A photo that is claimed to show a UK government party during the national coronavirus lockdown has been published after insiders described chaotic gatherings at Downing Street.
The photo shows a man standing at a table with nine bottles of wine and prosecco, doughnuts and miniature cakes.
The Mirror newspaper claims it was taken at a gathering to mark the final briefing by Prime Minister Boris Johnson’s former official spokesman, James Slack, on November 17, 2020 — during England’s second national coronavirus lockdown.
It said the event was allegedly attended by 30 to 40 staff and was not believed to have been investigated by Sue Gray or the Metropolitan Police.
Ms Gray’s full report into the Downing Street parties in Whitehall is expected to be published tomorrow.
“As part of their investigation. the Cabinet Office team were able to speak to No 10 staff to establish the facts on what happened during this period," a government spokesman said.
"Both they and the Met Police have had access to all information relevant to their investigations, including photographs.
“The Met have concluded their investigation and Sue Gray will publish her report shortly, at which point the prime minister will address Parliament in full.”
A spokesman for the Metropolitan Police said the force would “look into it” on Wednesday.
Mr Slack and Downing Street have previously apologised after it was reported that two gatherings, including his leaving party, took place inside No 10 on April 16, 2021, the day before the Duke of Edinburgh’s funeral.
On Tuesday, the BBC’s Panorama broadcast a programme that showed three anonymous people describing in detail what they saw at regular rule-breaking events during coronavirus restrictions.
They said they felt the events were condoned by Mr Johnson because he “was grabbing a glass for himself”.
Party debris was left overnight for people arriving at work the next day to discover after staff crowded together and sat on each other’s laps at the parties, the guests said.
One said they felt they had the permission of the prime minister as he was not telling them to break up the scenes when returning to his flat.
“No, he wasn’t telling anybody that,” they said.
Mr Johnson was already under renewed pressure after images obtained by ITV News showed him raising a glass while surrounded by colleagues and bottles of wine.
Days after ordering England’s second national lockdown, the pictures showed the prime minister giving a toast for departing communications chief Lee Cain on November 13, 2020.
“There were about 30 people, if not more, in a room," one witness said.
"Everyone was stood shoulder to shoulder, some people on each other’s laps … one or two people.”
“Unforgivable” scenes were described at the April 16 party, which was called a “lively event … a general party with people dancing around”.
It became so loud that security guards told party-goers to go into the No 10 grounds.
“So everyone grabbed all the drinks, the food, everything, and went into the garden,” one source said.
“We all sat around the tables drinking. People stayed the night there.”
The insiders said the events were “every week”, with invitations for press office drinks listed in the diary as “Wine-Time Friday”.
A former official described often turning up at No 10 to find it “a mess”.
“There were bottles, empties, rubbish – in the bin, but overflowing – or indeed sometimes left on the table,” they said.
One said a Downing Street security guard, known as a custodian, was mocked when he tried to break up a party.
“I remember when a custodian tried to stop it all and he was just shaking his head in this party, being like ‘This shouldn’t be happening’,” they said.
Deputy Labour leader Angela Rayner questioned “who will defend this rotten culture” and said the BBC report portrayed “Downing Street as a parallel universe”.
Chairman of the foreign affairs select committee and Conservative MP Tom Tugendhat told LBC it is “very difficult to have confidence in the government right now”.
Downing Street, asked about the insiders’ claims, said there was a limit to what it could say before the investigation by Ms Gray was submitted.
“I’ve certainly seen the report," said the prime minister’s official spokesman.
“You will appreciate, as I made clear this morning, that I can’t get into commenting on claims put forward given Sue Gray’s report has not been published yet.
“You will hear from the prime minister once that has happened, so I am limited in what I can say.”
Mr Johnson is due to address the 1922 Committee of backbench Tories on Wednesday.
He is expected to address the House of Commons and media after the Gray report is published.
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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.”
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Karnataka Tuskers 110-5 (10 ovs)
Tharanga 48, Shafiq 34, Rampaul 2-16
Delhi Bulls 91-8 (10 ovs)
Mathews 31, Rimmington 3-28
Karnataka Tuskers win by 19 runs
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