Prime Minister Rishi Sunak subtly hints at election timing amid a backdrop of eager journalists, capturing a moment of political suspense at the heart of British governance. PA
Prime Minister Rishi Sunak subtly hints at election timing amid a backdrop of eager journalists, capturing a moment of political suspense at the heart of British governance. PA
Prime Minister Rishi Sunak subtly hints at election timing amid a backdrop of eager journalists, capturing a moment of political suspense at the heart of British governance. PA
Chris Blackhurst is a former editor of The Independent, based in London
December 26, 2023
He liked his little joke, did Rishi Sunak. Knowing they were desperate for the date of the next general election the Prime Minister told the assembled journalists at a press conference that it would be, wait for it … in 2024.
Of course, he never would tell them the exact day, just like that. Still, he enjoyed seeing their crestfallen faces.
While the media was disappointed, it was news, nevertheless. We now know the UK general election will not be in January 2025, the final date by which Mr Sunak is required to go to the country.
Appealing to him as it is, to remain in power for absolutely as long as possible, January would entail campaigning over Christmas and New Year, at a period when the British weather is usually grim and daylight hours short.
Some time next year, it is then. The favourite slot is the autumn, after the annual party conference. The theory is that Mr Sunak will send the activists on their way with a rousing speech, one which will reference lasting reforms to gambling, smoking, education. Migration will be in check, the economy will be growing, taxes lower, British pride will be restored.
It is his intention that this expounding of “Sunakism” will act as a springboard to victory. Or, at least if he loses, it will form his legacy.
In order for his policies to have a chance and to take hold, therefore, he requires time – hence holding a national ballot towards the end of the year.
There is another argument, that says Mr Sunak could go to the country earlier. By waiting, more people will be caught paying higher mortgages. Interest rates will still be raised as next year inflation proves stubborn to dislodge. As mortgage-holders come off fixed-rate loans, they will be hit with increased borrowing payments. Hundreds of thousands will be snared, many of them homeowning natural Tory supporters.
Mr Sunak, so this claim goes, should alight on an early date, in April or May. But in May, there are the local elections that could prove embarrassing for the Tories. One suggestion, canvassed at Westminster, is that the general and local polls are held on the same day.
In any event, whichever day Mr Sunak opts for, will not make much difference: The result is likely to be the same. If the opinion polls are correct, Keir Starmer will become UK Prime Minister in 2024.
Rishi Sunak has been British Prime Minister for one year. Here The National looks back at his time in No 10 Downing Street. Getty Images
Mr Sunak after being announced as winner of the Conservative Party leadership contest on October 24. Getty Images
King Charles III welcomes Mr Sunak to Buckingham Palace where he invited him to become Prime Minister. Getty Images
The new Prime Minister makes a speech outside No 10. Getty Images
Mr Sunak arrives at No 10 for the first time as Prime Minister. Photo: Simon Walker/ No 10 Downing Street
Mr Sunak holds his first cabinet meeting. Getty Images
Mr Sunak hosts a reception to celebrate Diwali at No 10. Photo: Simon Walker / No 10 Downing Street
A visit to Croydon University Hospital, south London. Getty Images
Mr Sunak and his wife Akshata Murty with Nova, their pet Labrador. Photo: Simon Walker / No 10 Downing Street
The Prime Minister with Chancellor Jeremy Hunt in the Cabinet Room at No 10. Photo: Simon Walker / No 10 Downing Street
King Charles, Mr Sunak, fashion designer Stella McCartney and US climate envoy John Kerry at Buckingham Palace before Cop27. Getty Images
French President Emmanuel Macron and Mr Sunak at Cop27 in Sharm El Sheikh, Egypt. Getty Images
Mr Sunak during a call to Ukraine President Volodymyr Zelenskyy from his office. Photo: Simon Dawson / No 10 Downing Street
On Remembrance Sunday at the Cenotaph in London. Photo: Simon Walker / No 10 Downing Street
