Britain's Defence Secretary Ben Wallace watches Ukrainian troops being trained by the British Army at Bovington Camp, south-west England, on February 22. AFP
Britain's Defence Secretary Ben Wallace watches Ukrainian troops being trained by the British Army at Bovington Camp, south-west England, on February 22. AFP
Britain's Defence Secretary Ben Wallace watches Ukrainian troops being trained by the British Army at Bovington Camp, south-west England, on February 22. AFP
Britain's Defence Secretary Ben Wallace watches Ukrainian troops being trained by the British Army at Bovington Camp, south-west England, on February 22. AFP

Ben Wallace 'confident' defence budget will meet British Armed Forces' needs


Laura O'Callaghan
  • English
  • Arabic

Britain’s Defence Secretary Ben Wallace has said he is confident Prime Minister Rishi Sunak will give the armed forces a budget big enough to meet its needs.

Mr Wallace, a former soldier, spoke after reports suggested his department would be allocated less than it had requested.

He has said defence spending needs to rise by up to £11 billion ($13.23 billion) over the next two years to cover the cost of the war in Ukraine and rising inflation.

But after talks between Chancellor of the Exchequer Jeremy Hunt and Mr Wallace, media reports suggest that figure could be between £4 billion and £5 billion.

'Give defence a 10-year budget'

Speaking at Conservative Home’s defence and security conference in Westminster on Monday, Mr Wallace appeared optimistic before the spring budget, scheduled for next Thursday.

Mr Wallace used his appearance at the gathering to stress the need for the British Army to be "match fit", given that a war is raging on the continent.

He said that the world looked set to become “more insecure, more unstable and more anxious in the next decade or two decades”.

“We need to recognise that."

As arms donations to Kyiv continue, Mr Wallace said a key task for the government was to show it is committed to restocking weapons.

Turning to procurement, he said there had been "a political lack of courage over the decades to just delete things" off order lists.

Mr Wallace said that if a particular project was not needed, "you get much greater waste by deferring" than you do by binning it.

"Deferrals might be convenient and politically a clever way of hiding and telling the public you can't have everything you want," he said.

He suggested Britain should look to its European allies for inspiration on spending.

“I think the biggest thing that the government could do [to help], and it’s been recommended on three reviews … [is] give me a 10-year budget," Mr Wallace said.

"My Italian colleagues have a 10-year budget, my German colleagues have a 10-year budget, my French colleagues have a 10-year budget. I was in Saudi [Arabia] last week and they have a 10-year budget."

His trip to Riyadh included a meeting with the Saudi Defence Minister, Prince Khalid bin Salman, after which they signed a defence agreement to strengthen their combat relationship.

Mr Wallace said he was proud of the difference the UK had made in helping Ukraine to defend itself against invading forces.

But he added: “We must invest in the future as well and learn the lessons from what we’re seeing on the battlefield to make sure we are match fit [going] towards whatever happens next.”

Putin bogged down in quagmire

More than a year after the Kremlin ordered the full-scale invasion of Ukraine, Russian President Vladimir Putin “is in a difficult position”, Mr Wallace said.

He highlighted Moscow selling oil and gas to China at a 25 per cent discount as a sign of Mr Putin’s desperation.

“That makes Russia dependent on China in the way that it is desperately wanting to avoid,” Mr Wallace said.

The war in Ukraine, which Russia calls a “special military operation”, and western sanctions have dealt heavy blows to the Russian economy.

Mr Wallace said Mr Putin “has lost well over 188,000 soldiers” in Ukraine and has enjoyed only minimal territorial gains.

“So he is in a difficult position,” he said. “Yes, he has captured a small amount of territory [but] he has had to drop back [in other areas].”

The figure mentioned by Mr Wallace was similar to an estimate given by US intelligence in January, albeit that referred to both dead and injured Russian troops.

He predicted the Russian leader would “settle down for the long haul because that’s his only option, he has no other option apart from international escalation, which we all worry about [and] we work to mitigate”.

