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Gunners title nothing special? How wild Europe’s title race was
Yesterday afternoon, after the match against Crystal Palace, Arsenal were finally able to lift the Premier League trophy again after 22 years. 22 years? Some clubs can only smile at that. In Europe, s...
$140,000 E.V.s and Heritage Gold: The Rise of China’s Homegrown Luxury Market
As China’s economy slows, consumers are increasingly turning to domestic luxury products, challenging the dominance of long-established European brands.
Iraola signs off after writing new Bournemouth chapter
Andoni Iraola leaves Bournemouth having taken the Cherries into Europe.
Sunderland defy expectation to secure European football against dismal Chelsea
A year to the day after they won the Championship play-off final and just four years after they escaped League One, Sunderland brought their remarkable Premier League campaign to a close by qualifying for next season’s Europa League.
iOS 27 could offer native integration with Google Cast and other streaming protocols
In response to the European Union’s Digital Markets Act (DMA), Apple is reportedly working on the ability to replace AirPlay...
Resurgent Political Risk Derails Rallies Across Emerging Markets
Investors in emerging markets are getting slammed by a fresh wave of political turmoil that is derailing bets from Latin America to Eastern Europe.
Vinted wants to be America's next shopping addiction
Vinted has seen sales in Europe surge year-on-year, It's now trying to recreate that success in the US.
Calm after the chaos welcome at Forest
One the final day 12 months ago, they missed out on Champions League football before this year slipped into chaos with Nuno Espirito Santo sacked in September. Since then, with Ange Postecoglou, Sean Dyche and now Vitor Pereira, it has been a wild ride of battling relegation and challenging in Europe. Pereira was the man to eventually take them to safety - and the Europa League semi-finals - but there needs to be a season of calm and certainty at the City Ground next season.
Nottingham Forest v Bournemouth: Key stats and talking points
Bournemouth visit Nottingham Forest on Sunday knowing they are already assured of a first European adventure next season – but they need a number of results to go their way to land a place in the Champions League. It was Forest who enjoyed their own continental quest this year, with an impressive run to the Europa League semi-finals providing a welcome distraction to their domestic woes. Vitor Pereira took over from Sean Dyche in February and has steered the Tricky Trees to safety thanks in no small part to an eight-game unbeaten run that ended with a 3-2 defeat by Manchester United last week.
🎥Matarazzo keen to finish the season on a high
With the team already qualified for Europe, Real’s coach wants a good result against Espanyol.It has been a season of ups and downs for Real Sociedad, who managed to lift the cup and, under Matarazz...
Trump Gets Another Ally in EU With Jansa’s Return in Slovenia
Slovenian lawmakers elected nationalist leader Janez Jansa as the country’s next premier, tilting another European Union member to the right and handing Donald Trump a potential ally in the bloc.
Lessons from the Vogue Business Global Summit: Chantilly
This year’s European Global Summit was held at the beautiful Château du Chantilly just outside of Paris. The two-day event saw industry leaders discuss the future of luxury, AI, and new growth markets.
Behind the scenes at the Vogue Business Global Summit: Chantilly
This year’s European Global Summit was held at the beautiful Château du Chantilly just outside of Paris. The two-day event saw industry leaders discuss the future of luxury, AI, and new growth markets.
EU’s Carbon Border Levy Is Growing Source of Tension for Ukraine
In the fourth year since Russia’s full-scale invasion of Ukraine’s industrial heartland, Kyiv faces another challenge—this time from a partner: the European Union’s carbon border adjustment mechanism.
German Ifo business sentiment unexpectedly rises
German business morale unexpectedly rose in May, a survey showed on Friday, offering a glimmer of hope for Europe's largest economy.
Trump says he’s sending 5,000 troops to Poland, deepening confusion over US military deployments to Europe
President Donald Trump declared Thursday the United States will send an additional 5,000 troops to Poland, an apparent reversal following recent moves by his administration to reduce the number of US troops in Europe.
LTM Has Issued an Offer to Acquire Randstad’s Technology and Consulting Services Business in Europe and Australia to Scale Domain-Driven Solutions and AI Services
LTM has issued an offer to acquire Randstad’s Technology and Consulting Services business in Europe and Australia.
