UK Prime Minister Rishi Sunak will present the UK budget on Wednesday. Getty Images
UK Prime Minister Rishi Sunak will present the UK budget on Wednesday. Getty Images
UK Prime Minister Rishi Sunak will present the UK budget on Wednesday. Getty Images
UK Prime Minister Rishi Sunak will present the UK budget on Wednesday. Getty Images


Sunak’s budget is his last big chance to show that he has a grip on the UK


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  • Arabic

March 05, 2024

One of the best things about writing books is going on a book tour. I’m in the middle of one now. A tour means authors meet readers – and sell books – at public events with audiences at festivals, theatres and book shops.

I’ve been up and down the UK from Scotland and Northern Ireland to Wales and all across England with more venues in the next month. I’m discussing my new book Britain Is Better Than This which, as the title suggests, argues that Britain remains a great country, but as a nation we often fail to live up to our own best standards.

To take some obvious examples, the University of Cambridge has more Nobel prize winners than any country in the world except the US and Britain itself. British musicians are known all over the world. British writers such as Ian Fleming, J K Rowling and JRR Tolkien create heroes and villains that produce some of the biggest Hollywood franchises, and fill cinemas around the world.

British writers such as J K Rowling (pictured above), Ian Fleming and JRR Tolkien create heroes and villains that are known around the world. Getty Images
British writers such as J K Rowling (pictured above), Ian Fleming and JRR Tolkien create heroes and villains that are known around the world. Getty Images

But there is a gloomy sense of things going wrong in Britain right now. Our public and political life is not living up to the hopes and aspirations of most of us. Economically we are under-performing.

In years gone by, book tour audiences would sometimes say that the British system of government “doesn’t work in theory, but works in practice.” I don’t hear that much any more. Instead, people talk of systemic failure and a country too often stuck in the glories of the past.

Last week, for example, I spoke at a book festival in Kent, where 16 of the 17 parliamentary seats are held by Conservative MPs. But I heard repeated complaints about things not working well, about a government and politicians generally out of touch.

I hear complaints about failing public services, incompetence in government and the decline of standards and loss of national pride in our great institutions

Voters will get a chance to have their say soon in a general election. That means Prime Minister Rishi Sunak’s budget this week is probably the last big chance for him to demonstrate he has a grip on the way the country is moving.

The speculation has been about tax cuts, perhaps 2 per cent off national insurance. This is red meat to traditional Conservative voters, but even if such a cut is announced, it may not save Mr Sunak.

As James Callaghan, a former British prime minister, famously put it back in 1979 when his government was wiped out by a landslide for the Conservatives under Margaret Thatcher: “There are times… when there is a sea-change in politics. It then does not matter what you say or what you do. There is a shift in what the public wants and what it approves of.”

Many of those book festival audiences appear to sense that such a shift has already taken place. The complaints I have heard most often on the book tour will not be solved by a tax cut. Audiences talk about the high cost of living, and 2p in the pound off income tax doesn’t compensate for 14 years of austerity.

An ambulance crosses Westminster Bridge during a strike by junior doctors at St Thomas' Hospital in London, UK, on February 26. Bloomberg
An ambulance crosses Westminster Bridge during a strike by junior doctors at St Thomas' Hospital in London, UK, on February 26. Bloomberg

Everywhere I travel across the UK I hear complaints about failing public services, incompetence in government, poor transport links, sewage in rivers and the sea, the decline of standards and loss of national pride in our great institutions including the National Health Service, local councils (some of which face bankruptcy), underfunded universities and schools, and other public services.

A tax cut now may simply be a sign of the Sunak administration leaving a poison-pill legacy for a future Labour government, which will – many economists believe – probably have to reverse any cuts to fund damaged public services.

The Labour Party remains way ahead in opinion polls, reflecting James Callaghan’s sense of a major turning point. Even in a largely Conservative county like Kent, many voters appear to think the Conservative Party has run out of ideas. Mr Sunak himself is hugely unpopular. Voters may not be wholly enthusiastic about the Labour party either but polls suggest they see Labour as the least worst option.

Barring surprises, therefore, this week’s British budget is likely to be the last big scheduled political event before a general election. It will be analysed, sliced and diced by economists and others, but it is difficult to believe a possible tax cut a few months before an election will make a significant difference.

One other peculiarity of the British system is that Mr Sunak has never faced a national vote as leader despite being prime minister since October 2022. He succeeded the disastrous premiership of Liz Truss but neither Mr Sunak nor Ms Truss secured a personal mandate from the British people.