Mr Sunak with journalists on a flight to Bali for the G20 summit. Photo: Simon Walker / No 10 Downing Street
With Saudi Arabia's Crown Prince Mohammed bin Salman during a meeting at the G20 in Nusa Dua, Indonesia. Getty Images
Mr Sunak with US President Joe Biden at the G20 summit. Getty Images
Mr Sunak and Ukrainian President Volodymyr Zelenskyy. Getty Images
Mr Sunak meets rescue teams during his visit to Ukraine. Photo: No 10 Downing Street
Mr Sunak and his wife outside No 10 as the Christmas lights are turned on. Getty Images
With youth footballers from Wales and England to watch the World Cup match between the two nations. Photo: Simon Walker / No 10 Downing Street
Reading congratulations cards from members of the public after being appointed. Photo: Simon Dawson / No 10 Downing Street
At RAF Coningsby in Lincolnshire after the announcement that Britain will develop next-generation fighter jets with Italy and Japan. Getty Images
Mr Sunak and Estonian Prime Minister Kaja Kallas on a plane to Tallinn. Getty Images
The Prime Minister with troops at the Tapa military base, Estonia. Getty Images
The photo on Mr Sunak's official Christmas card. Photo: Simon Walker / No 10 Downing Street
Serving breakfast on a visit to The Passage homeless shelter in London just before Christmas. Photo: Simon Dawson / No 10 Downing Street
Making his first major domestic speech of the year. Getty Images
Toasting marshmallows on a visit to the Sea Scouts community group in Muirtown near Inverness. Getty Images
A Q&A session at The Platform in Morecambe, Lancashire, after a community visit to the Eden Project North. Getty Images
Mr Sunak and Mr Hunt at Accrington Market Hall with local MP Sara Britcliffe to announce projects under the levelling-up fund. Getty Images
Mr Sunak and Mr Zelenskyy meet Ukrainian troops being trained to command Challenger 2 tanks at a military facility in Lulworth, Dorset. Getty Images
With EU Commission President Ursula von der Leyen at a press conference at Windsor Guildhall. Getty Images
Speaking at a press conference following the launch of new legislation on migrant channel crossings at Downing Street. Getty Images
Mr Biden meets Mr Sunak during the 25th anniversary commemorations of the "Good Friday Agreement" in Belfast, Northern Ireland. Getty Images
Mr Sunak holds a plate of sandwiches for US First Lady Jill Biden at Downing Street to celebrate King Charles' coronation. Getty Images
Mr Sunak and his wife Mrs Murty ahead of the G7 Summit, in Hiroshima, Japan. Getty Images
Mr Sunak with Japanese Prime Minister Fumio Kishida during their bilateral meeting in Hiroshima ahead of the G7 Summit. Getty Images
Mr Sunak and Mr Zelenskyy look out towards trees planted by Winston Churchill as they walk in the garden at Chequers. Getty Images
Mr Sunak onboard Border Agency cutter HMC Seeker during a visit to Dover. Getty Images
Mr Sunak cheers during the Ashes Test match between England and Australia at Lord's Cricket Ground. Getty Images
In a Special Branch police vehicle used to transport former Prime Minister, Margaret Thatcher, in Bexley. Getty Images
Mr Sunak and his wife Mrs Murty offer prayers as they visit the Akshardham Hindu Temple in New Delhi, India. Getty Images
Mr Sunak meets the Prime Minister of Israel Benjamin Netanyahu. No 10 Downing Street
It has been quite an ascent for Mr Starmer; he has had to work hard at winning popular approval. Even now, substantially ahead in the ratings, he does not attract widespread acclaim – not like Tony Blair did, in 1997.
Back then, the nation was ready and willing for change. The charismatic, youthful Mr Blair was its chosen vehicle. The country wants a similar shift again, but the public have not warmed to Mr Starmer, same as they did to Mr Blair.
Latterly, though, the very traits that held Mr Starmer back – caution, solidity, boring in other words – have switched to positive. They are now seen as the very virtues desired in the next UK leader.
Years of Tory turmoil have led to a widespread craving for dependability. Step forward, reassuringly low-key Mr Starmer.
Not that the Labour leader is going to find it plain-sailing. His room for manoeuvre will be tight. There is simply not enough money available for him to pursue the sort of corrective policies he would like to.
