Boris Johnson bids farewell to Downing Street as he 'hands baton' to Liz Truss


Laura O'Callaghan
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Boris Johnson declared "this is it, folks" on Tuesday morning, as he gave a valedictory speech outside 10 Downing Street in London pledging loyalty to his successor as Britain’s prime minister.

Mr Johnson's address, tinged with some bitterness at his departure, came hours before his meeting with Queen Elizabeth II at her residence in Balmoral, Scotland, where he formally resigned.

During his speech, Mr Johnson highlighted his government’s record on delivering Brexit, supporting Ukraine and the Covid-19 vaccine roll-out. He was watched by a group of loyal Conservative MPs, members of staff and his wife Carrie.

He said the "the baton will finally be turned over in what has expectedly turned out to be a relay race".

Mr Johnson offered his resignation to the queen shortly after noon and updated his Twitter bio to describe himself as a "former prime minister". He was succeeded by Liz Truss who was sworn in by the queen, 96, at her retreat in Aberdeenshire this afternoon, having beaten Rishi Sunak in the Conservative Party leadership contest on Monday.

While Mr Johnson urged Conservative Party members to reunite behind the new leader, he could not resist making a dig at those who ousted him, saying "they changed the rules half way through, never mind that now".

Mr Johnson's speech came two months after he announced his resignation after several Cabinet ministers resigned and he was rocked by months of scandals.

The queen, who has appeared frail in recent months and has missed several public engagements, opted to remain in Scotland instead of travelling to London for the occasion. It is believed to be the first time in the monarch’s 70-year reign that she has conducted the ceremony away from Buckingham Palace.

Mr Johnson paid tribute to his successor Ms Truss in his speech, saying with her at the helm of "this compassionate Conservative government", everything would be done to get people through the cost of living crisis this winter. In an attempt to offer hope to British households facing a "tough time" with rising energy bills, he said "this country will endure it and we will win".

Boris Johnson is greeted by the Queen Elizabeth II's equerry Lt Col Tom White and her private secretary Sir Edward Young as he arrives to formally resign as prime minister at Balmoral Castle in Scotland on Tuesday. Getty Images
Boris Johnson is greeted by the Queen Elizabeth II's equerry Lt Col Tom White and her private secretary Sir Edward Young as he arrives to formally resign as prime minister at Balmoral Castle in Scotland on Tuesday. Getty Images

He also took a swipe at Russia President Vladimir Putin and his "vicious war" on Ukraine, blaming him for restricting gas supplies which has caused energy prices to soar.

"And if Putin thinks that he can succeed by blackmailing or bullying the British people, then he is utterly deluded," he added.

Ms Truss's first act as prime minister is expected to be a freeze on energy bills.

Boris Johnson and his wife Carrie Johnson outside No 10 Downing Street on Tuesday. AFP
Boris Johnson and his wife Carrie Johnson outside No 10 Downing Street on Tuesday. AFP

As Mr Johnson prepared to bid farewell, heckles could be heard from a crowd of protesters gathered outside the gates of Downing Street.

In a typical Mr Johnson speech laced with one-liners, he praised his administration, saying it had reduced crime and channelled funding into schools and hospitals.

He added that government had also managed to drive unemployment down to levels not seen since he was a 10-year-old boy "bouncing around on a space hopper".

He joked about his post-prime ministerial future, alluding to plans for a getaway, but pledged to offer Ms Truss's government "my most fervent support".

"On the subject of bouncing around in future careers, let me say that I am now like one of those booster rockets that has fulfilled its function and I will now be gently re-entering the atmosphere and splashing down invisibly in some remote and obscure corner of the Pacific," he said.

He said that if his dog Dilyn and Larry, the domestic cat who lives in No 10, could manage to put their differences aside, then so could MPs in the divided Tory party.

The outgoing leader emphasised his administration's help for Ukraine after the Russian invasion in February. He said the “early supplies of weapons to the heroic Ukrainian Armed Forces” might “very well have helped change the course of the biggest European war of 80 years”.

Tory MPs cheered as Mr Johnson finished his address.

Mr Johnson held his wife’s hand and shook hands with officials as he left the street to rapturous applause. Rachel Johnson, Mr Johnson's sister, was among those who turned up to show their support.

Mr Johnson delivered his speech to the nation at 7.30am (10.30am UAE) to allow enough time to travel to Scotland to meet the queen before returning to London.

Ms Truss will be handed the keys to her new home in Downing Street on Tuesday and is expected to make a speech outside the residence.

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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.

Buy farm-fresh food

The UAE is stepping up its game when it comes to platforms for local farms to show off and sell their produce.

In Dubai, visit Emirati Farmers Souq at The Pointe every Saturday from 8am to 2pm, which has produce from Al Ammar Farm, Omar Al Katri Farm, Hikarivege Vegetables, Rashed Farms and Al Khaleej Honey Trading, among others. 

In Sharjah, the Aljada residential community will launch a new outdoor farmers’ market every Friday starting this weekend. Manbat will be held from 3pm to 8pm, and will host 30 farmers, local home-grown entrepreneurs and food stalls from the teams behind Badia Farms; Emirates Hydroponics Farms; Modern Organic Farm; Revolution Real; Astraea Farms; and Al Khaleej Food. 

In Abu Dhabi, order farm produce from Food Crowd, an online grocery platform that supplies fresh and organic ingredients directly from farms such as Emirates Bio Farm, TFC, Armela Farms and mother company Al Dahra. 

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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

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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Updated: September 06, 2022, 1:11 PM