Conservative leadership candidate Rishi Sunak has said he personally intervened to stop Britain going back into lockdown when the Omicron variant fuelled a wave of coronavirus cases last Christmas.
Mr Sunak, chancellor at the time, said he flew home from abroad and “fought very hard against the system” when ministers were allegedly “hours away” from announcing new restrictions.
The government eventually decided against new measures for England, a decision seen by ministers as vindicated when worst-case predictions did not come to pass. Some restrictions were introduced in Scotland, Wales and Northern Ireland.
The opposition had questioned Mr Sunak's whereabouts and accused him of being “missing in action” as concern over Omicron mounted, until he landed back in Britain from the US on December 17.
He told LBC radio on Thursday: “What I did in December was fly back from a government trip I was on overseas and I flew back to this country to stop us sleepwalking into a national lockdown, because we were hours away from a press conference that was going to lock this country down again.”
“And I came back and fought very hard against the system because I believed that would be the wrong thing for this country, with all the damage it would have done to businesses, to children’s education, to people’s lives.”
His account did not go unquestioned. Reports at the time suggested Mr Sunak's rival for the leadership, Foreign Secretary Liz Truss, had also opposed new restrictions.
But Mark Harper, a lockdown sceptic on the Tory back benches, said Mr Sunak had helped stop the cabinet “being bounced into a pointless Omicron lockdown … I know Rishi was on our side.”
Ministers announced limited coronavirus measures in early December, including compulsory face masks in some places and the partial use of vaccine passports.
Some countries brought back more stringent limits on social gatherings and public events as Omicron cases mounted, but Prime Minister Boris Johnson announced on December 27 there would be no new restrictions for the time being.
The partial measures were repealed in January once cases settled down, and the last remaining domestic restrictions were scrapped in February.
Mr Sunak is now battling to overhaul an early poll lead for Ms Truss in the seven-week battle to win over the Tory membership and be elected Britain's next prime minister.
Although criticised by some for prioritising the economy over public health during the pandemic, Mr Sunak is praised by allies for having overseen the £70 billion ($84bn) furlough scheme for workers.
His resignation as chancellor this month ignited a mass ministerial mutiny that culminated in Mr Johnson announcing his resignation.
Representing%20UAE%20overseas
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company
MATCH INFO
Uefa Nations League
League A, Group 4
Spain v England, 10.45pm (UAE)
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
Fringe@Four Line-up
October 1 - Phil Nichol (stand-up comedy)
October 29 - Mandy Knight (stand-up comedy)
November 5 - Sinatra Raw (Fringe theatre)
November 8 - Imah Dumagay & Sundeep Fernandes (stand-up comedy)
November 13 - Gordon Southern (stand-up comedy)
November 22 - In Loyal Company (Fringe theatre)
November 29 - Peter Searles (comedy / theatre)
December 5 - Sinatra’s Christmas Under The Stars (music / dinner show)
UAE currency: the story behind the money in your pockets
BRAZIL%20SQUAD
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Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
'How To Build A Boat'
Jonathan Gornall, Simon & Schuster
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
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
How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
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What%20is%20Dungeons%20%26%20Dragons%3F%20
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%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Sucker%20Punch%20Productions%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Sony%20Computer%20Entertainment%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%202%20to%205%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A
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