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Doctors push new blood tests for colon cancer as cases surge in younger adults
The American Cancer Society updated colorectal cancer screening guidelines, adding blood-based tests and reaffirming screening should begin at age 45.
The business case for mental health: NC Chamber hosts summit highlighting importance of youth well-being
The summit gathered business, health care, and government leaders to discuss the impact of mental health on the state's young people.
The business case for mental health: NC Chamber hosts summit highlighting importance of youth well-being
The summit gathered business, health care, and government leaders to discuss the impact of mental health on the state's young people.
UNO Research Shows What Motivates Female Students to Pursue STEM Research Experiences
The study of urban and rural schools revealed the important role science fairs play in inspiring young learners.
Key Facts About Health Care Affordability for People With Medicare
This brief presents key facts and analysis about affordability of health care costs among people with Medicare, including younger adults with long-term disabilities, drawing on data from various sources.
Lingokids Interactive Entertainment Report Reveals How Gen Alpha is Redefining Screentime
/PRNewswire/ -- Lingokids, the No. 1 online entertainment platform for young children, released the Kids Interactive Entertainment Report today, a detailed...
'First of its kind' hub to focus on female sport
The hub's work educates grassroots coaches about the importance of injury risk in young girls.
New colon cancer tests: blood test and high-tech stool test
Colonoscopies are still the gold standard, but experts now endorse a high-tech stool test and a blood draw amid rising rates of young colon cancer.
Young Denver business owner is cofounder of new nostalgic country bar and dance hall
Santa Fe Place mall’s adventure park for youngsters will close
According to Thursday's AAA New Mexico Weekend Gas Watch, the average price of a gallon of gas in the state was $4.50.
California's Primary is June 2. Do You Know What's on Your Ballot?
We talk with KQED’s Politics Team to answer your questions and discuss what you need to know to fill out your ballot.
Brewers Place Logan Henderson on IL With Back Strain
The Milwaukee Brewers' promising young pitcher landed on the 15-Day IL with a lower back strain.
Mets Announce Slew of Injury News
Despite the return of both A.J. Minter and Jared Young, the Mets are now placing Tyrone Taylor on the injured list.
Carmine Marceno backs Susan Frantz in HD 78 bid
Her campaign emphasizes her work with families in crisis, cancer patients, small-business owners and young leaders in the region.
SCSU Softball Places Five on Collegiate Sports Communicators Academic All-District Teams
Southern Connecticut State University softball standouts Sophia Angiolini, Izzy Ingersoll, Olivia Young, Nadia Cestari and Brianna Pearson were named to the Collegiate Sports Communicators (CSC) for the 2026 season. To qualify for the award, athletes must be at least a sophomore athletically and academically with a GPA of 3.5 or higher. On the field, athletes must compete in 90% of games or start 66% of them.
2023 NFL redraft: Top QBs swap places as Day 3 steals -- plus a UDFA -- crash a wildly different Round 1
Several NFL teams would make major changes three years later as late-round gems reshape the first round
Breeding Possibilities for Better Crops
Driven by a strong work ethic, Caitlin Kestell, a doctoral student in crop science, pursues genome editing and biotechnology to advance crop improvement and inspire young scientists.
Bleacher Report launches YouTube channel for its sports cartoon fanbase ahead of World Cup
Bleacher Report is betting on animated sports content and YouTube distribution to capture World Cup fans and young viewers.
Liverpool In 'Concrete Talks' To Beat Man City To Sign 16-Year Old Midfielder
Liverpool have made a significant move in the race to sign one of Europe's most exciting young talents.
Little Big Business Marketplace spotlights ambitious student-led businesses
May is Small Business Month, but today we’re highlighting some of our area’s youngest entrepreneurs who are thinking big! The Little Big Business Marketplace is almost here to showcase …
I redesigned my toddler's room to teach him independence
Victoria Lee Jones redesigned her son's bedroom to encourage independence, confidence, and self-expression from a young age.
Azzi Fudd’s third-quarter takeover lifts the Wings past the Liberty
Fudd always enjoyed playing at Barclays Center when she was in college at UConn, so it was no surprise that she had the best game of her young pro career there.
