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Energy crises do more than lift household bills; they can reshape an entire economy. In the 1970s the United Kingdom responded to oil shortages by expanding North Sea extraction and becoming a net energy exporter. Today, with a 10 million‑barrel‑per‑day supply deficit and a fifth of global LNG trade under strain, that strategy no longer offers security.The UK is now acutely vulnerable to volatile gas prices. Inflation expectations are rising, markets anticipate higher interest rates, and borrowing costs have surged to levels not seen since the 2008 financial crisis. The ripple effect is already evident in food markets, where inflation hit 3.3 % in February and could climb sharply within three months.New data reveal that the hundreds of North Sea licences granted since 2010 have added merely 36 days of extra gas production. Major oil majors such as BP are re‑emphasising oil and gas to reassure investors, while Shell continues aggressive share‑buy‑backs. The reality is clear: fossil‑fuel giants cannot be the rescue plan.Gas should no longer set the price floor for electricity. As the grid leans more on wind and solar, gas must be treated as a backup resource, compensated with a fixed or regulated price rather than wholesale market volatility. Research from University College London and Common Wealth outlines a practical model for this approach.Beyond market reforms, households need a safety net. An essential energy guarantee—a capped, affordable band of consumption for every home—mirrors schemes adopted in Austria, the Netherlands and Poland after the 2022 crisis and would be more targeted than the current blanket price‑support guarantee.Similarly, a protected basket of staple foods, backed by long‑term procurement and direct support for domestic producers, could stabilise prices. France’s 2023 anti‑inflation shopping‑basket experiment offers a template, and the UK already supplies over 60 % of its own food, though it remains dependent on imports for fruits, vegetables, rice and fertilisers.The long‑term solution lies in renewable power. Record wind generation this year has already reduced gas‑fired output, while consumer interest in solar panels, batteries and heat pumps is soaring. A typical solar‑plus‑battery system can slash a household’s electricity bill to under £2 per month, and electric‑vehicle owners can save more than £1,000 annually on fuel costs.To unlock these savings, the government must back financing mechanisms such as zero‑interest loans, subscription‑style purchases for solar and heat‑pump kits, and leasing schemes for electric vehicles. On a larger scale, a dual‑interest‑rate policy—standard rates for the broader economy and preferential, low‑cost funding for clean‑energy projects—could mirror the green‑lending models already used by China’s central bank and the Bank of Japan.In short, the United Kingdom faces a decisive moment. The 1970s taught that energy shocks can remake a nation; the question now is whether the UK will seize this crisis to protect living standards and build a resilient, low‑carbon energy system for the decades ahead.

Ghana's football association announced on Monday that they have terminated the contract of head coach Otto Addo, effective immediately. This decision comes just 72 days before the kickoff of the FIFA World Cup.The termination follows a recent friendly match loss to Germany, which was Ghana's fifth successive loss in friendlies. The team also suffered a 5-1 defeat in Austria on Friday.Otto Addo, a German-born former Borussia Dortmund player, was appointed for a second stint in March 2024. He previously led the Black Stars' campaign at the 2022 World Cup in Qatar, where Ghana exited in the group stage.Under Addo's leadership, Ghana secured a spot at the upcoming World Cup in North America, where they will face Panama on June 17 in Toronto. They are placed in Group L alongside Croatia and England.The four-time Africa Cup of Nations champions failed to qualify for the 2025 edition in Morocco, marking their first absence from the regional competition in 21 years.

Ghana's head coach, Otto Addo, has been sacked by the Ghana Football Association (GFA) just 72 days before the start of the 2026 World Cup. The decision comes after a 2-1 defeat to Germany in Stuttgart, which marked Ghana's fourth consecutive friendly loss.The GFA announced the termination of Addo's contract, effective immediately, following a disappointing run of results that included a 5-1 loss to Austria and defeats to Japan and South Korea in November. Addo, a Germany-born former Ghana international, was reappointed in March 2024 but failed to qualify for the 2025 Africa Cup of Nations despite having talented players like Antoine Semenyo and Mohammed Kudus in his squad.During his second spell as coach, Addo managed eight wins and nine losses in 22 games. He previously led Ghana at the 2022 World Cup, where they secured a notable 3-2 victory over South Korea but exited the tournament at the group stage after losses to Portugal and Uruguay.Ghana, preparing for their fifth World Cup appearance, are set to face England, Panama, and Croatia in Group L this summer, with their match against England scheduled for June 23.

Austria is set to introduce a compulsory minimum age of 14 for social media use, with the government citing concerns that certain online platforms are addictive and harmful to young people. The announcement was made by conservative junior minister for digitisation, Alexander Proell, at a joint news conference.“We will decisively protect children and young people in future from the negative effects of social media,” said Vice Chancellor Andreas Babler of the Social Democrats. “We will no longer stand by and watch while these platforms make our children addicted and often also sick … The risks associated with this use were ignored for long enough, and now it is time to act.”The Austrian government plans to draft legislation by June, which will determine which platforms are affected based on their addictive algorithms and content, such as “sexualised violence”. The ban will not target specific platforms but will focus on their impact on young users.This move follows a landmark social media addiction lawsuit in the US, where a jury found Alphabet’s Google and Meta liable for $6m in damages. The case involved a 20-year-old woman who claimed she became addicted to social media apps at a young age due to their platform design. Meta plans to appeal the decision.Other nations in Europe, including France, the UK, Denmark, Spain, and Greece, are also considering or have implemented bans on social media use for children, amid growing concerns about online bullying and mental health risks. The European Parliament has called for the EU to set minimum ages for children to access social media, although it is up to member states to impose age limits.

The notion of governments controlling prices has long been considered taboo in modern economics. However, with the resurgence of inflation and its far-reaching consequences, this stance is beginning to shift. Politicians are now exploring the possibility of intervening in the market to regulate prices, a move that would have been deemed unthinkable just a few decades ago.The Austrian economist Friedrich Hayek had argued that governments lacked the necessary information to make informed decisions about prices, leading to inefficiencies in state-run economies. Nevertheless, as market economies have struggled to provide affordable essentials like energy and housing, interest in state-regulated prices has begun to grow.Examples from Mexico and Spain demonstrate the effectiveness of government intervention in controlling prices. In Mexico, the left-wing president Andrés Manuel López Obrador and his successor Claudia Sheinbaum have capped the prices of essential goods, while in Spain, the centre-left government of Pedro Sánchez has implemented a national rent freeze and energy price cap.In the UK, Zack Polanski of the Green party has advocated for a wider price reset, while Andy Burnham, a possible Labour leadership candidate, has also called for more state involvement in the economy to reduce prices. Burnham's experiences as mayor of Greater Manchester, where he has brought buses back under public control, have informed his arguments.The pressure for the UK to adopt similar measures is mounting, with a majority of British voters supporting nationalizations to get prices under control. As inflation continues to rise, it remains to be seen whether the UK government will follow the example of countries like Spain and Mexico.

Roy Hodgson has made a sensational return to management at the age of 78 with Bristol City, following the sacking of Gerhard Struber by the Championship club. Hodgson, who has been out of work since leaving Crystal Palace in February 2024, will take charge of City for the remaining seven games of the season. They are currently 16th in the Championship.Hodgson's storied managerial career in England began at Ashton Gate in 1982, after a period at Swedish club Halmstad. In total, he has managed 17 different clubs and four different international sides, including England, from 2012-16. “I have had great conversations with the board and I am really excited by the opportunity to help until the end of the season,” he said. “We will get straight to work and look for a positive performance [against Charlton] on Good Friday.”The appointment comes after Struber, who succeeded Liam Manning last summer, had grown frustrated at the club and voiced his disappointment at the January window, when City sold key players Anis Mehmeti and Zak Vyner to division rivals Ipswich and Wrexham respectively. Struber’s assistant Bernd Eibler has also departed. Results under the Austrian tailed off, with Struber winning only one of his final nine matches in all competitions.“Roy’s appointment is about more than the results of the next seven games,” said the Bristol City chief executive Charlie Boss. “Over the remainder of the season, he will help us set the standards and values at the club that we will need to be successful going forwards. Roy is a vastly experienced coach who has achieved and won at the highest level.” City are in the process of recruiting an incoming sporting director who will help appoint a permanent head coach expected to replace Hodgson at the end of the season.

Mikaela Shiffrin is poised to make history by claiming her sixth overall World Cup title, tying the women's record held by Austrian legend Annemarie Moser-Pröll. The American skier dominated the slalom event on Tuesday, securing her ninth win in 10 World Cup starts this season, a remarkable achievement that has placed her on the brink of success.Shiffrin's victory, which came with a substantial margin of 1.32 seconds over Wendy Holdener, earned her 100 points in the overall standings. Meanwhile, Emma Aicher's third-place finish kept her within striking distance, trailing Shiffrin by 85 points with only the season-ending giant slalom race remaining.Shiffrin's impressive performance has been a highlight of the season, with her ninth win in slalom events setting a new single-season record in 60 years on the circuit. Her consistent dominance in slalom has also secured her ninth career slalom season title.The final race on Wednesday presents Aicher with a challenging task: she must win to keep her title hopes alive, while Shiffrin can seal the overall title with a top-15 finish that would earn her at least 16 points. Shiffrin's odds are significantly in her favor, given Aicher's lack of experience in World Cup giant slalom events, where Aicher's best finish is fourth place.Shiffrin's achievements extend beyond her current season; her 110th career race win on Tuesday solidifies her position as the skier with the most World Cup victories, surpassing Ingmar Stenmark's record of 86 wins.“This season has been so exciting, quite like a whirlwind,” Shiffrin reflected. “I’m grateful for it.”