The Conservative leadership race headed to Scotland on Tuesday as the two candidates vying to lead the United Kingdom set out how they plan to keep it intact.
Rishi Sunak and Liz Truss are both promising to quell Scotland's independence push with a mixture of financial sweeteners and robust political arm-wrestling with its nationalist First Minister Nicola Sturgeon.
Each will make their case to Tory members at a hustings in Perth on Tuesday evening, in the seventh of 12 such events ― and the only one in Scotland ― before the new party leader and prime minister is announced in early September.
Ms Truss, who previously caused a stir by calling Ms Sturgeon an "attention seeker" it was best to ignore, went down a more conciliatory path before the hustings by promising to boost economic growth in Scotland.
This would involve setting up low-tax free ports in Scotland and making trade deals to reduce tariffs on Scottish whisky, her campaign said.
But she also promised to make life more difficult for the Scottish National Party by granting legal immunity to members of the devolved parliament, in the hope they will be more fearless in grilling the Scottish government.
"For too long, people in Scotland have been let down by the SNP focusing on constitutional division instead of their priorities. That won’t happen under my watch," she said.
Mr Sunak's plan to take the SNP government to task would involve hauling its senior officials down to London to defend their record to parliament, his campaign said.

Conservative ministers and top civil servants in London would be urged to reciprocate by appearing before the Scottish Parliament more often to make their presence felt.
"For too long the SNP has been able to obscure its failures by picking and choosing the data it publishes ― I would change that, ensuring the Scottish government’s record could be held to account," Mr Sunak said.
Scotland has often been an electoral wasteland for the Tories, who hold only six of its 59 seats in parliament, but the desire to stop independence has partially reinvigorated the party north of the border.
Although the SNP likes to joke that Tories visiting Scotland only strengthen the case for independence, Mr Sunak and Ms Truss have promised to go into battle to stop the break-up of the UK.
Mr Sunak cites an array of spending commitments for Scotland that were made when he was chancellor of the exchequer, and publicly chided Ms Truss after her swipe at Ms Sturgeon.
Conservative leadership campaign - in pictures
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Candidates Rishi Sunak and Liz Truss at the Conservative Party leadership election hustings at Wembley Arena, London. This was the final hustings attended by Tory Party members who will vote for the new leader and next prime minister. EPA -

Liz Truss addresses Conservative Party members at Wembley Arena. AP -

Mr Sunak puts forward his case to be leader while speaking at Wembley Arena. Bloomberg -

Mr Sunak visits his family's old business, Bassett Pharmacy in Southampton, while on the campaign trail. Reuters -

Ms Truss speaks to staff at Condimentum Ltd at the Food Enterprise Park in Norwich. Getty Images -

A Rishi Sunak supporter at a hustings event in Norfolk. PA -

Mr Sunak greets people at a leadership hustings in Manchester. Bloomberg -

Ms Truss poses for a selfie with a supporter as she arrives for the event in Manchester. Getty -

Rishi Sunak looks through the sights of an anti-tank missile launcher, supplied to Ukraine, during a visit to the Thales Defence System plant in Belfast, Northern Ireland. AP -

Liz Truss at a Conservative Party leadership campaign event in Belfast. Getty -

Liz Truss meets supporters before a hustings in Perth, Scotland. Getty -

Rishi Sunak speaks during a campaign visit to Cluny Castle in Inverurie, Scotland. Getty -

Police hold back protesters outside Perth Concert Hall, Scotland, where Conservative leadership candidates Liz Truss and Rishi Sunak were speaking. PA -

A mural showing the two leadership contestants appears on a wall in Belfast, Northern Ireland. AP -

Rishi Sunak during a visit to St John's Wood Synagogue, north London. PA -

Liz Truss at the Conservative Party leadership election hustings in Cheltenham. EPA -

Rishi Sunak during a hustings event in Cheltenham. Reuters -

Liz Truss speaks to scientists during a campaign visit to a life sciences laboratory at Alderley Park in Manchester. PA -

Rishi Sunak during a campaign hustings in Darlington, England. Bloomberg -

Liz Truss meets party members before she speaks at the Darlington campaign hustings. Getty -

Rishi Sunak arrives for the Darlington hustings. Getty -

Liz Truss plays pool during a visit to the Onside Future Youth Zone in London. Reuters -

Rishi Sunak looks at a book with Teddy Openshaw, 4, as his father, Henry, looks on after a Conservative leadership campaign event in Ribble Valley, Lancashire, England. Getty -

Liz Truss plays table tennis with former Conservative party leader Iain Duncan Smith during a visit to the Onside Future Youth Zone in London. Reuters -

Liz Truss with supporters at a campaign event in Solihull, England. Reuters -

Rishi Sunak attends a campaign event held by his party in Bexhill, England. Reuters -

A protester is removed as Ms Truss speaks during the Conservative Party leadership hustings in Eastbourne. Bloomberg -

Mr Sunak speaks at an event in Edinburgh. PA -

Ms Truss leaves the hall in Exeter, south-west England, after her speech to a Conservative Party membership hustings. Getty -

Mr Sunak speaks at the University of Exeter in south-west England. AP -

A supporter of Ms Truss at a Conservative Party hustings in Exeter, south-west England. Getty -

Ms Truss at a hustings event at the Pavilion conference centre at Elland Road in Leeds. PA -

Mr Sunak in Salisbury watching a screening of the Uefa Women's Euro 2022 final between England and Germany at Wembley stadium. England won 2-1 in extra time. PA -

Ms Truss before the Uefa Women's Euro 2022 final at Wembley stadium in London. AFP -

Mr Sunak meets Tory members at Fontwell Park Racecourse. Reuters -

Ms Truss at an event in Dereham, Norfolk. AFP -

Mr Sunak in Ropley, near Winchester, Hampshire. PA -

Ms Truss speaks as Conservative Member of Parliament Tom Tugendhat looks on at a Conservative Party leadership campaign event at Biggin Hill Airport. Getty -

Ms Truss on the campaign trail in Woodford Green, on the outskirts of London. Reuters -

Mr Sunak at a Conservative Party hustings event in Leeds. AFP -

Ms Truss speaks at the hustings event in Leeds. AFP -

Sunak and Truss-themed souvenirs at a stand during the Leeds hustings event. Reuters -

Ms Truss, and her mother, Patricia, arrive for the hustings event. Getty -

Ms Truss poses with supporters in Morley, England. Getty -

Mr Sunak delivers a speech during a campaign event in Newmarket. AFP -

Ms Truss and Jake Berry, MP for Rossendale and Darwen, during a visit to a broadband interchange company in Leeds. PA -

Mr Sunak answers questions as he takes part in the hustings in Leeds. AFP -

Ms Truss speaks at an event at a private house with members of the Conservative Party in Woodford Green. PA -

Ms Truss and Mr Sunak pose for a picture before a BBC leadership debate at Victoria Hall in Hanley. Getty -

Ms Truss addresses Mr Sunak during the televised debate. Getty -

Mr Sunak, with daughters Krishna and Anushka, and wife Akshata Murthy, during a visit to Vaculug tyre specialists at Gonerby Hill Foot, Grantham. PA -

Ms Truss speaks to people while campaigning in Marden. Getty -

Ms Truss celebrates after being named, along with Mr Sunak, one of the final two candidates in the race to become the UK's next prime minister. PA -

Mr Sunak outside his campaign office in central London. EPA -

Ms Truss outside Downing Street in London. Reuters -

Rishi Sunak meets Conservative Party members and activists, in Teesport, Redcar. Reuters -

Conservative leadership candidates Mr Sunak, Ms Truss, Kemi Badenoch, presenter Julie Etchingham, Tom Tugendhat and Penny Mordaunt during 'Britain's Next Prime Minister: The ITV Debate' in London. EPA -

