Nadhim Zahawi: first Iraqi-born cabinet minister appointed Chancellor by Boris Johnson


Neil Murphy
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British Prime Minister Boris Johnson appointed Nadhim Zahawi as Chancellor of the Exchequer on Tuesday, replacing Rishi Sunak who earlier quit in protest at his leadership.

Mr Zahawi, 55, inherits an economy that is heading for a sharp slowdown or even a recession, and will face immediate pressure to do more to help struggling taxpayers.

He was previously education secretary and was replaced in the portfolio by Michelle Donelan, who was a junior education minister.

After working in junior ministerial roles in the education and business departments, Mr Zahawi was appointed minister in charge of the Covid-19 vaccine rollouts in 2020.

In 2021, Mr Johnson promoted him to the Cabinet to run education policy.

Born in Iraq to a Kurdish family, Mr Zahawi came to the UK at the age of 9, when his parents fled the regime of Saddam Hussein.

Growing up in London, he has described the difficulty he had adapting to life in the UK, especially his struggles with the English language and bullies at school.

The young Nadhim spent much of his time playing football, studying maths and science, and horse riding.

It was not until he began studying chemical engineering at University College London that he developed an interest in politics and became actively involved with the Conservative party.

“They just looked reasonable and actually they were very pleasant and talked about things like opportunity and freedom – stuff that resonated with me,” he says of his fellow conservative students.

“I just thought, ‘those are my values’."

He has often said his own past deeply influenced his view of Britain and he recently spoke of the debt he owed poet Philip Larkin as he improved his English as a teenager.

Believed to be one of the richest politicians in the House of Commons, he helped to found polling company YouGov after his studies.

Regarded as a “safe pair of hands”, Mr Zahawi inherited the education portfolio after the sacking of Gavin Williamson, who became deeply unpopular with the public over the exams fiasco during the Covid-19 pandemic.

His tenure in the role has not been without difficulty and in recent weeks he had been trying to avert strike action by teachers, which he called “unforgivable” months after children returned to school after the disruption of the pandemic.

Mr Zahawi became a junior education minister under Theresa May, but his loyalty to Mr Johnson has never seriously wavered.

Labour’s Rachel Reeves, who the new chancellor will face at the dispatch box, said that the country needed leaders who acted in the public interest.

“It’s clear that the Prime Minister and Chancellor are only acting in theirs,” Ms Reeves said.

Mr Zahawi has been an MP for Stratford-on-Avon since 2010.

What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Glossary of a stock market revolution

Reddit

A discussion website

Redditor

The users of Reddit

Robinhood

A smartphone app for buying and selling shares

Short seller

Selling a stock today in the belief its price will fall in the future

Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Fast%20X
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MATCH INFO

Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

Meghan%20podcast
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Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Champions League Last 16

 Red Bull Salzburg (AUT) v Bayern Munich (GER) 

Sporting Lisbon (POR) v Manchester City (ENG) 

Benfica (POR) v Ajax (NED) 

Chelsea (ENG) v Lille (FRA) 

Atletico Madrid (ESP) v Manchester United (ENG) 

Villarreal (ESP) v Juventus (ITA) 

Inter Milan (ITA) v Liverpool (ENG) 

Paris Saint-Germain v Real Madrid (ESP)  

Profile box

Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

THE SPECS

Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

On sale: now

What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

Who is Allegra Stratton?

 

  • Previously worked at The Guardian, BBC’s Newsnight programme and ITV News
  • Took up a public relations role for Chancellor Rishi Sunak in April 2020
  • In October 2020 she was hired to lead No 10’s planned daily televised press briefings
  • The idea was later scrapped and she was appointed spokeswoman for Cop26
  • Ms Stratton, 41, is married to James Forsyth, the political editor of The Spectator
  • She has strong connections to the Conservative establishment
  • Mr Sunak served as best man at her 2011 wedding to Mr Forsyth
What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

 


 

Updated: July 06, 2022, 8:28 AM