Keir Starmer has been the Labour party's leader since 2020, and is now the UK's prime minister. Here The National looks back through his political career. Getty Images
Mr Starmer speaking in Westminster, London, in May after Rishi Sunak announced the general election for July 4. AP
Mr Starmer speaks to Labour supporters at Harlow Town Football Club's stadium in Essex, on the eve of local elections in May. Getty Images
Mr Starmer talks to Dan Poulter at the Francis Crick Institute in London in April, after the MP had defected from the Conservative Party to Labour. Getty Images
Mayor of London Sadiq Khan and Mr Starmer during the launch of Mr Khan's mayoral re-election campaign in March, which proved successful. Getty Images
Mr Starmer addresses the Labour Business Conference in London in February. Getty Images
Mr Starmer and Mr Sunak at the Palace of Westminster for the State Opening of Parliament in November 2023. Getty Images
Mr Starmer addresses delegates at the National Annual Women's Conference in Liverpool in October 2023. Getty Images
Mr Starmer with his shadow cabinet in London in September 2023. Getty Images
Mr Starmer speaks to supporters in Chatham after a Labour win in local elections in May 2023. Getty Images
Joining party activists at a national phone bank on local elections day in London in May 2023. Getty Images
Mr Starmer meets Ukrainian President Volodymyr Zelenskyy at Speaker's House in the Palace of Westminster, London, in February 2023. Getty Images
The Labour leader and his wife Victoria leave the stage after his speech at the party conference in Liverpool in September 2022. Getty Images
Mr Starmer and then-UK prime minister Liz Truss leave the Palace of Westminster in September 2022. Getty Images
With former Labour prime ministers Tony Blair, centre, and Gordon Brown, right, at St James's Palace, London, where King Charles III was formally proclaimed monarch in September 2022. Getty Images
Mr Starmer and then-prime minister Boris Johnson attend the State Opening of Parliament in May 2022. Getty Images
Mr Starmer makes his keynote speech to the Labour conference for the first time as party leader in September 2021 in Brighton. Getty Images
The gloves are on during a visit to the Vulcan Boxing Club in Hull, East Yorkshire, in April 2021. Getty Images
Mr Starmer in talks with care home workers and family members of residents at Cafe 1899 in Gedling Country Park during the Covid-19 pandemic in July 2020. Getty Images
Mr Starmer, then-shadow secretary of state for exiting the EU, addresses the audience at a hustings in March 2020 in Dudley. Getty Images
Mr Starmer and then-Labour leader Jeremy Corbyn talk to the media at the EU Commission headquarters in March 2019 in Brussels. Getty Images
Mr Starmer delivers a speech on Labour's Brexit policy at the Institute of Civil Engineers in London in April 2017. Getty Images
Holding a press conference as Director of Public Prosecutions to outline new guidelines on assisted suicide, in London in September 2009. Getty Images
Human rights advisers Mr Starmer and Jane Gordon with the Northern Ireland Policing Board annual human rights report 2006, at the Dunadry Hotel in Co Antrim. Getty Images
He inherits an economy that is flat – unless Mr Sunak really does make some progress on the growth front, but it is hard to see that occurring, not while there is still war in Ukraine and heightened tension and volatility in the Middle East. That said, Britain is in better shape than some of its European neighbours. Its economy emerged quicker from the pandemic and proved surprisingly resilient to the outbreak.
One consequence is that talk of rejoining the EU is not as vocal as it was. It is an ever-present, but the economic woes of Germany in particular have provided pause for thought.
A new administration, not tainted by being from the party that steered Brexit, will be able to establish closer relations with the EU. It is also in the bloc’s interest to have a trusted, working, relationship with the UK – the Union is realising it is also missing the UK as much as the UK misses them.
Uncertainty internationally is set to continue. If anything it will worsen as the US holds its own election. At present, the prospect of an ageing Joe Biden or a vengeful, possibly even jailed, Donald Trump emerging victorious is almost too unpalatable to contemplate.
With Mr Biden the question will be about his grip and with that America’s authority on the world stage; with Mr Trump, it is more to do with what is in his head and the policies he plans to enact. Where, for instance, will he take the US on climate change? On relations with China?
There seems to be no alternative than a run-off between these two. Next year may well go down in history as marking the nadir of US politics.