Ms Badenoch arrives at Here East studios in Stratford, east London, before a live television debate. PA -

Mr Sunak arrives at a London event to launch his campaign to be the next Conservative Party leader and UK prime minister. Reuters -

Mr Tugendhat appears on the BBC One current affairs programme, 'Sunday Morning'. PA -

Ms Badenoch, Ms Mordaunt, Mr Sunak, Ms Truss and Mr Tugendhat before the live television debate. PA -

Ms Mordaunt arrives for the launch of her Conservative leadership campaign at the Cinnamon Club in Westminster. PA -

Ms Truss speaks at the launch event for her campaign to become the next leader of the Tory Party and Britain's prime minister, in London. EPA -

Chancellor of the Exchequer Nadhim Zahawi, one of the candidates who has been knocked out of the race, giving a speech at the Churchill War Rooms. PA -

Former leadership candidate Jeremy Hunt appearing on the BBC One current affairs programme, 'Sunday Morning'. PA -

Sajid Javid attending the launch of his campaign to be Conservative Party leader and prime minister, at the Cinnamon Club in London. He has since been knocked out of the contest. PA -

Rehman Chishti is interviewed after announcing his bid to become the next prime minister. Mr Chishti is no longer in the race. Getty -

Mr Tugendhat speaking at the launch of his campaign. PA -

Culture Secretary Nadine Dorries and Conservative MP Iain Duncan Smith arrive for the Truss campaign launch event. Getty -

Former leadership candidate Attorney General Suella Braverman at the Churchill War Rooms in central London. PA -

Supporters of Mr Sunak wait for his arrival ahead of the campaign launch. Bloomberg -

Mr Tugendhat makes a speech at the launch of his campaign. PA -

Mr Javid mops his brow while launching his campaign. Getty -

Ms Truss leaves for work after her announcement that she would be running for the leadership of the Conservative Party. Getty
"Nicola Sturgeon and the SNP pose an existential threat to our cherished Union. Arguing that we should ignore them is dangerously complacent," he said.
Ms Sturgeon recently announced October 19, 2023 as her preferred date for a second independence referendum, which is opposed by the Conservative government in London.
A legal battle is looming over whether the Scottish Parliament has the power to call such a vote without approval from Westminster.
Ms Sturgeon says the Scottish Parliament is free to organise a non-binding vote, even if the power to dissolve the 315-year-old Union resides with the UK Parliament alone.
Lawyers for the UK government countered that the objective of the referendum was to bring about independence and that it therefore encroached on powers reserved to Westminster.
The first referendum, in 2014, was held with the consent of prime minister David Cameron, and ended in a 55-45 vote against independence.
The UK government says that should be that for at least a generation, but Ms Sturgeon says circumstances have changed because Britain has since left the European Union against the wishes of Scottish voters.
The bio
His favourite book - 1984 by George Orwell
His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard
Favourite place to travel to - Peloponnese, Southern Greece
Favourite movie - The Last Emperor
Favourite personality from history - Alexander the Great
Role Model - My father, Yiannis Davos
If you go
Company profile
Name: Thndr
Started: October 2020
Founders: Ahmad Hammouda and Seif Amr
Based: Cairo, Egypt
Sector: FinTech
Initial investment: pre-seed of $800,000
Funding stage: series A; $20 million
Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC, Rabacap and MSA Capital
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What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
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Heidi: The Long Kiss Goodnight.
Favourite holiday destination:
Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.
Heidi: Australia but my dream destination would be to go to Cuba.
Favourite pastime:
Declan: I love brunching and socializing. Just basically having the craic.
Heidi: Paddleboarding and swimming.
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Declan: Take chances.
Heidi: Live, love, laugh and have no regrets.
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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.”
Challenge Cup result:
1. UAE 3 faults
2. Ireland 9 faults
3. Brazil 11 faults
4. Spain 15 faults
5. Great Britain 17 faults
6. New Zealand 20 faults
7. Italy 26 faults


