British Prime Minister Boris Johnson is to face Parliament on Wednesday for the first time since the damaging revolt by Conservative MPs in Monday’s confidence vote.
Mr Johnson survived the rebellion by 211 votes to 148, but now faces an uphill battle to restore authority over his own party.
Behind the scenes, tensions are running high after 40 per cent of Conservative MPs refused to support him.
Allies of the prime minister can be expected to stage a noisy show of support when he steps up for his weekly questions in the House of Commons.
Health Secretary Sajid Javid said some colleagues who did not support Mr Johnson in the confidence vote have told him they are now “getting behind the prime minister”.
He told Sky News the prime minister had achieved a “clear and decisive win” in the ballot on Monday.
"They’re democrats, like all of us, and they accept the result of the vote and they’re getting behind the prime minister", he said.
Although it was the Sue Gray report into lockdown parties in Downing Street that prompted the vote, it also revealed deep unhappiness among MPs on different wings of the party across a range of issues.
They include promised legislation to override the Northern Ireland Protocol with the EU, as well as concerns about the high levels of tax and spend amid reports that rebel MPs could start staging “vote strikes” on policies they oppose.
After Mr Johnson insisted on Tuesday it remained a “fundamental Conservative instinct” to cut taxes, Chancellor Rishi Sunak used a speech to the Onward think tank to reaffirm his intention to reduce taxes for business in the autumn.
It followed a call from former Brexit minister Lord Frost for previously announced rises to national insurance and corporation tax to be reversed, warning they were “not Conservative” and were “undermining growth and prosperity”.
His view that the British government needs to move on to a tax-cutting agenda to shore up Mr Johnson’s leadership is reportedly shared by some in the Cabinet.
Meanwhile, The Daily Telegraph reported that allies of the prime minister were urging him to replace Mr Sunak with former foreign secretary Jeremy Hunt.
Mr Hunt — who was runner-up to Mr Johnson in a 2019 leadership election and is expected to stand again if there is another contest — infuriated some in the Cabinet when he announced he would be voting for “change” in the confidence vote.
However, proponents of the idea argue that bringing back his rival into the Cabinet would help stabilise Mr Johnson’s leadership, heal rifts within the party and bind Mr Hunt to the prime minister’s agenda.
Under current party rules, Mr Johnson is safe now from another formal confidence vote, although the backbench 1922 Committee could potentially rewrite the regulations if there is renewed pressure for change.
Former YouGov president Peter Kellner seemingly suggested the rules should be changed so ministers and their aides could not take part in confidence votes.
“The 1922 Committee exists to represent Tory backbenchers. Suppose it had done so this week,” he wrote in a letter to the editor of The Times.
“It would have honoured the electorate’s wish to depose Johnson, the need for effective government and the electoral interests of the Conservative Party — had its rules allowed it to bar ministers and their aides from taking part in Monday’s vote.
“Johnson would be out, as should any party leader who cannot retain the loyalty of their backbenchers.”
At the moment, there would appear to be no appetite among the rebels for another immediate move against Mr Johnson.
However, he has two tricky by-elections coming up in Wakefield, West Yorkshire, and in Tiverton and Honiton, Devon, amid warnings they could fall to Labour and the Liberal Democrats respectively.
Such a double defeat could be the catalyst for a fresh bout of soul-searching within the party, leading to renewed demands for change at the top.
Despite the speculation, one Cabinet ally — Business Secretary Kwasi Kwarteng — said he was “pretty confident” that Mr Johnson would still lead them into the next general election.
“I’m pretty confident he will but lots of things happen in politics. I’m 100 per cent behind him,” he told Channel 4 News on Tuesday.
“As far as this particular prime minister is concerned, he has been written off dozens of times. He’s somebody who’s extremely resilient and is extremely focused on delivering what matters to people.”
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Our Time Has Come
Alyssa Ayres, Oxford University Press
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
It Was Just an Accident
Director: Jafar Panahi
Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
Trippier bio
Date of birth September 19, 1990
Place of birth Bury, United Kingdom
Age 26
Height 1.74 metres
Nationality England
Position Right-back
Foot Right
If you go
The flights
Emirates and Etihad fly direct to Nairobi, with fares starting from Dh1,695. The resort can be reached from Nairobi via a 35-minute flight from Wilson Airport or Jomo Kenyatta International Airport, or by road, which takes at least three hours.
The rooms
Rooms at Fairmont Mount Kenya range from Dh1,870 per night for a deluxe room to Dh11,000 per night for the William Holden Cottage.
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.”
MATCH INFO
Uefa Champions League semi-final, second leg result:
Ajax 2-3 Tottenham
Tottenham advance on away goals rule after tie ends 3-3 on aggregate
Final: June 1, Madrid
Brief scores:
Day 1
Toss: India, chose to bat
India (1st innings): 215-2 (89 ov)
Agarwal 76, Pujara 68 not out; Cummins 2-40
New Zealand 21 British & Irish Lions 24
New Zealand
Penalties: Barrett (7)
British & Irish Lions
Tries: Faletau, Murray
Penalties: Farrell (4)
Conversions: Farrell
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Essentials
The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.