Repeating the Conservative government’s pledge to stand by Kyiv no matter how long the war drags on, he said: “We’re with Ukraine to the end.

“At the end, I think, is the expulsion of Russia from Ukraine and indeed forcing Russia into some form of negotiation … when Ukraine is in a position of strength and it gets to choose what it wants to do with its future."

Nato allies’ donations of “nearly 200 tanks across the board” to Ukraine has sent a “pretty strong statement” to Russia about the transatlantic alliance’s support for Kyiv's war efforts, Mr Wallace said.

Support for Ukraine on anniversary of Russian invasion - in pictures

  • Supporters hold a Ukrainian flag at a solidarity march to mark the first anniversary of the Russian invasion of Ukraine, in Budapest, Hungary. Reuters
    Supporters hold a Ukrainian flag at a solidarity march to mark the first anniversary of the Russian invasion of Ukraine, in Budapest, Hungary. Reuters
  • A protest to mark the one-year anniversary of the Russian invasion of Ukraine, in Berlin. Reuters
    A protest to mark the one-year anniversary of the Russian invasion of Ukraine, in Berlin. Reuters
  • Supporters in front of Helsinki Cathedral during Light for Ukraine candlelight memorial event at Senate Square in Helsinki, Finland. Reuters
    Supporters in front of Helsinki Cathedral during Light for Ukraine candlelight memorial event at Senate Square in Helsinki, Finland. Reuters
  • Representatives stand for a moment of silence during the United Nations Security Council meeting on the maintenance of peace and security of Ukraine at the UN headquarters in New York. AFP
    Representatives stand for a moment of silence during the United Nations Security Council meeting on the maintenance of peace and security of Ukraine at the UN headquarters in New York. AFP
  • Britain's Prime Minister Rishi Sunak and his wife Akshata Murty, with Ukrainian ambassador to the UK Vadym Prystaiko, centre, his wife Inna and members of the Ukrainian Armed Forces outside 10 Downing Street in London, as they observe a minute's silence. AP
    Britain's Prime Minister Rishi Sunak and his wife Akshata Murty, with Ukrainian ambassador to the UK Vadym Prystaiko, centre, his wife Inna and members of the Ukrainian Armed Forces outside 10 Downing Street in London, as they observe a minute's silence. AP
  • The Portuguese Parliament is lit with the blue and yellow of the Ukrainian flag, in Lisbon AP
    The Portuguese Parliament is lit with the blue and yellow of the Ukrainian flag, in Lisbon AP
  • The Tokyo Metropolitan Government building is lit with the Ukraine national flag colours. Getty Images
    The Tokyo Metropolitan Government building is lit with the Ukraine national flag colours. Getty Images
  • Supporters carry Ukrainian flags during a demonstration in Bangkok. EPA
    Supporters carry Ukrainian flags during a demonstration in Bangkok. EPA
  • Ukrainian volunteers take part in prayers and observe a minute of silence, in south-east England. Getty
    Ukrainian volunteers take part in prayers and observe a minute of silence, in south-east England. Getty
  • Protesters near the Russian embassy in Seoul, South Korea. EPA
    Protesters near the Russian embassy in Seoul, South Korea. EPA
  • People lay flowers at a monument of Ukrainian poet, writer, artist, public and political figure Taras Shevchenko, in Almaty, Kazakhstan. AFP
    People lay flowers at a monument of Ukrainian poet, writer, artist, public and political figure Taras Shevchenko, in Almaty, Kazakhstan. AFP
  • The Eiffel Tower in Paris is lit up in the colours of Ukrainian flag. EPA
    The Eiffel Tower in Paris is lit up in the colours of Ukrainian flag. EPA
  • Paris Mayor Anne Hidalgo speaks alongside the Ukrainian ambassador to France, Vadym Omelchenko, during the event. AFP
    Paris Mayor Anne Hidalgo speaks alongside the Ukrainian ambassador to France, Vadym Omelchenko, during the event. AFP
  • Watching video-mapping on the Czech Interior Ministry building, in Prague. EPA
    Watching video-mapping on the Czech Interior Ministry building, in Prague. EPA
  • A woman expresses her solidarity with Ukraine at the Czech National Theatre, in Prague. EPA
    A woman expresses her solidarity with Ukraine at the Czech National Theatre, in Prague. EPA
  • Activists place candles forming the peace sign in front of the Brandenburg Gate, in Berlin. AP
    Activists place candles forming the peace sign in front of the Brandenburg Gate, in Berlin. AP
  • A police officer raises the Ukrainian flag in front of the state parliament of Saxony-Anhalt in Magdeburg, Germany. AP
    A police officer raises the Ukrainian flag in front of the state parliament of Saxony-Anhalt in Magdeburg, Germany. AP
