Former Prime Minister Tony Blair, left, with Labour's current leader and PM, Keir Starmer. PA
Former Prime Minister Tony Blair, left, with Labour's current leader and PM, Keir Starmer. PA
Former Prime Minister Tony Blair, left, with Labour's current leader and PM, Keir Starmer. PA
Former Prime Minister Tony Blair, left, with Labour's current leader and PM, Keir Starmer. PA

UK’s standing in the world has diminished, Tony Blair says in BBC interview


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Former British prime minister Tony Blair believes the country's standing in the world has diminished over the past decade and that Keir Starmer has come to power at a time of “anxiety” for the nation.

Mr Blair made the remark during a wide-ranging interview with the BBC scheduled to be broadcast on Wednesday night, which comes after Mr Starmer said “things will get worse before they get better”.

The BBC's Amol Rajan asked Mr Blair – the last Labour Party leader before Mr Starmer to win a general election – if he thought the new Prime Minister had a “mandate” to govern, or if his majority in this summer’s poll was due more to apathy with the Conservative Party.

“Yeah, I think he’s got a mandate, of course. I mean, I think what you’re saying, not in these words, is that the zeitgeist is different,” Mr Blair said.

The MPs in the new Labour cabinet – in pictures

  • Britain's new Prime Minister Keir Starmer delivers his first speech outside 10 Downing Street in London, Britain, 05 July 2024. EPA
    Britain's new Prime Minister Keir Starmer delivers his first speech outside 10 Downing Street in London, Britain, 05 July 2024. EPA
  • Angela Rayner is the Deputy Prime Minister and Secretary of State for Levelling Up, Housing and Communities. EPA
    Angela Rayner is the Deputy Prime Minister and Secretary of State for Levelling Up, Housing and Communities. EPA
  • Rachel Reeves is the Chancellor of the Exchequer. Getty Images
    Rachel Reeves is the Chancellor of the Exchequer. Getty Images
  • David Lammy is Secretary of State for Foreign, Commonwealth and Development Affairs. EPA
    David Lammy is Secretary of State for Foreign, Commonwealth and Development Affairs. EPA
  • John Healey is Secretary of State for Defence. Bloomberg
    John Healey is Secretary of State for Defence. Bloomberg
  • Pat McFadden is Chancellor of the Duchy of Lancaster. EPA
    Pat McFadden is Chancellor of the Duchy of Lancaster. EPA
  • Yvette Cooper is Home Secretary. EPA
    Yvette Cooper is Home Secretary. EPA
  • Shabana Mahmood is Lord Chancellor and Secretary of State for Justice. EPA
    Shabana Mahmood is Lord Chancellor and Secretary of State for Justice. EPA
  • Wes Streeting is Secretary of State for Health and Social Care. Reuters
    Wes Streeting is Secretary of State for Health and Social Care. Reuters
  • Bridget Phillipson is Secretary of State for Education. Getty Images
    Bridget Phillipson is Secretary of State for Education. Getty Images
  • Ed Miliband is Secretary of State for Energy Security and Net Zero. Getty Images
    Ed Miliband is Secretary of State for Energy Security and Net Zero. Getty Images
  • Liz Kendall is Work and Pensions Secretary. Reuters
    Liz Kendall is Work and Pensions Secretary. Reuters
  • Jonathan Reynolds is Business and Trade Secretary and the president of the Board of Trade. Getty Images
    Jonathan Reynolds is Business and Trade Secretary and the president of the Board of Trade. Getty Images
  • Peter Kyle is Secretary of State for Science, Innovation and Technology. Getty Images
    Peter Kyle is Secretary of State for Science, Innovation and Technology. Getty Images
  • Baroness Louise Haigh is Transport Secretary. Getty Images
    Baroness Louise Haigh is Transport Secretary. Getty Images
  • Lisa Nandy is Culture Secretary. EPA
    Lisa Nandy is Culture Secretary. EPA
  • Steve Reed is Environment, Food and Rural Affairs Secretary. Reuters
    Steve Reed is Environment, Food and Rural Affairs Secretary. Reuters
  • Hilary Benn is Northern Ireland Secretary. AFP
    Hilary Benn is Northern Ireland Secretary. AFP
  • Ian Murray is Scotland Secretary. EPA
    Ian Murray is Scotland Secretary. EPA
  • Jo Stevens is Secretary of State for Wales. EPA
    Jo Stevens is Secretary of State for Wales. EPA

He said there was a “pretty optimistic” spirit across the country when he came to power near the turn of the millennium, as he attempted to “lead the change” on racial and sex equality and devolution.

