At one of the first dinner parties I attended as a young man in London, just as coffee and port were being served, a cry went up: "Hands up if you were at school?" As most of us looked at each other bemused - of course we'd been to school - four or five shiny-faced lads put up their hands. "We were at school," they chorused. As they embarked on a lengthy conversation about Pop, Provosts and the wall game, we realised that they had all been inmates of Eton College, that bastion of pomp and privilege on the banks of the River Thames.
Nineteen British prime ministers went to Eton, including the latest chap with the face that looks like it is polished every morning by a butler. Other alumni include King Leopold III of Belgium, George Orwell, Hugh Laurie, this paper's business editor and even the Empty Quarter's Sir Wilfred Thesiger, who was the school boxing champion. It is quite likely that David Cameron looked around the table at his first cabinet meeting yesterday and demanded: "Hands up if you were at school?"
George Osborne, the new chancellor of the exchequer, heir to a wallpaper fortune, will have raised his hand like a shot and, no doubt, bellowed out a verse from the Eton Boating Song: Others will fill our places, Dressed in the old light blue, We'll recollect our races, We'll to the flag be true, And youth will be still in our faces, When we cheer for an Eton crew, And youth will be still in our faces, When we cheer for an Eton crew. And, across town, his old school pal Boris Johnson, now Mayor of London, would have been waving both arms in the air enthusiastically and humming along, although secretly a part of him would have been bitterly regretting that it's David Cameron and not him in 10 Downing Street. Nick Clegg, the Liberal Democrat leader who has been appointed deputy prime minister, would have kept his hands on his lap and perhaps pursed his lips in a vague expression of distaste. Not that he isn't a thoroughly well educated chap. He spent his teenage years at the Royal College of St Peter in Westminster, better known as Westminster School. In contrast, Eton is a relative arriviste to the education game. Westminster was founded in the 1200s, a couple of hundred years before Eton, and is renowned as the brainiest school in the land, with the highest level of acceptance into the grand universities of Oxford and Cambridge. Playwright Ben Jonson, architect Sir Christopher Wren, and the author of Winnie-the-Pooh, AA Milne, were all Old Westminsters.
Twenty years ago it was unthinkable that an Etonian would ever again make it to prime minister (or even somebody from a decent public school). Douglas Hurd's shot at leading the Tory party after the fall of Margaret Thatcher was toppled when it became clear how much of a toff he was. It wasn't helped by the fact that he spoke in a patrician drawl, the sort of voice one hears when somebody is addressing his Labrador gundog and a handful of grouse beaters. But now after 13 years of classless Labour rule, notwithstanding the fact that their former leader Tony Blair was a Fettesian, an alumnus of Scotland's snootiest fee-paying school Fettes College, the Etonians are back.
Mr Cameron has vowed not to send his children to Eton College. Nancy can't go because she's a girl but little Arthur could and we have seen Tory prime ministers make U-turns before, particularly when it's a matter of privilege. Mr Clegg has already suggested that he might send his children, Antonio and Alberto, to fee-paying schools. "I am not holding my children's future and education hostage to a game of political football," he told the Sunday Times in 2006. "I am a father before a politician." That's hardly very reassuring for those who have no option but to accept state schooling.
As for the rest of the cabinet, no doubt some will regret that even though Theresa May has a fancy line in footwear, the new home secretary is not an Etonian. She is not even married to one. Nor indeed are any of the rest of the cabinet. There are even a couple of grammar schoolboys and, heaven forbid, the odd character from a comprehensive. Aside from their privileged backgrounds, what common ground is there between the two party leaders? At the moment, it's all smiles and soundbites. "This is a government that will last," Mr Clegg said on Wednesday.
The first serious run on the pound, the next banking crisis or any EU regulations demanding closer political unity and I can see the smiles replaced by gritted teeth, even if Mr Clegg learns the words to the Eton Boating Song. I give it six months before the rowlocks start squeaking.
rwright@thenational.ae
COMPANY PROFILE
Name: Akeed
Based: Muscat
Launch year: 2018
Number of employees: 40
Sector: Online food delivery
Funding: Raised $3.2m since inception
Tips for used car buyers
- Choose cars with GCC specifications
- Get a service history for cars less than five years old
- Don’t go cheap on the inspection
- Check for oil leaks
- Do a Google search on the standard problems for your car model
- Do your due diligence. Get a transfer of ownership done at an official RTA centre
- Check the vehicle’s condition. You don’t want to buy a car that’s a good deal but ends up costing you Dh10,000 in repairs every month
- Validate warranty and service contracts with the relevant agency and and make sure they are valid when ownership is transferred
- If you are planning to sell the car soon, buy one with a good resale value. The two most popular cars in the UAE are black or white in colour and other colours are harder to sell
Tarek Kabrit, chief executive of Seez, and Imad Hammad, chief executive and co-founder of CarSwitch.com
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
RESULTS FOR STAGE 4
Stage 4 Dubai to Hatta, 197 km, Road race.