Big science and uncanny prescience: Laurie Anderson’s greatest songs
Forty years since her pioneering concert film Home of the Brave, and ahead of a European tour, we count down the best of a surprisingly poppy avant garde catalogue
Sony Interactive Entertainment trademarks Break In
Sony Interactive Entertainment filed trademarks for “Break In” on May 20 in the United States and Europe.
Gonorrhoea and syphilis hit record levels in Europe, data shows
STIs have surged thanks to record cases and gaps in testing and prevention, a health agency reports.
Azamara Cruises Unveils 2028 Voyages, Debuts New Entertainment Offerings Aboard Azamara Journey
Azamara Cruises announced its 2028 voyages featuring expanded offerings in Asia and 12 new ports across Europe and Asia, plus new entertainment aboard Azamara Journey.
Transforming our future by unlocking the power of DNA: the representation of health-related genomic testing in UK news items
European Journal of Human Genetics - Transforming our future by unlocking the power of DNA: the representation of health-related genomic testing in UK news items
UEFA announce new European Qualifiers and Nations League format
UEFA have announced radical changes to the format of the Nations League and qualifying for the European Championship, following the Champions League system.The final details have not yet been confirme...
Nine Horizon Europe projects convene in Brussels to advance science-based pathways for transformative change for biodiversity
A joint results conference of nine projects from the Transformative Change Cluster will bring together around 150 participants from science and policy on 4–5 June 2026 at Comet Louise, Brussels.
Big Europe and Asian private equity health funds merge to defy AI disruption
Global Healthcare Opportunities and CBC Group say $21bn investment manager will be world’s largest in sector
Marco Penge announces he's stepping away to focus on health
Marco Penge, second in the Race to Dubai on the European tour to earn a PGA Tour card, is stepping away to attend to his health.
TNT Sports opts against making European finals free to watch
TNT Sports has decided not to provide a free-to-air option to watch the finals of the Champions League, Europa League or Conference League.
Exclusive: Airbus targets 10% cost cuts over global uncertainty and supply snags
Europe's Airbus is telling thousands of staff to reduce spending by 10% as global uncertainty and supply chain problems continue to squeeze its core jetliner business, three industry sources said.
'Leeds must seize this moment at all costs'
After a tremendous finish to the season, Daniel Farke has called for Leeds United to invest heavily this summer. Had Farke found the formula faster, Leeds would be challenging for Europe. With meaningful investment and using these tactics from the start of next season, United could realistically place much higher than their current position of 14th.
Europe's oldest science park could be redeveloped
Cambridge Science Park submits plans which could create 20,000 jobs and new public spaces.
Bournemouth v Man City: Key stats and talking points
BBC Sport examines some of the key themes before Tuesday's match (19:30 BST), with Manchester City needing a win [TO KEEP THEIR TITLE HOPES ALIVE]. This will be Andoni Iraola's final home game as Bournemouth boss and comes with his team on the brink of qualifying for Europe for the first time. A point would ensure the Cherries can finish no lower than eighth, which – as a result of Manchester City's victory in the FA Cup final – will be worth a place in next season's Conference League.
Fears of new China shock as EU industry’s reliance on imports grows
Rising volume of components imported from China prompts warning of cannibalisation of European industries
EXCLUSIVE: German intelligence warns Iran could expand terror operations in Europe after war
Officials warn of rise in Europe-based regime supporters travelling to Iran
Forging an Edge in Fashion and Sports E-Commerce
Last week, BoF and Amazon Fashion and Sports Europe gathered industry leaders for a panel event to unpack how brands can drive attention and conversion on- and off-screen through compelling digital experiences. Now, BoF shares insights from the discussion.
Wizz Air CCO: The A321XLR No Longer Fits Our Business Model
Wizz Air no longer has a business case for its Airbus A321XLRs so they are now being deployed as standard Neos, the airline's CCO told delegates at Routes Europe.
Scientists found a smarter Mediterranean diet that slashes diabetes risk by 31%
A large European study revealed that a lower-calorie Mediterranean diet paired with exercise and coaching dramatically reduced the risk of type 2 diabetes. Participants who made these lifestyle changes were 31% less likely to develop the disease over six years. They also lost more weight and trimmed their waistlines compared to those following a standard Mediterranean diet alone.
