In his two years in office so far – a period he regards as naggingly too short – Boris Johnson has only done what was to be expected of him. At every turn, he has manipulated, threatened, cajoled and occasionally charmed his way through the business of government. The law is for losers; it applies to everyone in the land bar one.
Now, as the senior civil servant Sue Gray prepares to deliver her dramatic report and as Conservative MPs contemplate ousting him, is he about to face his reckoning? Will the conjuror who “got Brexit done” and tried to make Britons feel better about themselves by waving a flag finally run out of road?
In recent days, the British Prime Minister has been likened to a rat and a Rottweiler, chewing or biting his way out of danger. He signalled he would not go down without a fight, clearing the decks to spend the past weekend holed up at his official country residence of Chequers with a small band of die-hards, manning the phones to persuade recalcitrant backbenchers not to demand his resignation, and, in the event of a no-confidence vote taking place, not to support it.
This is a fast-moving crisis with a proliferation of quickening streams. Nusrat Ghani, a well-regarded former minister, opened up the latest set of sluice gates when she accused the leadership of using her “Muslimness” as a justification for her sacking in early 2020. It says something that two Cabinet ministers from Muslim backgrounds had to make a stand to get Downing Street to take her complaint seriously. By Sunday evening, Mr Johnson was on the phone with Ms Ghani offering yet another inquiry by officials into the conduct of his own government.
That was followed on Monday by the resignation of a Treasury minister, Lord Agnew, over the handling of fraudulent Covid-19 business loans then another allegation of parties in Downing St, this time for the prime minister’s birthday.
Politics as practised at Westminster has always been a dark art. Some revere the costumes, the customs. In my years as a political journalist there, I saw it as epitomising the struggle of a country trying, and largely failing, to come to terms with its diminishing status as a middle-ranking power. Yet the UK Parliament’s intrinsic hubris has an effect on even the most grounded of individuals.
The PM would never want to be described as being grounded. As a boy, Alexander Boris de Pfeffel Johnson vowed to become “world king”. Being a newspaper columnist, TV quiz show host and after-dinner speaker was lucrative and ego-enhancing, but he wanted to become an MP, to become prime minister, to be like Winston Churchill. His chaotic public personality was artfully devised as a vehicle for that endeavour.
His ambition has also been accompanied by a marked lack of political conviction. As Mayor of London, he was delighted to be seen in the vanguard of David Cameron’s efforts to make the Conservatives “cool”. Labour, still reeling from the Iraq war and long years of Tony Blair and Gordon Brown, was at the tail end of its era in power. In 2012, during the successful London Olympics, Mr Johnson was happy to get stuck on a zip wire, waving as he indulged the photographers. Many on the liberal left gushed about him at the time.
Four years later came the great schism, Brexit. Mr Johnson saw it as his one, perhaps only, opportunity to get to 10 Downing Street. He knew that Cameron was keeping the seat warm for his chancellor and good friend George Osborne. He knew he had to do something dramatic. He was torn between his head – even he realised that leaving the EU might be a risk too far – and his heart, to go for it. He had two speeches prepared, one for Remain, the other for Leave. At the 11th hour, he opted to disrupt the UK’s place in the world on the altar of his vanity. He campaigned brilliantly, making sure that he didn’t let the truth (such as more money for the National Health Service) get in the way of an appeal to the public. But he didn’t imagine his side would actually win and was taken aback when it did.
Buoyed by that unlikely success, he undermined negotiations led by Mr Cameron’s successor, Theresa May, opting for a deal more economically and constitutionally damaging. But he succeeded in getting rid of her – and that was what mattered.
Over the past decade, Tory supporters affixed to Mr Johnson whatever they wanted: low-tax true-believer or redistributor of wealth to poorer regions, culture warrior or social liberal. Yet the more he was required to dig into the detail, the more he was exposed. The new generation of MPs from the “Red Wall” of former Labour seats in England’s North and Midlands were furious when much trumpeted railway investment turned out to be a chimera. Meanwhile, free-marketeers wondered whether he understood the meaning of Conservatism as he pledged ever more fanciful amounts of cash to anyone who wanted it – as long as they supported him.
After his stunning general election victory of December 2019, albeit against the implausible Labour left-wing leader Jeremy Corbyn, Mr Johnson was supposed to waft over politics, playing to his strengths as national feel-good galvaniser in-chief. Then Covid-19 intervened. He spent several crucial days in March 2020 hiding at Chequers writing his book on Shakespeare, fearing that he would have to pay back his advance, with maintenance payments to meet for his ex-wives and children.
Houdini-style, he then allowed himself to take the credit for the smart early distribution of vaccines at the start of last year. For the first time, the UK was the envy of much of the world, allowing supporters of Brexit to indulge in their favourite pastime, flag-waving schadenfreude, as they watched the countries of the EU floundering.
Yet unbeknown to all but a few on the inside track, Britain’s response to the pandemic was being managed in – how to put it politely – a somewhat esoteric fashion. While the nation was being required by law to lock down, the Downing Street clan were partying.
Britons have indulged themselves over the past month with memes at Mr Johnson’s expense, usually involving inebriated people after attending a “work event”. In chancelleries around the world, the UK has been renamed “the party island”.
Mr Johnson and his allies are living hour by hour, fearing the next headline detailing drinking and other rule-breaking. They are trying to divert attention by unveiling dramatic policy decisions on the hoof, such as ending public funding for the BBC and sending the navy to deal with migrants at sea. An invasion of Ukraine by Vladimir Putin would certainly divert attention.
The government’s poll ratings are poor. Mr Johnson’s personal standing is terrible. Conservative MPs are accusing their own government of blackmail and coercion. Potential successors to the crown are jockeying into position. Keir Starmer, once dismissed as a wooden leader of the opposition, is finally finding his voice. Labour insiders say they want to prise Mr Johnson out, but not too quickly. The longer the Tories stay in the mire, the harder it will be for them to recover.
Meanwhile, Mr Johnson’s nemesis and source of many revelations is waiting to pounce. Dominic Cummings, chief Brexit campaign strategist, is variously described as Rasputin or Svengali. The mesmeric grip he once had on Mr Johnson, he now has on the media.
Politics as theatre: the final act is about to begin. Underlying the drama, though, are more deep-seated problems. How will Britain begin to restore its reputation after this mess? And what will happen to the Conservative Party? Mr Johnson was supposed to be the quick fix, binding it together in a patriotic Brexit endeavour. Now what? The search – and, at some point, it will come – is not just for his successor but for the soul of a once-sensible party that allowed itself to be hijacked by a populist clown.
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.”
Andor
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David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
EMILY%20IN%20PARIS%3A%20SEASON%203
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DIVINE%20INTERVENTOIN
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SPAIN SQUAD
Goalkeepers Simon (Athletic Bilbao), De Gea (Manchester United), Sanchez (Brighton)
Defenders Gaya (Valencia), Alba (Barcelona), P Torres (Villarreal), Laporte (Manchester City), Garcia (Manchester City), D Llorente (Leeds), Azpilicueta (Chelsea)
Midfielders Busquets (Barcelona), Rodri (Manchester City), Pedri (Barcelona), Thiago (Liverpool), Koke (Atletico Madrid), Ruiz (Napoli), M Llorente (Atletico Madrid)
Forwards: Olmo (RB Leipzig), Oyarzabal (Real Sociedad), Morata (Juventus), Moreno (Villarreal), F Torres (Manchester City), Traore (Wolves), Sarabia (PSG)
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
Silent Hill f
Publisher: Konami
Platforms: PlayStation 5, Xbox Series X/S, PC
Rating: 4.5/5
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
Name: Brendalle Belaza
From: Crossing Rubber, Philippines
Arrived in the UAE: 2007
Favourite place in Abu Dhabi: NYUAD campus
Favourite photography style: Street photography
Favourite book: Harry Potter
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
Disturbing%20facts%20and%20figures
%3Cp%3E%3Cstrong%3E51%25%3C%2Fstrong%3E%20of%20parents%20in%20the%20UAE%20feel%20like%20they%20are%20failing%20within%20the%20first%20year%20of%20parenthood%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E57%25%20vs%2043%25%3C%2Fstrong%3E%20is%20the%20number%20of%20mothers%20versus%20the%20number%20of%20fathers%20who%20feel%20they%E2%80%99re%20failing%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E28%25%3C%2Fstrong%3E%20of%20parents%20believe%20social%20media%20adds%20to%20the%20pressure%20they%20feel%20to%20be%20perfect%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E55%25%3C%2Fstrong%3E%20of%20parents%20cannot%20relate%20to%20parenting%20images%20on%20social%20media%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E67%25%3C%2Fstrong%3E%20of%20parents%20wish%20there%20were%20more%20honest%20representations%20of%20parenting%20on%20social%20media%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E53%25%3C%2Fstrong%3E%20of%20parents%20admit%20they%20put%20on%20a%20brave%20face%20rather%20than%20being%20honest%20due%20to%20fear%20of%20judgment%3C%2Fp%3E%0A%3Cp%3E%3Cspan%20style%3D%22font-size%3A%2014px%3B%22%3ESource%3A%20YouGov%3C%2Fspan%3E%3C%2Fp%3E%0A
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
2017%20RESULTS%3A%20FRENCH%20VOTERS%20IN%20UK
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'Ashkal'
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Sholto Byrnes on Myanmar politics
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
T20 World Cup Qualifier
October 18 – November 2
Opening fixtures
Friday, October 18
ICC Academy: 10am, Scotland v Singapore, 2.10pm, Netherlands v Kenya
Zayed Cricket Stadium: 2.10pm, Hong Kong v Ireland, 7.30pm, Oman v UAE
UAE squad
Ahmed Raza (captain), Rohan Mustafa, Ashfaq Ahmed, Rameez Shahzad, Darius D’Silva, Mohammed Usman, Mohammed Boota, Zawar Farid, Ghulam Shabber, Junaid Siddique, Sultan Ahmed, Imran Haider, Waheed Ahmed, Chirag Suri, Zahoor Khan
Players out: Mohammed Naveed, Shaiman Anwar, Qadeer Ahmed
Players in: Junaid Siddique, Darius D’Silva, Waheed Ahmed
Where to buy
Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com