London // After British prime minister Margaret Thatcher and members of her cabinet narrowly escaped death at the hands of an IRA bomb in Brighton in October 1984, the IRA issued a chilling statement, the grim truth of which will be echoing loudly today through the ranks of the British security services.
“Today we were unlucky,” said the Northern Ireland terror group. “But remember, we only have to be lucky once; you will have to be lucky always.”
Last night in Manchester, the luck of Britain’s vaunted and vigilant security services finally ran out.
Today, two decades on from the signing of the Good Friday Agreement which saw a negotiated end to the Troubles and the IRA, Britain, along with the rest of the world, is facing a different form of terrorism, with which no negotiation is possible.
As the landscape of terror has shifted, so MI5, Britain’s domestic security service, has adapted and changed almost beyond recognition, pursuing an aggressive recruitment policy that has seen its ranks swollen by bright young school leavers and graduates from minority communities.
Current job vacancies tell the story. MI5 is currently looking for Arabic-speaking foreign language analysts “whose roles go well beyond translation and transcription … to provide intelligence insights to deliver clear analysis which will assist your colleagues in driving forward investigations”.
Anyone aged 18 or over, born in Britain and with at least one parent with “substantial ties to the UK”, can apply for the job which, with a starting salary of £28,335 (Dh135,000), is highly competitive for graduates and non-graduates alike.
There are other vacancies, for speakers of Persian, Sylheti — a dialect of Bengali language spoken in parts of south Asia including Bangladesh — and Sorani, a Kurdish language. Other vital hires are mobile surveillance officers whose job, to follow suspects and leads on foot and by car, requires that they “blend … into your surroundings [to] gather information and intelligence that will feed directly into the operation you are working on”.
MI5 saw a massive recruitment drive after the last bomb attack on the British mainland — the attacks in London on July 7, 2005, that saw 52 people killed in a series of blasts on three underground trains and a bus. Recruitment began in earnest in January 2006, when MI5’s budget was boosted and hundreds of new officers were taken on in counter-terrorism roles.
At the same time, major police forces began working to increase the proportion of staff with ethnic backgrounds.
Ironically, in 2005 it was revealed that MI5 was scrambling to open offices in northern towns and cities with large ethnic populations, including Manchester. “The front line”, commented Eliza Manningham-Buller, the director general of MI5 at the time, was no longer “just in the Middle East or South East Asia”.
Like France’s General Directorate for Internal Security, battle-hardened by decades of domestic terrorism, Britain’s MI5 has become highly efficient at traditional counter-terrorism, picking up key words and indicative patterns in “chatter”, either on mobile phone networks, email or the internet.
This is a vital skill in the modern world, and one traded widely between nations with common enemies.
It is also a prized asset, as highlighted in March this year when MI6, Britain’s external security service, made an unprecedented public statement dismissing as “untrue … and absurd” claims that its monitoring abilities had been used to spy on Donald Trump.
Such techniques, however, offer little protection against “lone wolf” attacks by crazed or sociopathic individuals. All that can be done is to harden potential targets — although, in a tourist-packed city like London, where does one start? A strong, visible security presence, such as seen on the streets of France, may act as a deterrence or, as in the case of attacks on soldiers guarding the Louvre in Paris, as a provocation for further attacks.
Britain has had its share of lone wolf attacks, often by deranged individuals inspired but not directed by ISIL (which is, nevertheless, always quick to claim the attacker as one of its “soldiers”).
Khalid Masood, who on March 17 ran over and killed five pedestrians on Westminster Bridge before stabbing to death a police officer outside the British parliament, had no links to terror groups but had sent a WhatsApp message saying he was avenging western military action in the Middle East.
Since 7/7, British security services have staved off a series of potential terrorist outrages, witnessed an average of one terror-related arrest every day for the past year and a steady parade of individuals through the courts.
Just last month, armed police raided a home in north London, arresting six people and shooting a seventh to foil an “active plot”, following a surveillance operation.
One of the most shocking incidente since 7/7 was the hacking to death of Fusilier Lee Rigby by extremists in a London street exactly four years to the day before the Manchester concert attack. But this, though it involved two attackers, was essentially an unsponsored lone wolf attack. When it comes to organised, planned conspiracies, the system works.
All this has shown that the system works. Until now, since 7/7 Britain has been spared the type of attack that left 130 dead in Paris on November 13, 2015.
There are, of course, parallels in the Manchester attack with that dreadful night, during which young people were targeted by a bomb during a concert at the Bataclan hall.
But Britain has been spared the form of terrorism that ensued in Paris — perhaps because of the difficulty of smuggling weapons into the island of Britain, perhaps because of the professionalism of the security services, the UK has so far seen no marauding attacks by gunmen armed with automatic weapons.
Last night, however, Britain experienced what many in the security forces believed was inevitable — a large attack which, by its very nature, almost certainly involved a conspiracy by a number of players.
In days to come, it may emerge that one or more of those involved was already known to the security services. If so, the recriminations, just two weeks from a general election, will be long and loud.
But the fact that the plot itself failed to register on MI5’s radar is a chilling reminder that, in this war on terror as in any other, the terrorists only have to be lucky once.
foreign.desk@thenational.ae
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
MATCH INFO
What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany
Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Destroyer
Director: Karyn Kusama
Cast: Nicole Kidman, Toby Kebbell, Sebastian Stan
Rating: 3/5
UAE release: January 31
What is the FNC?
The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning.
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval.
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
Company Profile
Founders: Tamara Hachem and Yazid Erman
Based: Dubai
Launched: September 2019
Sector: health technology
Stage: seed
Investors: Oman Technology Fund, angel investor and grants from Sharjah's Sheraa and Ma'an Abu Dhabi
Places to go for free coffee
- Cherish Cafe Dubai, Dubai Investment Park, are giving away free coffees all day.
- La Terrace, Four Points by Sheraton Bur Dubai, are serving their first 50 guests one coffee and four bite-sized cakes
- Wild & The Moon will be giving away a free espresso with every purchase on International Coffee Day
- Orange Wheels welcome parents are to sit, relax and enjoy goodies at ‘Café O’ along with a free coffee
Tottenham's 10 biggest transfers (according to transfermarkt.com):
1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop
2). Roberto Soldado - Valencia - £25m: Flop
3). Erik Lamela - Roma - £25m: Jury still out
4). Son Heung-min - Bayer Leverkusen - £25m: Success
5). Darren Bent - Charlton Athletic - £21m: Flop
6). Vincent Janssen - AZ Alkmaar - £18m: Flop
7). David Bentley - Blackburn Rovers - £18m: Flop
8). Luka Modric - Dynamo Zagreb - £17m: Success
9). Paulinho - Corinthians - £16m: Flop
10). Mousa Dembele - Fulham - £16m: Success
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.”
hall of shame
SUNDERLAND 2002-03
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
LA LIGA: Sporting Gijon, 13 points in 1997-98.
BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66