Latitude merges literature and music



If literature is the new rock'n'roll - witness Dan Brown's latest book getting the kind of advance hype a new U2 album might receive - then it needs its Glastonbury. One festival in a picturesque corner of eastern England is fast becoming just that: a place where, for a short period, authors feel like rock stars. Meanwhile, the crowd meanders around brightly coloured sheep, the Royal Opera House brings ballet to a stage on a lake and the Royal Shakespeare Company leads its charges on a spooky ghost trail. No surprise, then, that festival director Melvin Benn reckons Latitude is "unlike any other festival in the world".

As Latitude's director, he might be expected to say that, but for once the hyperbole is spot-on. Benn calls it a "festival of his life", and certainly it's more than just a music extravangza - the three days see the Pet Shop Boys, Grace Jones and Nick Cave headlining - with some literary events tacked on. The readings from Simon Armitage, Patrick Neate, Jonathan Coe and Blake Morrison, the talks from the likes of Vivienne Westwood and the pop artist Sir Peter Blake, the poetry performances and the theatre are all central to an experience which attracts as many young hipsters as it does bookworms to its venue in Southwold, Suffolk.

"Oh yes, it's absolutely key that literature and poetry are at the heart of the festival," says Benn. "Actually, when you come into the festival over our magical lake, you're not confronted with a giant music stage. The first things you encounter are the literature and poetry stages. That's how central I wanted them to be because that's how central they are to my life." And it really works. Robin Ince, who brings his Book Club to the festival each year, compares it to the Hay-On-Wye literary festival, but only in the sense that Latitude has taken the atmosphere there and moved it in a far more populist, and perhaps more irreverent, direction.

"There isn't an opportunity like this for authors," says the comedian, who has invited (among others) the science writer Ben Goldacre, the comedian Josie Long and the Dublin-based author Johnny Candon to bring both good and bad books to life. "They arrive thinking that people have come to see their favourite band and might catch five minutes of a reading when they're queuing to get some food, but what they don't realise is that there is this great appetite to see someone lark about on stage, to see something that might make them think rather than stand and watch five blokes play guitars. It's fantastic in that way - it's absolutely not the case that the music sucks all the crowds away from the more cerebral stuff.

"In any case, that's not how people consume their culture anymore," adds Benn. "Life isn't all about the music in exclusion to everything else. Our interests are not that singular. So film, theatre, television, literature, poetry, art, comedy... these are all things that people enjoy across the board and they're things you end up developing a similar love for. When I realised that, yes, we could cater for all this in a festival, I knew I had to do it."

What's interesting is that Benn isn't from a literary background. His career has been all about putting on rock festivals such as Reading and assisting Michael Eavis with Glastonbury. Latitude is something different, a festival of ideas, and Benn is quite clear on why it has been such a success. Latitude, it transpires, was chosen as a name because he feels artists and the audience have a certain latitude to do as they wish. It's the chance, he thinks, to check out of the grind of daily life and give yourself the space to think. "If one thinks of non-Western cultures and often how stories are passed on, it is through storytelling, through the spoken word. Of course it's existed for centuries, but in the western world we've lost that," he says.

So is Benn really suggesting that Latitude can change all that? "I wouldn't be so presumptuous," he laughs. "But it is true that when you're very little, your parents, grandparents, teachers and babysitters all have one thing in common. They read to you. And it's a gorgeous thing, isn't it? Then, when you're young and in love, perhaps again someone will read something to you and you adore them for that. It's one of life's wonders to be able to sit and have a story told to you. And I can tell this isn't just what I think - not only by the numbers of important authors who want to come and read at Latitude, but by the sheer popularity of the stages. I'm really proud of that aspect of it."

One of those storytellers will be William Fiennes, who liked performing at Latitude so much he came back as an attendee just to experience "a really special, unique atmosphere". He had no book to promote, no slot to perform in. He just bought a ticket and enjoyed the acts in the same way as anyone else. "It is odd. You do feel just a little like what it must feel to be a frontman in an indie band with a fair following," he laughs. "Even when you're reading from a memoir which tracks the migration of snow geese..."

If Fiennes is likely to show up and read from his new book, The Music Room, this weekend, Ince represents another way of doing things. Thanks to the camaraderie and atmosphere at the festival, he can grab an author five minutes before he is due to start his Book Club and ask them to do something totally experimental. "You don't often get that opportunity," he admits. "For example, we've got the singer-songwriter Robyn Hitchcock this year. He asked me what I did and how it would work, and I told him about a time recently when I was reading a book about giant crab attacks over the top of an orchestral backing. So now we're going to try and write a musical of that together, live on stage."

Surely such wild experimentation also has the potential to be toe-curlingly embarrassing - even self-indulgent? "I don't think so," he says. "It's all about getting idiosyncratic, compelling people who aren't worried about the possibility of it all falling in on itself. It creates a relaxed atmosphere I think, when people aren't being all starry, and the audience feeds off that. In fact, they positively like it when things don't go perfectly."

So at Latitude, the comedian Ross Noble can lead everyone from the comedy tent on a 3,000 strong conga around the festival to a vegan food stall, where they will all shout "sausage rolls", and what appear to be flesh-eating zombies can emerge from the woods to gather at the theatre arena. What is so encouraging is that although it would seem to be very much of its place, in a beautiful country park in Suffolk, Benn actually believes that, with care, this atmosphere can be reproduced elsewhere - perhaps even in the UAE.

