Prime Minister Rishi Sunak speaking to the media during his visit to Shell St Fergus Gas Plant in Peterhead, Aberdeenshire. PA
Prime Minister Rishi Sunak speaking to the media during his visit to Shell St Fergus Gas Plant in Peterhead, Aberdeenshire. PA
Prime Minister Rishi Sunak speaking to the media during his visit to Shell St Fergus Gas Plant in Peterhead, Aberdeenshire. PA
Prime Minister Rishi Sunak speaking to the media during his visit to Shell St Fergus Gas Plant in Peterhead, Aberdeenshire. PA

Rishi Sunak rejects referendum on 2050 net-zero economy pledge


Soraya Ebrahimi
  • English
  • Arabic

Prime Minister Rishi Sunak has ruled out the suggestion of a referendum on the pledge to have a net-zero economy by 2050, saying he is “committed” to reducing carbon emissions.

The target could be achieved in a “proportionate and pragmatic way” without stinging the public’s pocket, Mr Sunak said.

Following his party's success in last month’s Uxbridge and South Ruislip by-election, during which local campaigners tapped into anger over the expansion of the ultra low emission zone (Ulez), some backbench MPs have called on the government to review other green policies.

Since the shock win in Boris Johnson’s former seat, Mr Sunak has signalled he is on the side of motorists and used a visit to Scotland to announce plans to grant more than 100 new licences for oil and gas extraction in the North Sea.

The Conservative Party leader has insisted that, despite concerns raised by the likes of former Conservative environment minister Lord Goldsmith about the Prime Minister’s green ambitions, he is working towards the 2050 net-zero target.

Speaking to ITV News in Leicester on Wednesday, Mr Sunak said: “I’m committed to net zero.

“I have two young daughters, I care about the environment that we – I – leave them.

“My job is to leave it in a better state than I found it.

“But I think the path to net zero has got to be one that we tread carefully, that we bring everyone along with us on that journey, and we make that journey in a proportionate and a pragmatic way.

“So, my view is I’m committed to it. We will get there.

“We will bring people along with us as we do, we will not unnecessarily burden them with extra hassle or extra cost as we do it. That is my overall approach to net zero.”

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When asked whether he would consider putting the 2050 deadline to a public vote, Mr Sunak appeared to rule it out, saying he thought there was “agreement on it”.

“I think most people are committed to getting to net zero, but getting there in a proportionate and pragmatic way,” he continued.

“That seems to me that commonsense approach to doing this, I think that has broad support.”

Mr Sunak was also asked about Greenpeace attacking his constituency home while he was away on holiday in the US with his family.

A group of demonstrators scaled the Sunaks’ Grade II-listed constituency manor house in Richmond, North Yorkshire, to protest against his oil and gas licences announcement.

The activists draped an oil-black fabric from the roof, staying there from about 8am to 1.15pm, when they were arrested and later bailed as part of an ongoing investigation by North Yorkshire Police.

The Prime Minister suggested he agreed that it should not have been possible for protesters to get to his Yorkshire home, but said it “wouldn’t be right” for him to comment further following the arrests.

Mr Sunak said he had given the police additional powers to crack down on “these kinds of eco extremists, these eco zealots, the Just Stop Oil and others who are disrupting all these sporting events over the summer in particular”.

LA LIGA FIXTURES

Friday Athletic Bilbao v Celta Vigo (Kick-off midnight UAE)

Saturday Levante v Getafe (5pm), Sevilla v Real Madrid (7.15pm), Atletico Madrid v Real Valladolid (9.30pm), Cadiz v Barcelona (midnight)

Sunday Granada v Huesca (5pm), Osasuna v Real Betis (7.15pm), Villarreal v Elche (9.30pm), Alaves v Real Sociedad (midnight)

Monday Eibar v Valencia (midnight)

UAE currency: the story behind the money in your pockets
How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

The Cairo Statement

 1: Commit to countering all types of terrorism and extremism in all their manifestations

2: Denounce violence and the rhetoric of hatred

3: Adhere to the full compliance with the Riyadh accord of 2014 and the subsequent meeting and executive procedures approved in 2014 by the GCC  

4: Comply with all recommendations of the Summit between the US and Muslim countries held in May 2017 in Saudi Arabia.

5: Refrain from interfering in the internal affairs of countries and of supporting rogue entities.

6: Carry out the responsibility of all the countries with the international community to counter all manifestations of extremism and terrorism that threaten international peace and security

ARSENAL IN 1977

Feb 05 Arsenal 0-0 Sunderland

Feb 12 Manchester City 1-0 Arsenal

Feb 15 Middlesbrough 3-0 Arsenal

Feb 19 Arsenal 2-3 West Ham

Feb 26 Middlesbrough 4-1 Arsenal (FA Cup)

Mar 01 Everton 2-1 Arsenal

Mar 05  Arsenal 1-4 ipswich

March 08 Arsenal 1-2 West Brom

Mar 12 QPR 2-1 Arsenal

Mar 23 Stoke 1-1 Arsenal

Apr 02  Arsenal 3-0 Leicester

Indian origin executives leading top technology firms

Sundar Pichai

Chief executive, Google and Alphabet

Satya Nadella

Chief executive, Microsoft

Ajaypal Singh Banga

President and chief executive, Mastercard

Shantanu Narayen

Chief executive, chairman, and president, Adobe

Indra Nooyi  

Board of directors, Amazon and former chief executive, PepsiCo

 

 

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Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

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Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

WEST ASIA RUGBY 2017/18 SEASON ROLL OF HONOUR

Western Clubs Champions League
Winners: Abu Dhabi Harlequins
Runners up: Bahrain

Dubai Rugby Sevens
Winners: Dubai Exiles
Runners up: Jebel Ali Dragons

West Asia Premiership
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Runners up: Abu Dhabi Harlequins

UAE Premiership Cup
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Runners up: Dubai Exiles

UAE Premiership
Winners: Dubai Exiles
Runners up: Abu Dhabi Harlequins

UAE currency: the story behind the money in your pockets
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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Updated: August 16, 2023, 8:58 PM