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The Daily Telegraph (UK) - No. 51,898 (25 Mar 2022)
The Daily Telegraph (UK) - No. 51,898 (25 Mar 2022)
80
INSIDE
Saving face
Biden: We Tea party at the castle (bring your own china)
England
tailenders show will respond
grit after collapse
of top order in kind if
Putin uses
chemicals
All at sea Nato leaders say reaction to WMDs would
The uncertain be ‘very severe’ but rule out boots on ground
fate of By James Crisp in Brussels
and Nick Allen in Washington
also appeared to mark a toughening in
the US stance. The president has previ-
ously been adamantly against any direct
the oligarchs’ JOE BIDEN last night declared Nato
would respond “in kind” if Vladimir
military confrontation with Russia,
warning that it would spark “World
yachties
Putin resorted to using chemical weap- War Three”.
ons against Ukraine. Mr Biden denied that he had been
Asked if a Kremlin-orchestrated wrong to rule out military intervention
chemical attack would prompt a mili- earlier in the crisis, or that doing so had
p.22
tary response, the US president said: “It emboldened Mr Putin.
would trigger a response in kind.” “No and no,” he said.
Mr Biden added: “We would respond. He also declined to say if the US had
We would respond if he uses it [chemi- specific intelligence that Mr Putin was
cal weapons]. about to use chemical weapons.
“The nature of the response would At the White House, a group of
depend on the nature of the use.” national security officials, known as the
His remarks came as he met Nato, G7 “tiger team”, has been looking at what
and European leaders at a series of the threshold for a military response by
emergency summits in Brussels. They the US might be.
discussed what to do if Mr Putin, One US official indicated that if Rus-
whose forces are suffering unrelenting sia was to use a tactical nuclear device
daily casualties, decided to unleash in Ukraine “all bets are off ”.
weapons of mass destruction. They are also preparing responses to
Leaders were repeatedly asked how a strike on a US weapons convoy.
women really
“I think it is highly unlikely that Nato attend meetings as well.
would go directly into conflict with He added that Beijing would face
Russia because every leader agrees that consequences if China decided to help
West’s reaction would be “very, very detectors and medical support for
severe”. unconventional weapons to Ukraine.
The consequences of Mr Putin Mr Stoltenberg said: “There is also a
launching a chemical strike would be risk that we can see a spread of chemical
“catastrophic for him”, he said. Continued on Page 5
Mr Biden’s pledge of a proportionate The Queen arrives at the White Drawing Room in Windsor Castle to view artefacts from craftwork company Halcyon Days, which is
response to a Russian chemical attack Editorial Comment: Page 17 commemorating its 70th anniversary. On display was hand-decorated archive enamelware and fine bone china Report, page 3
Rise of
the republics Sunak branded a ‘fiscal illusionist’ over tax cut claims
Can anything be his previous tax rises, which were con- in 2024. So Mr Sunak’s statement con- workers are expected to get caught by a Wednesday. BP, Shell, Esso and Texaco
done to save the
By Charles Hymas, Tony Diver
and Camilla Turner firmed in the statement. tained big new tax cuts. “stealth” tax on their pensions. said they could not guarantee immedi-
A median earner on £27,500 a year “But it also allowed taxes to rise. He They will be dragged above the ate price reductions because the major-
Commonwealth?
RISHI SUNAK has been branded a “fis- will be £360 worse off in the next finan- can now expect to raise more in tax as a £1.07 million pension pot limit by the ity of their forecourts are operated by
cal illusionist” as claims made in his cial year and someone earning £40,000 share of national income by 2025 than rising inflation rate, forcing them to pay franchisees.
Spring Statement began to unravel. will take an £800 hit, according to the he expected last October. In fact, taxes a 55 per cent tax rate when they with- Tory MPs have urged Mr Sunak to
p.19 The Institute for Fiscal Studies said IFS. The analysis was backed by the are set to rise to their highest level as a draw their savings. bring forward tax cuts or risk damaging
nearly all workers would end up paying Resolution Foundation, which sug- fraction of national income since Clem- Financial experts described it as a the party’s reputation for fiscal prudence.
more tax on their earnings despite the gested seven out of eight employees ent Attlee was prime minister.” cynical and “silent” tax which would Sir Iain Duncan Smith, the former Tory
Chancellor’s claim to be delivering the would pay more tax. Boris Johnson yesterday insisted that put hard-working people off saving. leader, said: “People are still paying more
“biggest net cut to personal taxes in Paul Johnson, the director of the IFS, “ the Chancellor has done a huge The move has been compounded by tax even than he announced last year.
over a quarter of a century”. said: “Mr Sunak has proved to be some- amount to try to address the increases Mr Sunak’s decision to freeze the pen- That is costing them a lot of money. He
Amid a growing Tory backlash, the thing of a fiscal illusionist. in the cost of living”. But highlighting sion pot cap for five years. has tightened fiscally too much and
institute said the gains from Mr Sunak’s “He told us that he cut taxes yester- the decision to raise the National Insur- It also emerged that many petrol sta- needs to think beyond where he is now.”
plan to raise the thresholds for paying day. In a sense he did. He increased the ance threshold, he added “as we go for- tions have failed to pass on the 5p cut in
National Insurance and the 1p income floor for National Insurance contribu- ward, we need to do more”. fuel duty that the Chancellor announced Reports: Pages 10-11
tax cut in 2024 would be wiped out by tions and promised a cut in income tax It comes as more than 1.6 million would be introduced at 6pm on Editorial Comment: Page 17
Old files pour water War bolsters case for ‘Police letting down We broke the law... and
Puzzles 18 on rainfall records split, says Sturgeon too many victims’ would again, says P&O
Obituaries 27 A project digitising the Met Office’s
weather archive has found that several
Nicola Sturgeon suggested the Ukraine
war had bolstered the case for Scottish
Too many victims are being let down
by the police and prosecutors, Dominic
The boss of P&O Ferries has admitted
that his company broke the law by
TV listings 31 records, particularly those for dry
weather, were set much earlier than
independence and her plans to stage
another referendum next year.
Raab has said, as the first local
scorecards were published, exposing
sacking 800 seafarers on the spot last
week – but said he would do it again if
Weather 32 previously thought. Scientists at the
University of Reading asked the public
The First Minister was urged to
apologise for the “tasteless” link after
delays and low charging rates.
In an article for telegraph.co.uk, the
he had to. Peter Hebblethwaite
shocked MPs on a Commons
ISSN-0307-1235
for help digitally transcribing 130 arguing the Russian invasion Justice Secretary said it was committee by admitting there was
years’ worth of handwritten rainfall “underscored the need for democratic “appalling” that 60 per cent of victims “absolutely no doubt” that under UK
observations from across the UK and nations to pursue our domestic politics did not report their crimes and a third employment law the ferry operator
9 *ujöeöu#yxc-bv* ÊÁËÂ
Ireland. New records include England’s with as much passion and vigour as dropped out of prosecutions, often ‘Hello, mum. I’m disowning was required to consult unions before
driest May, originally thought to be ever”. She said the invasion showed because of delays and the prospect of you with immediate effect. pushing ahead with the mass sackings,
May 2020 but now believed to be May “the importance of independent reliving their trauma in court. The It’s to avoid the expense in which workers were escorted off
1844, when just 8.3mm of rain fell. countries cooperating”. scorecards are published today. of Mother’s Day’ their vessels by security.