Political violence and civil unrest trends 2026
War has overtaken civil unrest as the political violence exposure companies fear most, as conflicts in Europe and the Middle East disrupt global trade flows, strain political alliances and heighten risks to business assets.
Ford Europe plans five new vehicles to turn around passenger business
Although it has leadership in commercial vehicles on the continent, the Blue Oval has struggled with market share in the retail space.
Europe’s poverty divide: Which cities and regions are most at risk?
The share of people at risk of poverty or social exclusion in Europe varies not only across countries but also across capital cities and regions. Euronews Business takes a closer look at these gaps.
Linfield in need of rebuild after tough season
European football and a trophy on paper sounds like a favourable campaign but, for a club like Linfield, it will not be considered one.
Europe is paying to make itself sick – and the health bill proves it
Europe spends billions on fossil fuel subsidies while facing huge healthcare costs. Leaders must prioritize people and environmental sustainability.
Founder Leadership: 4 Key Business Lessons From The U.S. And Europe
From balancing ambition with discipline to jumping in, even when the market isn’t ready, founder leaders share their views on business success.
New WHO tool supports countries to improve quality of child and youth mental health services
A new practical tool released by WHO/Europe aims to help countries strengthen the quality of mental health services for children and young people across the WHO European Region, addressing persistent gaps in access, consistency and accountability.
How the US Is Reshaping Europe’s Climate Ambitions
The EU-US climate relationship has evolved from a shared mission into a volatile cycle of leadership, retreat, and deep-seated friction.
🚨 Ligue 1: how relegation and Europe stand
Although marred by some Nantes ultras, who caused their match to be suspended, the final matchday in Ligue 1 was well worth it.At the top, Paris Saint-Germain, already champions, lost 2-1 away to thei...
Nine teams, four spots - Premier League set for European scramble
The Premier League title and relegation fights might be dominating the headlines, but the race for Europe is proving to be an equally chaotic and enthralling battle this season.
Analysis: Fulham's European hopes peter out
After beating Aston Villa at the end of April, Fulham were firmly in the mix not only for European qualification but potentially for a Champions League spot. A loss at Arsenal was not unexpected, the manner of the defeat by Bournemouth was hugely frustrating but victory at the league's bottom side would have kept Marco Silva's side in contention going into the final day. A huge swing in goal difference and the most unlikely sequence of results would now be needed for Fulham to make the top eight.
Analysis: Brighton face nervy final day
Brighton travelled to Leeds United knowing a win would secure European football for only the second time in their 124-year history. Leeds - playing with freedom after securing another year of top-flight football - made their life extremely difficult in the first half. Veltman's shot was blocked by Jaka Bijol and a swerving effort from Gross that needed Darlow to save were the only times they threatened before Van Hecke spurned the gilt-edged chance to put them in front in the 44th minute.
Scientists Uncover an “Alien” Metal Hidden in a 3,000-Year-Old Year-Old Treasure Stash
A Spanish museum guarded a 3,000-year-old secret. Two corroded objects in Europe's richest Bronze Age gold hoard were made from metal that fell from the sky.
Aston Villa and Newcastle enquire about Toulouse’s Dayann Methalie
Dayann Methalie (20) is one of the breakout stars of the Ligue 1 campaign, and the Frenchman is now attracting interest from clubs across Europe, as per a report from Téléfoot.Last summer, it was J...
Stunning 150-million-year-old stegosaur skull rewrites dinosaur evolution
A spectacular dinosaur discovery in Spain is giving scientists a rare new look inside the world of stegosaurs. Paleontologists uncovered the best-preserved stegosaur skull ever found in Europe, belonging to the iconic plated dinosaur Dacentrurus armatus, which roamed Earth around 150 million years ago. Because stegosaur skulls are extremely fragile and almost never survive intact, the fossil is helping researchers uncover previously unknown details about how these armored giants evolved.
Mistral CEO warns Europe has 2 years to avoid AI dependence on US
Mistral's CEO Arthur Mensch said AI dominance will depend on who controls chips, energy, and computing infrastructure.
Is China becoming Europe’s top science partner amid an American brain drain?