In contrast, he described the mood facing Mr Starmer's government in the UK today as “very different”. “I think it’s more anxious. But it’s still a zeitgeist,” he said. “And I think in the new government coming in and people wanting a sense of stability, wanting long-term problems solved and sorted out, you know … for sure there’s a mandate there.”

During the interview, Mr Blair was asked to describe Britain’s standing in the world compared with 20 years ago when he was prime minister.

Mr Blair said that his foreign policy was “based on three pillars”: being the US’s “strongest ally”, being a “key” player in Europe, and the now-scrapped Department for International Development.

“The truth of the matter is we are weaker on all three now. I mean, the Department of International Development is gone. Its budget’s been cut. We’re out of Europe, obviously. So we are no longer key players there,” he added.

“Are we America’s strongest ally? Well, that’s the question today. I mean, I think that our security and military still have a very, very close relationship, but politically, it's a lot more open to question.”

During the interview, Mr Blair was also asked about his views on immigration policy and extremism, and he claimed the Vladimir Putin he knew while serving as prime minister “would never have engaged in such a folly as Ukraine”.

Mr Starmer set a sober tone before Parliament’s return from the summer recess, in a speech in which he warned that the government’s coming Budget would be “painful” and asked the country to “accept short-term pain for long-term good”.

He also said there was a need to be “honest with people about the choices that we face”.

In a phrase which somewhat echoed the pop song Things Can Only Get Better by D: Ream, used by Mr Blair’s New Labour in their 1997 election campaign, Mr Starmer added: “How tough this will be and, frankly, things will get worse before they get better.”

Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

Monster

Directed by: Anthony Mandler

Starring: Kelvin Harrison Jr., John David Washington 

3/5

 

About Karol Nawrocki

• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.

• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.

• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.

• Met Donald Trump at the White House and received his backing.

ULTRA PROCESSED FOODS

- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns 

- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;

- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces

- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,

- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

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.”

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
The Bio

Amal likes watching Japanese animation movies and Manga - her favourite is The Ancient Magus Bride

She is the eldest of 11 children, and has four brothers and six sisters.

Her dream is to meet with all of her friends online from around the world who supported her work throughout the years

Her favourite meal is pizza and stuffed vine leaves

She ams to improve her English and learn Japanese, which many animated programmes originate in

UAE currency: the story behind the money in your pockets
Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

The 100 Best Novels in Translation
Boyd Tonkin, Galileo Press

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

TEAMS

US Team
Dustin Johnson, Jordan Spieth
Justin Thomas, Daniel Berger
Brooks Koepka, Rickie Fowler
Kevin Kisner, Patrick Reed
Matt Kuchar, Kevin Chappell
Charley Hoffman*, Phil Mickelson*

International Team
Hideki Matsuyama, Jason Day 
Adam Scott, Louis Oosthuizen
Marc Leishman, Charl Schwartzel
Branden Grace, Si Woo Kim
Jhonattan Vegas, Adam Hadwin
Emiliano Grillo*, Anirban Lahiri*

denotes captain's picks

 

 

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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.

Super Bowl LIII schedule

What Super Bowl LIII

Who is playing New England Patriots v Los Angeles Rams

Where Mercedes-Benz Stadium in Atlanta, United States

When Sunday (start time is 3.30am on Monday UAE time)

 

The specs: 2019 BMW X4

Price, base / as tested: Dh276,675 / Dh346,800

Engine: 3.0-litre turbocharged in-line six-cylinder

Transmission: Eight-speed automatic

Power: 354hp @ 5,500rpm

Torque: 500Nm @ 1,550rpm

Fuel economy, combined: 9.0L / 100km

Updated: September 04, 2024, 11:10 AM