heart rate. The effect peaks within the first 30 seconds and can last two to three minutes, making sudden immersion in cold water especially hazardous for people whose skin is heated by the sun.Jumping or diving amplifies the risk, as the initial gasp may draw water into the lungs before the swimmer can surface.Preventive Measures and Outlook for Summer SafetyExperts recommend:Choose locations with lifeguards and enter water gradually.Practice the “float‑on‑back” technique and keep the head tilted back to keep airways clear.Follow the “phone, float, throw” protocol when assisting someone in distress.Parents and carers should discuss water risks with children and encourage peer‑to‑peer safety.The National Water Safety Forum’s “Float to Live” campaign and statements from Gavin Ellis, drowning‑prevention lead at the National Fire Chiefs Council, underline that many incidents are preventable with awareness and timely action. As the heatwave persists, continued public education and increased lifeguard coverage will be crucial to curb the rising tide of drownings.
#National Water Safety Forum #Heather Massey #Gavin Ellis
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Health Jun 01, 2026

US Government Suppresses Vaccine Safety Studies, Raising Transparency Concerns

Recent reports reveal that the FDA withdrew two peer‑reviewed Covid‑19 vaccine safety studies and b…
Executive Summary of the Suppression AllegationsLast week the New York Times and Washington Post disclosed that the FDA directed the withdrawal of two Covid‑19 vaccine safety studies and blocked a Shingrix safety abstract, despite peer‑review acceptance. The actions raise serious questions about political interference in vaccine safety surveillance.FDA Withdraws Peer‑Reviewed Vaccine Safety StudiesIn October, FDA scientists were instructed to pull two manuscripts that had been accepted by the journals Drug Safety and Vaccine. A February decision prevented the submission of Shingrix safety abstracts to a major drug‑safety conference. The agency commissioned the work, received the findings, but has not released them.Scale of the Suppressed Studies and Their FindingsStudy 1 examined 7.5 million Medicare beneficiaries for 14 pre‑specified adverse outcomes after 2023‑2024 Covid‑19 vaccination, using a self‑controlled case‑series design with up to 90 days follow‑up. Only anaphylaxis (~1 per million Pfizer‑BioNTech doses) rose above statistical noise.Study 2 analyzed 4.2 million recipients aged 6 months to 64 years, confirming rare febrile‑seizure and myocarditis signals already on product labels.The Shingrix analysis, covering millions, reaffirmed a low but elevated Guillain‑Barré risk noted on the vaccine’s package insert.Implications for Public‑Health Transparency Ahead of the World CupThe timing coincides with the 2026 FIFA World Cup across 11 U.S. host cities, a period when measles cases have surged to >9,000 in Mexico and Canada lost measles‑elimination status. The CDC has lost roughly a quarter of its workforce in the past year and has faced editorial pressure on its weekly reports. Suppressing reassuring safety data while allowing unsubstantiated adverse‑event claims to circulate undermines clinician confidence and public‑health surveillance.Future Outlook for Vaccine Surveillance and PolicyIf political appointees continue to block peer‑reviewed findings, the credibility of federal vaccine monitoring could erode, prompting calls for independent oversight or legislative action. Transparency of the existing data may become a focal point for lawmakers and health‑care professionals as the World Cup progresses and respiratory clusters emerge.
#FDA #CDC #Vaccine Safety
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