‘Massive changes in the global flow of talent’ are creating opportunities, according to the head of Germany’s Max Planck Society.
📸 The week’s kit news 👕
Several major European clubs unveiled their new kits this week. OneFootball takes a full look at this week’s kit news.🔴⚪ Arsenal - Home 2026-27 (official)🔴 Manchester United - Home 2026-27 (...
Should Your Subscription Business Use Auto-Renew?
Subscription businesses obsess over pricing and churn, but the most consequential strategic choice may be far simpler: whether subscriptions auto-renew or auto-cancel. Drawing on a 1.4 million–person field experiment with a major European newspaper, the authors show that while auto-renewal boosts short-term retention, it suppresses trial sign-ups so sharply that auto-cancel ultimately produces more paying subscribers and higher-quality customers over time. The right approach depends on two factors—whether customers are naturally loyal or variety-seeking, and whether a company is an incumbent defending share or a challenger trying to acquire it—making renewal defaults a competitive strategy decision, not merely an operational setting.
How greater spending on preventive health can promote economic growth
For European states, promoting both the health and economic wellbeing of their populations could be a valuable source of economic growth in coming years
The postwar UAE and the remaking of Gulf politics – European Council on Foreign Relations
Iran’s attacks on the Gulf have convinced Abu Dhabi that accommodation with Tehran has failed. Leaving OPEC reflects the UAE’s turn towards strategic autonomy,
5 Must-Read Analyst Questions From AMC Entertainment’s Q1 Earnings Call
AMC Entertainment’s first quarter saw a positive market response, driven by significant year-over-year revenue growth and improved operating margins. Management attributed this performance to a stronger box office environment, particularly across North America and Europe, as well as disciplined cost control and enhancements in the guest experience. CEO Adam Aron highlighted the impact of expanded premium screens, improved per patron spending, and the continued success of loyalty programs. Notabl
Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.
Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe
Central European Media Enterprises Joins ACE Anti-Piracy Coalition
Central European Media Enterprises has joined the Alliance for Creativity and Entertainment, the coalition tasked with fighting piracy worldwide. CME is a media and entertainment company operating in ...
Business school academics cancel US conference and switch to Europe
Foreign delegates stay away over visa and political concerns under Trump administration
Apple Backs Google After EU Orders Android Be Opened Up To AI Rivals
The company agrees with Google that it would put European users' privacy and safety at risk.
European markets to open higher as politics dominates the news agenda
European stocks are expected to open higher Thursday as investors keep an eye on developments in the U.K. and U.S. President Donald Trump's trip to China.
Apple warns EU against forcing Google to open Android to AI rivals
Apple submitted a filing to the EC today criticizing proposed measures that would force Google to open parts of Android to AI rivals.
Connecticut confirms first clade I mpox case, health officials say
The person who was infected recently traveled to Western Europe, where clade I mpox is spreading, officials say.
Haleon tackles sports injuries with latest soccer play
Haleon has completed a hat-trick of recent soccer initiatives, inki | Haleon has completed a hat-trick of recent soccer initiatives, inking a pain management partnership with the organization responsible for protecting the health and safety of players in Europe.
Protalix BioTherapeutics Reports First Quarter 2026 Financial and Business Results
Company to host conference call and webcast today at 8:00 a.m. EDT Elfabrio commercial execution continues following European Commission approval of the 2...
Leverkusen next German club to be linked with Rohl
Rangers' Danny Rohl is among several names on Bayer Leverkusen's shortlist for a new head coach, but Bild suggests that Crystal Palace's Oliver Glasner is the top choice and Girona's Michel is also a candidate. Danny Rohl is not at risk of being sacked by Rangers and is unlikely to leave for Wolfsburg considering their relegation from the Bundesliga, but Union Berlin, in particular, and Bayer Leverkusen could be more attractive propositions amid Europe-wide interest in the 37-year-old.
Celebrating 15 years of investments in pandemic influenza preparedness at this year’s World Health Assembly
The Pandemic Influenza Preparedness (PIP) Framework marks 15 years in action at this year’s World Health Assembly in Geneva, Switzerland, to be held on 18–23 May. The innovative global approach to preparing for and responding to influenza pandemics was adopted in 2011, prompting WHO and its Member States to look back at what has been achieved and look ahead to the role it can continue to play in the future.
