Two emails land in my inbox, only minutes apart. One is bearing the news that Shell is to move its headquarters and tax residence to London. The other is from a friend detailing the stifling bureaucracy his family firm must cope with when dealing with the EU.
It prompts a double take. A major company choosing to dump the Netherlands and basing itself in the UK; this after Unilever took a similar path. That must be a sign of confidence in the post-Brexit economy. Meanwhile, a small business struggling under the weight of red tape caused by Brexit. It does not make sense.
To compound the point about Shell, soon after the announcement broke, Kwasi Kwarteng, the UK business and energy secretary, tweeted that the oil giant’s decision was “a clear vote of confidence in the British economy”. Analysts at Redburn, the equity research house, hailed it as “a clear post-Brexit win for the UK”.
The fact that Shell is headed by a Dutchman, Ben van Beurden, and that one effect of the move will be the dropping of the “Royal Dutch” part of its name, only added to the British flag-waving. Closer inspection, however, reveals it is not quite as billed.
Shell is not exactly relocating lock, stock and barrel from The Hague; this is not the same as a business uprooting its operations in one country and shifting to another. It will still maintain a large presence in the Netherlands. It is more of a paper move, only affecting a small number of back-office support roles.
Ever since it was formed in 1907 from the merger of the Royal Dutch Petroleum Company and the Shell Transport and Trading Company, Royal Dutch Shell has had a convoluted dual structure. Its head office is in the Netherlands but it is registered in London. Unilever, the consumer goods supplier, was also created the same way, via an Anglo-Dutch marriage.
Both companies and another Anglo-Dutch combine, Relx, the former Reed Elsevier, have decided to simplify affairs, to be run from one place with one set of shareholders. Unilever toyed with going to the Netherlands but decided to remain in the UK; Shell and Relx have switched from the Netherlands to the UK.
It is no coincidence that all three are Anglo-Dutch. The main reason they give is because the Dutch impose a withholding tax on dividends. But it goes deeper than that. The Netherlands is perceived by many at the top of the international business community to be a more awkward environment in which to operate than the UK.
The green lobby is stronger and more hostile, (no small consideration when you’re a fossil fuels producer) and enjoys greater support from pension funds and institutional investors. Workers have a louder voice in how affairs are managed. Seeking approval for deals can take longer.
In short, Dutch society, steered by its politicians, is seen – rightly or wrongly – as being less amenable to capitalism.
Shell and the others are wishing to make life easier, to afford themselves greater flexibility and speed. In terms of a major jobs dividend for the UK, there is none. It is a badge of honour for the UK, that is true (and if the moves went the other way there would be anger and dismay) but to say it is down to Brexit is incorrect.
It is more to do with the sheer inconvenience and cost of keeping a dual structure, coupled with frustrations regarding the Netherlands.
Nevertheless, there’s a feeling that some EU countries are instinctively not so pro-business, an image that the free-wheeling Boris Johnson and his colleagues like to foment – with the Netherlands being one of them.
There’s a feeling that some EU countries are instinctively not so pro-business
The problem is that at the other end of the UK corporate spectrum, among smaller businesses, that more relaxed, laissez-faire approach on high translates into a government that simply does not appear to care about the day-to-day difficulties imposed by Brexit.
Unlike their larger brethren, these enterprises do not have entire departments specialising in trading with the EU. When withdrawal loomed, the bigger players set about training their staff for the new world; that simply did not happen lower down. If there are forms to be completed those managing the firm very often must do it themselves, along with the myriad tasks they’re required to fulfil. This, do not forget, when there was no form-filling pre-Brexit.
So, the other email that arrived shortly after the one about Shell was from a pal who is involved in the management of his family’s jewellery business. They are now bogged down, he said to me recently, “in endless paperwork and huge processes with customs and courier companies”.
Older members of his family “remember when trade was last this difficult. It was in the 1960s. All the things that became progressively easier after we joined the EU have now been removed.”
They could use suppliers based elsewhere, outside the EU, but have not been able to find one that is suitable, plus they like to deal with the suppliers they’ve built up relationships with over decades.
To show what he means, he emails a FedEx shipment form. It is so the company can import some jewellery from Germany.
To clear customs they must include the following information:
– Reason for import – why are the goods entering the UK, eg, home use, after repair, for repair, exhibition, GB returns, etc. If they’re returns, they must be within three years and evidence of their export is required
– Clear description and tariff heading if available
– Harmonisation code [a special EU code that has to be looked up and typed in]
– Confirmation of market value (plus repair charges if applicable)
“This is the daily impact of Brexit,” he says. “We now have to email this information, separately, for each order to each parcel delivery service.
“On days where we receive a dozen packages from the EU, this pointless bureaucracy takes two hours: 25 per cent of someone's working day. For a value-subtract process that achieves nothing. We are wasting wages to achieve nothing.”
He adds: “This process cannot be automated by email. And each courier has their own (and sometimes variable) format. There was no such process prior to Brexit.”
This experience is being repeated everywhere. This, and not Shell, is the reality of Brexit; and it is this that Mr Kwarteng should be doing his utmost to resolve.
