Waiting times outside a hospital in Blackpool are a symptom of the wider problems blighting the NHS. Getty
Waiting times outside a hospital in Blackpool are a symptom of the wider problems blighting the NHS. Getty
Waiting times outside a hospital in Blackpool are a symptom of the wider problems blighting the NHS. Getty
Waiting times outside a hospital in Blackpool are a symptom of the wider problems blighting the NHS. Getty


Crumbling National Health Service is elephant in the UK waiting room


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November 22, 2022

Whenever UK political parties conduct private polling as to what concerns members of the public, one item stands heads and shoulders above all others. The NHS.

It dominates everything. It’s so far ahead in the rankings of public concerns as to be laughable. There can be a surge in crime, immigration may be soaring, schools are in crisis — none of it matters. The state of the National Health Service is what counts.

It’s falling apart. For reasons of history and demographics. The service was conceived at a time when the country’s population was a lot smaller than today, life expectancy was shorter and medical treatment and equipment less sophisticated and cheaper. It’s in desperate need of reform and not just tinkering, but a wholesale rethink. Yet nobody dare go there.

It’s the elephant in the room, the love that dare not speak its name. Britain goes into bat, trying to compete against other economies, with one arm behind its back, with a £180 billion bill for free health care that must be met — we’re a health service with an economy attached.

During Covid, what was the slogan that the government implored us to follow? “Stay Home, Protect the NHS, Save Lives”.

Not, please notice, “Save Yourself, Your Family & Friends”. It was nothing like that. We were being asked to lockdown and follow the rules, to “Protect the NHS”.

The UK was in a bind regarding the NHS even before the pandemic struck. PA
The UK was in a bind regarding the NHS even before the pandemic struck. PA

We were in a bind before the pandemic struck with the NHS. Now, thanks to the impact it’s had on our hospitals, it’s even worse. If Rishi Sunak is to have any chance of winning the next election, he must reduce the backlog of patients waiting for treatment. Until major inroads have been made and the list falls substantially, there is no prospect of an early ballot. He will not go to the country against the backdrop of a reeling health system.

The problem that Sunak and anyone in his position faces, is that the financial numbers continue to head in one direction. Upwards.

In 1966-1967, the Bank of England and Office for Budget Responsibility reported, the bill for supporting the NHS amounted to 3.4 per cent of GDP; in 2024-2025, it’s projected to be 8.4 per cent.

No other item comes close to matching that scale or the rate of increase. Defence has fallen, down from 5.4 per cent during the Cold War to 2.1 per cent. Education has risen slightly, from 4.3 per cent to 5 per cent. The non-pensioner welfare budget is up from 2.9 per cent to 4.8 per cent; the funding of pensioners from 3.4 per cent to 5.8 per cent.

On the NHS goes, seemingly set on an inexorable ascent. If any politician, would-be politician, wants to add to their popularity all they have to do is demand greater funding for the NHS. Better still, if they can construct a model that appears to illustrate how that can be achieved. Although such is the drain on resources, so tight are the public finances, that you have to say good luck with that. Not unless they are proposing tax rises aimed specifically at boosting the NHS; such is our sacred veneration of the service that even they could be palatable.

A 'billion-pound hole'

Scottish Health Secretary Humza Yousaf had to act after it was leaked that he was in a meeting in which a two-tier health service was discussed. PA
Scottish Health Secretary Humza Yousaf had to act after it was leaked that he was in a meeting in which a two-tier health service was discussed. PA

Woe betides them if they speak sense and call for increased efficiencies from the NHS. Then they can expect to plummet in popularity.

This applies across the spectrum and is not confined to the centre or left. Tories, even right-wing ones, are afraid to voice what they know to be true, that the NHS is no longer fit for purpose and some form of health insurance and charging must be introduced.

Which is why the news from Scotland that leaders of the devolved NHS there have discussed abandoning the founding principles of the service and making the wealthy pay for treatment is so fascinating.

A two-tier health service is mentioned, reports the BBC, in draft minutes of a meeting of NHS Scotland health board chief executives in September.

Scotland’s Health Secretary, Humza Yousaf, was quick to pounce on the leak, disavowing it and insisting the NHS would stay publicly owned and publicly operated. He added that health services “must always” be based on individual patient needs and “any suggestion” that it should be about the ability to pay was “abhorrent”.