European play-off final 'step too far' for Swifts
Dungannon Swifts boss Rodney McAree says the European play-off final proved to be "a step too far" for his side as they were beaten 3-1 by Linfield at Windsor Park.
🚨 Osasuna-Atlético de Madrid: line-ups confirmed in Pamplona
Osasuna, still in the fight for the European places, host an Atlético side that apparently has nothing left to play for until the end of the season.This is how the teams line up today at El Sadar; th...
Mapped Out: Why Cyprus is NATO and Europe’s hidden problem
50 years after its division, Cyprus is back in the focus of the European Union, as Europe redraws its security strategy amid a changing world order. Could geopolitical tensions help unify the island?
EMA welcomes political agreement on Critical Medicines Act | European Medicines Agency (EMA)
Act to improve availability, production and supply of critical medicines in the European Union
Another Gift To The World From CERN: Their Entire Set Of KiCad Libraries
As the foremost boffins of Europe toil deep underneath the border between Switzerland and France in their never-ending quest to truly understand the fabric of the Universe, they rely on a vast amou…
Kari Lake, Who Led Effort to Shutter Voice of America, Is Named Ambassador to Jamaica
Ms. Lake tried and failed to fire hundreds of Voice of America journalists and to cut funding for other federally funded news groups like Radio Free Europe/Radio Liberty.
The explosive history of spontaneous combustion
In Europe in the 17th, 18th, and 19th centuries, nearly a dozen cases of supposed spontaneous combustion were reported.
Plant Health 4 Life – reinforcing simple actions that protect plants
The Plant Health 4 Life campaign returns for its fourth and final year, continuing a shared effort by the European Food Safety Authority (EFSA), the European Commission and 33 countries to put plant health at the heart of our everyday choices.
NYC’s billion-dollar businesses issue a high-stakes economic alert on impact of proposed new taxes
A report from the Partnership for NYC shows that member companies support around 940,000 jobs and contribute billions to the local economy.
China tightens its grip on global business
Just days before a high-stakes Trump–Xi summit, Beijing is rewriting the rules of global business — punishing companies that move away from China, blocking major Western tech deals, and turning the screws on Europe to pick a side.
The Pixel's best voicemail feature might soon expand to non-Pixel phones, 20+ markets
Google may bring Take a Message to non-Pixel phones and new regions like India and Europe. These could be the new supported markets.
European Football Alliance Expands North American Reach Through Distribution Agreement with Fubo Sports Network
Partnership brings live EFA games and original programming to Audiences in U.S. and Canada The European Football Alliance (EFA) today announced a new content distribution agreement with Fubo Sports Network, the owned-and-operated FAST (free ad-supported streaming TV) channel from FuboTV Inc. (NYSE: FUBO), significantly expanding the league's visibility and accessibility across the United States and Canada. Launching its inaugural season in May 2026, the EFA is dedicated to elevating the quality,
The Night When Britain Joined Continental Europe’s Political Culture
Despite Brexit, the UK's political landscape now mimics many EU countries. UK establishment media and politicians have no idea what's next.
UK PM Starmer battles for political survival in pivotal speech as gilt yields rise
Starmer is expected to say that key issues of growth, defense, the U.K.'s relationship with Europe and energy must be urgently addressed.
Starmer, fighting for his political life, pledges to bring Britain closer to Europe
The prime minister plans to use a speech on Monday to argue that he will “face up to the big challenges” and restore “hope” to the country.
Today’s Papers – More Malen, less Milan and Spalletti’s demands
La Gazzetta dello SportHistoric Como: they are already in EuropeCrazy RomaSuper Malen: They are fourthParma turned upside down with the Dutchman at minute 101. Dybala’s farewell: ‘I’ll wave good...
Greater weight loss from GLP-1 drugs lowers health complication risk
New research to be presented at this year's European Congress on Obesity (ECO 2026, Istanbul, Turkey, 12-15 May) shows that, following treatment for obesity or diabetes or both using incretin-based drugs, losing more weight versus less weight, and losing a little weight versus gaining weight, both lead to relatively lower risk of obesity-related conditions.
