Hoardings in the UK last week. Bloomberg
Hoardings in the UK last week. Bloomberg
Hoardings in the UK last week. Bloomberg
Hoardings in the UK last week. Bloomberg


Manchester is a thriving city even if it may never have a high-speed train line


  • English
  • Arabic

October 09, 2023

Leaders of Manchester spent last week complaining that their city had lost out on a Japanese-style high-speed train to London.

Perhaps the low point of the debate, triggered by British Prime Minister Rishi Sunak’s cost-cutting decision, was a TV guest suggesting that the line was no great loss, as its greatest value was to enable people to take a 90-minute trip for dinner in London. The guest was obviously not based in Manchester, and it was an unfair bit of London-centric taunting.

England’s third city is these days a place transformed. Every street seems to have a high-rise building project in progress. There is a strong local leadership capable of bringing its unique identity to the world. And the world, particularly its students, is coming to Manchester.

I won’t be patronising here and saying that Manchester doesn’t really need the £100 billion ($122.3bn) HS2 line, as the guest on TV tried to argue. But I will say that if you read headlines decrying the lack of vision in scrapping a once-in-a-generation public infrastructure investment, don’t let that imply that Manchester’s prosperity agenda has been knocked out for the count.

It would not be the first time that Manchester’s success has come in spite of the national government

Even a fleeting visit last week was enough to demonstrate the city as youthful, vibrant and building on its strengths.

Among those decrying the decision, alongside Greater Manchester mayor Andy Burnham, was a handful of former prime ministers. David Cameron took to X, formerly Twitter, to say the UK was heading in the wrong direction. Big infrastructure projects show countries on the rise, he said, calling the decision an opportunity lost.

Mr Burnham held a streetside news conference to make the same point. He lined up behind him representatives of industry, education and culture to show the breadth of feeling in the city. He could have added sport, life sciences, AI and advanced technology to the mix.

Alongside sport, these are the pillars of the city. While I do not doubt the depth of their dismay, I also can see their fundamental strengths are only affected, not diminished.

One of the aspects of co-ordinated growth of the type that Manchester has thrived from in recent decades is a multitude of analytical reports to breakdown what success looks like. Sport is the city’s passion whether blue or devilish red. It’s no surprise that the rise of Manchester City and the urban regeneration around its ground has been so instrumental in the success story.

One of the local authority’s brochures makes some points as to why the city has the heritage to be a leader in the field of AI.

A new accelerator for AI technology is named after the father of computing Alan Turing, who lectured in the city. Ernest Rutherford and the team that first split the atom in Manchester too. More recently, Andre Geim and Konstantin Novoselov fashioned the first layer of graphene.

Alongside one of the canals is the Manchester University sign that is paired with the UAE’s Masdar. The Abu Dhabi-based clean technology and renewable energy contributed £30 million to a graphene institute in 2014 and has seen its potential grow into the billions.

Thus, the Manchester City team is but one of the links with the UAE. The proposition has been described as a wrap-around interest in the northern metropolis. Development is anchored by the rise of the club and the partnerships in life sciences and advanced technology.

In the past decade, the economy of the city has grown by more than one third. It already has connectivity advantages with 7.2 million people living within one hour of the city centre.

Manchester has worked to create a structured relationship with China and India and that openness means that over 100,000 students attend its institutions. While the city’s politicians are broadly on the left, it feels like its traditions of free trade and international openness are more deeply entrenched here than most parts of the UK.

As the HS2 row was unfolding, certain Conservative politicians at its conference in Manchester were coming up with a new villain. The 15-minute city approach to urban living was being described as “sinister” by Transport Minister Mark Harper.

The concept is being likened to a form of creeping control over ordinary lives. Carlos Moreno, the man who coined the term, hit out at the attacks on his vision.

“Associating the ‘15-minute city’ again with so-called ‘liberty-restricting’ measures is tantamount to aligning with the most radical and anti-democratic elements,” he said in a statement. Mr Moreno has worked with Manchester on some of its neighbourhood designs.

It would not be the first time that Manchester’s success has come in spite of the national government not as a result of policies. The same is true of those other great cities Liverpool and Newcastle.

That is because they have something to offer the world that is valuable and dynamic. Even if their progress is not always honoured by their own homeland.

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

Sun jukebox

Rufus Thomas, Bear Cat (The Answer to Hound Dog) (1953)

This rip-off of Leiber/Stoller’s early rock stomper brought a lawsuit against Phillips and necessitated Presley’s premature sale to RCA.

