Former prime minister Boris Johnson and Prime Minister Rishi Sunak during the Remembrance Sunday service at the Cenotaph in London in November 2022. PA Images
Former prime minister Boris Johnson and Prime Minister Rishi Sunak during the Remembrance Sunday service at the Cenotaph in London in November 2022. PA Images
Former prime minister Boris Johnson and Prime Minister Rishi Sunak during the Remembrance Sunday service at the Cenotaph in London in November 2022. PA Images
Former prime minister Boris Johnson and Prime Minister Rishi Sunak during the Remembrance Sunday service at the Cenotaph in London in November 2022. PA Images


Will it take Boris Johnson to save the Tories in this year's general election?


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March 18, 2024

British political history tends to draw its parallels along party lines.

So when the Conservative party looks for lessons, it tends to cite past experiences of Australia’s Liberal-National coalition or the Progressive Conservative Party of Canada.

It’s the same with the Labour party and the equivalent centre-left parties in the Westminster parliamentary systems elsewhere in the world. In fact, when Labour poll campaign manager Morgan McSweeney wants to drill down on the dangers of complacency in the forthcoming general election, he has a ready example from Australia’s Labour and its past failures to convert poll leads into power.

After the events of last week saw a further significant erosion in Prime Minister Rishi Sunak’s grip on power, there is a historic example from one of Australia’s Labour Party heroes that could prove instructive for the Conservatives and shape British politics this year.

The late Bob Hawke, who was the biggest political personality that Australia has seen in living memory, became prime minister in 1983 as a result of a whipsaw turn of events that upended a general election in a matter of weeks. Could it be that somewhere lurking just outside of London, former prime minister Boris Johnson is studying the template particularly closely? Here’s how it would work.

The man who was supposed to run as Australian Labour’s prime ministerial candidate in 1983 was opposition leader Bill Hayden. But a by-election went badly for his party at the end of 1982, and Mr Hawke pounced against his rival. On the day that Mr Hayden resigned, then-prime minister Malcolm Fraser of the Liberal Party triggered a general election. He hoped to capitalise on a parallel Labour intra-party leadership election.

Instead, Mr Hawke was installed by acclamation from Labour MPs, and the general election became a two-man race that Mr Hawke won handily.

Then-Australian prime minister Bob Hawke and his wife Hazel host then-Prince and Princess of Wales in Canberra in March 1983. Getty Images
Then-Australian prime minister Bob Hawke and his wife Hazel host then-Prince and Princess of Wales in Canberra in March 1983. Getty Images
Bob Hawke was a renowned larrikin in Aussie politics. His British equivalent is not obvious, but Boris Johnson comes close

Mr Sunak this week said he would not hold a general election on May 2 when there are local elections that are pretty much nationwide. Those votes are expected to land like a tsunami against the Conservatives. That is why this is a key date in the course of the year.

Mr Sunak’s party has already suffered historic-scale reverses in individual by-elections, such as the 28.5 per cent loss in the recent vote in Wellingborough. That result rivalled a 1994 defeat under then-Conservative prime minister John Major that set the stage for his devastating wipe-out in 1997.

However, Mr Sunak has just a few months, perhaps even only a few weeks, on his side – not the three years that Mr Major had at his disposal.

As audacious as Mr Hawke’s power play was in 1983, it would be seismic for the Conservative party to switch out its leader now. And it may not work either. Mr Hawke, after all, only had to win as opposition leader. Moreover, anyone replacing Mr Sunak would have to lead a clapped-out and feudally divided governing husk of a political movement into a dramatic revival.

Yet listen to the words of Justine Greening, a centrist former Conservative cabinet minister who was spat out by the party’s civil war years ago.

Asked about reports of a push to replace Mr Sunak on Friday night, she was clear-eyed. “It does feel that [with] the polls, as they are, this is getting unsustainable,” she said on the BBC. “You can’t just bump along in the teens, or the low 20s. If MPs are starting to get around a particular alternative, then maybe things can move quite fast.”

So if there is a quick shift, how could this really happen?

The particular scenario put to Ms Greening was that a member of Mr Sunak’s cabinet could take over. This would involve a visit to Downing Street by what is known to the UK political scene as the men in grey suits. These senior sages would stand over the Prime Minister to force the inevitable recognition that the game was up.

There are plenty of parliamentarians who could carry out this task.

  • Britain's Prime Minister Boris Johnson poses with Sea Cadets during a visit to BAE systems in Barrow-in-Furness. PA
    Britain's Prime Minister Boris Johnson poses with Sea Cadets during a visit to BAE systems in Barrow-in-Furness. PA
  • Mr Johnson views an armed response vehicle during a visit with members of Thames Valley Police at Milton Keynes Police Station. Getty Images
    Mr Johnson views an armed response vehicle during a visit with members of Thames Valley Police at Milton Keynes Police Station. Getty Images
  • Mr Johnson and Britain's Home Secretary Priti Patel meet newly-recruited officers at Milton Keynes Police Station. AFP
    Mr Johnson and Britain's Home Secretary Priti Patel meet newly-recruited officers at Milton Keynes Police Station. AFP
  • Mr Johnson and Ms Patel are shown the Critical Incident Desk during their visit with members of Thames Valley Police. AFP
    Mr Johnson and Ms Patel are shown the Critical Incident Desk during their visit with members of Thames Valley Police. AFP
  • Mr Johnson on the scene following a drugs-related raid by Metropolitan Police officers in West Norwood, London. AP
    Mr Johnson on the scene following a drugs-related raid by Metropolitan Police officers in West Norwood, London. AP
  • Mr Johnson with Stephen House, acting commissioner of the Metropolitan Police service, during a visit to a police station in London. Getty Images
    Mr Johnson with Stephen House, acting commissioner of the Metropolitan Police service, during a visit to a police station in London. Getty Images
  • Mr Johnson leaves the area following the raid in West Norwood. AP
    Mr Johnson leaves the area following the raid in West Norwood. AP
  • Mr Johnson meets Vimala, a police horse, during a visit to a Metropolitan Police station in London. AFP
    Mr Johnson meets Vimala, a police horse, during a visit to a Metropolitan Police station in London. AFP
  • Mr Johnson gives a thumbs-up during a visit to Henbury Farm in north Dorset, where Wessex Internet are laying fibre optics. Getty Images
    Mr Johnson gives a thumbs-up during a visit to Henbury Farm in north Dorset, where Wessex Internet are laying fibre optics. Getty Images
  • Mr Johnson and Culture Secretary Nadine Dorries in a mole plough during the visit to Henbury Farm. Getty Images
    Mr Johnson and Culture Secretary Nadine Dorries in a mole plough during the visit to Henbury Farm. Getty Images
  • Mr Johnson and Ms Dorries sit in the cabin of the plough. PA
    Mr Johnson and Ms Dorries sit in the cabin of the plough. PA

The stout figure of James Heappey, the armed forces minister, became the 62nd Conservative MP to announce that he would not contest the next election. To go back to the reference to Mr Major’s fate, that figure is just sort of the 70-plus who stood down in 1997. Many are jumping before they think they will be pushed out by the voters. They are free, therefore, to take destiny into their own hands.

So it is possible to foresee a quick unravelling that results in the defenestration of Mr Sunak before he would rally any kind of rear-guard action. Penny Mordaunt, the leader of parliamentary business, is in the frame as the alternative consensus candidate this week.

The key to a changeover at this stage is that it has to be done without the long-lasting internal party procedure; Mr Hawke rose because his Labour Party did not bring its own voting process into action. With the poll numbers so bad and the judgment of the electorate closing in, it is possible that the Conservatives struggle to get to the trigger point until the last moment.

Mr Hawke was a renowned larrikin in Aussie politics. His British equivalent is not obvious, but Mr Johnson comes close.

Unlike Mr Hawke in 1983, Mr Johnson already has a track record of winning impossible elections. If the party acclaimed the once disgraced former leader in an act of desperation, his resignation from Westminster could be reversed. As he mused on leaving office, the herd can shift.

An election could open up a seat like his first constituency Henley, which is becoming vacant. The awkward switchback in No 10 would not be an issue in the process of an election. The challenge to the system that Mr Johnson posed in the 2019 vote worked with voters. It was the aftermath of the Covid-19 pandemic that caught him out and forced him to step down.

With the situation being so volatile in the Conservative party, maybe even Boris can bob back to the top.

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IPL 2018 FINAL

Sunrisers Hyderabad 178-6 (20 ovs)
Chennai Super Kings 181-2 (18.3 ovs)

Chennai win by eight wickets

Brown/Black belt finals

3pm: 49kg female: Mayssa Bastos (BRA) v Thamires Aquino (BRA)
3.07pm: 56kg male: Hiago George (BRA) v Carlos Alberto da Silva (BRA)
3.14pm: 55kg female: Amal Amjahid (BEL) v Bianca Basilio (BRA)
3.21pm: 62kg male: Gabriel de Sousa (BRA) v Joao Miyao (BRA)
3.28pm: 62kg female: Beatriz Mesquita (BRA) v Ffion Davies (GBR)
3.35pm: 69kg male: Isaac Doederlein (BRA) v Paulo Miyao (BRA)
3.42pm: 70kg female: Thamara Silva (BRA) v Alessandra Moss (AUS)
3.49pm: 77kg male: Oliver Lovell (GBR) v Tommy Langarkar (NOR)
3.56pm: 85kg male: Faisal Al Ketbi (UAE) v Rudson Mateus Teles (BRA)
4.03pm: 90kg female: Claire-France Thevenon (FRA) v Gabreili Passanha (BRA)
4.10pm: 94kg male: Adam Wardzinski (POL) v Kaynan Duarte (BRA)
4.17pm: 110kg male: Yahia Mansoor Al Hammadi (UAE) v Joao Rocha (BRA

Schedule:

Pakistan v Sri Lanka:
28 Sep-2 Oct, 1st Test, Abu Dhabi
6-10 Oct, 2nd Test (day-night), Dubai
13 Oct, 1st ODI, Dubai
16 Oct, 2nd ODI, Abu Dhabi
18 Oct, 3rd ODI, Abu Dhabi
20 Oct, 4th ODI, Sharjah
23 Oct, 5th ODI, Sharjah
26 Oct, 1st T20I, Abu Dhabi
27 Oct, 2nd T20I, Abu Dhabi
29 Oct, 3rd T20I, Lahore

Global Fungi Facts

• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
The Facility’s Versatility

Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
 
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
 
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
 
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
 
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
 
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Recipe

Garlicky shrimp in olive oil
Gambas Al Ajillo

Preparation time: 5 to 10 minutes

Cooking time: 5 minutes

Serves 4

Ingredients

180ml extra virgin olive oil; 4 to 5 large cloves of garlic, minced or pureed (or 3 to 4 garlic scapes, roughly chopped); 1 or 2 small hot red chillies, dried (or ¼ teaspoon dried red chilli flakes); 400g raw prawns, deveined, heads removed and tails left intact; a generous splash of sweet chilli vinegar; sea salt flakes for seasoning; a small handful of fresh flat-leaf parsley, roughly chopped

Method

Heat the oil in a terracotta dish or frying pan. Once the oil is sizzling hot, add the garlic and chilli, stirring continuously for about 10 seconds until golden and aromatic.

Add a splash of sweet chilli vinegar and as it vigorously simmers, releasing perfumed aromas, add the prawns and cook, stirring a few times.

Once the prawns turn pink, after 1 or 2 minutes of cooking,  remove from the heat and season with sea salt flakes.

Once the prawns are cool enough to eat, scatter with parsley and serve with small forks or toothpicks as the perfect sharing starter. Finish off with crusty bread to soak up all that flavour-infused olive oil.

 

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Updated: March 18, 2024, 7:00 AM