On that note, all that remains is to say Happy New Year. But, to quote the lyrics of the song chosen by Mr Blair and his team as their rallying cry in 1997: “Things can only get better”. Here’s hoping.
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
Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.
Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster who has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others.
Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.
Nils El Accad, chief executive and owner of Organic Foods and Café, says going green is about “lifestyle and attitude” rather than a “money change”; people need to plan ahead to fill water bottles in advance and take their own bags to the supermarket, he says.
“People always want someone else to do the work; it doesn’t work like that,” he adds. “The first step: you have to consciously make that decision and change.”
When he gets a takeaway, says Mr El Accad, he takes his own glass jars instead of accepting disposable aluminium containers, paper napkins and plastic tubs, cutlery and bags from restaurants.
He also plants his own crops and herbs at home and at the Sheikh Zayed store, from basil and rosemary to beans, squashes and papayas. “If you’re going to water anything, better it be tomatoes and cucumbers, something edible, than grass,” he says.
“All this throwaway plastic - cups, bottles, forks - has to go first,” says Mr El Accad, who has banned all disposable straws, whether plastic or even paper, from the café chain.
One of the latest changes he has implemented at his stores is to offer refills of liquid laundry detergent, to save plastic. The two brands Organic Foods stocks, Organic Larder and Sonnett, are both “triple-certified - you could eat the product”.
The Organic Larder detergent will soon be delivered in 200-litre metal oil drums before being decanted into 20-litre containers in-store.
Customers can refill their bottles at least 30 times before they start to degrade, he says. Organic Larder costs Dh35.75 for one litre and Dh62 for 2.75 litres and refills will cost 15 to 20 per cent less, Mr El Accad says.
But while there are savings to be had, going green tends to come with upfront costs and extra work and planning. Are we ready to refill bottles rather than throw them away? “You have to change,” says Mr El Accad. “I can only make it available.”
Essentials The flights: You can fly from the UAE to Iceland with one stop in Europe with a variety of airlines. Return flights with Emirates from Dubai to Stockholm, then Icelandair to Reykjavik, cost from Dh4,153 return. The whole trip takes 11 hours. British Airways flies from Abu Dhabi and Dubai to Reykjavik, via London, with return flights taking 12 hours and costing from Dh2,490 return, including taxes. The activities: A half-day Silfra snorkelling trip costs 14,990 Icelandic kronur (Dh544) with Dive.is. Inside the Volcano also takes half a day and costs 42,000 kronur (Dh1,524). The Jokulsarlon small-boat cruise lasts about an hour and costs 9,800 kronur (Dh356). Into the Glacier costs 19,500 kronur (Dh708). It lasts three to four hours. The tours: It’s often better to book a tailor-made trip through a specialist operator. UK-based Discover the World offers seven nights, self-driving, across the island from £892 (Dh4,505) per person. This includes three nights’ accommodation at Hotel Husafell near Into the Glacier, two nights at Hotel Ranga and two nights at the Icelandair Hotel Klaustur. It includes car rental, plus an iPad with itinerary and tourist information pre-loaded onto it, while activities can be booked as optional extras. More information inspiredbyiceland.com
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
UAE currency: the story behind the money in your pockets
Everton 1 Stoke City 0 Everton (Rooney 45 1') Man of the Match Phil Jagielka (Everton)
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
THE APPRENTICE
Director: Ali Abbasi
Starring: Sebastian Stan, Maria Bakalova, Jeremy Strong
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.
Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
Tips for entertaining with ease
· Set the table the night before. It’s a small job but it will make you feel more organised once done.
· As the host, your mood sets the tone. If people arrive to find you red-faced and harried, they’re not going to relax until you do. Take a deep breath and try to exude calm energy.
· Guests tend to turn up thirsty. Fill a big jug with iced water and lemon or lime slices and encourage people to help themselves.
· Have some background music on to help create a bit of ambience and fill any initial lulls in conversations.
· The meal certainly doesn’t need to be ready the moment your guests step through the door, but if there’s a nibble or two that can be passed around it will ward off hunger pangs and buy you a bit more time in the kitchen.
· You absolutely don’t have to make every element of the brunch from scratch. Take inspiration from our ideas for ready-made extras and by all means pick up a store-bought dessert.