"Yes, that part of the world is somewhere I'd quite like to take Latitude, and I've actually been in discussions with a few people," he reveals. "It's finding the right place that is important now." How does he think a Latitude in, say, Abu Dhabi would work? "Well, I must stress that it is early days. Still, not only is there a big expat community but the cultural influences and interests could reshape a Latitude that really works for there."

However far off Benn's dream for an international Latitude might be, and even if it were to be on a far smaller scale than the 25,000 people who will flock to East Anglia this weekend, you sense the aims will be the same: to attract the kinds of people who would not go to a festival under normal circumstances, but could be enticed by something a little different. Reaching the demographic that enjoys the Edinburgh Festival but under normal circumstances wouldn't dream of swapping its hotels for tents, essentially (at Latitude, there's luxury camping already set up if pitching tents is too much effort).

As for this weekend, Benn is almost giddy with excitement about Thom Yorke from Radiohead's first ever solo performance, saying: "He's this icon of what music can be. For him to say that he'd come and perform is almost like being knighted." This kind of enthusiasm sums up both Benn and Latitude - especially the fact that he is just as effusive about the arrival of the former poet laureate Andrew Motion.

"I'm so keen to listen to him. I don't know whether the poet laureate actually does this, but in my mind he reads poems to the Queen," he says. "Now he has retired from doing that and, instead, will read them to the masses. I think that's rather nice, don't you?" Benn's vigour is infectious - although, whether you'd describe Ince's best Latitude memory as "nice" is another matter. "I persuaded the British actor Ian Hart and the Spider-Man star James Franco to remain on stage as 100 people sung songs about maggots with them," Ince says with a laugh. "Meanwhile, this Byronic electro-pop creation Gary Le Strange provided the backing. It was at that point that Franco realised that Latitude, and England, was a little odd."

As the gorgeous flowery plastic cups at Latitude proclaim, it is "More than just a music festival". "Glastonbury has its comedy and cabaret stages, and Hay-On-Wye even has music now. Most festivals try to diversify. But really, we don't. All these great things are all genuinely as important as each other. You can have whatever festival you want here, which was the initial inspiration and something we've achieved. It's a great satisfaction to me," says Benn.

Latitude runs from tomorrow to Sunday 19 July. www.latitude festival.co.uk.

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Company%20Profile
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Other key dates
  • Finals draw: December 2
  • Finals (including semi-finals and third-placed game): June 5–9, 2019
  • Euro 2020 play-off draw: November 22, 2019
  • Euro 2020 play-offs: March 26–31, 2020
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
COMPANY%20PROFILE
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'The Sky is Everywhere'

Director:Josephine Decker

Stars:Grace Kaufman, Pico Alexander, Jacques Colimon

Rating:2/5

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

How much sugar is in chocolate Easter eggs?
  • The 169g Crunchie egg has 15.9g of sugar per 25g serving, working out at around 107g of sugar per egg
  • The 190g Maltesers Teasers egg contains 58g of sugar per 100g for the egg and 19.6g of sugar in each of the two Teasers bars that come with it
  • The 188g Smarties egg has 113g of sugar per egg and 22.8g in the tube of Smarties it contains
  • The Milky Bar white chocolate Egg Hunt Pack contains eight eggs at 7.7g of sugar per egg
  • The Cadbury Creme Egg contains 26g of sugar per 40g egg
Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

Kanye%20West
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The nine articles of the 50-Year Charter

1. Dubai silk road

2.  A geo-economic map for Dubai

3. First virtual commercial city

4. A central education file for every citizen

5. A doctor to every citizen

6. Free economic and creative zones in universities

7. Self-sufficiency in Dubai homes

8. Co-operative companies in various sectors

­9: Annual growth in philanthropy

TYPES%20OF%20ONLINE%20GIG%20WORK
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How much of your income do you need to save?

The more you save, the sooner you can retire. Tuan Phan, a board member of SimplyFI.com, says if you save just 5 per cent of your salary, you can expect to work for another 66 years before you are able to retire without too large a drop in income.

In other words, you will not save enough to retire comfortably. If you save 15 per cent, you can forward to another 43 working years. Up that to 40 per cent of your income, and your remaining working life drops to just 22 years. (see table)

Obviously, this is only a rough guide. How much you save will depend on variables, not least your salary and how much you already have in your pension pot. But it shows what you need to do to achieve financial independence.

 

CONFIRMED%20LINE-UP
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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

History's medical milestones

1799 - First small pox vaccine administered

1846 - First public demonstration of anaesthesia in surgery

1861 - Louis Pasteur published his germ theory which proved that bacteria caused diseases

1895 - Discovery of x-rays

1923 - Heart valve surgery performed successfully for first time

1928 - Alexander Fleming discovers penicillin

1953 - Structure of DNA discovered

1952 - First organ transplant - a kidney - takes place 

1954 - Clinical trials of birth control pill

1979 - MRI, or magnetic resonance imaging, scanned used to diagnose illness and injury.

1998 - The first adult live-donor liver transplant is carried out

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

SHAITTAN
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