Pro-Union activists wave the Union Jack flag in the midst of the Scottish Saltire and EU flags during a demonstration recently. AFP
Pro-Union activists wave the Union Jack flag in the midst of the Scottish Saltire and EU flags during a demonstration recently. AFP
Pro-Union activists wave the Union Jack flag in the midst of the Scottish Saltire and EU flags during a demonstration recently. AFP
Pro-Union activists wave the Union Jack flag in the midst of the Scottish Saltire and EU flags during a demonstration recently. AFP

Why the Scottish National Party thinks it could benefit from yet another referendum


  • English
  • Arabic

The train to the Scottish Highlands goes through some of Europe’s most rugged scenery. The mountains are snow capped. The river is running hard as deer graze in a field on the edge of a birch forest. This is Scotland as it has been for centuries.

But not quite.

The woman who checks me into my hotel is from eastern Europe. The waiter at dinner says he is from the Czech Republic. Two other staff members speak in Spanish and then switch to English to talk with one of the guests. Scotland, in other words, is a modern European country that offers opportunities to people – especially young people like these – who come to make a living and make a life. Even in the highland winter, it is tourist season with hill walkers wearing heavy boots and anoraks heading out for long walks. A few kilometres up the road in a skiing resort, I am told, businesses are building apartments to house the mostly foreign staff needed to make it all work.

Even as Scotland's landscape remains unspoiled, the country itself has seen plenty of change. Corbis
Even as Scotland's landscape remains unspoiled, the country itself has seen plenty of change. Corbis

The story of Scotland for many years has been like that of Ireland – emigration, a “brain drain” of some of the best workers to England, especially to London, and often to Canada, Australia, the US and the UAE. But the Scottish government based in Edinburgh is desperate to reverse that process offering incentives for companies to invest here, and going to great lengths to make foreign workers feel welcome. Refugees were also offered a warmer welcome in Scotland than many have experienced in England where the government in recent years tried to toughen the rules for asylum seekers.

That is just one area of friction between the administrations in Scotland and England.

The story of Scotland for many years has been like that of Ireland – emigration, a "brain drain" of some of the best workers to England, especially to London, and often to Canada, Australia, the US and the UAE

Brexit overshadows that relationship, too. In January, the Scottish government led by First Minister Nicola Sturgeon wanted to offer new foreign workers after Brexit a Scottish work visa. The idea was torpedoed by UK Prime Minister Boris Johnson’s government, even though Scotland’s need for young workers is very different from the situation in England.

For many Scots the Johnson government reaction is just another example of how politicians in London do not care about the three other nations of the UK: Scotland, Northern Ireland and Wales. And that sense of being at best ignored and at worst positively snubbed has created a new wave of discussions about Scottish independence.

First Minister Nicola Sturgeon leads the Scottish National Party, which continues to campaign for a second referendum of Scottish Independence. EPA
First Minister Nicola Sturgeon leads the Scottish National Party, which continues to campaign for a second referendum of Scottish Independence. EPA

I am in the Highlands to attend a big cultural event, and to speak at a public meeting where people talk openly about their hopes and fears for Scotland in the months ahead. One man, speaking for many I have been listening to, says he was against independence for Scotland when the country had its referendum in 2014. He wanted to maintain the centuries-old union of the UK – but now he has changed his mind because of events in England itself.

In the House of Commons, MPs from the Scottish National Party – who represent 47 out of the 59 Scottish seats – find that when they rise to speak, many Conservative MPs simply walk out in an act of calculated rudeness. Not surprisingly, the SNP wants another independence referendum and supporters are confident they can win. If that happens, the credit for breaking up the UK will be not so much because of the SNP's own efforts but because of the way Mr Johnson is alienating many previously unconvinced Scots.

There are other tensions, too, which undermine the UK that in one shape or another have existed since 1603.

Last week, Mr Johnson dismissed Julian Smith from his post as Northern Ireland Secretary. Mr Smith is very unusual for an English politician: he is admired and respected by all sides in Northern Ireland; he also earned praise from the Ireland’s Prime Minister Leo Varadkar for skillfully getting power-sharing politics in Belfast started again.

Britain's Prime Minister Boris Johnson chairs his first meeting of the cabinet the day after a reshuffle at 10 Downing Street in central London. AFP
Britain's Prime Minister Boris Johnson chairs his first meeting of the cabinet the day after a reshuffle at 10 Downing Street in central London. AFP

Mr Smith’s replacement immediately put his foot in his mouth by saying that Brexit means no customs border between Northern Ireland and the rest of the UK. He is wrong. Britain and Ireland agreed such a customs border last year. And so people in Northern Ireland are beginning to wonder, like those in Scotland, whether Brexit means so much to Mr Johnson that he is prepared to break up the UK to achieve it.