Page 9 Page 2 Page 13 Business, page 1
2 ** Friday 25 March 2022 The Daily Telegraph
News
By Phoebe Southworth was published as a Schools Week inves- millions disappear into the coffers of By Gurpreet Narwan which would bring the process in line Drivers ‘unaware’ of
A RECORD number of multi-academy
tigation found that in 2019-20, 29 acad-
emy trust chiefs earned at least
favoured trusts, the Department has
committed only a fraction of what is
conSumeR affaiRS editoR with the delay repay system in rail.
If the changes are implemented,
new mobile phone ban
trusts are paying staff more than £200,000. The highest salary was required to address potential dangers to COMPENSATION for domestic flight payouts could plummet to just over a A loophole letting drivers use their
£100,000 after an increase of 20 per received by Sir Dan Moynihan, who our young people from schools in poor disruption could be slashed by more quarter of the current amount as the phones to play games or take photos
cent in a year. reportedly earned £455,000. condition including those where there than £150 under government plans, average sum would fall from £220 to has been closed amid warnings half of
While 1,875 trusts were paying at Dame Meg Hillier MP, chairman of is risk from asbestos.” prompting fears that airlines could can- just £57. motorists are unaware of the change.
least one individual this much in 2019- Mrs Hillier said this “unacceptable cel journeys “with impunity.” The consumer group based its calcu- New rules ban most hand-held use
20, this rose to 2,245 in 2020-21, accord-
ing to a report from the Commons
‘Parents and pupils have lack of transparency and accountability
to parents and taxpayers” must be
In a report published today, the con-
sumer group Which? said that the
lations on data provided by Skyscanner.
It analysed how much airlines would
of mobile phones in what Grant
Shapps, the Transport Secretary,
public accounts committee. legitimate questions over the resolved before schools are consoli- changes would “weaken a vital deter- have to pay out for long delays on some described as a “zero-tolerance
Publicly funded academies make up
43 per cent of state schools in England.
pay at their schools and the dated into academy trusts.
“The school system must give our
rent against delays and cancellations”.
The average payout would fall by
of the most popular UK routes.
It found that a domestic flight from
approach”. The loophole that had
allowed drivers to escape punishment
The MPs’ report warned that the conditions they learn in’ children a strong start, on a level play- £163 per passenger, saving airlines Edinburgh to London, with average if they were not using their phone to
Department for Education “does not yet ing field that may be lacking in so many thousands of pounds on a single flight. economy ticket price of £44, would cost make calls or text will be closed from
have a sufficient handle on excessive the public accounts committee, said: other parts of their lives,” she added. Under EU rules, passengers are enti- airlines £7,920, down from the current Friday. An RAC survey last week
pay within the sector”. “Parents deserve a lot more visibility Geoff Barton, of the Association of tled to £220 in compensation once their level of £39,600. indicated 43 per cent of drivers are not
Some academy trusts are building up and clarity over exactly what is being School and College Leaders, said: “Trus- flight has been delayed by three hours. “[We are] concerned that reducing aware of the changes being
large reserves, yet ministers do not provided to their children. tees think very carefully about the The Government is considering compensation payments would remove introduced. Rod Dennis, of the RAC,
have a breakdown of spending and “Parents and pupils have legitimate appropriate level of pay for trust leaders scrapping this and offering compensa- a deterrent against airlines letting pas- said: “The dial needs to be turned up
“cannot effectively challenge academy questions over the levels of pay at their and recognise the importance of being tion based on ticket price and the length sengers down with delays and cancella- when it comes to enforcement.”
trusts on the build-up or planned use of schools and the conditions and facilities able to demonstrate value for money of delay instead. The Department for tions,” the Which report said.
excessive reserves”, it stated. The report they’re learning in. While mysterious against rigorous performance targets.” Transport is consulting on the changes, The consultation ends on Sunday.
Mair retires lamenting
wasted years at BBC
TB infections could
be mistaken for
Disabled ignored again in Eddie Mair has announced his
ally successfully treated with antibiot- struggles of millions. How are people inquiry because there are clear lessons co.uk/editorialcomplaints or write to
ics. meant to have any faith in this inquiry?” to be learned to make sure no deaf child ‘Editorial Complaints’ at our postal
In 2020 there were more cases of Speaking in the House of Commons ever has to go through this again.” address (see below). If you are not
drug-resistant TB than any year since last month, she asked Heather Wheeler, Research by Sense found 75 per cent satisfied with our response, you may
records began, UKHSA said, with 1.6 per
Blinded by the light The sun has been photographed parliamentary secretary at the Cabinet of disabled people felt their needs had appeal to IPSO at www.ipso.co.uk.
cent of cases resistant to any drug and in unprecedented detail by the Solar Orbiter spacecraft, Office, if the inquiry would have a “spe- been overlooked during the pandemic.
2.4 per cent multi-drug resistant, com- which was about 46 million miles away from the star. cific focus” on disabled people. The Cabinet Office was approached The Daily Telegraph, 111 Buckingham
pared to 1.8 per cent in 2019. “To answer [your] question, and I will for comment. Palace Road, London, SW1W 0DT
The Daily Telegraph Friday 25 March 2022 *** 3
News
He awarded Princess Haya sole have been engaged in a two-and-a-half tions with historians, experts and Spotify and Archewell Audio said on
responsibility for decisions relating to year legal fight over their children’s women who have experienced being Thursday that they “both value respon-
their children’s schooling and medical future that ran alongside a divorce case typecast. sible stewardship of the audio land-
care as he highlighted examples of the that ended in the sheikh being ordered In a trailer of the Archewell Audio scape, and as explained recently, are
sheikh’s “astonishingly intrusive and to pay his ex-wife a record £550 million. project released on Thursday, she clas- committed to working closely to sup-
abusive” behaviour, which included Princess Haya said she and her chil- sifed the podcast as “the podcast where port transparency and strong principles
threats and phone-hacking. dren were “not pawns to be used for we dissect, explore and subvert the of trust and safety.”
The princess said she had been “ter- division”. Old faithful The Duke and Duchess of Cambridge travelled labels that try to hold women back”. The Duchess is an executive pro-
rified” by her ex-husband, whose aim The sheikh has previously accepted in the same Land Rover used by the Queen on her visits to the S p o ti f y a n d A rc h e we l l Au d i o ducer on the series, along with Ben
had been to “crush me”. that the children will not be returning described her conversations with Browning, Archewell’s head of content,
Sir Andrew said that the sheikh’s to Dubai and that he will have no physi- Caribbean as they viewed a military academy parade on the typecast women as “uncensored” and and Rebecca Sananes, head of audio.
behaviour must have been “most harm- cal contact with them, though they do sixth day of their visit to Jamaica. said the Duchess, a longtime female The podcast will be produced in part-
ful to the emotional and psychological communicate regularly by telephone. empowerment campaigner, would nership with Gimlet Media for Spotify.
4 ** Friday 25 March 2022 The Daily Telegraph
News
Ukrainian navy
‘destroys’ 370ft
tank carrier in
captured port
By Phoebe Southworth
UKRAINE said it had destroyed a large
Russian warship used to deliver tanks
and other weapons and damaged two
other vessels after their location
appeared in a Kremlin propaganda
video.
The navy said it had achieved a direct
hit on the Orsk, a 370ft Russian Alliga-
tor-class tank carrier, while it was
anchored in the captured port of Berdy-
ansk in the south of the country.
It represents a success for Ukrainian
forces as they seek to further stall Rus-
sia’s advance. The port has been vital to
Russian supply lines, allowing Moscow
to ferry in supplies to troops encircling
Mariupol, about 50 miles to the east,
and across Ukraine’s eastern front.
A Kremlin propaganda video had her-
alded the Orsk’s arrival in Berdyansk on
Monday as an “epic event” that “opens
up opportunities for the Black Sea in
terms of logistics”.
