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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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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1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

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Singapore

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Australia

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Saudi Arabia

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South Korea

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Pakistan v Australia, Tuesday-Saturday, 10am​​ daily​​​​​ at Zayed Cricket Stadium, Abu Dhabi

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The specs: 2017 Porsche 718 Cayman

Price, base / as tested Dh222,500 / Dh296,870

Engine 2.0L, flat four-cylinder

Transmission Seven-speed PDK

Power 300hp @ 6,500rpm

Torque 380hp @ 1,950rpm

Fuel economy, combined 6.9L / 100km

Museum of the Future in numbers
  •  78 metres is the height of the museum
  •  30,000 square metres is its total area
  •  17,000 square metres is the length of the stainless steel facade
  •  14 kilometres is the length of LED lights used on the facade
  •  1,024 individual pieces make up the exterior 
  •  7 floors in all, with one for administrative offices
  •  2,400 diagonally intersecting steel members frame the torus shape
  •  100 species of trees and plants dot the gardens
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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

The specs: 2018 BMW R nineT Scrambler

Price, base / as tested Dh57,000

Engine 1,170cc air/oil-cooled flat twin four-stroke engine

Transmission Six-speed gearbox

Power 110hp) @ 7,750rpm

Torque 116Nm @ 6,000rpm

Fuel economy, combined 5.3L / 100km

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Sector: FinTech
Headquarters: Egypt
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5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152 

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

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Starring Dean-Charles Chapman, George MacKay, Daniel Mays

4.5/5

The biog

Name: Sari Al Zubaidi

Occupation: co-founder of Cafe di Rosati

Age: 42

Marital status: single

Favourite drink: drip coffee V60

Favourite destination: Bali, Indonesia 

Favourite book: 100 Years of Solitude 

The specs: 2017 Maserati Quattroporte

Price, base / as tested Dh389,000 / Dh559,000

Engine 3.0L twin-turbo V8

Transmission Eight-speed automatic

Power 530hp @ 6,800rpm

Torque 650Nm @ 2,000 rpm

Fuel economy, combined 10.7L / 100km

UAE currency: the story behind the money in your pockets
Classification of skills

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. 

if you go

The flights
Flydubai offers three daily direct flights to Sarajevo and, from June, a daily flight from Thessaloniki from Dubai. A return flight costs from Dhs1,905 including taxes.
The trip 
The Travel Scientists are the organisers of the Balkan Ride and several other rallies around the world. The 2018 running of this particular adventure will take place from August 3-11, once again starting in Sarajevo and ending a week later in Thessaloniki. If you’re driving your own vehicle, then entry start from €880 (Dhs 3,900) per person including all accommodation along the route. Contact the Travel Scientists if you wish to hire one of their vehicles. 

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MEFCC information

Tickets range from Dh110 for an advance single-day pass to Dh300 for a weekend pass at the door. VIP tickets have sold out. Visit www.mefcc.com to purchase tickets in advance.

Updated: March 06, 2024, 12:40 PM