Pro-immigration campaigners protest against the proposed Illegal Migration Bill outside the Houses of Parliaments in London. EPA
Pro-immigration campaigners protest against the proposed Illegal Migration Bill outside the Houses of Parliaments in London. EPA
Pro-immigration campaigners protest against the proposed Illegal Migration Bill outside the Houses of Parliaments in London. EPA
Pro-immigration campaigners protest against the proposed Illegal Migration Bill outside the Houses of Parliaments in London. EPA

Tory rebellion over migration bill partially defused by promise of talks


Gillian Duncan
  • English
  • Arabic

A rebellion by Tory MPs seeking amendments to the controversial Illegal Migration Bill has been partially defused after the UK government agreed to talks with those wanting to toughen up the controversial proposals.

Immigration Minister Robert Jenrick said he would “engage closely” with Tory colleagues to ensure the final bill “meets the requirements of all on our side of the House”.

A group of right-wing Tory MPs says the bill does not go far enough, with some calling for ministers to take the UK out of the European Convention on Human Rights to drive through tighter border controls and prevent them being stifled by the courts.

Hundreds of people gathered outside the House of Commons on Monday to protest against the bill.

The demonstration, organised by the campaign group Stand Up To Racism, took place in Parliament Square as MPs debated the legislation inside the chamber.

Former Labour leader Jeremy Corbyn spoke to protesters alongside four members of the Socialist Campaign Group of MPs.

In between speeches protesters chanted slogans and carried banners calling for refugees to be welcomed and for Home Secretary Suella Braverman to resign.

Home Office minister Chris Philp said Ms Braverman is in discussion with Tory rebels seeking to amend the bill.

A series of amendments have been tabled by MPs, some intended to toughen up the legislation, while others want ministers to open up safe and legal routes for asylum seekers to enter the UK.

“As I understand it, she (Ms Braverman) is discussing these various amendments with MPs. I am sure she is in listening mode as always,” Mr Philp told Sky News.

“But this bill is a well-designed, well-constructed bill designed to stop the boats which the public expect the government to do.”

Mr Philp played down suggestions that the government could accept amendments to the bill to establish more options for asylum seekers.

“This country has a lot of safe and legal routes established already,” he told LBC radio.

“In terms of creating more, my own view is that we should fix the illegal immigration problem first, stop the boats, as the Prime Minister has committed, and then we can add in these additional and safe and legal routes.”

Mr Philp also said he does not expect Conservative MPs seeking to strengthen the bill to put their amendments to a vote this week.

“My understanding is that the various amendments to strengthen the Bill aren't going to be pushed to a vote today or tomorrow,” he told TalkTV.

“They are being discussed between those people who proposed the amendments and the government, and the Home Secretary in particular. I know the Home Secretary is keen to make sure this bill is effective.”

Prime Minister Rishi Sunak has said he is determined to ensure that legislation to stop the migrant small boat crossings is “robust and effective” while remaining compliant with the UK's obligations under international law.

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Lt Gen Erik Petersen, deputy chief of programs, US Army, has argued it took a “three decade holiday” on modernising tanks. 

“There clearly remains a significant armoured heavy ground manoeuvre threat in this world and maintaining a world class armoured force is absolutely vital,” the general said in London last week.

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Liverpool 2 (Van Dijk 18', 24')

Brighton 1 (Dunk 79')

Red card: Alisson (Liverpool)

Gifts exchanged
  • King Charles - replica of President Eisenhower Sword
  • Queen Camilla -  Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
  • Donald Trump - hand-bound leather book with Declaration of Independence
  • Melania Trump - personalised Anya Hindmarch handbag

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.”

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Power: 503hp at 6,000rpm

Torque: 685Nm at 2,000rpm

Transmission: 8-speed auto

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Updated: March 28, 2023, 9:17 AM