Hanna Malyar, Ukraine’s deputy
defence minister, said the Orsk had
been “destroyed”. The ship was capable
of carrying 20 tanks or 45 armoured
personnel carriers and 400 people, she
added. There was no immediate
response to the claim from Russia’s
defence ministry.
Footage from Berdyansk showed
thick black smoke surging above the
port, as a fireball swirled underneath –
suggesting the carrier exploded.
While the Orsk was said to have been
destroyed, the fire reportedly spread to
other vessels as well as an ammunition
depot and a fuel terminal.
Video of the scene showed two ves-
sels, one of which appeared to have
been damaged, sailing away at speed.
The Orsk is the biggest ship Ukrain-
ian forces have struck since Vladimir
Putin’s invasion last month. The
reported loss comes as pressure mounts
on the Russian president to secure key
cities amid fierce resistance.
Ben Wallace, the Defence Secretary,
said that by recklessly engaging in mili-
tary action in Ukraine, Mr Putin had
“built himself a cage” and Nato should
be wary of how he will react next.
“That’s the problem – as soon as he
crossed the border he created this trap,
which he set himself,” he said.
Russian forces have seized most of
the coast along the Sea of Azov except
for Mariupol, which has been heavily
damaged but has refused to surrender.
Boris bonds with his European band of Sunak denies gain from wife’s
stake in firm with Moscow base
brothers in Brussels – and avoids an own goal By Hayley Dixon and Dominic Penna ana Murthy in the 1980s. Despite sev-
eral companies pulling out of Russia ,
Sadly, their fetish for Britain to be he deploys when trying to sound CCHQ a solid by naming the PM RISHI SUNAK has defended his wife Infosys has kept its Moscow office and
Sketch seen as a global irrelevance was not to extra-statesmanlike, “with the people “public enemy number one” among over accusations that his family are delivery office running.
be indulged today. A full clip showed all of Kyiv. Of Mariupol. Of Lviv and Western leaders. Could this present a “benefiting” from Vladimir Putin’s The company has previously worked
the usual handshakes. Biden lolloped Donetsk.” He promised to “ramp up security risk, asked one reporter? But regime. with Alfa Bank, one of the largest banks
about, a glazed grin on his face, while lethal aid to Ukraine”. Occasionally he Ambassador Boris was back with the Akshata Murty, the Chancellor’s wife, in Russia, which was yesterday added
Emmanuel Macron – channelling pounded the lectern with his fist to promise of detente. “There is no one owns a £430million stake in Infosys, an to the UK sanction list.
By Madeline Grant Gareth Southgate in a spivvy three- show he really meant business. round the table in Nato who is against Indian technology company that con- According to the annual report, Ms
piece suit – did his bit for the Entente A BBC correspondent wondered Russians or the Russian people. I think tinues to operate out of Moscow. Murty, 40, holds a 0.91 per cent stake in
Nato summit in Brussels could Cordiale by readjusting the PM’s tie. why the allies had been so quick to I’m probably the only prime minister Two weeks ago, Mr Sunak urged Infosys.
News
frowning with his bovine eyes, showing Mariupol to Russia. More than 6,000 dead woman had survived the Second eat a stray dog to stave off hunger. Alex- nessed “many corpses, torn body parts, day, describing scenes that were “very
me his unhappy face, his stinking mug,” residents had been captured by Russian World War and the terrors of Stalin’s andr Volodko, 21, a student, said: “We huge damage, burning cars” before she dark and full of “panic”.
says Col-Gen Mizintsev. “Why is he still forces “to use them as hostages and put Soviet Union only to be killed at the age spotted a stray dog, it was already not left. He added: “Yesterday we saw people
serving? And why should I have to more political pressure on Ukraine”, of 93 in a conflict ordered by Mr Putin. doing well. We were so desperate we “People just lived in the walls left, who weren’t leaving for whatever rea-
waste my time with your scum? If they said, adding 15,000 people from It is thought about 2,000 civilians cooked it. We were starving and I am slept on the floor, and ate once a day,” son. Many of them have got no money
you’re the head of a unit, then step up to one district had identity documents ashamed to say it.” His mother is ill and she said. “There were many children, or cars. They’re making fires and cook-
the plate. Why has his face not been seized and were ordered to go to Russia. his father went missing a week ago, and the elderly. There were people under ing whatever food they have outside
messed up? Why has his ear not been According to Ukrainian intelligence, Russia’s Col-Gen he said it was his job to feed the family. the ruins, people were dying in front of their bombed out apartments.”
cut off? Why is he not limping by now?” the civilians are being funnelled Mikhail Mizintsev, Yevheniia Kudria, 24, who managed us. There were no doctors.” “No one,” he said, “is mentally intact
Col-Gen Mizintsev, 59, reportedly through “filtration camps” before being nicknamed the to escape Mariupol a matter of days ago, Some pictures from Mariupol have there.” He had taken a photograph of an
oversaw the bombing of Aleppo in s e n t o nw a rd s t o “e c o n o m i c a l ly ‘Butcher of Mariupol’, said her mother had stayed in the city, been taken by Maximilian Clarke, a Brit- apartment building in ruins, a huge cra-
Syria. Now the head of Russia’s National depressed” southern regions of Russia. has been identified too scared to leave. “She says that there ish photographer. He worked in ter in front. “This constant sound of
Centre for Defence Management, he has Some could be sent as far as the Pacific as leading the assault is the smell of corpses and the smell of Donetsk and eastern Ukraine in 2014 artillery falling. It could make someone
become a familiar figure on Russian tel- Ocean island of Sakhalin. burning in the air. People are simply and 2015 and, using contacts made then unfamiliar with incoming artillery fire
evision offering safe passage if Mariupol One makeshift grave in Mariupol is buried in front gardens near houses,” with the Russian-backed separatists, jumpy. But all those people were just
waves the white flag. Local officials who newly dug on the edge of a children’s have been killed in Mariupol. About Ms Kudria said. Her mother has told her succeeded in obtaining accreditation to sitting there. They weren’t even flinch-
stay face “military tribunals” along with playground. The cardboard sign 100,000 people are trapped there. The of residents being rounded up by Rus- work in the separatist-held region and ing.
the “bandits” left behind, he warned. attached to the cross, made from scraps Daily Telegraph has been able to contact sians and put on buses, backing up from there travel to Mariupol. “They said it was an airstrike, pre-
Yesterday, Ukraine’s foreign ministry of wood, gives the name Antonina Alek- some residents who have either left in claims made by Ukraine authorities. “People have been sheltering from sumably Russian. It’s utter destruction.
accused the Kremlin of planning to for- seevna Bakhchisaray. She was born on recent days or remain trapped. “If my mother leaves, we may never the absolute intensity of the bombard- It’s pretty incomparable to anything
cibly relocate thousands of civilians in May 15 1928 and died nine days ago. The One claimed he had been forced to meet again,” said Ms Kudria. She wit- ment for weeks,” Mr Clarke said yester- I’ve seen before.”