Elvis Presley, Mystery Train (1955)

The B-side of Presley’s final single for Sun bops with a drummer-less groove.

Johnny Cash and the Tennessee Two, Folsom Prison Blues (1955)

Originally recorded for Sun, Cash’s signature tune was performed for inmates of the titular prison 13 years later.

Carl Perkins, Blue Suede Shoes (1956)

Within a month of Sun’s February release Elvis had his version out on RCA.

Roy Orbison, Ooby Dooby (1956)

An essential piece of irreverent juvenilia from Orbison.

Jerry Lee Lewis, Great Balls of Fire (1957)

Lee’s trademark anthem is one of the era’s best-remembered – and best-selling – songs.

A Prayer Before Dawn

Director: Jean-Stephane Sauvaire

Starring: Joe Cole, Somluck Kamsing, Panya Yimmumphai

Three stars

Past winners of the Abu Dhabi Grand Prix

2016 Lewis Hamilton (Mercedes-GP)

2015 Nico Rosberg (Mercedes-GP)

2014 Lewis Hamilton (Mercedes-GP)

2013 Sebastian Vettel (Red Bull Racing)

2012 Kimi Raikkonen (Lotus)

2011 Lewis Hamilton (McLaren)

2010 Sebastian Vettel (Red Bull Racing)

2009 Sebastian Vettel (Red Bull Racing)

 

War and the virus
Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Persuasion
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarrie%20Cracknell%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EDakota%20Johnson%2C%20Cosmo%20Jarvis%2C%20Richard%20E%20Grant%2C%20Henry%20Golding%20and%20Nikki%20Amuka-Bird%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%201.5%2F5%3C%2Fp%3E%0A

Profile Periscope Media

Founder: Smeetha Ghosh, one co-founder (anonymous)

Launch year: 2020

Employees: four – plans to add another 10 by July 2021

Financing stage: $250,000 bootstrap funding, approaching VC firms this year

Investors: Co-founders

AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Landfill in numbers

• Landfill gas is composed of 50 per cent methane

• Methane is 28 times more harmful than Co2 in terms of global warming

• 11 million total tonnes of waste are being generated annually in Abu Dhabi

• 18,000 tonnes per year of hazardous and medical waste is produced in Abu Dhabi emirate per year

• 20,000 litres of cooking oil produced in Abu Dhabi’s cafeterias and restaurants every day is thrown away

• 50 per cent of Abu Dhabi’s waste is from construction and demolition

RESULTS

Mumbai Indians 181-4 (20 ovs)
Kolkata Knight Riders 168-6 (20ovs)

Mumbai won by 13 runs

Rajasthan Royals 152-9 (20 ovs)
Kings XI Punjab 155-4 (18.4 ovs)

Kings XI Punjab won by 6 wickets

How to improve Arabic reading in early years

One 45-minute class per week in Standard Arabic is not sufficient

The goal should be for grade 1 and 2 students to become fluent readers

Subjects like technology, social studies, science can be taught in later grades

Grade 1 curricula should include oral instruction in Standard Arabic

First graders must regularly practice individual letters and combinations

Time should be slotted in class to read longer passages in early grades

Improve the appearance of textbooks

Revision of curriculum should be undertaken as per research findings

Conjugations of most common verb forms should be taught

Systematic learning of Standard Arabic grammar

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

Results

4pm: Al Bastakiya – Listed (TB) $150,000 (Dirt) 1,900m; Winner: Panadol, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer)

4.35pm: Dubai City Of Gold – Group 2 (TB) $228,000 (Turf) 2,410m; Winner: Walton Street, William Buick, Charlie Appleby

5.10pm: Mahab Al Shimaal – Group 3 (TB) $228,000 (D) 1,200m; Winner: Canvassed, Pat Dobbs, Doug Watson

5.45pm: Burj Nahaar – Group 3 (TB) $228,000 (D) 1,600m; Winner: Midnight Sands, Pat Dobbs, Doug Watson

6.20pm: Jebel Hatta – Group 1 (TB) $260,000 (T) 1,800m; Winner: Lord Glitters, Daniel Tudhope, David O’Meara

6.55pm: Al Maktoum Challenge Round-1 – Group 1 (TB) $390,000 (D) 2,000m; Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass

7.30pm: Nad Al Sheba – Group 3 (TB) $228,000 (T) 1,200m; Winner: Final Song, Frankie Dettori, Saeed bin Suroor

%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
Updated: October 10, 2023, 11:09 AM