Prince William and his wife Kate have attended the unveiling of a national monument in one of London’s biggest train stations to celebrate the Windrush generation.
The statue — of a man, woman and child in their Sunday best standing on top of suitcases — was revealed at Waterloo Station on Wednesday to mark Windrush Day.
The National Windrush Monument was designed by Jamaican artist and sculptor Basil Watson, who said it had been an honour to create the piece.
Prince William and Kate gathered alongside members of the Windrush generation for the unveiling.
The UK government, which provided £1 million for the project, said the statue ”symbolises the courage, commitment and resilience of the thousands of men, women and children who travelled to the UK to start new lives from 1948 to 1971”.
It also acknowledges the Windrush generation’s “outstanding contribution” to British society and is intended to offer “a permanent place of reflection”, the government said.
Waterloo was chosen because thousands of people who arrived from the Caribbean passed through the station on their way to start their new lives across the country, officials said.
The unveiling is one of dozens of events and activities across England to celebrate Windrush Day.
Watson said his monument pays tribute to the “dreams and aspirations, courage and dignity, skills and talents” of the Windrush generation who arrived with “a hope of contributing to a society that they expected would welcome them in return”.
He said: “My parents, along with a great many others, took the long arduous voyage from the Caribbean with very little or nothing other than their aspirations, their courage and a promise of opportunity for advancement.
“This monument tells that story of hope, determination, a strong belief in selves and a vision for the future.”
Communities Secretary Michael Gove said: “Seeing Basil Watson’s magnificent monument, it’s easy to imagine the excitement, hope and apprehension that the Windrush pioneers must have felt as they arrived in the UK.
“Overcoming great sacrifice and hardship, the Windrush generation and their descendants have gone on to make an immense contribution to public life. Britain would be much diminished without them.“
Famous public figures, including actor Sir Lenny Henry, poet Benjamin Zephaniah, broadcaster Sir Trevor Phillips, historian David Olusoga and cross-party politicians are calling for Windrush Day 2023 to be a “major national moment” for Britain.
Next year marks 75 years since the arrival of HMT Empire Windrush at Tilbury docks in 1948, bringing 500 passengers from the Caribbean.
More than 100 leaders from politics, faith and civil society, sport, culture and business have signed a joint letter, published in The Times newspaper, starting the one-year countdown to the milestone.
They wrote: “This is not only black History — it is British history. It should be something we all know and commemorate.
“We call on the government and all UK institutions, from politics to civil society, faith, culture, business and sport, to step up and fully play their part next year.”
Polling commissioned to mark Windrush Day suggests 64 per cent of the public believe children should be taught about Windrush to help understand Britain’s history of empire and its diverse society.
Only 9 per cent disagreed, said the survey of 2,006 British adults by Focaldata.
Prince William through the years - in pictures
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Abu Dhabi Sustainability Week
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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.”
Zimbabwe v UAE, ODI series
All matches at the Harare Sports Club:
1st ODI, Wednesday, April 10
2nd ODI, Friday, April 12
3rd ODI, Sunday, April 14
4th ODI, Tuesday, April 16
UAE squad: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
Sri Lanka-India Test series schedule
- 1st Test India won by 304 runs at Galle
- 2nd Test Thursday-Monday at Colombo
- 3rd Test August 12-16 at Pallekele
The specs
Price, base: Dh228,000 / Dh232,000 (est)
Engine: 5.7-litre Hemi V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 552Nm
Fuel economy, combined: 12.5L / 100km
Zayed Sustainability Prize
The Cairo Statement
1: Commit to countering all types of terrorism and extremism in all their manifestations
2: Denounce violence and the rhetoric of hatred
3: Adhere to the full compliance with the Riyadh accord of 2014 and the subsequent meeting and executive procedures approved in 2014 by the GCC
4: Comply with all recommendations of the Summit between the US and Muslim countries held in May 2017 in Saudi Arabia.
5: Refrain from interfering in the internal affairs of countries and of supporting rogue entities.
6: Carry out the responsibility of all the countries with the international community to counter all manifestations of extremism and terrorism that threaten international peace and security
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
Visit Abu Dhabi culinary team's top Emirati restaurants in Abu Dhabi
Yadoo’s House Restaurant & Cafe
For the karak and Yoodo's house platter with includes eggs, balaleet, khamir and chebab bread.
Golden Dallah
For the cappuccino, luqaimat and aseeda.
Al Mrzab Restaurant
For the shrimp murabian and Kuwaiti options including Kuwaiti machboos with kebab and spicy sauce.
Al Derwaza
For the fish hubul, regag bread, biryani and special seafood soup.