Below, at a hospital
in Kyiv, a woman
known only as
Victoria, whose
apartment was
destroyed in a shell
attack, has multiple
injuries and
stitching to her
face and arms
Photograph by
David Rose for
the Telegraph
News
Majority have Don’t let sun
microplastics fool you into
in their blood, planting early,
study finds gardeners told
By Emma Gatten By Olivia Rudgard
environment editor
GARDENERS should resist planting
MICROPLASTICS have been found in seedlings too early as spring sunshine
human blood for the first time, accord- will give way to frost, according to the
ing to research that identified particles RHS.
in nearly 80 per cent of donors. Marcus Chilton Jones, curator at RHS
Scientists found particles in the blood Garden Bridgewater, warned horticul-
of 17 out of 22 samples, with the most turalists not to get “excited” by the sun-
common particles coming from PET, shine and plant tender varieties
the plastic used for drinks bottles and prematurely.
food packaging. On Wednesday, the UK experienced
Researchers say more work is needed its warmest day of the year so far, with
to determine the impact of microplas- 20.8C (69.4F) recorded in St James’s
tics in the blood, including whether Park, London. Some parts of the UK are
they build up in the body and impact experiencing a range of almost 20C
organ function, or pass through the between warmest daytime and lowest
system. nighttime temperatures, with night-
The study detected microplastics as time frosts giving way to sunshine.
small as 0.0007mm, which can enter “What tends to happen is that gar-
the body via inhalation of airborne par- deners get excited. They say, ‘great, I’m
ticles, or ingestion in food, plastic pack- going to get my broad beans out’; maybe
aging, crockery and cutlery. some early potatoes have gone in, and
Scientists at Vrije Universiteit there are a few shoots showing up
Amsterdam in the Netherlands tested through the ground, especially in Lon-
samples for five types of common plas- don and further south,” he said.
tic, including PET, polypropylene and “And then you get those cold nights
polystyrene. and everything newly emerged gets
The microplastics found were at an burnt. We lost quite a lot of broad beans
average concentration of 1.6 micro- last year.”
grams per millilitre of blood, the equiv- Gardeners should cover anything
alent of one teaspoon in 1,000 litres of tender with fleece, he added, and use
water. cloches to protect that which can’t be
Dr Dick Vethaak, the co-author, said moved. Cucumbers and tomatoes can
that more research was needed to go into glasshouses, but gardeners
JORDAN PETTITT/SOLENT NEWS
understand the findings. “We know the should wait to put them outside.
plastic is in our body, but where does it “I wouldn’t go outside with them at
go and what does it do?” he asked. this point, even in sheltered London,”
The study, published in the Environ- he said.
mental International journal, is the first “It’s going to be alright towards the
to test for microplastics in blood. end of April, but not so close to the
Dr Vethaak said the results were to be spring equinox,” he continued.
expected given the ubiquity of plastics Gardeners should also be wary of
in the world, recommending that con- planting varities like marigolds and
sumers avoid plastic packaging and Petal power England’s biggest rhododendron, in the grounds of the five-star South Lodge Hotel in Horsham, West Sussex, begonias too soon, as they have not
avoid heating food in plastic containers has bloomed and is looking bigger than ever. The magnificent bush is now larger than an average three-bedroom house. acclimatised to the cold and should be
to mitigate the risk. moved outdoors gradually.
News
Families will be
£1,100 worse
off this year as
inflation peaks
taken out of Nationax Insurance when
Chancellor’s promise to Power play that threshoxd rises – wixx benefit, whixe
Help with bills most others wixx xose out.
cut basic rate of income The IFS puts the rise in workers’
tax ‘dwarfed by previous considered income tax and Nationax Insurance bixx
rises’, economists warn in 2025-26 at around £250 to £300 per
Rishi Sunak has year for basic-rate taxpayers, increasing
By Tim Wallace said he wixx keep to more than £1,200 for many higher
measures to ease rate taxpayers, with those earning
THE typicax working househoxd wixx the cost of xiving £80,000 per year xosing around £1,500.
xose £1,100 to higher taxes and surging crisis under At the same time as inflation affects
infxation this year, economists have review, after he tax payments, it axso undermines xiving
warned, as Rishi Sunak’s promised tax was accused of standards.
cuts paxe in comparison to a sweeping doing too xittxe to The Office for Budget Responsibixity
series of increases axready on the way. hexp famixies (OBR) estimates inflation wixx peak at 8.7
The Chancexxor’s income tax cut, struggxing to pay per cent when the energy price cap
which wixx bring the basic rate down their bixxs. rises again in October, the highest
from 20 per cent to 19 per cent from The Chancexxor, annuax rate of price rises for 40 years.
2024, is “dwarfed by previous tax rises”, who announced At the same time, it expects wages to
James Smith, an economist at the Reso- an increase in go up by around 5.3 per cent – high in
xution Foundation, said. Nationax
He caxxed tax rises “the key feature” Insurance ‘We are still struggling
of Mr Sunak’s financiax pxans, with contribution
seven workers in every eight set to pay repayment to get significantly past
more on their earnings even as they can threshoxds and a 2008 levels of earnings
buy xess with their pay packets owing to 5p cut in fuex
rampant inflation. duty, suggested even by the mid-2020s’
It contrasts sharpxy with the tone of the Government
the Chancexxor’s speech, which put his couxd go further cash terms, but stixx not enough to keep
tax-cutting cxaims at the centre of the before Ofgem pace with prices.
Government’s poxicy agenda. reviews the Combined with tax rises, this
Unveixing his Spring Statement in energy price cap amounts to a 2.2 per cent drop in reax
Parxiament, Mr Sunak said: “My tax pxan in October. Energy househoxd disposabxe incomes, a big-
dexivers the biggest net cut to personax bixxs wixx axready gest annuax drop since records began in
taxes in over a quarter of a century. go up next month, the 1950s.
“I can confirm, before the end of this when the price Officiax forecasts indicate the recov-
Parxiament, in 2024, for the first time in cap increases by ery in xiving standards wixx be sxow and
16 years the basic rate of income tax wixx axmost £700 – a painfux.
be cut from 20 to 19 pence in the pound. rise of 54 per cent. After accounting for new taxes, the
A tax cut for workers, for pensioners, Yesterday, the OBR expects that workers’ spending
for savers. A £5 bixxion tax cut for 30 mix- OBR said it power wixx stixx be xower in 2026-27 than
xion peopxe.” expects energy it is today. If it were not for Mr Sunak’s
Paux Johnson, director of the Insti- bixxs to rise again tax rises, reax wages wouxd recover by
tute for Fiscax Studies (IFS), said that, in by at xeast 40 per the middxe of the decade.
reaxity, the Government’s tax haux was cent, hexping to “This faxx comes despite our judg-
rising strongxy because wages were push inflation ment that there wixx be more of a
cximbing more rapidxy than previousxy over 8 per cent for response from nominax wages to high
expected in response to inflation. the year. inflation than in periods of rising infla-
Pay wixx not keep up with prices and Mr Sunak toxd tion over the past decade or so when
xiving standards wixx faxx in reax terms as BBC Radio 4’s there was greater xabour market sxack
a resuxt – but the frozen tax threshoxds Today programme and xower churn,” the OBR said.
mean workers wixx stixx pay more tax on yesterday: “I can’t “However, we do not expect the xat-
their earnings. make every est surge in energy prices, due to Rus- Robert Joyce, deputy director at the Pay rose steadixy in the two decades with what wouxd have been expected Rishi Sunak
The resuxt of the tax changes is that a probxem go away, sia’s invasion of Ukraine, to be matched IFS, said “we are stixx struggxing to get before the financiax crisis, but wages back in 2007. Mr Joyce said:“It starts to visits a steel
smaxx fraction of workers – most notabxy but where we can by higher nominax wage growth.” significantxy past 2008 xevexs of earn- have barexy grown faster than prices in feex unreax, but that is what happens if manufacturing firm
those who earn between axmost make a difference, This comes on top of an axready ings even, according to the xatest esti- the years since, xeaving a hoxe of about you have xower-than-expected growth in Nottingham
£10,000 and £12,500, and so wixx be we want to.” extreme squeeze on pay. mates, by the mid-2020s”. £11,000 in spending power compared for a very xong time.” yesterday
News
cluded in 2019 that there was not magistrates’ court heard. a heritage asset, meaning its preserva- After Mr Belmant was told “get out of
enough evidence to prosecute him and Graham denied impersonating a doc- tion will be factored into any future my house” by Mr White, Pc Dunn, who
that no charges for corporate man- tor but was yesterday found guilty fol- planning decisions. was assisting, pulled out his Taser and
slaughter would be brought. lowing a trial in which she was accused Colin Cook, heritage champion at used it twice.