CenterPlace Health in Sarasota County names CEO
IN BRIEF: Sarasota Chamber VP honored; Homebuilder names Sarasota president; Young Professionals Summit; SPARCC attorney honored.
What Norway’s dominance at the Winter Olympics can teach us about youth sports
The country’s focus for young people on ‘the joy of sport’ leads to much higher participation rates – and lots of Olympic gold Barry Finegold, CommonWealth Beacon EVERY CYCLE OF the Winter Olympics brings a familiar but uncomfortable storyline: The United States, with its vast population, enormous resources, and deep
Youth Villages programs help children, young adults navigate mental health challenges
Organization serves more than 1,000 youth and families daily across North Carolina
Eastern Congo sees a third attack on health centers treating Ebola
A local hospital official says that angry young men stormed a hospital treating Ebola patients at the heart of an outbreak in eastern Congo, demanding the bodies of their relatives.
Young men storm a Congo hospital treating Ebola patients to demand bodies of their kin
A local hospital official says that angry young men stormed a hospital treating Ebola patients at the heart of an outbreak in eastern Congo, demanding the bodies of their relatives.
Reds thankful, Athletics regret non-tendering JJ Bleday
The Athletics' young outfielders have not produced this season.
Looksmaxxing may point to deeper body image issues in young men, mental health expert says
A mental health professional explains how sensationalizing the extreme behaviors associated with “looksmaxxing,” rather than treating them as symptoms of mental health issues, can prevent boys and young men from receiving the care they need.
What will people remember about you after you die? Thinking about your legacy now could be good for you
Research shows that considering how we will be remembered when we die can help us improve our mental health and find more meaning during our lives – including if we are still young.
From prevention to lifelong care: How Ochsner Health supports women’s wellness
Women’s health is not defined by a single moment or milestone. Instead, it is a journey that evolves from adolescence into young adulthood, midlife, then into menopause and beyond. Ochsner
Diet change tied to ‘younger’ biological age in older adults after 4 weeks
University of Sydney researchers found that short-term diet changes may reduce biological age in older adults, with plant-based diets showing top results.
5 Takeaways From a Times Investigation on Autism Therapy Clinics
A rapidly growing industry often overprescribes treatment to young children with autism, who spend as many as 40 hours a week at the facilities.
Silverman Commentary: Positive Youth Mental Health Begins with Belonging
By Tami Silverman President & CEO of Indiana Youth Institute May 22, 2026 For years, conversations about youth mental health understandably have focused on crises. Rates of rising anxiety, depression, loneliness, and stress among young people have captured national attention. Families, schools, healthcare providers, and community organizations across Indiana continue working hard to respond to
Defending support: Panthers' Derrick Brown backs, lauds QB Bryce Young
Carolina's defensive leader, through the good and bad games, consistently supported the 2023 NFL No. 1 overall draft pick.
2026 MLB Odds: Back Up-And-Coming Brewers Ace for NL Cy Young
The NL Cy Young race is already a dogfight. But Will Hill sees a lesser-known name he likes to make a run at the award.
Young scientists show off projects at St. James the Apostle School
Students at Saint James the Apostle School in Carmel had the chance to delve deeply into a project of interest for the school’s annual Science Fair.
Long Beach Century Club Hosts 38th Annual Middle School Sports Awards Banquet
The Long Beach Century Club hosted its 38th annual middle school sports awards banquet last Thursday at the LBS Financial Credit Union Pyramid, honoring young athletes from across the Long Beach Unified School District. The club welcomed around 1,500 athletes, coaches, faculty and family members whi
BACS Holds Science Fair
62 young scientists came from around Eastern Oregon and Southeast Washington to Baker Adventist Christian School, so they could share ideas and learn from each other.
Special Olympics and Young 9 Foundation Partner to Advance Inclusive Sports
Two-year Partnership to Grow Special Olympics Unified Sports® in North Carolina and the Caribbean
Too young to drink, ready to destroy: How young punks Xcomm are crashing the hardcore scene
Homework can wait for L.A.'s hardcore upstart Xcomm, whose youngest member is 14, as it focuses on the release of its debut album, 'Time to Burn.'
Opinion: Youth mental health must be a defining issue for Colorado’s next governor
Colorado can be a national leader in supporting young people’s mental health. A new coalition of state advocates and organizations is a start.
Underage sports betting reports surge in Connecticut, some involving children as young as seven
More than 200 reports of underage sports betting were reported in Connecticut in one year, with some instances involving children as young as seven years old.
Anxiety and anger: New report explores mental health struggles of boys and young men
A new report from The Jed Foundation (JED) examines the mental health challenges facing boys and young men.
Anxiety and anger: New report explores mental health struggles of boys and young men
A new report from The Jed Foundation (JED) examines the mental health challenges facing boys and young men.
Anxiety and anger: New report explores mental health struggles of boys and young men
A new report from The Jed Foundation (JED) examines the mental health challenges facing boys and young men.
Why The Former ‘Fastest Girl In America’ Wants To Change Sports
A record-breaking runner reveals the harmful side of sports culture and shares her ideas for how coaches, parents and young athletes can cultivate a healthier sports environment.
4 young Titans players to watch at OTAs
The Tennessee Titans are conducting OTA workouts, and we’ve identified four sophomore players we should be monitoring.
‘We’ve given them the short end of the stick’: Business school dean says AI could eliminate many jobs for young people—even as they lead innovation
Despite being innovation leaders, young workers face an AI transition that prioritizes "better, cheaper, faster" over breakthrough thinking, according to Professor Jeff DeGraff.
Anxiety and anger: New report explores mental health struggles of boys and young men
A new report from The Jed Foundation (JED) examines the mental health challenges facing boys and young men.
Lunar launch
When Artemis II launched in April, sending astronauts around the moon for the first time in more than 50 years, the mission broke records — and will help scientists understand undiscovered secrets, including the history of Earth and our solar system.As lunar science lead for NASA’s Artemis II mission, Kelsey Young, ’12 MS and ’14 PhD in geological sciences, led the team that developed the lunar science plan and trained the crew to study the moon.
‘Whimsy,’ a New Trend, May Be a Life Raft for Gen-Z and Millennials
To a younger generation, the word describes a playful response to a difficult world — even if it might strike some as a precious form of capitalism.
The AI bots are coming and the young are booing, not applauding
The AI revolution is here and the boos are getting louder.
Faith-based disability home aid business opens in Liberty
It was a day filled with prayer, celebration, and emotion as a new faith-based disability home aid business officially opened its doors.
Jahmiel Jackson, 24, seeks to shake up Philly politics with independent run for Congress
ATLANTA — Jahmiel Jackson, one of the youngest congressional candidates in the country, is looking to reshape politics during the 2026 midterm cycle. While he started out in the race as a Democrat,…
We Need to Start Holding the Republican Party Accountable for Xenophobic Violence
It’s abundantly clear that the GOP encourages the kind of anger that causes young people to loot the family gun locker and shoot up a mosque.
4 ATVs taken in break-in at Youngstown business: Report
Officers were called about 10:30 a.m. Monday to a 2228 South Ave. business, where the owner said when an employee arrived for work at 9 a.m., they noticed a lock had been cut, and the ATVs were gon…
The Joshua Cache: A Rare Archaeological Discovery
A young explorer's accidental discovery reveals a mysterious 2,000-year-old cache of stone tools.
Why more US women are moving abroad: ‘there’s always a level of stress on your shoulders’
As many as 40% of young women say they want to migrate, citing better work life balance to Trump’s politics
Gen Z’s political gender divide is now showing up in schools
Young men and women split sharply in 2024. Teachers and students say that rift is reshaping classrooms, friendships and dating.
Gen Z’s Political Gender Divide Is Now Showing Up in Schools
Young men and women split sharply in 2024. Teachers and students say that rift is reshaping classrooms, friendships and dating.