They both became prime minister only as a result of an internal Conservative Party campaign and support from MPs or party members. That, as book festival audiences used to say, is “just the way the British system works.” But does it “work” any more?

Trust in UK political parties has plummeted to just 12 per cent according to the Office for National Statistics, making them the least trusted of any British public institution. Since the party system is at the core of democracy, that is not good news.

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Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

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

Challenge Cup result:

1. UAE 3 faults
2. Ireland 9 faults
3. Brazil 11 faults
4. Spain 15 faults
5. Great Britain 17 faults
6. New Zealand 20 faults
7. Italy 26 faults

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

Squads

Sri Lanka Tharanga (c), Mathews, Dickwella (wk), Gunathilaka, Mendis, Kapugedera, Siriwardana, Pushpakumara, Dananjaya, Sandakan, Perera, Hasaranga, Malinga, Chameera, Fernando.

India Kohli (c), Dhawan, Rohit, Rahul, Pandey, Rahane, Jadhav, Dhoni (wk), Pandya, Axar, Kuldeep, Chahal, Bumrah, Bhuvneshwar, Thakur.

Afghanistan fixtures
  • v Australia, today
  • v Sri Lanka, Tuesday
  • v New Zealand, Saturday,
  • v South Africa, June 15
  • v England, June 18
  • v India, June 22
  • v Bangladesh, June 24
  • v Pakistan, June 29
  • v West Indies, July 4
Match info

Liverpool 3
Hoedt (10' og), Matip (21'), Salah (45 3')

Southampton 0

The Library: A Catalogue of Wonders
Stuart Kells, Counterpoint Press

SUNDAY'S ABU DHABI T10 MATCHES

Northern Warriors v Team Abu Dhabi, 3.30pm
Bangla Tigers v Karnataka Tuskers, 5.45pm
Qalandars v Maratha Arabians, 8pm

Brief scoreline:

Al Wahda 2

Al Menhali 27', Tagliabue 79'

Al Nassr 3

Hamdallah 41', Giuliano 45 1', 62'

Teams

Punjabi Legends Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq

Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi

Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag

Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC

Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC

Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan

Venue Sharjah Cricket Stadium

Format 10 overs per side, matches last for 90 minutes

Timeline October 25: Around 120 players to be entered into a draft, to be held in Dubai; December 21: Matches start; December 24: Finals

Other must-tries

Tomato and walnut salad

A lesson in simple, seasonal eating. Wedges of tomato, chunks of cucumber, thinly sliced red onion, coriander or parsley leaves, and perhaps some fresh dill are drizzled with a crushed walnut and garlic dressing. Do consider yourself warned: if you eat this salad in Georgia during the summer months, the tomatoes will be so ripe and flavourful that every tomato you eat from that day forth will taste lacklustre in comparison.

Badrijani nigvzit

A delicious vegetarian snack or starter. It consists of thinly sliced, fried then cooled aubergine smothered with a thick and creamy walnut sauce and folded or rolled. Take note, even though it seems like you should be able to pick these morsels up with your hands, they’re not as durable as they look. A knife and fork is the way to go.

Pkhali

This healthy little dish (a nice antidote to the khachapuri) is usually made with steamed then chopped cabbage, spinach, beetroot or green beans, combined with walnuts, garlic and herbs to make a vegetable pâté or paste. The mix is then often formed into rounds, chilled in the fridge and topped with pomegranate seeds before being served.

Monster

Directed by: Anthony Mandler

Starring: Kelvin Harrison Jr., John David Washington 

3/5

 

So what is Spicy Chickenjoy?

Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
 

The specs

Engine: 3.0-litre 6-cyl turbo

Power: 435hp at 5,900rpm

Torque: 520Nm at 1,800-5,500rpm

Transmission: 9-speed auto

Price: from Dh498,542

On sale: now

What is a Ponzi scheme?

A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.

Barbie
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Engine: 5.6-litre V8

Transmission: seven-speed automatic

Power: 400hp

Torque: 560Nm

Price: Dh234,000 - Dh329,000

On sale: now

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In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Bio

Born in Dibba, Sharjah in 1972.
He is the eldest among 11 brothers and sisters.
He was educated in Sharjah schools and is a graduate of UAE University in Al Ain.
He has written poetry for 30 years and has had work published in local newspapers.
He likes all kinds of adventure movies that relate to his work.
His dream is a safe and preserved environment for all humankind. 
His favourite book is The Quran, and 'Maze of Innovation and Creativity', written by his brother.

Updated: March 06, 2024, 12:40 PM