But Ian Prosser, the Office of Rail and of living in a “fantasy world” by Adam Oxford city council, has admitted that Judge Griffith-Jones QC told jurors:
Road’s chief inspector of railways, said: Warner, the prosecutor. there was an “intellectual argument “His [Mr Belmant’s] entry was unlawful
“We’ve taken the decision to prosecute The court was told there was no delay about a council protecting something it and he was [a] trespasser and unwel-
TfL, Tram Operations Limited and in Mr Jones attending hospital. was trying to get rid of originally”. come intruder.”
driver Alfred Dorris for what we believe Graham was fined £600 and ordered Mr White said:“Police need to be held
to be health and safety failings.” to pay £810 court costs. Oxford city council has listed the 25-foot fibreglass Headington Shark as a heritage asset Editorial Comment: Page 17 to account for this.”
14 ** Friday 25 March 2022 The Daily Telegraph
News
ate 3D images. The files will be used to despite warnings from women’s rights
program a “robot” sculptor that can campaigners and legal experts that it
carve marble blocks with metal chisels could jeopardise single-sex spaces,
in exactly the same way they were orig- which are protected under equality
inally created by Phidias. law.
The museum is believed to be con- The Government responded that
cerned that once it is possible to make “the Equality and Human Rights Com-
highly accurate replicas it will be diffi- mission is currently looking to update
cult to argue against returning the orig- its guidance on the workings of the sin-
inals to Greece. Researchers from the Institute for Digital Archaeology took scans of the Parthenon Sculptures on iPads, after being refused permission to do so officially by the British Museum gle-sex exceptions in the Equality Act”.
The scans have recorded two millen- The response added: “The Govern-
nia of damage caused by war, earth- Athens for £75,000. He used his wife’s despite their damaged and broken state. are wide with exertion after pulling the secrets of the marbles including its orig- ment’s position remains that no changes
quakes, acid rain and misguided inheritance to pay the Turks but within Among the hundreds of visitors admir- chariot of Selene across the Parthenon’s inal colouring. are needed to the Gender Recognition
attempts by the museum to clean them a few years a costly divorce meant he ing the marbles yesterday was Tania pediment. Yet while staff at the museum A spokesman said: “We regularly Act.
with wire brushes. was forced to sell them to the British Carmichael, a sculptor from Australia, were happy for Mrs Carmichael to draw receive requests from a wide range of “Individuals are considered to be the
Thomas Bruce, the seventh Lord government, which in turn gave them who said it was “more fitting” for them them, they refused her permission to commercial and academic users to sex that is registered on their birth cer-
Elgin, had the friezes shipped to Lon- to the British Museum. They have been to be in Athens than London. create 3D scans. undertake their own scanning and it is tificate – either male or female, with the
don 200 years ago after purchasing one of the museum’s most popular Mrs Carmichael sketched the life- The museum said it is already using not possible to routinely accommodate law providing for individuals to be able
them from the Ottoman occupiers of exhibits for nearly two centuries size marble head of a horse, whose eyes 3D scanning to unlock some of the all of these.” to change their legal sex.”
Charity body favourite ducks war on ‘woke’ Pullman quits role after cancel culture row
By Craig Simpson mittee yesterday ahead of his likely to the leadership of the Charity Com- By Robert Mendick and to quit as president of the Society of wrote on Twitter that people who con-
appointment in the role. mission could tackle the “woke” incli- Catherine Pepinster Authors (SoA), effectively the trade demned a book before reading it would
THE Government’s chosen candidate to The former Tory candidate insisted: nations of certain charities, after furore union for writers. “find a comfortable home in Isis or the
lead the Charity Commission has told “I wouldn’t have the Charity Commis- over the direction of the National Trust. SIR PHILIP PULLMAN has resigned He had defended Kate Clanchy, who Taliban”, but later deleted the tweet and
MPs he would not be drawn into a war sion as an arm of government assisting The lawyer ran for Parliament in from a literary association over his sup- was “cancelled” by her publishers after apologised.
on “woke”. in an anti-woke agenda.” 2005 and has been reported to be a port for an author accused of racist ste- allegations that her prize-winning Sir Philip wrote in his resignation let-
Orlando Fraser QC faced questions His comments relate to Oliver Dow- friend of Boris Johnson, but he has told reotpying. memoir, Some Kids I Taught and What ter: “I realised that I would not be free
about his political allegiances from the den’s suggestion during his time as Cul- MPs he is neither “a Conservative” nor The 75-year-old writer of the His They Taught Me, portrayed some of her to express my personal opinions as long
Digital Culture Media and Sport Com- ture Secretary that new appointments “friend of the Prime Minister”. Dark Materials trilogy was facing calls former pupils in a “racist” manner. He as I remained president.”
The Daily Telegraph Friday 25 March 2022 IrSc *** 15
World news
‘Irresponsible’
Baldwin to star
in two comedies
By Jamie Johnson Hutchins, the widower of the
US CorreSpondent cinematographer, filed a
wrongful death lawsuit
ALEC BALDWIN will return against Baldwin last month.
to the big screen with two “I was just so angry to see
Christmas comedies, months him talk about her death so
after the fatal shooting of publicly in such a detailed
Ukrainian cinematographer way and then to not accept
Halyna Hutchins. any responsibility after hav-
The Emmy and Golden ing just described killing
Globe winner will be going her,” Mr Hutchins told the
back to work in Italy with his Today show last month.
brother Daniel after being “It almost sounds like he is
cast in Kid Santa and Billie’s the victim. Hearing him
Magic World, both billed as blame Halyna in the inter-
live action/animation family
Christmas comedies.
These are the first acting
‘I was just so angry
roles for Baldwin since the to see him talk about
incident on the set of Rust, in
New Mexico, last October,
her death so publicly
where a prop gun he was in a detailed way’
holding fired a live round,
killing Hutchins and wound- view and shift responsibility
ing director Joel Souza. to others and seeing him cry-
Baldwin, 63, has tried to ing about it. Are we really
absolve himself of wrongdo- supposed to feel bad about
ing, saying in a December you, Mr Baldwin?
interview with ABC News “The idea that the person
that he was pointing the gun holding the gun causing it to
at Hutchins at her instruc- discharge is not responsible
tion and that it went off with- is absurd to me.
out him pulling the trigger. “Every individual who
“Someone is responsible touches a firearm has a
for what happened, and I responsibility for gun safety.”
can’t say who that is, but it’s Baldwin will arrive in
not me,” he said. Rome tomorrow, and stay for
No charges have been filed four weeks, Variety reported.
in the criminal investigation His representative did not
by the Santa Fe County Sher- immediately respond to con-
iff ’s Office, but Matthew firm the report.
Comment
The Rustat
verdict is a
humiliation for
woke activists
DaviD abulafia
R
epresentatives of Jesus disputes. We must now hope
College, Cambridge, that rational thinking is
have declared returning to British
themselves “shocked” at the institutions just as the public
verdict that, despite the grows exasperated by
strident demands of increasingly absurd claims
campaigners, Grinling about historical figures.