The women leaving the 'New Right'
Defectors from the ‘New Right’ say that sexism is a feature, not a bug of modern-day conservatism.New York Magazine’s Sam Adler-Bell published The Young Women Leaving the New Right, detailing the experiences of conservative women who say that rampant misogyny within the space is pushing them out of a community they helped build. From demanding that women stay home and out of public life to advocating for the repeal of civil rights law - some conservative women have reached their limit. But host Brittany Luse wonders: will this change of heart stick in the voting booths? Or is this just more of the same?To answer that question, Brittany is joined by Editor at Large of the 19th and NABJ President, Errin Haines. Errin helps unpack the link between the ‘new’ and ‘old’ right, white women checkered political history, and how searching for community can sometimes lead people down dark paths. Want more about women and politics? Check out these episodes:Progressive women have 'had it!' And they're fighting back.The political power of Gen Z womenEnough is enough. Is it time to leave America?Support Public Media. Join NPR Plus.Follow Brittany on Instagram: @bmluseFor handpicked podcast recommendations every week, subscribe to NPR’s Pod Club newsletter at npr.org/podclub.
Spirits brands look to sports, sponsorship and celebrity playbook to convert younger consumers
For advertisers like Chivas, Maker’s Mark and Jameson sports is the keystone of efforts to recruit younger drinkers and renew brand profiles.
TRIPLE THREAT: Kedren Young, Jason Onye, and Noah Grubbs
Breaking down the Notre Dame Football roster three players at a time to prep for the 2026 CFB season.
Asia’s Maternal Health Story Is Changing — And Young People Are Asking Bigger Questions
From Tokyo to rural villages, maternal health in Asia is rapidly changing.
How to Encourage Mental Health Conversations With Your Teen
Psychologist Dr. Alfiee Breland-Noble, founder of The AAKOMA Project, joins TODAY’s Jenna Bush Hager and guest co-host Carson Daly to share tips from her new book called “Rise and Thrive: A Mental Health Workbook for Youth and for the Young Person Inside All of Us.” She shares how to identity if your child is struggling, ways to encourage conversation, and what to do if someone is experiencing a mental crisis.
Which young Penguins players could break out in 2026-27?
Looking at some young Pittsburgh Penguins players that could take a big step forward next season.
MSU study challenges notions about trees and human health
Researchers found that tree canopies do improve health, but benefits vary based on socioeconomic factors such as income.
‘Knowledge comes, but wisdom lingers’: how Alfred Tennyson drew science into his poetry
Robert P Crease reviews The Boundless Deep: Young Tennyson, Science and the Crisis of Belief by Richard Holmes
More to come from Ireland after beating Scots
The 2026 Women's Six Nations has felt like another significant step forward for a young but talented Ireland side.
Panthers reportedly won't extend Bryce Young before 2026 season
What Panthers are signaling with Bryce Young extension delay.
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.
TEEMA global science park plan takes shape with Mexico leading
The Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) is moving ahead with its global science park strategy, and Mexico's Sonora has emerged as the leading candidate for an early launch, TEEMA chairman Young Liu said before the group's 27th general assembly on May 15, 2026. Liu said Sonora has the strongest chance of becoming the first site because talks began earliest there and field inspections have already been carried out three times, putting it well ahead of other candidate locations.
Sabres-Canadiens playoff series to be decided with Game 7 at Buffalo on Monday
Montreal and Buffalo are the two youngest teams by average age still in contention, and both relative recent playoff newcomers.
Sway a crowd, wear a martyr’s crown: how one NSW politician went from scandal to political success – and wrote a playbook still used today
At the turn of last century, an ambitious young solicitor caused a scandal in a high-profile murder case. Years later he was a political leader in a new nation. How did he do it?
Nat Myers is fighting a rare, aggressive cancer — and just booked Austin City Limits
The young singer just notched a career goal.
Kids’ mental health - time to close the gap: Marissa Kiefer
Mental and behavioral health challenges among young people are not rare -- they’re part of life for many families. But at UH Rainbow Babies & Children’s, we’re dedicated to trying new approaches, writes guest columnist Marissa Kiefer, president of University Hospitals' Rainbow Babies & Children’s and MacDonald Women’s hospitals.
PHA and NAMI host songwriting workshop for Philadelphia youth during Mental Health Awareness Month
The therapeutic songwriting workshop was designed to give young people a creative outlet to discuss their mental health.
St. Johns County seventh grader helping grow girls hockey in Northeast Florida after championship success
While hockey continues to grow in the Sunshine State, one young player from St. Johns County is already making a name for herself on the ice. At just 12 years old, Rory Mayer is piling up championships and helping lead the next generation of girls hockey in Jacksonville.
Scientists reverse Alzheimer’s in mice with breakthrough nanotechnology
A new nanotechnology treatment reversed Alzheimer’s symptoms in mice by restoring the brain’s natural cleanup system. The specially engineered nanoparticles helped clear toxic amyloid proteins from the brain and repair the blood-brain barrier, which normally protects and regulates the brain’s environment. In one striking experiment, elderly mice treated with the therapy later behaved like healthy younger mice.
Young Dolph Shooter Pleads Guilty, Concluding Rapper’s Murder Case
Cornelius Smith Jr., who previously admitted to shooting the rapper at a co-defendant's trial, sentenced to 20 years in prison
Health expert shares screening advice for women of all ages
Dr. Lydia Pace explains which health screenings women should prioritize and why younger women should still stay proactive.
My son died from colon cancer at 30; what I want young people to know
Kathy Lemoine's 30-year-old son, Andrew Reaster, died after he was diagnosed with stage 4 colon cancer. His main symptom was a stomach ache.
Schlittler shines as Yankees take Subway Series opener
Cam Schlittler continued his Cy Young-caliber start while the Yankees got to former closer Clay Holmes.
Scientists discover tiny gut particles that may drive aging and chronic disease
A new study suggests microscopic particles from the gut may actively drive inflammation and chronic diseases associated with aging. Remarkably, gut particles from young animals appeared to counter some aging-related damage in older animals, hinting at new possibilities for future treatments.
Downtown Youngstown entertainment venues rebound financially
YOUNGSTOWN — The city-owned entertainment facilities started the year off strong with a $300,448 operating surplus during the first quarter — the fourth-best January-March in its history — rebounding from a $484,728 loss in 2025. “It’s a great start for the year,” said Eric Ryan, president of JAC Management Group, which operates the Covelli Centre, […]
'Is God Is': Two sisters seek out revenge
“Is God Is” opens in theaters May 15.
'Is God Is': Two sisters seek out revenge
“Is God Is” opens in theaters May 15.
Whole Hog Politics: Idiocracy alert
It is easy — indeed, too easy — to see the damage that the COVID-19 pandemic and lockdowns did to America’s young people. I say “too easy” because, as the most recent estimates from Stanford University’s Educational...
New documentary takes closer look at post-removal education
A new documentary from the Cherokee Nation explores the legacy and generational impact of post-removal seminaries established for young Cherokees in the mid-1800s.
How one rural health system is designing targeted AI pilots to ease care delivery pressures
Berkshire Health Systems CIO William Young says artificial intelligence must do more than impress people with new features. It has to save time, cut waste, and help a rural health system survive mounting financial and operational strain.
New Youngstown event series aims at promoting local entertainment, businesses
A new community event series, “YO Nights! Downtown Business Takeover,” is coming to the area this summer.
Germany Politics
A girl protests during German Chancellor Friedrich Merz's speech at a discussion with young people during a congress of the German Catholic people the "Deutscher Katholikentag" in Wuerzburg, Germany, Friday,
Germany Politics
German Chancellor Friedrich Merz, second right, attends a discussion with young people during a congress of the German Catholic people the "Deutscher Katholikentag" in Wuerzburg, Germany, Friday, May 15, 2026.
Germany Politics
German Chancellor Friedrich Merz, center, attends a discussion with young people during a congress of the German Catholic people the "Deutscher Katholikentag" in Wuerzburg, Germany, Friday, May 15, 2026. (AP
Germany Politics
German Chancellor Friedrich Merz, center, attends a discussion with young people during a congress of the German Catholic people the "Deutscher Katholikentag" in Wuerzburg, Germany, Friday, May 15, 2026. (AP
Top Singapore-based physicist moves to China after superconductor breakthrough
Prominent young professor becomes doctoral supervisor at leading Chinese research university amid high-level recruitment drive.
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