Energy bills will fall by £117 for millions of households in Britain from April
Posted on Wednesday February 25, 2026

Ofgem cap drops by 7% to £1,641 a year for consumers’ average gas and electricity costsAnnual energy bills will fall by £117 for millions of households from April after Rachel Reeves’s plan to cut £150 a year from bills was partly foiled by rising costs.The energy regulator Ofgem’s quarterly cap will drop by 7% for the three months from April to £1,641 a year for the average combined gas and electricity bill in Great Britain for those paying by direct debit, from £1,758 under the current January-March cap. Continue reading...

Read more...

France’s Engie strikes deal to buy UK Power Networks for £10.5bn
Posted on Wednesday February 25, 2026

French utility to acquire owner of electricity cables and power lines across London, south-east and east of EnglandA French utility has agreed to buy the owner of the electricity cables and power lines across London, the south-east and the east of England in a deal worth £10.5bn.Paris-headquartered Engie said on Wednesday that it had struck a deal to buy UK Power Networks (UKPN) in a “major milestone” for the company’s ambition to become the “best energy transition utility”. Continue reading...

Read more...

John Lewis scraps £500m deal to build 1,000 rental homes
Posted on Wednesday February 25, 2026

Retailer said ‘fundamental shift in economic conditions’ made it hard for financial partner Aberdeen to raise fundsThe John Lewis Partnership is pulling out of a £500m deal to build almost 1,000 residential rental homes for rent in Bromley, Reading and West Ealing amid a “cautious property market”.The retailer, which owns Waitrose supermarkets and John Lewis department stores, blamed a “fundamental shift in the economic conditions”, which it said had made it difficult for its financial partner, Aberdeen, to raise funds for the venture, first launched in 2020. Continue reading...

Read more...

Facial recognition error prompts police to arrest Asian man for burglary 100 miles away
Posted on Wednesday February 25, 2026

Exclusive: Alvi Choudhury claiming damages against Thames Valley police after biased technology confused him with man looking ‘10 years younger’Police arrested a man for a burglary in a city he had never visited after face scanning software deployed across the UK confused him with another person of south Asian heritage.Alvi Choudhury, 26, a software engineer, was working at the home he shares with his parents in Southampton in January when police knocked on his door, handcuffed him and held him in custody for nearly 10 hours before releasing him at 2am. Continue reading...

Read more...

Tech legend Stewart Brand on Musk, Bezos and his extraordinary life: ‘We don’t need to passively accept our fate’
Posted on Wednesday February 25, 2026

He was at the heart of 1960s counterculture, then paved the way for the libertarian mindset of Silicon Valley. At 87, Brand is still keen to ensure the world is maintained properly – not just today, but for the next 10,000 yearsStewart Brand thinks big and long. He thinks on a planetary scale – as suggested by the title of his celebrated Whole Earth Catalog – and on the longest of timeframes, as with his Long Now Foundation, which looks forward to the next 10,000 years of human civilisation. He has had a lifelong fascination with the future, and anything that could get us there faster, from space travel to psychedelic drugs to computing. In fact, he was arguably the bridge between the San Francisco counterculture of the 60s and present-day Silicon Valley: in his commencement speech at Stanford University in 2005, Steve Jobs eulogised the Whole Earth Catalog and Brand’s philosophy, and echoed its farewell mantra: “Stay hungry. Stay foolish.”You could say that Brand has also lived big and long. He is now 87 years old, in the final chapters of an eventful and adventurous life that has crossed paths with some of the most consequential events and figures of his era. He has been a writer, an editor, a publisher, a soldier, a photojournalist, an LSD evangelist, an events organiser, a future-planning consultant, even a government adviser (to the California governor Jerry Brown in the late 70s). “There was a time when people asked me, ‘What do you do?’ I said, ‘I find things and I found things,’” says Brand, as in he is a founder. He is speaking from a library where he likes to work in Petaluma, California, not far from his houseboat in Sausalito. “I’m always searching for good stuff to recommend, and good people.” Continue reading...

Read more...

English cricket’s hunger for Indian money has led it into a moral and legal minefield | Barney Ronay
Posted on Wednesday February 25, 2026

Potential exclusion of Pakistan players in the Hundred could breach UK laws on discrimination and leave the ECB exposedThe thing about inviting a tiger round for tea is, for all the excitement, the fur, the teeth, the muscles, they do tend to walk off with your dinner and drink all the water in the taps. The thing about saying yes to the person with the biggest stick is, in the end, you don’t get to say yes, or no, or anything at all. And that person still has a very big stick.The thing about closing your eyes and just taking the money is: money passes only in exchange for something of value, and full payment will be taken. Welcome to English cricket in full blind, groping crisis mode, and the first small tremor of what lies in store whatever happens in the next few weeks. Continue reading...

Read more...

Vinícius has last word as Real Madrid wrap up victory over Benfica
Posted on Wednesday February 25, 2026

Vinícius Júnior ran to the corner and danced again, just as he had done in Lisbon a week ago, but this time all around him there was celebration. There was also relief. With 10 minutes left on a nervous night at the Santiago Bernabéu, he had been set free to put the ball past Anatoliy Trubin and Real Madrid into the last 16 of the Champions League.Victory was his, 2-1 here, 3-1 on aggregate and well beyond that too, so he set off and shook his hips before the flag the same way he had eight days earlier, fans released from their fears, applauding, a point proved and passage secured. “I’m happy for him: he deserved it,” the Real head coach, Álvaro Arbeloa, said. Continue reading...

Read more...