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Match info
Deccan Gladiators 87-8
Asif Khan 25, Dwayne Bravo 2-16
Maratha Arabians 89-2
Chadwick Walton 51 not out
Arabians won the final by eight wickets
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
The specs: 2018 Nissan Altima
Price, base / as tested: Dh78,000 / Dh97,650
Engine: 2.5-litre in-line four-cylinder
Power: 182hp @ 6,000rpm
Torque: 244Nm @ 4,000rpm
Transmission: Continuously variable tranmission
Fuel consumption, combined: 7.6L / 100km
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
UAE currency: the story behind the money in your pockets
Match info
Costa Rica 0
Serbia 1
Kolarov (56')
KYLIAN MBAPPE 2016/17 STATS
Ligue 1: Appearances - 29, Goals - 15, Assists - 8
UCL: Appearances - 9, Goals - 6
French Cup: Appearances - 3, Goals - 3
France U19: Appearances - 5, Goals - 5, Assists - 1
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
UAE currency: the story behind the money in your pockets
Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
In the Restaurant: Society in Four Courses
Christoph Ribbat
Translated by Jamie Searle Romanelli
Pushkin Press
57%20Seconds
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Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
Traits of Chinese zodiac animals
Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent
HIJRA
Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy
Director: Shahad Ameen
Rating: 3/5
UAE WARRIORS RESULTS
Featherweight
Azouz Anwar (EGY) beat Marcelo Pontes (BRA)
TKO round 2
Catchweight 90kg
Moustafa Rashid Nada (KSA) beat Imad Al Howayeck (LEB)
Split points decision
Welterweight
Gimbat Ismailov (RUS) beat Mohammed Al Khatib (JOR)
TKO round 1
Flyweight (women)
Lucie Bertaud (FRA) beat Kelig Pinson (BEL)
Unanimous points decision
Lightweight
Alexandru Chitoran (ROU) beat Regelo Enumerables Jr (PHI)
TKO round 1
Catchweight 100kg
Marc Vleiger (NED) beat Mohamed Ali (EGY)
Rear neck choke round 1
Featherweight
James Bishop (NZ) beat Mark Valerio (PHI)
TKO round 2
Welterweight
Abdelghani Saber (EGY) beat Gerson Carvalho (BRA)
TKO round 1
Middleweight
Bakhtiyar Abbasov (AZE) beat Igor Litoshik (BLR)
Unanimous points decision
Bantamweight
Fabio Mello (BRA) beat Mark Alcoba (PHI)
Unanimous points decision
Welterweight
Ahmed Labban (LEB) v Magomedsultan Magomedsultanov (RUS)
TKO round 1
Bantamweight
Trent Girdham (AUS) beat Jayson Margallo (PHI)
TKO round 3
Lightweight
Usman Nurmagomedov (RUS) beat Roman Golovinov (UKR)
TKO round 1
Middleweight
Tarek Suleiman (SYR) beat Steve Kennedy (AUS)
Submission round 2
Lightweight
Dan Moret (USA) v Anton Kuivanen (FIN)
TKO round 2
UAE currency: the story behind the money in your pockets
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South Africa v India schedule
Tests: 1st Test Jan 5-9, Cape Town; 2nd Test Jan 13-17, Centurion; 3rd Test Jan 24-28, Johannesburg
ODIs: 1st ODI Feb 1, Durban; 2nd ODI Feb 4, Centurion; 3rd ODI Feb 7, Cape Town; 4th ODI Feb 10, Johannesburg; 5th ODI Feb 13, Port Elizabeth; 6th ODI Feb 16, Centurion
T20Is: 1st T20I Feb 18, Johannesburg; 2nd T20I Feb 21, Centurion; 3rd T20I Feb 24, Cape Town
Quick pearls of wisdom
Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”
Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.”
MATCH DETAILS
Barcelona 0
Slavia Prague 0
The 10 Questions
- Is there a God?
- How did it all begin?
- What is inside a black hole?
- Can we predict the future?
- Is time travel possible?
- Will we survive on Earth?
- Is there other intelligent life in the universe?
- Should we colonise space?
- Will artificial intelligence outsmart us?
- How do we shape the future?
The Bio
Favourite Emirati dish: I have so many because it has a lot of herbs and vegetables. Harees (oats with chicken) is one of them
Favourite place to go to: Dubai Mall because it has lots of sports shops.
Her motivation: My performance because I know that whatever I do, if I put the effort in, I’ll get results
During her free time: I like to drink coffee - a latte no sugar and no flavours. I do not like cold drinks
Pet peeve: That with every meal they give you a fries and Pepsi. That is so unhealthy
Advice to anyone who wants to be an ironman: Go for the goal. If you are consistent, you will get there. With the first one, it might not be what they want but they should start and just do it
Why are asylum seekers being housed in hotels?
The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.
A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.
Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.
The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.
When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.
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Test
Director: S Sashikanth
Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan
Star rating: 2/5
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
A list of the animal rescue organisations in the UAE
Is it worth it? We put cheesecake frap to the test.
The verdict from the nutritionists is damning. But does a cheesecake frappuccino taste good enough to merit the indulgence?
My advice is to only go there if you have unusually sweet tooth. I like my puddings, but this was a bit much even for me. The first hit is a winner, but it's downhill, slowly, from there. Each sip is a little less satisfying than the last, and maybe it was just all that sugar, but it isn't long before the rush is replaced by a creeping remorse. And half of the thing is still left.
The caramel version is far superior to the blueberry, too. If someone put a full caramel cheesecake through a liquidiser and scooped out the contents, it would probably taste something like this. Blueberry, on the other hand, has more of an artificial taste. It's like someone has tried to invent this drink in a lab, and while early results were promising, they're still in the testing phase. It isn't terrible, but something isn't quite right either.
So if you want an experience, go for a small, and opt for the caramel. But if you want a cheesecake, it's probably more satisfying, and not quite as unhealthy, to just order the real thing.