Overall leader Primoz Roglic SLO (Team Jumbo - Visma)
Stage winners: 1. Caleb Ewan AUS (Lotto - Soudal) 2. Matteo Moschetti ITA (Trek - Segafredo) 3. Primoz Roglic SLO (Team Jumbo - Visma)
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
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
Springsteen: Deliver Me from Nowhere
Director: Scott Cooper
Starring: Jeremy Allen White, Odessa Young, Jeremy Strong
Rating: 4/5
Five expert hiking tips
- Always check the weather forecast before setting off
- Make sure you have plenty of water
- Set off early to avoid sudden weather changes in the afternoon
- Wear appropriate clothing and footwear
- Take your litter home with you
Profile box
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)
If%20you%20go
%3Cp%3EThere%20are%20regular%20flights%20from%20Dubai%20to%20Kathmandu.%20Fares%20with%20Air%20Arabia%20and%20flydubai%20start%20at%20Dh1%2C265.%3Cbr%3EIn%20Kathmandu%2C%20rooms%20at%20the%20Oasis%20Kathmandu%20Hotel%20start%20at%20Dh195%20and%20Dh120%20at%20Hotel%20Ganesh%20Himal.%3Cbr%3EThird%20Rock%20Adventures%20offers%20professionally%20run%20group%20and%20individual%20treks%20and%20tours%20using%20highly%20experienced%20guides%20throughout%20Nepal%2C%20Bhutan%20and%20other%20parts%20of%20the%20Himalayas.%3C%2Fp%3E%0A
Types of policy
Term life insurance: this is the cheapest and most-popular form of life cover. You pay a regular monthly premium for a pre-agreed period, typically anything between five and 25 years, or possibly longer. If you die within that time, the policy will pay a cash lump sum, which is typically tax-free even outside the UAE. If you die after the policy ends, you do not get anything in return. There is no cash-in value at any time. Once you stop paying premiums, cover stops.
Whole-of-life insurance: as its name suggests, this type of life cover is designed to run for the rest of your life. You pay regular monthly premiums and in return, get a guaranteed cash lump sum whenever you die. As a result, premiums are typically much higher than one term life insurance, although they do not usually increase with age. In some cases, you have to keep up premiums for as long as you live, although there may be a cut-off period, say, at age 80 but it can go as high as 95. There are penalties if you don’t last the course and you may get a lot less than you paid in.
Critical illness cover: this pays a cash lump sum if you suffer from a serious illness such as cancer, heart disease or stroke. Some policies cover as many as 50 different illnesses, although cancer triggers by far the most claims. The payout is designed to cover major financial responsibilities such as a mortgage or children’s education fees if you fall ill and are unable to work. It is cost effective to combine it with life insurance, with the policy paying out once if you either die or suffer a serious illness.
Income protection: this pays a replacement income if you fall ill and are unable to continue working. On the best policies, this will continue either until you recover, or reach retirement age. Unlike critical illness cover, policies will typically pay out for stress and musculoskeletal problems such as back trouble.
Results:
6.30pm: Maiden Dh165,000 2,000m - Winner: Powderhouse, Sam Hitchcott (jockey), Doug Watson (trainer)
7.05pm: Handicap Dh165,000 2,200m - Winner: Heraldic, Richard Mullen, Satish Seemar
7.40pm: Conditions Dh240,000 1,600m - Winner: Walking Thunder, Connor Beasley, Ahmed bin Harmash
8.15pm: Handicap Dh190,000 2,000m - Winner: Key Bid, Fernando Jara, Ali Rashid Al Raihe
8.50pm: The Garhoud Sprint Listed Dh265,000 1,200m - Winner: Drafted, Sam Hitchcott, Doug Watson
9.25pm: Handicap Dh170,000 1,600m - Winner: Cachao, Tadhg O’Shea, Satish Seemar
10pm: Handicap Dh190,000 1,400m - Winner: Rodaini, Connor Beasley, Ahmed bin Harmash
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Karwaan
Producer: Ronnie Screwvala
Director: Akarsh Khurana
Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar
Rating: 4/5
The%20Specs%20
%3Cp%3E%3Cstrong%3ELamborghini%20LM002%3C%2Fstrong%3E%3Cbr%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%205.2-litre%20V12%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20450hp%20at%206%2C800rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E500Nm%20at%204%2C500rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3EFive-speed%20manual%3Cbr%3E%3Cstrong%3E0-100kph%3A%3C%2Fstrong%3E%209%20seconds%20(approx)%3Cbr%3E%3Cstrong%3ETop%20speed%3A%3C%2Fstrong%3E%20210kph%20(approx)%3Cbr%3E%3Cstrong%3EYears%20built%3A%3C%2Fstrong%3E%201986-93%3Cbr%3E%3Cstrong%3ETotal%20vehicles%20built%3A%3C%2Fstrong%3E%20328%3Cbr%3E%3Cstrong%3EValue%20today%3A%3C%2Fstrong%3E%20%24300%2C000%2B%3Cbr%3E%3C%2Fp%3E%0A
A Long Way Home by Peter Carey
Faber & Faber
What's in the deal?
Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024
India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.
India will also cut automotive tariffs to 10% under a quota from over 100% currently.
Indian employees in the UK will receive three years exemption from social security payments
India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery