British Prime Minister Boris Johnson during the Prime Minister's Questions at the House of Common in London. PA
British Prime Minister Boris Johnson during the Prime Minister's Questions at the House of Common in London. PA
British Prime Minister Boris Johnson during the Prime Minister's Questions at the House of Common in London. PA
British Prime Minister Boris Johnson during the Prime Minister's Questions at the House of Common in London. PA

Boris Johnson fell from a moment of grace into a 10-week maelstrom


Thomas Harding
  • English
  • Arabic

Within the wood-panelled AA Milne room of the private members' Garrick Club in London's West End, Britain’s prime minister was bouncing between old friends, delighted to be back in the company of colleagues from his journalist days.

There was good reason for the spring in his step. Three weeks earlier he had set out a glorious future for Britain – following its recent departure from the EU – that had been enthusiastically embraced at the Conservative Party’s annual conference.

His lead in the polls over the opposition Labour Party looked unassailable and he had just flown down from the Cop26 climate conference in Glasgow, getting world leaders to help save the planet.

Now cocooned in the Garrick's warm grandeur, in the room named after the Winnie-the-Pooh author, for a few hours at least he could enjoy his success. And while he was not lauded by colleagues who had overlapped with his time with The Daily Telegraph, he at least enjoyed their admiration.

The evening ended with Mr Johnson skipping down the steps of the club past a press photographer waiting to snap him for a story exposing his trip from Glasgow on private jet.

The Garrick Club in London, where Boris Johnson was pictured. Alamy
The Garrick Club in London, where Boris Johnson was pictured. Alamy

It was unfortunate for Mr Johnson that within the private room of the Garrick lay the germination of a malaise – starting with the photograph – that just 10 weeks later could see him pushed out of office.

The next morning, November 3, at the Downing Street 8.30am daily meeting, it was decided to go ahead with a plan to force through legislation to ensure Conservative MP Owen Paterson was not suspended from Parliament for breaking lobbying rules.

It was a bad decision.

“That lack of basic parliamentary management is where it went wrong,” a senior former minster told The National. “Since then, it has cascaded into a whole set of other issues.”

Those “issues”, mainly the “partygate” scandal of breaking lockdown rules by having a drinks party at the prime minister's official residence at Downing Street, could prove problematic.

Strangely, much like Theresa May, the prime minister he helped to unseat, Mr Johnson does not possess many close friends within Parliament.

“The problem is that Boris doesn't really have any political allies,” said a political insider. “If you go back to [former prime ministers] [Tony] Blair and [Gordon] Brown, there were very distinct camps of people who were followers – mostly disciples who provided the political hinterland.”

That, the former minister said, could prove pivotal in whether Mr Johnson remains leader of the party. “It isn't the electorate that can finish him off at the moment it’s the parliamentary party that can.

“So, if he doesn't deal with that immediately then he's going to find himself in an increasingly toxic position. He needs to address the parliamentary party handling as something of absolute paramount importance, because if he doesn't, he’s gone.”

The politician was referring to the 54 letters of no confidence required to trigger a vote of no confidence in the leader – a move that would prove terminal.

The miscalculations in Downing Street became apparent when The National witnessed the hour-long huddle following Prime Minister’s Questions on November 3.

When the political editors of the main Tory-supporting newspapers criticised the concocted plan to absolve Mr Paterson, Downing Street officials were resolute. What they were doing was right and proper, they argued.

Boris Johnson's year – in pictures

Alas for Mr Johnson, the next morning’s papers contended otherwise, and a swift U-turn was performed.

But it revealed the shortcomings of the Number 10 operation, with no one telling the boss about either the incredulity of journalists or having the gumption to say pressing on with the Paterson vote was a dreadful decision.

“The prime minister wasn't well advised,” said a senior Conservative MP. “He didn't have somebody to tell him that this was completely off course, that it was the wrong judgment call.”

The rebellion over Mr Paterson and the subsequent revolt of 101 Tory MPs in the vote on new Covid-19 restrictions on 14 December shows party discipline is in disarray.

Party whips, there to ensure that MPs vote the way their leadership wants – either through persuasion, reward or coercion – are not functioning.

“The Whips' Office has clearly lost have lost the dressing room,” said one insider.

Just a few weeks ago the idea of “letters going in” would have been unthinkable, even with the Paterson business.

But Mr Johnson’s power has ebbed rapidly, so much so that MPs from the latest 2019 intake have been asking more weathered colleagues whether they should email or post their missives of no confidence.

Without doubt, it is a moment of extreme jeopardy for Mr Johnson. But so far none of his Cabinet colleagues have broken ranks and resigned – unlike the 16 Cabinet minister resignations Mrs May suffered.

But why would they? Partygate aside, the coming spring holds no cheer for the government. The National Insurance tax rise begins in April, energy prices are soaring and households face significant inflation increases.

The question remains is Mr Johnson now permanently damaged goods or will he find the right people to turn Downing Street and the Whips' Office into skilled operations?

Protesters against 'partygate' in Parliament Square, central London, as Boris Johnson attends the weekly Prime Minister's Questions session. AP Photo
Protesters against 'partygate' in Parliament Square, central London, as Boris Johnson attends the weekly Prime Minister's Questions session. AP Photo

If he does survive, in particular the partygate investigation headed by the civil servant Sue Gray, then there is a chance his fortunes could change.

“We mustn't forget that at party conference everyone thought everything was amazing, so things do swing quickly,” said the former minister.

“People tend to forget it isn't all dreadful. What’s happened is an enormous firestorm and if the prime minister survives, he has to rebuild, to change the structures within so he is best supported to deliver his programme.”

But, if it doesn’t quite work out then at least Mr Johnson knows that a hinterland of journalism, writing and the speechmaking circuit awaits that should provide an income far beyond his current salary.

There is even the knowledge that he could return to the warmth of the Garrick, to relate tales of when he ruled the land.

TO A LAND UNKNOWN

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Syria v Australia
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TERMINAL HIGH ALTITUDE AREA DEFENCE (THAAD)

What is THAAD?

It is considered to be the US's most superior missile defence system.

Production:

It was created in 2008.

Speed:

THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.

Abilities:

THAAD is designed to take out  ballistic missiles as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".

Purpose:

To protect high-value strategic sites, such as airfields or population centres.

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THAAD can target projectiles inside and outside the Earth's atmosphere, at an altitude of 150 kilometres above the Earth's surface.

Creators:

Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.

UAE and THAAD:

In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then stationed them in 2016, becoming the first Gulf country to do so.

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.”

What is graphene?

Graphene is a single layer of carbon atoms arranged like honeycomb.

It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were "playing about" with sticky tape and graphite - the material used as "lead" in pencils.

Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But as they repeated the process many times, the flakes got thinner.

By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment had led to graphene being isolated for the very first time.

At the time, many believed it was impossible for such thin crystalline materials to be stable. But examined under a microscope, the material remained stable, and when tested was found to have incredible properties.

It is many times times stronger than steel, yet incredibly lightweight and flexible. It is electrically and thermally conductive but also transparent. The world's first 2D material, it is one million times thinner than the diameter of a single human hair.

But the 'sticky tape' method would not work on an industrial scale. Since then, scientists have been working on manufacturing graphene, to make use of its incredible properties.

In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. Their discovery meant physicists could study a new class of two-dimensional materials with unique properties. 

 

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MATCH INFO

Serie A

Juventus v Fiorentina, Saturday, 8pm (UAE)

Match is on BeIN Sports

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Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Updated: January 15, 2022, 9:33 AM