British Prime Minister Boris Johnson addresses parliament on the Commonwealth Heads of Government meeting, G7 and NATO summits, at the House of Commons in London, Britain July 4. UK Parliament/ Reuters
British Prime Minister Boris Johnson addresses parliament on the Commonwealth Heads of Government meeting, G7 and NATO summits, at the House of Commons in London, Britain July 4. UK Parliament/ Reuters
British Prime Minister Boris Johnson addresses parliament on the Commonwealth Heads of Government meeting, G7 and NATO summits, at the House of Commons in London, Britain July 4. UK Parliament/ Reuters
British Prime Minister Boris Johnson addresses parliament on the Commonwealth Heads of Government meeting, G7 and NATO summits, at the House of Commons in London, Britain July 4. UK Parliament/ Reuter


Even before Sunak and Javid, the Tory press had turned against Boris Johnson


  • English
  • Arabic

July 06, 2022

“How did you go bankrupt?” a character asks in Ernest Hemingway’s novel The Sun Also Rises. The other character replies: “Two ways. Gradually, then suddenly.” Something similar is happening in British politics. Although the bankruptcy is moral and political, it has been gradual. And now it may become sudden.

The British Conservative party historically gets rid of leaders very quickly if they lose the party’s confidence. Margaret Thatcher and William Hague, both talented figures, are obvious examples. British Prime Minister Boris Johnson, however, hangs on despite successive scandals and failures to deliver. But some see signs that “suddenly” things may change. The former British tabloid editor David Yelland, whose political antennae are well-tuned, noticed a turning point. The Daily Mail newspaper titles, as Yelland put it, "suddenly turned on Johnson". That may be because even Conservative-supporting newspapers have had enough of Westminster sleaze in a UK beset by plenty of bad news. It’s everywhere.

Last week, I flew on a work visit from London to Belfast and unfortunately, London City airport was like a zoo, with exceptionally long queues at check-in and security. Since the coronavirus crisis, many lower-paid airport workers have quit. There are unfilled vacancies for security and other staff. Worker shortages are made worse by Brexit, which has hit transport, meat processors, building companies, farmers, the hospitality industry and others.

This is not just more bureaucracy. It’s also because post-Brexit, the UK economy is weaker and so is the pound. That means Romanian, Polish and other EU workers can make more money in the eurozone than in the UK. At the last minute, my return flight from Belfast to London was cancelled along with many other flights to overwhelmed UK airports.

When I tried to re-book any flight back to any London airport, the call centre staff were clearly overwhelmed. British airport chaos is not their fault. But that chaos is mirrored by serious discontent all across British businesses, professions and the economy.

In a nation grappling with feel-bad experiences, it is unhelpful to have a government embroiled in a new scandal every week

On a railway journey in Kent, a train guard explained to me that he lost hundreds of pounds in wages because he was part of a three-day rail strike last month. Why did he strike? Because, he responded, he and his fellow workers see prices going up 10 per cent.

After years of low pay and declining living standards, they need, he said, a substantial pay rise. Strike action has also hit English courts and other institutions. Criminal barristers, the lawyers who defend people on criminal charges, refused to go to work and picketed the courts. Family doctors, members of the British Medical Association, say their incomes have fallen in real terms over the past 14 years. They want a 30 per cent rise over the next five years as “full pay restoration”.

Criminal defence barristers gather outside the Royal Courts of Justice in London to support the ongoing Criminal Bar Association action over government set fees for legal aid advocacy work, on July 4. PA Wire
Criminal defence barristers gather outside the Royal Courts of Justice in London to support the ongoing Criminal Bar Association action over government set fees for legal aid advocacy work, on July 4. PA Wire

Other healthcare workers including the Royal College of Nursing are also demanding pay increases. Some teaching unions are threatening industrial action. And all this adds up to the possibility of an autumn and winter of significant discontent and economic dislocation.

Of course, the Russian invasion of Ukraine, the increase in fuel prices to £2 (about $2.50) a litre, and the coronavirus epidemic are not the fault of any British government or prime minister. But in a nation grappling with feel-bad experiences, it is very unhelpful to have a government embroiled in a new scandal every week.

The latest (at the time of writing) involves a Conservative government minister accused of drunkenly “groping” other men. Then there is another strange revelation about Mr Johnson a few years ago as foreign secretary. He tried to get Carrie, then his mistress and now his wife, a £100,000-a-year government job. Mr Johnson failed, but he certainly tried. Meanwhile outside politics, six English police forces, including the biggest, London’s Metropolitan Police, are in various ways in special measures as a result of their own failures and scandals.

These are not, in general, stories of lawbreaking. They are stories of falling standards in British public life. We expect better. Opinion polls suggest many of us are genuinely appalled by devious behaviour at the top of British politics. The sense is that of a great country that is losing, or perhaps has already lost, its way, and a prime minister who once may have seemed entertaining but now is merely embarrassing.

Perhaps, like Hemingway’s bankrupt character, the political bankruptcy that has gradually been building will suddenly bring about change. It has already begun with the resignation of two key ministers, the Chancellor of the Exchequer Rishi Sunak and the Health Secretary Sajid Javid, plus a number of more junior figures. And perhaps summer sunshine and summer holidays will improve the national mood. But that will not help those of us stuck in airports, or who cannot get a doctor’s appointment, or those whose children are being taught by overworked underpaid and grumpy teachers.

Real change requires effective and trusted leadership. That’s what is missing.

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

COMPANY%20PROFILE
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THE BIO: Martin Van Almsick

Hometown: Cologne, Germany

Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)

Favourite dessert: Umm Ali with dark camel milk chocolate flakes

Favourite hobby: Football

Breakfast routine: a tall glass of camel milk

Empty Words

By Mario Levrero  

(Coffee House Press)
 

W.
Wael Kfoury
(Rotana)

Ticket prices

General admission Dh295 (under-three free)

Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free

Buy tickets at: wbworldabudhabi.com/en/tickets

Company%20profile%20
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EYodawy%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Egypt%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EKarim%20Khashaba%2C%20Sherief%20El-Feky%20and%20Yasser%20AbdelGawad%3Cstrong%3E%3Cbr%3ESector%3A%20%3C%2Fstrong%3EHealthTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3E%2424.5%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAlgebra%20Ventures%2C%20Global%20Ventures%2C%20MEVP%20and%20Delivery%20Hero%20Ventures%2C%20among%20others%3Cstrong%3E%3Cbr%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20500%3Cbr%3E%3C%2Fp%3E%0A
Apple%20Mac%20through%20the%20years
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The%20specs%20
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Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Mental%20health%20support%20in%20the%20UAE
%3Cp%3E%E2%97%8F%20Estijaba%20helpline%3A%208001717%3Cbr%3E%E2%97%8F%20UAE%20Ministry%20of%20Health%20and%20Prevention%20hotline%3A%20045192519%3Cbr%3E%E2%97%8F%20UAE%20Mental%20health%20support%20line%3A%20800%204673%20(Hope)%3Cbr%3EMore%20information%20at%20hope.hw.gov.ae%3C%2Fp%3E%0A
Company%20profile
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How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
Mobile phone packages comparison
Five expert hiking tips
    Always check the weather forecast before setting off Make sure you have plenty of water Set off early to avoid sudden weather changes in the afternoon Wear appropriate clothing and footwear Take your litter home with you
RESULTS

Main card

Bantamweight 56.4kg: Mehdi Eljamari (MAR) beat Abrorbek Madiminbekov (UZB), Split points decision

Super heavyweight 94 kg: Adnan Mohammad (IRN) beat Mohammed Ajaraam (MAR), Split points decision

