A friend runs a family restaurant in a small village in Norfolk on the east coast of England. He told me that the worst thing about a few of his customers was a flaw in the British character he calls "whingeing". By "whingers" he means people who do not complain to achieve anything, but merely mutter their sense of grievance without expecting anything to improve.
An elderly couple had for years eaten Friday lunch in his restaurant, but suddenly they stopped coming. My friend was concerned they were ill, and telephoned them at home in the village. The elderly man was embarrassed into admitting they were not sick but on a previous visit to the restaurant the French fries on his plate were cold. He did not complain to the waitress because he “didn’t want to cause any fuss”. The restaurant owner was stunned and then bemused. “Typically British,” he said, a man who would “whinge” privately to his friends rather than complain to the waitress and have a good meal.
This Norfolk story came to mind when I saw the opinion poll saying that almost half of British people, 47 per cent, disapprove of the way in which the prime minister Theresa May is handling Brexit. Only 28 per cent of people approve. For now, let us avoid the merits or otherwise of the British decision to leave the European Union. The big question is how any British government and bureaucracy can turn a yes or no vote into workable policies with minimum damage to the British economy.
Various ideas have been floated. The British government talks of "friction free" borders, somehow controlling migration while maintaining wonderful trade relationships. The EU Brussels bureaucracy and other member state governments so far view Britain's suggestions as Alice in Wonderland, trying to make everyone believe three impossible things before breakfast. Commentators and politicians in Ireland, the only country with which the UK shares a land border, have been particularly scathing. They are also confused and very worried. They are not alone.
Since the Brexit vote I have travelled across western Europe. I have frequently been asked to explain British ideas on how Brexit will work. I have no idea, so I took to quoting Theresa May’s helpful observation that “Brexit means Brexit”. But then an American friend pointed out this sounded like Forrest Gump’s mother, whose favourite phrase was “Stupid Is As Stupid Does”.
Another old friend, a German doctor who once trained at an English hospital, offered a medical diagnosis. “Britain had a headache,” he said. “So you shot yourself in the foot. You still have the headache. But now you cannot walk.”
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I enjoy German humour, but having seen the 47 per cent disapproval figures for the British government's position, perhaps he is making a serious point. People who voted Leave and those who voted Remain can both find reasons to disapprove and to whinge. Uncontrolled European migration is a key "headache" for Leave voters. But all the signs are that controlling migration is not as easy as locking the doors and turning people away. "Shooting yourself in the foot" is the idea that most alarms Remainers. They see potentially massive trade dislocation, economic slowdown and skills shortages. Remainers, in other words, tend to ignore the immigration "headache" and concentrate on Britain limping into the unknown, while Leavers are not worried about the injured foot, because it is the pain of the immigration headache which consumes their thoughts.
Both sides have a point. Both have reasons to be dissatisfied. And both are guilty of an endless amount of whingeing, while offering little in terms of solutions beyond the nonsense of "Brexit means Brexit", "Just Leave" or "Let's Have Another Vote" and this time vote to Remain. One of the leaders of the Brexit campaign, the former Ukip leader Nigel Farage, has even begun talking of a "betrayal", although full-scale negotiations have not yet properly begun. Mr Farage could not be politically further from communism in the British political spectrum but his "betrayal" whinge is notably reminiscent of those Marxists who continue to assert that Marxism is a really great idea, it's just never been done properly.
So amid my own complaining about the whingers on both sides, may I offer a positive suggestion? Stop the slogans and the abuse and instead spell out in simple terms three things familiar to any student of business practice: objective, strategy and tactics. Can we please be clear what is Britain’s realistic objective here, not the Alice in Wonderland fairy tale? What strategies are necessary to achieve this objective? And then, finally, let us not worry so much about tactics. Right now we have slogans instead of strategies, no clearly defined objective, and a plethora of tactical positioning derided in Dublin and bludgeoned in Brussels. The biggest surprise is that only 47 per cent disapprove. But then the whingeing, including my own, has only just begun.
Gavin Esler is a journalist, television presenter and author
Tips on buying property during a pandemic
Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.
While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.
While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar.
Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.
Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.
Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities.
Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong.
Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.
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
Killing of Qassem Suleimani
Scores in brief:
- New Medical Centre 129-5 in 17 overs bt Zayed Cricket Academy 125-6 in 20 overs.
- William Hare Abu Dhabi Gymkhana 188-8 in 20 overs bt One Stop Tourism 184-8 in 20 overs
- Alubond Tigers 138-7 in 20 overs bt United Bank Limited 132-7 in 20 overs
- Multiplex 142-6 in 17 overs bt Xconcepts Automobili 140 all out in 20 overs
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
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Marathon results
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