Personally, I do not think Mr Johnson really has a coherent plan. Instead, he has a record of carelessness, and the UK is more in danger through incompetence than through considered decisions. As foreign secretary, Mr Johnson blundered in the case of Nazanin Zaghari-Ratcliffe, the British-Iranian woman enduring a long time in an Iranian jail. In the case of dismissing Mr Smith, it appears Mr Johnson felt "blindsided" by Mr Smith's agreement to investigate historic killings that took place years ago during Northern Ireland's violent "Troubles". Westminster insiders suggest that in complex policy matters Mr Johnson simply does not read the briefings given to him or listen to expert advice.

In short, there is no conspiracy to break up the UK. But there is a prime minister who does not do his homework.

Gavin Esler is a journalist, author and presenter

COMPANY%20PROFILE
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Power: 450hp

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GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

RESULTS

ATP China Open
G Dimitrov (BUL x3) bt R Bautista Agut (ESP x5)
7-6, 4-6, 6-2
R Nadal (ESP x1) bt J Isner (USA x6)
6-4, 7-6

WTA China Open
S Halep (ROU x2) bt D Kasatkina (RUS)
6-2, 6-1
J Ostapenko (LAT x9) bt S Cirstea (ROU)
6-4, 6-4

ATP Japan Open
D Schwartzman (ARG x8) bt S Johnson (USA)
6-0, 7-5
D Goffin (BEL x4) bt R Gasquet (FRA)
7-5, 6-2
M Cilic (CRO x1) bt R Harrison (USA)
6-2, 6-0

Five hymns the crowds can join in

Papal Mass will begin at 10.30am at the Zayed Sports City Stadium on Tuesday

Some 17 hymns will be sung by a 120-strong UAE choir

Five hymns will be rehearsed with crowds on Tuesday morning before the Pope arrives at stadium

‘Christ be our Light’ as the entrance song

‘All that I am’ for the offertory or during the symbolic offering of gifts at the altar

‘Make me a Channel of your Peace’ and ‘Soul of my Saviour’ for the communion

‘Tell out my Soul’ as the final hymn after the blessings from the Pope

The choir will also sing the hymn ‘Legions of Heaven’ in Arabic as ‘Assakiroo Sama’

There are 15 Arabic speakers from Syria, Lebanon and Jordan in the choir that comprises residents from the Philippines, India, France, Italy, America, Netherlands, Armenia and Indonesia

The choir will be accompanied by a brass ensemble and an organ

They will practice for the first time at the stadium on the eve of the public mass on Monday evening 

Kill%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Nikhil%20Nagesh%20Bhat%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3C%2Fstrong%3E%3A%20Lakshya%2C%20Tanya%20Maniktala%2C%20Ashish%20Vidyarthi%2C%20Harsh%20Chhaya%2C%20Raghav%20Juyal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204.5%2F5%3Cbr%3E%3C%2Fp%3E%0A
The biog

Alwyn Stephen says much of his success is a result of taking an educated chance on business decisions.

His advice to anyone starting out in business is to have no fear as life is about taking on challenges.

“If you have the ambition and dream of something, follow that dream, be positive, determined and set goals.

"Nothing and no-one can stop you from succeeding with the right work application, and a little bit of luck along the way.”

Mr Stephen sells his luxury fragrances at selected perfumeries around the UAE, including the House of Niche Boutique in Al Seef.

He relaxes by spending time with his family at home, and enjoying his wife’s India cooking. 

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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START-UPS%20IN%20BATCH%204%20OF%20SANABIL%20500'S%20ACCELERATOR%20PROGRAMME
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'The Woman in the House Across the Street from the Girl in the Window'

Director:Michael Lehmann

Stars:Kristen Bell

Rating: 1/5

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

A Bad Moms Christmas
Dir: John Lucas and Scott Moore
Starring: Mila Kunis, Kathryn Hahn, Kristen Bell, Susan Sarandon, Christine Baranski, Cheryl Hines
Two stars

The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp

Torque: 730Nm

Price: Dh649,000

On sale: now  

The Lowdown

Kesari

Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra

 

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

Company name: Play:Date

Launched: March 2017 on UAE Mother’s Day

Founder: Shamim Kassibawi

Based: Dubai with operations in the UAE and US

Sector: Tech 

Size: 20 employees

Stage of funding: Seed

Investors: Three founders (two silent co-founders) and one venture capital fund

Results

5pm Maiden (PA) Dh80,000 1,400m

Winner No Riesgo Al Maury, Szczepan Mazur (jockey), Ibrahim Al Hadhrami (trainer)

5.30pm Handicap (PA) Dh80,000 1,600m

Winner Marwa W’Rsan, Sam Hitchcott, Jaci Wickham.

6pm Handicap (PA) Dh80,000 1,600m

Winner Dahess D’Arabie, Al Moatasem Al Balushi, Helal Al Alawi.

6.30pm Handicap (PA) Dh80,000 2,200m

Winner Safin Al Reef, Connor Beasley, Abdallah Al Hammadi.

7pm Wathba Stallions Cup Handicap (PA) Dh70,000 2,200m

Winner Thulbaseera Al Jasra, Shakir Al Balushi, Ibrahim Al Hadhrami.

7.30pm Maiden (TB) Dh 80,000 2,200m

Winner Autumn Pride, Szczepan Mazur, Helal Al Alawi.

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.