Migrants are taken in to Dover, Kent, from a small boat in the English Channel, on February 25. PA
Migrants are taken in to Dover, Kent, from a small boat in the English Channel, on February 25. PA
Migrants are taken in to Dover, Kent, from a small boat in the English Channel, on February 25. PA
Migrants are taken in to Dover, Kent, from a small boat in the English Channel, on February 25. PA

UK plan to give migrants 'thousands to move to Rwanda voluntarily'


Soraya Ebrahimi
  • English
  • Arabic

A new UK government "voluntary" scheme could see migrants who have been refused asylum be offered thousands of pounds to move to Rwanda.

As the government struggles with a continuing parliamentary battle over its stalled deportation plan, it is understood the proposal has already been approved with Rwanda.

The new plans are separate to the government's ambition to send people to the East African nation while their claims are processed.

The scheme is designed to remove migrants who have no legal right to stay in the UK but cannot be returned to their home country, as first reported by The Times newspaper.

It will be aimed at people who do not have an outstanding asylum claim and are in a position to be relocated swiftly to Rwanda, which the government considers to be a safe third nation, it is understood.

The scheme is an extension of existing Home Office voluntary returns, under which migrants are offered financial assistance worth up to £3,000 ($3,837) to leave the UK for their country of origin.

“In the last year, 19,000 people were removed voluntarily from the UK and this is an important part of our efforts to tackle illegal migration," a Home Office representative said.

“We are exploring voluntary relocations for those who have no right to be here, to Rwanda, which stands ready to accept people who wish to rebuild their lives and cannot stay in the UK.

“This is in addition to our Safety of Rwanda Bill and Treaty which, when passed, will ensure people who come to the UK illegally are removed to Rwanda.”

The government believes the voluntary scheme can introduced quickly because it will draw on structures outlined by the agreement already in place with Rwanda and existing voluntary returns processes, it is understood.

Afghan migrant documents dangerous journey across Channel - video

Prime Minister Rishi Sunak’s legislation to revive the plan to deport some asylum seekers to Kigali is heading back to the Commons, where the government will seek to overturn amendments agreed to by the Lords.

The Safety of Rwanda (Asylum and Immigration) Bill, which suffered 10 defeats in the unelected chamber, received an unopposed third reading, although critics made clear their opposition to the “stinker” legislation.

Changes backed by the Lords include overturning the government’s bid to remove the courts from the process.

The move effectively blows a hole in the Bill, which is intended to prevent continued legal challenges to the stalled deportation scheme after the Supreme Court ruled the plan was unlawful.

The proposed legislation seeks to compel judges to regard Rwanda as safe in a bid to clear the way to send asylum seekers who cross the Channel in small boats on a one-way flight.

But the amendment agreed to by peers restores the jurisdiction of domestic courts in relation to the safety of Rwanda and enables them to intervene.

Other changes supported by peers include protection to reduce the risk of unaccompanied children being sent to Rwanda, a block on the removal of victims of modern slavery and human trafficking, and those who worked with the UK military or government overseas.

The Lords also approved amendments designed to ensure the legislation complies with the rule of law and that Parliament cannot declare Rwanda to be safe until the treaty with its promised protection is fully implemented.

Green Party peer Jenny Jones called the Bill a “stinker”, while Labour frontbencher Vernon Coaker urged “proper consideration” of the proposed changes to the “difficult and controversial” legislation.

Home Office minister Andrew Sharpe said it was “not an option for us to not act” and “without an alternative approach, more lives will be tragically lost at sea and the financial burden on the British taxpayer will grow”.

It sets the stage for an extended stand-off between the Commons and Lords, in which legislation is batted between the two Houses until agreement is reached.

The Prime Minister had previously warned the Lords against frustrating “the will of the people” by hampering the passage of the Bill, which has already been approved by MPs.

The Commons will have a chance to debate and vote on the amendments on March 18.

UAE currency: the story behind the money in your pockets

Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final

The biog

Favourite Emirati dish: Fish machboos

Favourite spice: Cumin

Family: mother, three sisters, three brothers and a two-year-old daughter

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20myZoi%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Syed%20Ali%2C%20Christian%20Buchholz%2C%20Shanawaz%20Rouf%2C%20Arsalan%20Siddiqui%2C%20Nabid%20Hassan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2037%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20Initial%20undisclosed%20funding%20from%20SC%20Ventures%3B%20second%20round%20of%20funding%20totalling%20%2414%20million%20from%20a%20consortium%20of%20SBI%2C%20a%20Japanese%20VC%20firm%2C%20and%20SC%20Venture%3C%2Fp%3E%0A
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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.”

UAE currency: the story behind the money in your pockets
Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

UAE currency: the story behind the money in your pockets

The Dictionary of Animal Languages
Heidi Sopinka
​​​​​​​Scribe

Updated: March 13, 2024, 8:34 AM