Five big names have entered the contest to replace Boris Johnson as UK Prime Minister and lay out the course Britain will take as it tackles the war in Ukraine and rampant inflation.
Nadhim Zahawi, the Iraqi-born Chancellor, and Transport Secretary Grant Shapps announced their candidacies on Saturday, joining former chancellor Rishi Sunak. They were followed by Sajid Javid and Jeremy Hunt, who immediately criticised candidates who have been Cabinet members in Mr Johnson's administration.
Foreign Secretary Liz Truss also said she intended to run. Attorney General Suella Braverman, former minister Kemi Badenoch and senior Conservative figure Tom Tugendhat have already launched bids and more names are expected in the coming days. But Defence Secretary Ben Wallace ruled out standing in the race.
The contest has taking shape since Mr Johnson was forced to resign after an avalanche of resignations among his government, by MPs angry at the latest scandal to surround the administration.
Mr Zahawi, born to a Kurdish family who fled the Saddam Hussein regime in Iraq, was promoted to chancellor last week in the hours before Mr Johnson bowed to intense pressure and resigned.
“My aim is a simple one: to provide the opportunities that were afforded to my generation, to all Britons, whoever you are and wherever you come from, to steady the ship and to stabilise the economy,” he said.
He pledged to lower taxes for people, their families and business, boost defence spending and continue with the education reforms he started in his previous role.
He has often said that his own back story has 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.
Mr Zahawi has had a tumultuous week — first being promoted to chancellor after Mr Sunak's resignation on Tuesday, then defending Mr Johnson on Wednesday, before publicly calling for him to stand down on Thursday morning.
Mr Shapps, a Johnson loyalist, announced his run in The Times newspaper by taking a swipe at Mr Sunak, whose resignation along with Health Secretary Mr Javid on Tuesday kick-started Mr Johnson’s downfall.
“I have not spent the last few turbulent years plotting or briefing against the prime minister,” said Mr Shapps. “I have not been mobilising a leadership campaign behind his back.”
Ms Truss is preparing a bid to become next party leader, pledging that she will advocate “classic Conservative principles”, the Mail on Sunday reported.
Mr Javid says he will cut levies, including corporation tax, fuel duty, income tax and cancel an increase in National Insurance.
Mr Hunt portrays himself as a tax-cutter who wants to help business, but he also said he was a backbench MP without the baggage of ever being a member of Mr Johnson's Cabinet.
“We have to be honest that over the last year, we lost the trust of many swathes of people who voted Conservative in 2019," he said.
“I am the only major candidate who has not served in Boris Johnson's government. I called out what was going wrong long before any of the other major contenders and I have not been defending the indefensible.
“So by choosing me, the Conservative Party is sending a signal to those voters that we have listened to your concerns and we have changed.”
Mr Sunak declared his candidacy on Friday in a slick video that raised eyebrows among Tory MPs who suggested plans had been in the works for longer than a few days.
Others tipped to stand include Trade Minister Penny Mordaunt.
Mr Sunak has been tipped as favourite to enter No 10.
On Friday, Britain's former equalities minister Kemi Badenoch put herself forward as a candidate to become the new Conservative leader, promising “limited government” and “a focus on the essentials”.
The MP said she supported lower taxes “to boost growth and productivity, and accompanied by tight spending discipline”.
Writing in The Times, she hit out at “identity politics” and said Mr Johnson was “a symptom of the problems we face, not the cause of them”.
“People are exhausted by platitudes and empty rhetoric. Loving our country, our people or our party is not enough,” she said.
She said governing Britain today requires “a nimble, centre-right vision” that “can achieve things despite entrenched opposition from a cultural establishment that will not accept that the world has moved on from Blairism”.
Ms Badenoch’s declaration capped off a day on which many Tories declared allegiance in the leadership race.
Conservative MP Mark Francois said he believes at least 12 people will put their names forward in the coming days. “It looks like this is going to be the Grand National but without the fences, so we are probably heading for at least a dozen candidates at the moment,” he said.
Company%20profile
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'Texas Chainsaw Massacre'
Rating: 1 out of 4
Running time: 81 minutes
Director: David Blue Garcia
Starring: Sarah Yarkin, Elsie Fisher, Mark Burnham
Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Scoreline
Liverpool 3
Mane (7'), Salah (69'), Firmino (90')
Bournemouth 0
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
The specs: 2018 Maserati Levante S
Price, base / as tested: Dh409,000 / Dh467,000
Engine: 3.0-litre V6
Transmission: Eight-speed automatic
Power: 430hp @ 5,750rpm
Torque: 580Nm @ 4,500rpm
Fuel economy, combined: 10.9L / 100km
Global state-owned investor ranking by size
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China
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Japan
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Canada
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Mane points for safe home colouring
- Natural and grey hair takes colour differently than chemically treated hair
- Taking hair from a dark to a light colour should involve a slow transition through warmer stages of colour
- When choosing a colour (especially a lighter tone), allow for a natural lift of warmth
- Most modern hair colours are technique-based, in that they require a confident hand and taught skills
- If you decide to be brave and go for it, seek professional advice and use a semi-permanent colour
'Nope'
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Jordan%20Peele%0D%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Daniel%20Kaluuya%2C%20Keke%20Palmer%2C%20Brandon%20Perea%2C%20Steven%20Yeun%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
The specs
Engine: 5.0-litre supercharged V8
Transmission: Eight-speed auto
Power: 575bhp
Torque: 700Nm
Price: Dh554,000
On sale: now
Going grey? A stylist's advice
If you’re going to go grey, a great style, well-cared for hair (in a sleek, classy style, like a bob), and a young spirit and attitude go a long way, says Maria Dowling, founder of the Maria Dowling Salon in Dubai.
It’s easier to go grey from a lighter colour, so you may want to do that first. And this is the time to try a shorter style, she advises. Then a stylist can introduce highlights, start lightening up the roots, and let it fade out. Once it’s entirely grey, a purple shampoo will prevent yellowing.
“Get professional help – there’s no other way to go around it,” she says. “And don’t just let it grow out because that looks really bad. Put effort into it: properly condition, straighten, get regular trims, make sure it’s glossy.”
ALRAWABI%20SCHOOL%20FOR%20GIRLS
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Vault%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJune%202023%3Cbr%3E%3Cstrong%3ECo-founders%3A%20%3C%2Fstrong%3EBilal%20Abou-Diab%20and%20Sami%20Abdul%20Hadi%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EAbu%20Dhabi%3Cbr%3E%3Cstrong%3ELicensed%20by%3A%3C%2Fstrong%3E%20Abu%20Dhabi%20Global%20Market%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3EInvestment%20and%20wealth%20advisory%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%241%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EOutliers%20VC%20and%20angel%20investors%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E14%3Cbr%3E%3C%2Fp%3E%0A
Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
Have enough cash to stay afloat for the next 12 to 18 months
Be creative and innovative to reduce expenses
Be prepared to use Covid-19 as an opportunity for your business
* Tips from Jassim Al Marzooqi and Walid Hanna