Rishi Sunak made history as the UK's first British Asian Prime Minister but his future will be in the hands of British voters when they deliver their verdict at a July election.
Polls suggest Mr Sunak, 44, faces a huge uphill battle to keep his Conservative Party in power after years of political and economic turmoil in Britain.
With an image as a slick operator and safe pair of hands, Mr Sunak promised stability and a focus on bread-and-butter voter priorities after taking power in 2022.
In his 19 months in office he has staked his reputation on a pledges to lift Britain's economic mood, cut hospital waiting times and curb illegal immigration.
He called the election after making the greatest progress to date on any of those pledges when inflation fell to 2.3 per cent, its lowest level in three years.
In choosing July 4 – the earliest possible date for the election in the "second half of this year" he promised – he is gambling that better economic news will persuade voters to "stick to the plan".
He is also promising security at a time of rising extremism but his other pledges have yet to come off and he is weighed down by deep dissatisfaction with the Tories after 14 turbulent years in power.
Rishi Sunak through the years - in pictures
Family background
Born in England to a family of Indian descent, Mr Sunak is the UK's first Hindu and first British Asian leader – a landmark that won him cross-party congratulations.
At only 42, he also became Britain's youngest prime minister since Lord Liverpool in 1812.
Assuming power during Diwali in October 2022, he wore a garland of flowers to celebrate the Hindu festival of lights on his first full day in No 10 Downing Street.
While inspiring pride among some of Britain's ethnic minorities, Mr Sunak has also failed to shake off an image of wealth and privilege.
Educated in the prestigious classrooms of Winchester College and the University of Oxford, he and his wife Akshata Murty have an estimated $673 million (£528 million) fortune.
Ms Murty owns a stake in Infosys, a $64 billion Indian IT company co-founded by her billionaire father. The couple have two daughters.
A former investment banker with a fascination for tech and AI, Mr Sunak entered politics in 2015 when he was elected Conservative MP for Richmond, Yorkshire.
A supporter of Brexit, his rise in party ranks was rapid and he was a cabinet minister by 2019, when Boris Johnson made him a minister in the Treasury.
He became chancellor of the exchequer in February 2020 in a role that would massively raise his profile during the Covid-19 pandemic.
His £410 billion spending spree kept millions of people afloat during the dark days of lockdown and job furloughs.
While known for a media-savvy social media presence, he did not emerged unscathed from Covid-era scandal as he was fined over an illegal Downing Street birthday party.
The drumbeat of scandal would ultimately bring down the Johnson government, which collapsed after Mr Sunak resigned in July 2022.
Defeat and comeback
Mr Sunak lost the subsequent Conservative leadership election to right-wing rival Liz Truss, but he was given a second chance when her gung-ho economic agenda collapsed within 49 days.
Tory MPs desperate for stability rallied around Mr Sunak and he was crowned leader without a vote being cast – even though some never forgave him for his role in Mr Johnson's downfall.
After being appointed by King Charles III he stood on the steps of No 10 Downing Street promising to restore "stability and confidence".
There were early signs of the stability he promised as financial markets calmed and post-Brexit differences were patched up with France and the EU.
In January 2023 he made his five pledges to halve inflation, grow the economy, cut national debt, reduce hospital waiting lists and stop illegal immigration over the English Channel.
His campaign to "stop the boats" has been beset by delays although he finally claimed a win last month when a first illegal migrant voluntarily left for Rwanda under a controversial scheme.
Rishi Sunak's childhood landmarks - in pictures
The waiting lists drive was hit by a pay dispute with doctors while the economy has slipped back into recession, foiling another pledge.
Last year he angered climate campaigners by watering down some of Britain's net-zero pledges, saying he was putting the UK on a more realistic path.
Amid wars in the Middle East and Ukraine he has recently put a focus on security and promised to raise the UK's defence spending.
The sometimes ugly fallout from the Israel-Gaza war has also prompted an anti-extremism drive to tackle what Mr Sunak called a "poison" in British society.
While he has presided over an uneasy calm in relentless Tory warfare, an undercurrent of scandal has continued to plague the party under Mr Sunak's leadership.
An election win on July 4 would be one of Britain's biggest political upsets and require political skill that many feel Mr Sunak has lacked to date.