UK's Starmer launches political fightback, putting Europe ties at heart of reset
British Prime Minister Keir Starmer will begin a political fightback on Monday in a speech that says rebuilding relations with the rest of Europe will be his government's defining mission, as he moves to quell growing calls to quit.
Manchester City's Phil Foden To Sign New Long-Term Extension
Phil Foden has reportedly reached a definitive decision regarding his Manchester City future after attracting significant interest from rival clubs across Europe.
DHA-GEIS strengthens biosurveillance, force health protection during African Lion 26
AGADIR, Morocco — A coalition of U.S. military and research organizations deliver integrated biosurveillance support, strengthening commanders’ situational awareness and directly bolstering mission readiness during African Lion 26, April 20-May 8, 2026. The Defense Health Agency’s Global Emerging Infections Surveillance program coordinated subject matter experts and laboratory partners from Walter Reed Army Institute of Research‑Africa; Naval Medical Research Unit, Navy Region Europe, Africa, Central; the 1st Global Field Medical Laboratory; and the U.S. Army Medical Research Institute of Infectious Diseases. Together they provided pre‑exercise risk assessments, rapid laboratory analysis and real‑time reporting that commanders and medical planners used to protect forces.
Guerrilla Games co-founder developing European game engine to rival Unreal and Unity
Guerrilla Games co-founder and former Epic tech director Arjan Brussee is working to build a new game engine as an "Eur…
‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war?
The economic warnings are bleak, but full extent of shortages are still not felt for many European countries
Companies are increasingly favoring temporary staff over permanent hires
Employers across the U.S. and Europe are increasingly relying on temporary workers to keep their businesses going, holding off on permanent hires because of economic instability and artificial intelligence-driven disruptions.
All passengers on hantavirus-hit ship considered high-risk contacts, EU health agency says
All passengers on the cruise ship hit by a deadly hantavirus outbreak are considered high-risk contacts as a precautionary measure, Europe's public health agency said ahead of the ship's expected anchoring on Sunday off the Spanish island of Tenerife.
Scientists say a critical Atlantic ocean current is weakening and the world could feel the impact
Scientists have uncovered strong evidence that a major Atlantic Ocean current system tied to global climate is weakening. The slowdown has been detected across a vast region of the North Atlantic over nearly two decades. Since this ocean circulation helps regulate weather and temperatures, changes could affect storms, rainfall, sea levels, and even winter conditions in parts of Europe and North America.
How Bournemouth are on brink of Europe despite losing stars
Bournemouth have brushed off being raided for their star players and are now on the brink of a European spot for next season.
Europe May Soon Get a Non-U.S. Alternative to Unreal Engine
But it sounds like it will be built with AI.
VAR will not be used in European play-off final
The Northern Ireland Football League [NIFL] confirms that the video assistant referee [VAR] will not be used during the European play-off final at Windsor Park.
Olin Refocuses Epoxy Business As Valuation Gap And Risks Persist
Olin Corporation (NYSE:OLN) has restructured its Epoxy segment, including rationalizing high cost assets. The company now positions itself as the last integrated epoxy producer in Europe. Olin is relying on structural cost advantages from its U.S. Gulf Coast assets to support Epoxy segment profitability. These steps come as the broader epoxy market faces volatility tied to geopolitical events and global supply chain disruptions. Olin, a chemicals and ammunition producer, is putting fresh...
Nottingham Forest v Newcastle United: Key stats and talking points
Having had their dreams of European glory ruthlessly dashed by Aston Villa, Nottingham Forest must now pick themselves up and secure the points they need to secure their Premier League status for next season. Six points clear of West Ham with three games to go, four points would definitely see them stay up, but a win should also prove to be enough given their vastly superior goal difference over the Hammers. The improvement by Vitor Pereira's side in front of goal in recent weeks has been astonishing.
CAIR Releases Analysis of Anti-Muslim Oklahoma Politics
The Council on American-Islamic Relations (CAIR), the nation's largest Muslim civil rights and advocacy organization, today released a new analysis detailing a multi-front effort to push Oklahoma Muslims outside the circle of the state’s protected civic and religious life — through legislation, thro