  • A Vilnius University building is illuminated in blue and yellow in support of Ukraine, in Vilnius, Lithuania. AP
    A Vilnius University building is illuminated in blue and yellow in support of Ukraine, in Vilnius, Lithuania. AP
  • Ukrainian flags placed over the graves of fallen Ukrainian soldiers in a military cemetery in Kharkiv, north-eastern Ukraine. EPA
    Ukrainian flags placed over the graves of fallen Ukrainian soldiers in a military cemetery in Kharkiv, north-eastern Ukraine. EPA
  • A commemoration event with a light installation at the Field of Mars cemetery where hundreds of Ukrainian soldiers are buried, in Lviv, western Ukraine. Getty
    A commemoration event with a light installation at the Field of Mars cemetery where hundreds of Ukrainian soldiers are buried, in Lviv, western Ukraine. Getty
  • Friends and relatives of fallen Ukrainian soldiers take part in a prayer as Rays of Memory illuminate the night sky over Lychakiv military cemetery in Lviv. EPA
    Friends and relatives of fallen Ukrainian soldiers take part in a prayer as Rays of Memory illuminate the night sky over Lychakiv military cemetery in Lviv. EPA
  • Rays of memory illuminate the sky over Lychakiv military cemetery in Lviv. EPA
    Rays of memory illuminate the sky over Lychakiv military cemetery in Lviv. EPA
  • The National Opera of Ukraine building illuminated by Swiss artist Gerry Hofstetter in the colours of the Ukrainian flag, in Kyiv. Getty
    The National Opera of Ukraine building illuminated by Swiss artist Gerry Hofstetter in the colours of the Ukrainian flag, in Kyiv. Getty
  • A woman takes selfies in front of The National Opera of Ukraine, illuminated by Swiss artist Gerry Hofstetter. Getty
    A woman takes selfies in front of The National Opera of Ukraine, illuminated by Swiss artist Gerry Hofstetter. Getty
  • A candlelit vigil in front of the Russian consulate, in New York. Reuters
    A candlelit vigil in front of the Russian consulate, in New York. Reuters
  • Candles lit outside the Russian consulate in New York during a vigil to commemorate children killed in Ukraine. AFP
    Candles lit outside the Russian consulate in New York during a vigil to commemorate children killed in Ukraine. AFP
  • A silent candlelit vigil in New York. Reuters
    A silent candlelit vigil in New York. Reuters
  • A Trafalgar Square vigil organised by the Ukrainian and US embassies in London. AP
    A Trafalgar Square vigil organised by the Ukrainian and US embassies in London. AP
  • A vigil for Ukraine at Trafalgar Square in London. Reuters
    A vigil for Ukraine at Trafalgar Square in London. Reuters
  • The Trafalgar Square vigil. Reuters
    The Trafalgar Square vigil. Reuters
  • Crowds gather at Trafalgar Square. AP
    Crowds gather at Trafalgar Square. AP
  • The Ukrainian ambassador to the UK, Vadym Prystaiko, addresses the London vigil. Reuters
    The Ukrainian ambassador to the UK, Vadym Prystaiko, addresses the London vigil. Reuters
  • British Defence Secretary Ben Wallace speaks at the vigil. PA
    British Defence Secretary Ben Wallace speaks at the vigil. PA
  • Actress and activist Helen Mirren addresses the London vigil. PA
    Actress and activist Helen Mirren addresses the London vigil. PA
  • Teddy bears and other toys left by Ukrainian refugees and members of the Avaaz global activist network at Schuman Roundabout, in front of the European Commission, in Brussels. AP
    Teddy bears and other toys left by Ukrainian refugees and members of the Avaaz global activist network at Schuman Roundabout, in front of the European Commission, in Brussels. AP
  • The EU Council and Commission buildings illuminated in the colours of the Ukrainian flag. EPA
    The EU Council and Commission buildings illuminated in the colours of the Ukrainian flag. EPA
  • Governor of the National Bank of Ukraine Andriy Pyshnyi holds banknotes marking the first anniversary of Russia's invasion on Ukraine, in Kyiv. Reuters
    Governor of the National Bank of Ukraine Andriy Pyshnyi holds banknotes marking the first anniversary of Russia's invasion on Ukraine, in Kyiv. Reuters
  • Supporters gather at St Mary's Cathedral Square during the 365 Days Strong rally and candlelight vigil in Sydney. Getty
    Supporters gather at St Mary's Cathedral Square during the 365 Days Strong rally and candlelight vigil in Sydney. Getty
  • France's ambassador to Ukrain Etienne de Poncins, left, and the French Culture Minister Rima Abdul-Malak visit Independence Square in central Kyiv. AFP
    France's ambassador to Ukrain Etienne de Poncins, left, and the French Culture Minister Rima Abdul-Malak visit Independence Square in central Kyiv. AFP
What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