Lightweight 60kg:  Zakaria Eljamari (UAE) beat Faridoon Alik Zai (AFG), RSC round 3

Light heavyweight 81.4kg: Taha Marrouni (MAR) beat Mahmood Amin (EGY), Unanimous points decision

Light welterweight 64.5kg: Siyovush Gulmamadov (TJK) beat Nouredine Samir (UAE), Unanimous points decision

Light heavyweight 81.4kg:  Ilyass Habibali (UAE) beat Haroun Baka (ALG), KO second round

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

Company profile

Company name: Dharma

Date started: 2018

Founders: Charaf El Mansouri, Nisma Benani, Leah Howe

Based: Abu Dhabi

Sector: TravelTech

Funding stage: Pre-series A 

Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

DUBAI CARNIVAL RESULTS

6.30pm Handicap US$135,000 (Turf) 2,410m

Winner Dubai Future, Harry Bentley (jockey), Saeed bin Suroor (trainer).

7.05pm UAE 1000 Guineas Listed $250,000 (Dirt) 1,600m

Winner Dubai Love, Patrick Cosgrave, Saeed bin Suroor.

7.40pm Dubai Dash Listed $175,000 (T) 1,000m

Winner: Equilateral, James Doyle, Charles Hills.

8.15pm Al Bastakiya Trial Conditions $100,000 (D) 1.900m

Winner Laser Show, Kevin Stott, Saeed bin Suroor.

8.50pm Al Fahidi Fort Group Two $250,000 (T) 1,400m

Winner Glorious Journey, James Doyle, Charlie Appleby.

9.25pm Handicap $135,000 (D) 2,000m

Winner George Villiers, Tadhg O’Shea, Satish Seemar.

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

BRAZIL%20SQUAD
%3Cp%3EGoalkeepers%3A%20Alisson%2C%20Ederson%2C%20Weverton%3Cbr%3E%3Cbr%3EDefenders%3A%20Dani%20Alves%2C%20Marquinhos%2C%20Thiago%20Silva%2C%20Eder%20Militao%20%2C%20Danilo%2C%20Alex%20Sandro%2C%20Alex%20Telles%2C%20Bremer.%3Cbr%3E%3Cbr%3EMidfielders%3A%20Casemiro%2C%20Fred%2C%20Fabinho%2C%20Bruno%20Guimaraes%2C%20Lucas%20Paqueta%2C%20Everton%20Ribeiro.%3Cbr%3E%3Cbr%3EForwards%3A%20Neymar%2C%20Vinicius%20Junior%2C%20Richarlison%2C%20Raphinha%2C%20Antony%2C%20Gabriel%20Jesus%2C%20Gabriel%20Martinelli%2C%20Pedro%2C%20Rodrygo%3C%2Fp%3E%0A
How green is the expo nursery?

Some 400,000 shrubs and 13,000 trees in the on-site nursery

An additional 450,000 shrubs and 4,000 trees to be delivered in the months leading up to the expo

Ghaf, date palm, acacia arabica, acacia tortilis, vitex or sage, techoma and the salvadora are just some heat tolerant native plants in the nursery

Approximately 340 species of shrubs and trees selected for diverse landscape

The nursery team works exclusively with organic fertilisers and pesticides

All shrubs and trees supplied by Dubai Municipality

Most sourced from farms, nurseries across the country

Plants and trees are re-potted when they arrive at nursery to give them room to grow

Some mature trees are in open areas or planted within the expo site

Green waste is recycled as compost

Treated sewage effluent supplied by Dubai Municipality is used to meet the majority of the nursery’s irrigation needs

Construction workforce peaked at 40,000 workers

About 65,000 people have signed up to volunteer

Main themes of expo is  ‘Connecting Minds, Creating the Future’ and three subthemes of opportunity, mobility and sustainability.

Expo 2020 Dubai to open in October 2020 and run for six months

Updated: July 06, 2022, 8:00 AM