However, the minutes are marked “in confidence, not for onward sharing” and while they highlight the sensitivity, they also illustrate the parlous nature of the NHS’s funding in Scotland. The meeting began with an update from NHS Scotland chief executive, Caroline Lamb.

The service cannot continue to run in its present form; there is warning of a “billion-pound hole” in the budget; they can’t carry on offering the range of programmes currently offered while remaining safe. Tellingly, the minutes describe the “disconnect that the boards are feeling and the message from SG [Scottish Government] that everything is still a priority and to be done within budget”.

The document does not pull its punches — indeed it’s possible to sense the frustration of those charged with providing care while sticking to the financial limits. It suggests that “fundamental reform” of the existing service “must be on the table” and that the success of the NHS has been built on a model “that no longer works today”.

Sunak's suggestion

Rishi Sunak visits his family's old business, a pharmacy, in Southampton. PA
Rishi Sunak visits his family's old business, a pharmacy, in Southampton. PA

For Scotland and despite the lack of acknowledgement from the Scottish health secretary, read the rest of the UK. The Scottish paper merely reflects what is being contemplated and explored elsewhere. The only surprise is that it was written down — such conversations are far too delicate to be had in public.

There are solutions to the funding gap: rationing a greater variety of drugs, especially those that don’t cure but make the patient more comfortable; and yet again, examining if efficiency savings can be made.

These, though, only tinker at the edges. The one that would make a real difference is charging. It’s not as radical as all that — after all, dentistry, prescriptions and glasses are subject to fees for those who can afford to pay them. Prescriptions are free in Northern Ireland, Wales and Scotland, and one of the proposals aired at the meeting was whether that measure should not be reversed in Scotland.

In his Tory leadership campaign, Sunak proposed charging £10 to patients who miss GP or hospital appointments. No sooner did he come into office, however, than he backtracked, his spokesman saying “now is not the right time to take this policy forward”.

Charging for bed-and-board while in hospital — as opposed to charging for actual treatment, for consultation and surgery say — has also been mooted by NHS managers in private.

It’s clear that something must give and pressure is building relentlessly. Wanted: a brave politician who forces the nation to confront a problem that is staring everyone in the face, who is prepared to make that first step.

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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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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Rating: 4/5

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Fuel consumption: 11.7L/100km

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Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

The specs
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What is Folia?

Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.

Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."

Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.

In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love". 

There are also plans to take Folia to several more locations throughout the Middle East and Europe.

While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."

UAE currency: the story behind the money in your pockets
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Match info:

Real Betis v Sevilla, 10.45pm (UAE)

MATCH INFO

Uefa Champions League semi-final, first leg

Barcelona v Liverpool, Wednesday, 11pm (UAE).

Second leg

Liverpool v Barcelona, Tuesday, May 7, 11pm

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UAE SQUAD

Mohammed Naveed (captain), Mohamed Usman (vice captain), Ashfaq Ahmed, Chirag Suri, Shaiman Anwar, Mohammed Boota, Ghulam Shabber, Imran Haider, Tahir Mughal, Amir Hayat, Zahoor Khan, Qadeer Ahmed, Fahad Nawaz, Abdul Shakoor, Sultan Ahmed, CP Rizwan

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COMPANY%20PROFILE
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Europe wide
Some of French groups are threatening Friday to continue their journey to Brussels, the capital of Belgium and the European Union, and to meet up with drivers from other countries on Monday.

Belgian authorities joined French police in banning the threatened blockade. A similar lorry cavalcade was planned for Friday in Vienna but cancelled after authorities prohibited it.

the pledge

I pledge to uphold the duty of tolerance

I pledge to take a first stand against hate and injustice

I pledge to respect and accept people whose abilities, beliefs and culture are different from my own

I pledge to wish for others what I wish for myself

I pledge to live in harmony with my community

I pledge to always be open to dialogue and forgiveness

I pledge to do my part to create peace for all

I pledge to exercise benevolence and choose kindness in all my dealings with my community

I pledge to always stand up for these values: Zayed's values for tolerance and human fraternity

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Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

The specs

Engine: 6.2-litre V8

Transmission: ten-speed

Power: 420bhp

Torque: 624Nm

Price: Dh325,125

On sale: Now

Updated: November 22, 2022, 11:33 AM