Passengers will face cancelled and delayed trains on Saturday as rail workers across the network walk out for the latest day of strike action in a long-running fight over pay and conditions.
Football fans and families travelling for pleasure are expected to have to find alternative means of travel.
Between 40 and 50 per cent of trains nationally are expected to run, but there will be wide variations across the network, with no services at all in some areas.
The UK has seen months of strikes over pay across a number of sectors, including health care, airports and education, as the cost-of-living crisis leads inflation past 10 per cent.
Members of the Rail, Maritime and Transport union at 14 train operators will walk out again on Saturday.
RMT members were also on strike on Thursday and more stoppages are planned for March 30 and April 1.
“The private rail companies are in complete chaos, unable to make an improved offer to resolve our dispute and demonstrably failing to run the railways when we’re not on strike,” union general secretary Mick Lynch said.
“FirstGroup in particular is like an out-of-control wrecking ball, only fit to make money for its City bosses.
“Avanti and TransPennine Express are both an abject disgrace but their owners made £90 million out of the railways in dividends over the last two years despite running appalling levels of service.
“The Rail Delivery Group (RDG) need to sort themselves out and settle our dispute with an improved offer and then the Government needs to nationalise both Avanti and TransPennine Express.
“They are incapable of providing a decent service to passengers and the sooner they are brought into public ownership the better.”
The RMT said that more than 20,000 workers will be taking strike action.
Passengers were warned to check before travelling on Saturday. Services may also be disrupted on Sunday morning as much of the rolling stock will not be in the right depots.
“This latest round of strikes will be a further inconvenience to our customers, who have already experienced months of disruption, and cost our people even more money at a time they can least afford it,” said Steve Montgomery, of the RDG.
“They will also be asking why the RMT leadership blocked the chance to resolve this dispute by refusing to give their members — many of whom would have benefited from a 13 per cent increase — a say on their own deal.
“Unfortunately, while we will pull out all the stops to keep as many trains running as possible, there will be reduced services across many parts of the rail network on strike days, so our advice is to check before you travel.”
Earlier this week, train drivers, junior doctors, teachers, civil servants and London Underground workers walked out as part of continuing, different protests over pay.
On Thursday, unions representing more than 1,000 passport office workers said they would go on strike for five weeks before the summer travel season.
Security staff at London's Heathrow Airport will strike for 10 days during the busy Easter bank holiday period.
The strike involves security guards employed at Terminal Five, which is used exclusively by British Airways, and campus security guards who are responsible for checking all cargo that enters the airport.
Junior doctors' leaders on Friday became the latest union to agree to suspend industrial action and accept an offer of pay talks with the Government.
The Department of Health said the British Medical Association had agreed to enter negotiations on the same terms as unions representing nurses, ambulance staff and other NHS workers in talks, which concluded this week.
Nurses have suspended further planned strikes after a revised pay offer from managers.
The six points:
1. Ministers should be in the field, instead of always at conferences
2. Foreign diplomacy must be left to the Ministry of Foreign Affairs and International Co-operation
3. Emiratisation is a top priority that will have a renewed push behind it
4. The UAE's economy must continue to thrive and grow
5. Complaints from the public must be addressed, not avoided
6. Have hope for the future, what is yet to come is bigger and better than before
The biog
Favourite film: Motorcycle Dairies, Monsieur Hulot’s Holiday, Kagemusha
Favourite book: One Hundred Years of Solitude
Holiday destination: Sri Lanka
First car: VW Golf
Proudest achievement: Building Robotics Labs at Khalifa University and King’s College London, Daughters
Driverless cars or drones: Driverless Cars
How Islam's view of posthumous transplant surgery changed
Transplants from the deceased have been carried out in hospitals across the globe for decades, but in some countries in the Middle East, including the UAE, the practise was banned until relatively recently.
Opinion has been divided as to whether organ donations from a deceased person is permissible in Islam.
The body is viewed as sacred, during and after death, thus prohibiting cremation and tattoos.
One school of thought viewed the removal of organs after death as equally impermissible.
That view has largely changed, and among scholars and indeed many in society, to be seen as permissible to save another life.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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%3Cp%3EAuthor%3A%20Salha%20Al%20Busaidy%3C%2Fp%3E%0A%3Cp%3EPages%3A%20316%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%20The%20Dreamwork%20Collective%C2%A0%3C%2Fp%3E%0A
COMPANY PROFILE
Name: N2 Technology
Founded: 2018
Based: Dubai, UAE
Sector: Startups
Size: 14
Funding: $1.7m from HNIs
SPECS
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ENGLAND SQUAD
Goalkeepers: Jack Butland, Jordan Pickford, Nick Pope
Defenders: John Stones, Harry Maguire, Phil Jones, Kyle Walker, Kieran Trippier, Gary Cahill, Ashley Young, Danny Rose, Trent Alexander-Arnold
Midfielders: Eric Dier, Jordan Henderson, Dele Alli, Jesse Lingard, Raheem Sterling, Ruben Loftus-Cheek, Fabian Delph
Forwards: Harry Kane, Jamie Vardy, Marcus Rashford, Danny Welbeck
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5