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
The Lowdown
Kesari
Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra
GULF MEN'S LEAGUE
Pool A Dubai Hurricanes, Bahrain, Dubai Exiles, Dubai Tigers 2
Pool B Abu Dhabi Harlequins, Jebel Ali Dragons, Dubai Knights Eagles, Dubai Tigers
Opening fixtures
Thursday, December 5
6.40pm, Pitch 8, Abu Dhabi Harlequins v Dubai Knights Eagles
7pm, Pitch 2, Jebel Ali Dragons v Dubai Tigers
7pm, Pitch 4, Dubai Hurricanes v Dubai Exiles
7pm, Pitch 5, Bahrain v Dubai Eagles 2
Recent winners
2018 Dubai Hurricanes
2017 Dubai Exiles
2016 Abu Dhabi Harlequins
2015 Abu Dhabi Harlequins
2014 Abu Dhabi Harlequins
BORDERLANDS
Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis
Director: Eli Roth
Rating: 0/5
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
What it means to be a conservationist
Who is Enric Sala?
Enric Sala is an expert on marine conservation and is currently the National Geographic Society's Explorer-in-Residence. His love of the sea started with his childhood in Spain, inspired by the example of the legendary diver Jacques Cousteau. He has been a university professor of Oceanography in the US, as well as working at the Spanish National Council for Scientific Research and is a member of the World Economic Forum’s Global Future Council on Biodiversity and the Bio-Economy. He has dedicated his life to protecting life in the oceans. Enric describes himself as a flexitarian who only eats meat occasionally.
What is biodiversity?
According to the United Nations Environment Programme, all life on earth – including in its forests and oceans – forms a “rich tapestry of interconnecting and interdependent forces”. Biodiversity on earth today is the product of four billion years of evolution and consists of many millions of distinct biological species. The term ‘biodiversity’ is relatively new, popularised since the 1980s and coinciding with an understanding of the growing threats to the natural world including habitat loss, pollution and climate change. The loss of biodiversity itself is dangerous because it contributes to clean, consistent water flows, food security, protection from floods and storms and a stable climate. The natural world can be an ally in combating global climate change but to do so it must be protected. Nations are working to achieve this, including setting targets to be reached by 2020 for the protection of the natural state of 17 per cent of the land and 10 per cent of the oceans. However, these are well short of what is needed, according to experts, with half the land needed to be in a natural state to help avert disaster.
Veere di Wedding
Dir: Shashanka Ghosh
Starring: Kareena Kapoo-Khan, Sonam Kapoor, Swara Bhaskar and Shikha Talsania
Verdict: 4 Stars
SERIE A FIXTURES
Saturday (All UAE kick-off times)
Cagliari v AC Milan (6pm)
Lazio v Napoli (9pm)
Inter Milan v Atalanta (11.45pm)
Sunday
Udinese v Sassuolo (3.30pm)
Sampdoria v Brescia (6pm)
Fiorentina v SPAL (6pm)
Torino v Bologna (6pm)
Verona v Genoa (9pm)
Roma V Juventus (11.45pm)
Parma v Lecce (11.45pm)
'Moonshot'
Director: Chris Winterbauer
Stars: Lana Condor and Cole Sprouse
Rating: 3/5
The Transfiguration
Director: Michael O’Shea
Starring: Eric Ruffin, Chloe Levine
Three stars
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
THE DEALS
Hamilton $60m x 2 = $120m
Vettel $45m x 2 = $90m
Ricciardo $35m x 2 = $70m
Verstappen $55m x 3 = $165m
Leclerc $20m x 2 = $40m
TOTAL $485m
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
UAE v IRELAND
All matches start at 10am, and will be played in Abu Dhabi
1st ODI, Friday, January 8
2nd ODI, Sunday, January 10
3rd ODI, Tuesday, January 12
4th ODI, Thursday, January 14
Company: Instabug
Founded: 2013
Based: Egypt, Cairo
Sector: IT
Employees: 100
Stage: Series A
Investors: Flat6Labs, Accel, Y Combinator and angel investors
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
LEAGUE CUP QUARTER-FINAL DRAW
Stoke City v Tottenham
Brentford v Newcastle United
Arsenal v Manchester City
Everton v Manchester United
All ties are to be played the week commencing December 21.
MATCH INFO
Chelsea 0
Liverpool 2 (Mane 50', 54')
Red card: Andreas Christensen (Chelsea)
Man of the match: Sadio Mane (Liverpool)
The Little Things
Directed by: John Lee Hancock
Starring: Denzel Washington, Rami Malek, Jared Leto
Four stars
ONCE UPON A TIME IN GAZA
Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi
Directors: Tarzan and Arab Nasser
Rating: 4.5/5