New British Prime Minister Rishi Sunak has said the two priorities fighting for his attention are inflation and the migrant crisis that has seen a record number of people arrive in the country.
Mr Sunak said that while people cannot expect the state to “fix everyone's problems” inflation is his “number one enemy”.
He is also looking to earn the public’s trust after two prime ministers were forced from office, and as the country faces the cost of living price rises, war in Ukraine and warnings of a looming recession.
In an interview with The Times, he said that the financial misery and the migrant crisis were the two issues preoccupying him over the preceding 48 hours.
He defended under-fire Home Secretary Suella Braverman's controversial claim that the south coast was facing an “invasion” of migrants — but he did not use the word himself.
“What Suella was doing was conveying a sense of scale of the challenge we face, which is serious and unprecedented.
“There is no easy overnight fix to that challenge. But people should know that I'm very committed to addressing it,” he said.
Mr Sunak has vowed to rebuild trust in the government following Liz Truss's short tenure. Boris Johnson was also forced to step down earlier in the year.
He said he recognised people's anxiety about soaring mortgage repayments and said he would do “absolutely everything” he could to “grip this problem”.
“It's right we're honest about the trade-offs we face — everyone now talks about borrowing, everyone appreciates that the government cannot do everything,” he said.
Mr Sunak declined to comment on whether he stood by the Tory manifesto pledge not to raise income tax, VAT or national insurance, according to the report. “I'm not going to talk about any tax policy at all,” he said.
On Thursday, the Bank of England warned the country is facing the longest recession in a century as it hiked base rates by 0.75 percentage points to 3 per cent — their highest level in 15 years.
With many families now facing crippling rises in their monthly mortgage bills, Mr Sunak, a multimillionaire businessman, said he understood their concerns as they worried how to make ends meet.
“I absolutely recognise the anxiety that people have about mortgages. It's one of the biggest bills people have,” he said.
“So what I want to say to people is that I'm going to do absolutely everything I can to grip this problem, to limit the rise in those mortgage rates.
“I think inflation is the number one enemy, as Margaret Thatcher rightly said. Inflation has the biggest impact on those with the lowest incomes. I want to get a grip of inflation.”
With the UK facing an estimated £50 billion black hole in the public finances, Mr Sunak said it was important the government was honest with voters about the “trade-offs” the country faced in Chancellor Jeremy Hunt's forthcoming autumn statement.
Mr Sunak acknowledged that after the turmoil of Ms Truss's premiership, the Conservatives urgently needed to rebuild the trust of the public.
He pointed to his own record as chancellor — when he introduced the Covid furlough scheme — as to why people should trust him when it comes to running the economy.
“I completely acknowledge that trust has been damaged over the past few weeks and months. I realise that trust is not given, trust is earned. My job is to regain people's trust,” he said.
“The only thing that people will take away from the summer — hopefully from my track record as chancellor — I'm someone they can trust understands the economy.
“I'm someone they can have confidence in, who will manage us through what will be a difficult economic time. I've got a track record in doing it.”
Mr Sunak also spoke of the significance of becoming the first British Asian, and the first Hindu, to become Prime Minister of the UK.
“It meant a lot of things to a lot of people. As chancellor I was able to light my Diwali Diya's on the steps of Downing Street. It said something wonderful about our country that that was possible, but also that it wasn't a big deal,” he said.
“It was in a sense gosh, this is great but also that's just Britain. That's what you would expect from Britain. Hopefully it's a source of collective pride across the country.”
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Tips from the expert
Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.
- Sellers should focus on providing high-quality used goods at attractive prices to buyers.
- It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
- Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
- Be creative and look around your home for valuable items that you no longer need but might be useful to others.
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.
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
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%3Cp%3EEtihad%20Airways%20operates%20seasonal%20flights%20from%20Abu%20Dhabi%20to%20Nice%20C%C3%B4te%20d'Azur%20Airport.%20Services%20depart%20the%20UAE%20on%20Wednesdays%20and%20Sundays%20with%20outbound%20flights%20stopping%20briefly%20in%20Rome%2C%20return%20flights%20are%20non-stop.%20Fares%20start%20from%20Dh3%2C315%2C%20flights%20operate%20until%20September%2018%2C%202022.%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20Radisson%20Blu%20Hotel%20Nice%20offers%20a%20western%20location%20right%20on%20Promenade%20des%20Anglais%20with%20rooms%20overlooking%20the%20Bay%20of%20Angels.%20Stays%20are%20priced%20from%20%E2%82%AC101%20(%24114)%2C%20including%20taxes.%3C%2Fp%3E%0A%3Cp%3E%3C%2Fp%3E%0A
The%20Killer
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Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
Silent Hill f
Publisher: Konami
Platforms: PlayStation 5, Xbox Series X/S, PC
Rating: 4.5/5
AT%20A%20GLANCE
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Results
Stage seven
1. Tadej Pogacar (SLO) UAE Team Emirates, in 3:20:24
2. Adam Yates (GBR) Ineos Grenadiers, at 1s
3. Pello Bilbao (ESP) Bahrain-Victorious, at 5s
General Classification
1. Tadej Pogacar (SLO) UAE Team Emirates, in 25:38:16
2. Adam Yates (GBR) Ineos Grenadiers, at 22s
3. Pello Bilbao (ESP) Bahrain-Victorious, at 48s
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
MATCH INFO
Euro 2020 qualifier
Russia v Scotland, Thursday, 10.45pm (UAE)
TV: Match on BeIN Sports
Director: Shady Ali
Cast: Boumi Fouad , Mohamed Tharout and Hisham Ismael
Rating: 3/5
CABINET%20OF%20CURIOSITIES%20EPISODE%201%3A%20LOT%2036
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EGuillermo%20del%20Toro%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Tim%20Blake%20Nelson%2C%20Sebastian%20Roche%2C%20Elpidia%20Carrillo%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
The specs: 2018 Mazda CX-5
Price, base / as tested: Dh89,000 / Dh130,000
Engine: 2.5-litre four-cylinder
Power: 188hp @ 6,000rpm
Torque: 251Nm @ 4,000rpm
Transmission: Six-speed automatic
Fuel consumption, combined: 7.1L / 100km