UK Prime Minister Rishi Sunak is set for a crucial ballot box test as Labour seeks major gains in Thursday's local elections.
The Conservative leader is under pressure to perform well as his party continues to trail the opposition in opinion polls.
Issues at the forefront of voters’ minds include the government’s response to the cost-of-living crisis, the state of the National Health Service and cross-sector strikes that have disrupted the lives of millions of people. Local issues such as planning and transport also feature high on the list, according to a recent Ipsos survey.
Labour leader Keir Starmer on Wednesday used home ownership as his latest weapon to condemn the Tories’ record after 13 years in power. During Prime Minister’s Questions in parliament, he accused the ruling party of committing “economy vandalism” by causing rising mortgage payments.
“It’s not just those who already own their home that are counting the cost of Tory recklessness, the average deposit for a first-time buyer is going up to £9,000 [$11,260],” Mr Starmer said.
Mr Sunak countered by saying his government has introduced a “95 per cent mortgage guarantee scheme” and is “helping people in social housing own their own home through our first homes and our shared home ownership schemes”.
In a personal dig at the Prime Minister, Mr Starmer said it would take an average person four years to save £9,000, which is “roughly the annual bill to heat his swimming pool”.
Mr Sunak in turn took aim at Labour’s record on house building, claiming former London mayor Boris Johnson outperformed his successor Sadiq Khan on the issue.
“In London, the former Conservative mayor [Mr Johnson] built 60,000 affordable homes in his first five years in office, how many did the current Labour mayor manage? Half of that,” Mr Sunak said.
Labour, he said, stood for “higher council tax, higher crime and a litany of broken promises”.
“Meanwhile, we’re getting on with delivering what we say, with lower council tax, lower crime and fewer potholes,” he added.
The elections will take place in every region of England, excluding London, and will give about 70 per cent of the electorate the opportunity to cast their vote. More than 8,000 council seats across 230 authorities are up for grabs.
After last year’s political upheaval, in which there were three Tory prime ministers in as many months, voters’ trust in the ruling party plummeted.
Mr Starmer’s party has an 18-point lead over the Conservatives in the latest opinion polls.
The former director of public prosecutions is believed to be taking inspiration from Tony Blair’s method of leadership as part of his plan to lead a Labour government.
Political scientist Sir John Curtice has said if Labour scores a victory of more than 10 per cent over the Conservatives in the local elections, it could signal the party is on course to win the next general election. He said projected national vote share, rather than the number of council seats gained, would offer a better indication of how the electorate views Labour.
Since taking office in October, Mr Sunak has come up against mounting pressure from opposition MPs and those in his own party to address the migration crisis.
An Ipsos poll showed immigration is among the national issues most important to voters.
Fears have been raised over new rules on voter identification. For the first time, voters in England will be required to present photographic identification before casting their ballot.
Only certain types of ID — including a passport, driving licence and blue badge — will be accepted.
The Electoral Commission has estimated about 4 per cent of Britain’s population were unlikely to have a valid form of photo ID to vote — the equivalent of about two million people.
Labour MP Clive Betts warned the government “simply won’t know” how many people have been turned away from polling stations because they lack acceptable proof of identity.
He raised concerns after receiving a letter from the Electoral Commission that said data from team greeting voters outside polling stations would not allow them to “accurately quantify the wider impact of the policy”.
“It appears that the government has designed a system, which denies the prospect of sensible and co-ordinated information collection and makes it almost impossible to judge the true impact of the introduction of voter ID,” he said.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
ICC T20 Rankings
1. India - 270 ranking points
2. England - 265 points
3. Pakistan - 261 points
4. South Africa - 253 points
5. Australia - 251 points
6. New Zealand - 250 points
7. West Indies - 240 points
8. Bangladesh - 233 points
9. Sri Lanka - 230 points
10. Afghanistan - 226 points
Favourite book: ‘The Art of Learning’ by Josh Waitzkin
Favourite film: Marvel movies
Favourite parkour spot in Dubai: Residence towers in Jumeirah Beach Residence
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Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
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Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
The bio
Favourite book: The Alchemist by Paulo Coelho
Favourite travel destination: Maldives and south of France
Favourite pastime: Family and friends, meditation, discovering new cuisines
Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.
Favourite Author: My father for sure
Favourite Artist: Damien Hurst
The specs: 2018 Ducati SuperSport S
Price, base / as tested: Dh74,900 / Dh85,900
Engine: 937cc
Transmission: Six-speed gearbox
Power: 110hp @ 9,000rpm
Torque: 93Nm @ 6,500rpm
Fuel economy, combined: 5.9L / 100km
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Sholto Byrnes on Myanmar politics
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Empty Words
By Mario Levrero
(Coffee House Press)
Company%20profile
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