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Uefa Champions League semi-final, second leg result:

Ajax 2-3 Tottenham

Tottenham advance on away goals rule after tie ends 3-3 on aggregate

Final: June 1, Madrid

Cricket World Cup League 2 Fixtures

Saturday March 5, UAE v Oman, ICC Academy (all matches start at 9.30am)

Sunday March 6, Oman v Namibia, ICC Academy

Tuesday March 8, UAE v Namibia, ICC Academy

Wednesday March 9, UAE v Oman, ICC Academy

Friday March 11, Oman v Namibia, Sharjah Cricket Stadium

Saturday March 12, UAE v Namibia, Sharjah Cricket Stadium

UAE squad

Ahmed Raza (captain), Chirag Suri, Muhammad Waseem, CP Rizwan, Vriitya Aravind, Asif Khan, Basil Hameed, Rohan Mustafa, Kashif Daud, Zahoor Khan, Junaid Siddique, Karthik Meiyappan, Akif Raja, Rahul Bhatia

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Roll of Honour

Who has won what so far in the West Asia rugby season?

 

Western Clubs Champions League

Winners: Abu Dhabi Harlequins

Runners up: Bahrain

 

Dubai Rugby Sevens

Winners: Dubai Exiles

Runners up: Jebel Ali Dragons

 

West Asia Premiership

Winners: Jebel Ali Dragons

Runners up: Abu Dhabi Harlequins

 

UAE Premiership Cup

Winners: Abu Dhabi Harlequins

Runners up: Dubai Exiles

 

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Friday

West Asia Cup final

5pm, Bahrain (6pm UAE time), Bahrain v Dubai Exiles

 

West Asia Trophy final

3pm, The Sevens, Dubai Hurricanes v Dubai Sports City Eagles

 

Friday, April 13

UAE Premiership final

5pm, Al Ain, Dubai Exiles v Abu Dhabi Harlequins

UAE currency: the story behind the money in your pockets
How it works

1) The liquid nanoclay is a mixture of water and clay that aims to convert desert land to fertile ground

2) Instead of water draining straight through the sand, it apparently helps the soil retain water

3) One application is said to last five years

4) The cost of treatment per hectare (2.4 acres) of desert varies from $7,000 to $10,000 per hectare 

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How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

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'Worse than a prison sentence'

Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.

“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.

“They were living in perpetual mystery as to how their futures would pan out, and what that would be.

“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.

“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.

“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”

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Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


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