Gibbons’s monument to Deputy Chancellor Hodge
Tobias Rustat should remain had harsh words for those
in the college chapel. who jumped to conclusions
What is truly shocking is about Rustat, enlarging his
the sheer certainty of these role in slavery out of all
campaigners that the proportion, making it out to
judgment of the Consistory be the main source of his
Court of the Diocese of Ely, wealth, though it was not.
tasked with deciding the Sloppy research about links
monument’s future, would between colleges and
go their way. It is of a part slavery is unacceptable in
with the arrogant attitude of one of the world’s leading
activists across the country, universities. In Jesus, as in
who have closed their ears to other great educational
intelligent debate about how establishments, the absurd
we commemorate notable generalisations of “Critical
people from the past whose Race Theory” have been To order prints or signed copies of any Telegraph cartoon, go to telegraph.co.uk/prints-cartoons or call 0191 603 0178 readerprints@telegraph.co.uk
social and political allowed to guide debate
assumptions were very about events and behaviour
I
months by those who oppose charity.” Such a man, whose s Rishi Sunak a fool or a fraud? To a Cabinet Office, creating a power Sunak went along with it on one time to hold firm. Want to spend more?
the new iconoclasm bones lie under the floor of great many people, it has to be one triangle which he would run. To Javid, condition: that it would be financed by Then think of cuts first: perhaps some
championed in universities his beloved chapel, deserves or the other after a mini-budget this was too much. When he was told a National Insurance rise. He saw this of those more fanciful infrastructure
and museums. Imperial more than to be reduced to a which seemed to be a smouldering his freedom was so constrained that he as a small triumph: having No 10 accept projects. Help with the cost of living?
College, for instance, has caricature. mess of contradiction. He promises would not be able to choose his own that extra spending had to be paid for. Yes: via income tax cuts. In 2024. If
agreed not to remove the “to let people keep more of their own advisers, he walked. Two events since have spending doesn’t go up.
name of Thomas Huxley, one David Abulafia is a professor money” but puts up taxes higher than Javid had become known as strengthened Sunak’s hand: partygate This, perhaps, is the clincher. The
of the college’s founders. But of history at the University of any modern chancellor has ever Chancellor In Name Only (or “Chino”) and inflation. The revelations about 2024 ruse is intended as a Boris trap, to
it is the Rustat judgment Cambridge dared. He invented furlough, then and the joke was that Sunak, his the lockdown festivities in No 10 discourage the Prime Minister from his
which provides the firmest spent billions cushioning the blow of 39-year-old underling, would be deeply damaged Johnson’s popularity instinctive splurging. If more is spent,
indication yet that the tide fuel bills. But his message to those on known as “Babychino”. To his credit and, with it, his hold over the party. A the tax cut vanishes. Sunak is trying to
has finally turned. It is a benefits who are now facing the Sunak didn’t even pretend to be in good chunk of his MPs still want him change the psychological wiring of his
landmark decision in the reaD more at choice of heating or eating? Sorry: charge, instead casting himself as a gone, so he treads carefully: there are party and hopes to programme in a
resolution of our current telegraph.co.uk/opinion there’s no more money left. It all William of Wykeham-style chancellor, no more diktats from No 10. The sheer Pavlovian response: restraint on
looks rather odd. picking up the tab for whatever folly violence of the inflation – forcing debt spending means tax cuts. If they want
Most of the Cabinet remain the king wished to embark upon. “I interest payments up by almost to spend more (especially the new PM)
dismayed about the National should take his credit card away,” he £100 billion over the next few years – then they’ll have to eat up the tax rises.
Insurance rise which will soon take an once joked. He’d talk about funding means cheap borrowing is no longer This is why the Sunak budget looks
extra 2.5 per cent off everyone’s “the Prime Minister’s agenda”. Like an option. Sunak is now free to impose so schizophrenic: it’s half Johnson and
salaries. Jacob Rees-Mogg has said it’s most of the Cabinet he regarded HS2 as his new rule: spending restraint The Sunak half Sunak. Half profligate, half
political suicide. Tories stood on a a white elephant and net zero as an before tax cuts. budget is a parsimonious. Half hangover from
manifesto promise not to raise taxes, uncosted nightmare. Sunak is so keen to keep the days of the pre-partygate splurge, half
he argues, and voters remember such All served at the pleasure of King National Insurance rise because he collision panicked preparation for whatever
promises. Liz Truss hates it too. Even Boris because he was running a court sees it, paradoxically, as a tool that will of two inflation brings. It’s a collision of two
Boris Johnson was all up for dropping rather than a government and could eventually lower taxes. He sees in the competing principles of government
the tax and borrowing instead. But do so because he had personally saved “health and social care levy” a new competing – and, as such, a bit of a mess.
who was the biggest advocate for the the Tories from electoral annihilation. deal: that from now on, any NHS principles of But it does also mark a turning
tax rise going ahead? Sunak. The
self-proclaimed tax-cutter.
Without him, would the party have
won all of those seats in the North?
spending increase can only be funded
by upping the levy. So from now on, government point, where Sunak has been able to
assert himself as Chancellor and the
Behind all of this apparent With personal victory came personal any Tory who wants more health – and, as Prime Minister has been prepared to
hypocrisy there is method,
explanation – and a plan. It’s about
power. Crazy, expensive projects were
pushed through on the nod. More
spending should also accept that it
means tax rises. He sees this as
such, a bit yield. If the Tories are to deliver the
lower-tax country they promised, it’s
history and strategy. Sunak started as than £300 million was spent buying repairing the basic sobering up of a of a mess hard to see any other way.
T
he author Julia Stephenson because “there was no male there”. not be allowed to return to school. The opinion friendlier than that ghastly MP you sat
reported on Twitter that she was George Orwell anticipated that Taliban have no difficulty identifying a next to.”
filling in the form to renew her sinister dissociation in 1984: “The Party “female” in order to declare her invalid. Kate: “I thought this was supposed to
membership of Putney Lawn Tennis told you to reject the evidence of your Nice company you’re keeping, Putney be a charm offensive. Well, we’re
Club and was taken aback to discover eyes and ears. It was their final, most Lawn Tennis Club. charming and they’re offensive. And
that she could no longer tick the essential command.” the humidity, darling! I’m using
correct box in the Sex section. Ideological idiocy from the Socialist Those poor Cambridges. What hair-straighteners on the hour every
“Female (no longer valid),” it said.
Instead, Julia was given a choice of
Republic of the NHS comes as no
surprise, but why are once sedate,
with Ukraine and the cost-of-
living apocalypse, the timing of their
hour just to control the frizz.”
William: “It’ll be over soon, babe.
“Female (including trans woman), Male conservative-with-a-small-c tour of Belize, Jamaica and the Only another 27 changes of clothes.
(including trans man), Non-binary or organisations like Putney Lawn Tennis Bahamas could have been better. Even Somehow, I don’t think we’ll be back.”
Other.” Oh, dear, looks like chaps are Club colluding with this modish Kate’s 300-watt incandescent smile The Cambridges have done the Queen
“no longer valid” in South West erasure of women? Is it because HR dimmed to a 5-watt energy-saving LED proud in her Platinum Jubilee year. No
London either. “No new balls, please!” tick-boxers, councils and the like are when Jamaican prime minister one could have done a better job. It’s
The club claimed it was a “glitch” it only satisfied if you sign up to the new, Andrew Holness basically told the just that times move on. Old colonial
knew nothing about. Julia believes approved language of diversity? I think Royal couple in front of the cameras masters give way to new. In the past 25
managers were fully aware and fobbed we should be told. that the monarch would no longer be years, the UK has provided £66 million
her off in a patronising manner. PLTC Until now, upon hearing such stories, required as head of state. How in debt relief to Jamaica. Since 2005,
did admit they had made “some minor I suspect women will have confined incredibly rude of him. Don’t extend China has spent $2.7 billion in Jamaica
recent amendments to our themselves to a major eye-roll. Sorry, the invitation if you intend to force- and $450 million in the Bahamas.
membership wording to align with ladies; it looks like we are going to have feed your guests humble pie. It’s pretty clear Jamaica is preparing
NHS guidelines”. to, ahem, man the barricades before Imagine the Duke and Duchess to sever its final official ties with the UK.
Why on earth would a tennis club ladies find themselves in the remainder getting back to their hotel suite and We should wish her well. Only, if I were
want to incorporate NHS guidelines bin with the mismatched pop socks. hitting the mini-bar: them, I’d worry that Xi Jinping will be a
which have given us Annex B? That The righteous Left appear to be Kate: “HONESTLY! I even wore a lot less gracious than our royals. Scuba
dubious policy allows hospital patients arguing that, to be “fair” towards dress the colour of their flag. I HATE diving with sharks is not for the
to be placed on single-sex wards considerably less than 1 per cent of the yellow!” faint-hearted.
The Daily Telegraph Friday 25 March 2022 *** 17
With his Spring Statement, the Chancellor torpedoed his credentials as a true Conservative
sir – With his Spring Statement sir – After a pandemic and a war, what some as “congratulatory”. I saw it more (the higher the rate, the bigger their
(report, March 24), Rishi Sunak has else can people expect but a fall in as: “Know your place.” apparent – but surely unreal – benefit)?
demonstrated that he is not a living standards? The reverse would be Gerry Doyle By that logic, what hope for Mr Sunak?
Conservative. a miracle. Liverpool John Kidd
He can wave goodbye to becoming Pauline Coleman Surfers Paradise, Queensland,
Prime Minister. Painswick, Gloucestershire sir – For pensioners, the Spring Australia
Sandy Pratt Statement was abysmal. Increasing
established 1855 Storrington, West Sussex sir – The Government funded food costs, rocketing fuel costs – and sir – Yesterday we heard the BBC’s
furlough for millions of workers, at not a bean for them. After scrapping Mishal Husain interview the
sir – I am puzzled that the Office for huge expense, for more than a year. the triple lock for this year, Mr Sunak Chancellor on his Spring Statement.
R
so remember it well. must involve some hardships in the Andy H Lyons
ishi Sunak’s Spring Statement has not Roderick Connor short term, in order to prevent sir – Mr Sunak announced his surely Sherborne, Dorset
benefited from closer examination. Many Reading, Berkshire disastrous consequences in the future? commendable intention to reduce by
have pointed out that the Chancellor’s Mark Davies one penny the standard rate of income sir – At 9.45am on Wednesday
attempt to pose as a tax-cutter lacks credibility sir – If those in need of government Chipping Norton, Oxfordshire tax. Yet you report (March 24) morning, at my local filling station,
given that the tax burden is forecast to rise to assistance are “the hard-working warnings of miserable consequences petrol was 167.9p a litre. At 8am on
near-record highs over this Parliament. Even families”, I wonder what we should call sir – Your photograph (March 24) of for pension savers, due to a reduction Thursday morning it was 164.9p a litre.
those who pay all the tax to cover it. Boris Johnson squeezing the in contributions tax relief. What happened to the other 2p?
leaving aside the ill-judged rise in National Toby Gunter Chancellor’s arm after his Spring Should the Chancellor therefore Martin Parker
Insurance contributions, the promise of a 1p cut to Andover, Hampshire Statement speech was described by raise tax rates to benefit pension savers Baxenden, Lancashire
the basic rate of income tax in 2024 will hardly
help when the Treasury is freezing income tax
thresholds now.
We accept letters
by post, fax and The stare police Chasing the DVLA
Yet the incoherence extends well beyond tax. Mr email only. Please
include name, sir – On the Tube on Tuesday I saw sir – I can go online and input a vehicle
Sunak made a great play of his view that there are address, work and one of Sadiq Khan’s “anti-staring” registration and instantly see the MOT
limits to what the state can do, and is planning to home telephone posters, warning that “intrusive and road-tax status of the vehicle.
counteract only a small proportion of the cost of numbers. staring of a sexual nature is sexual Similarly I can go to the government
living tsunami crashing into household finances. harassment and is not tolerated”. portal and see various details about my
Rhetorically, he speaks like a Thatcherite. 111 Buckingham It’s not explained on this poster how tax and state pension status.
However, the Government’s actions will result in Palace Road, individuals’ intentions may be Why does a similar system not exist
London ascertained by passing strangers, nor to see the status of my driving licence
the size of the state increasing considerably, SW1W 0DT is the word “staring” defined. But it (Letters, March 24)?
notably through a large injection of funds into the does, worryingly, direct passengers to Even if the DVLA has not fully
NHS and the assumption of extra responsibilities fax snitch on one another whenever they processed an application, surely a
for social care. There has been little attempt to 020 7931 2878 “see or experience it on public portal could show that it had been
unwind the cultural shift towards dependency that transport” and to “text what, where received and was in order, so that one
AP PHOTO/CZAREK SOKOLOWSKI
was accelerated by the pandemic, and which email and when” to a given number. could drive legally under Section 88 of
appears to have become particularly embedded in dtletters@ This is surely a mistake. How can the Road Traffic Act.
telegraph.co.uk “stares” be categorised as “intrusive” This would save applicants having to
the public sector. Ministers still talk as if they want when they might be admiring, curious, make repeated attempts to contact the
to throw an arm around the public, to protect them follow distracted or innocent? Who is Mr DVLA by phone, and reduce its
from the hard realities of the world. Telegraph Letters Khan to tell us what’s in our heads, workload.
The question many voters will be asking is: what on Twitter who we can look at, and for how long? Robert Taylor
do the Conservatives actually stand for? Are they @LettersDesk These posters are simply another of Nottingham
still the party of individual ambition, of personal his woke, knee-jerk ideas.
Veronica Timperley Refugee children wait for their flight to Britain at Chopin Airport in Warsaw, Poland sir – I telephoned HMRC this week to
responsibility, and of a smaller, more effective London W1 query a tax bill. It took 45 minutes to
state? Or are they now something else: a more
social democratic party that has embraced soft-Left Ukrainian refugees face absurd British red tape get through. After a few minutes of
economics and “social justice”? Mr Sunak’s Spring Rustat uncancelled conversation with a lady, she said: “I
am really sorry but I have to let my dog
Statement was an opportunity for the Government sir – The Homes for Ukraine scheme the public to offer space in their in”. I was flabbergasted. This total
to answer this question, to start laying the sir – The leaders of Jesus College, is an utter embarrassment to Britain. homes and their willingness to fill in incompetence needs to stop.
Cambridge, have stated that they are We set up a local support network to complicated application forms. It Sarah Trethowan
intellectual groundwork for the next election. “shocked” by the Consistory Court’s welcome refugees here and to must now put enough staff on the Par, Cornwall
Instead, it left behind only confusion. refusal to permit them to remove the surrounding villages, but we can’t visa process to enable refugees to
In the autumn, the Chancellor must elaborate on
his plans to increase the country’s economic
Tobias Rustat memorial from the
chapel (report, March 24), and have
find any under this scheme. The
matching information we gave is not
start coming here. Many have been
living in temporary shelters in Save the Children snub
growth rate, to support households whose declared: “We will now carefully being used. Why? Poland and other neighbouring
disposable incomes are collapsing and to make the consider our next steps.” For those who have matched up, countries for weeks. They are sir – The decision by Save the Children
Many of us alumni hope that those the main problem is that refugee running out of money. to refuse a donation of $1 million
national debt more sustainable. Mr Sunak said little steps do not involve wasting more of the families need help to fill in the It is not good enough for the (£750,000) from the North Sea gas
this week about how that might be achieved: college’s historic resources – so many of lengthy visa form, supply biometrics, Government to come out with company Neptune Energy (report,
Conservatives have long understood that the best them deriving from the generosity of passports, and so on. Often they fled generous sound bites. It must March 23) is staggeringly self-
route to increased prosperity is to empower Rustat himself – in pursuit of a lost cause with just some nappies and a bag of now deliver. indulgent and morally questionable,
companies to grow, and individuals to earn more, inspired by a spiteful cancel culture. food and have no way of doing all John Lane since it betrays the interests of all those
via tax cuts and deregulation. That deficiency must Francis Bown this. They have no money. How will Coulsdon, Surrey needy children whom the charity will
London E3 they travel 1,000 miles to our shores? now be unable to help as a result of
be rectified urgently, or the intellectual chaos into Even when all those hurdles are sir – President Biden does not turning down this substantial sum.
which the Tories have descended will cost the
country dear. Monolithic meal overcome, we need to be vetted and
our homes inspected.
represent Nato as a whole and his
refusal to facilitate Polish jets going
Neptune’s business is in no way
ethically dubious. Indeed, North Sea
We are failing Ukrainians with our to Ukraine should not prevent gas is recognised as a relatively clean
O
The Save the Children decision
ne of the more positive developments to looked like lamb appeared for each a non-urgent situation, and 150,000 successful in the ground war but do amounts to no more than vacuous
arise from Vladimir Putin’s brutal invasion table of 12. When this was returned to places for the needy are going not prevent Russian artillery and air virtue-signalling.
the kitchen it looked exactly the same begging in a time of crisis. power from laying waste towns and I for one will never donate to the
of Ukraine is the reinvigoration of Nato. size as before, since only the modicum Tom McKenzie cities, targeting civilian populations, charity again, since if it can airily turn
After the end of the Cold War, it was widely seen to of lamb attached to the bones had been Stonegate, East Sussex and committing war crimes. Ukraine down such a large donation it
be an alliance lacking a purpose, although it did eaten. We called it Stonehenge. desperately needs fighter jets to obviously does not need my money.
come to the aid of the US following the 9/11 attacks. Julia Tingle sir – The Government has not defend its population, and Britain, as Nigel Henson
The threat posed by Russia was deemed to have East Chiltington, Sussex provided a service to match up the mother of parliaments, should Cheltenham, Gloucestershire
faded, and recent Nato summits were preoccupied Ukrainian refugees and British set an example by being the first
with arguments over the failure of certain
sir – At boarding school many years
ago we looked forward to “Burial
sponsors. I suspect it hoped this
would slow down or limit the
country to step up and encourage
others to follow suit. Trans athletes
members to spend enough on defence. Mound” for breakfast once a week. number of applications. Fortunately Vladimir Putin must be stopped
No longer. Yesterday’s emergency summit in It comprised leftovers from Sunday there are many people living in from slaughtering Ukraine’s men, sir – Why does it seem to be only trans
Brussels resulted in a robust statement lunch made into huge mound-shaped Britain with connections to Ukraine women and children. The free women who compete in sport
condemning the Kremlin and warning China not to omelettes and would be taken in who have been able to help match world must act now to prevent (“Governor refuses to recognise trans
help the Russians. Nato members have provided procession to the table. Delicious. sponsors with refugees. another Aleppo. swimmer’s title”, report, March 24)?
Margaret Clark Our Government has Michael Fabb Jim Alloway
arms to Kyiv that have served to deny Putin an easy Salisbury, Wiltshire underestimated the generosity of Chobham, Surrey Steyning, West Sussex
victory. The alliance’s eastern flank has been
reinforced with extra troops.
Nevertheless, this crisis has exposed Nato’s
T
he formula of the war in However, this ideology has taken and ethnicity but on a shared church, between Russian “traditional values”
O
xford may be known as the city of dreaming leadership has borrowed them from manipulated by the Kremlin to create Orthodox Christianity, despite its Ukraine is at the forefront of this
the Russian Orthodox Church. narratives that incite Russians to claims to protect it, and should be clash. What the Ukrainians stand and
spires, but it’s no thanks to Bill Heine. The The leader of this church, Patriarch support the aggression as they look condemned as heretical. spill their blood for are Western values.
late Mr Heine was responsible for the Kirill, is far more than just a religious to the church for a national identity This in particular is the point of A These values, which include solidarity,
Headington shark, a lifesize fibreglass sculpture leader. He is the architect of the rather than faith. Declaration on the “Russian World” justice and accountability, are not only
embedded in the roof of a suburban terrace. It was Russian worldview which has been Within the Russian Orthodox (Russkii mir) Teaching recently political, but also spiritual. They are all
just around the corner from another of Mr Heine’s framing the conflict in Ukraine – my Church itself, this has taken on a signed by many Orthodox scholars, a genuine part of the Christian
projects, a cinema called Not The Moulin Rouge, home country – since it began in 2014. more intense and dangerous form. A as well as theologians from other tradition, which both President Putin
Kirill has been no stranger to majority within the church either Christian traditions. In this and Patriarch Kirill claim to protect,
easy to spot from the giant can-can dancer’s legs controversy in his time as patriarch. but in effect damage and destroy.
actively or passively support the war document, theologians explicitly
he’d had sculpted onto the roof. Councillors have First, he was accused of profiting from in Ukraine, perceiving it as “sacred” condemned the ideology of the
decided that the shark deserves special heritage the privilege granted to the Church in and a form of self-protection against church hierarchy as inconsistent Dr Cyril Hovorun is a professor of
status, a decision lamented by Mr Heine’s son, Dr the mid-1990s to import cigarettes the imagined imposition of “Western with the broader Eastern Christian ecclesiology at Sankt Ignatios College,
Magnus Hanson-Heine. He observed that this is duty-free, but it was never proven. In values”. Russian propaganda Orthodox tradition: “We reject the Sweden
“exactly the opposite of the point” of the sculpture, 2012, he was accused of wearing a presents these values as promoting ‘Russian world’ heresy and the
Swiss Breguet watch worth over sexual minorities, destroying shameful actions of the Government
originally erected in protest at council planning
£20,000. According to material in the families, and generally propagating of Russia in unleashing war against
policies. This is one of the problems of an Soviet Archives, he was once an active “immorality”. Such a perception Ukraine which flows from this vile follow Cyril Hovorun on Twitter
increasingly permissive age: it is getting ever officer of the KGB, though, if true, has might be seen as little different from, and indefensible teaching with the @cyril_hovorun; read more at
harder to be a rebel. also engaged in their removal from for example, that held by members of connivance of the Russian Orthodox telegraph.co.uk/opinion
18 *** Friday 25 March 2022 The Daily Telegraph
Inside
Charlotte LYTTON p.20
& Arts
and
Robbie COLLIN p.23
The Duke and Duchess of Cambridge arrive for a dinner hosted by Patrick Allen, Governor General of Jamaica, at King’s House, Kingston
TOBY MELVILLE/PA; HULTON ARCHIVE/GETTY IMAGES
T
he optics of the royal tour of the between the Commonwealth of Nations Australia held a referendum on “It is a great pity about the Caribbean
Caribbean have not been great. – 54 member states, mostly former whether to become a republic – tour,” Vickers adds. “Usually when the
Though they were bursting with British Empire colonies, known as the monarchists won by 55 per cent to 45 young royals go on these tours – in
goodwill, the Duke and Duchess of Commonwealth – and the per cent, although the debate is still places like Australia – it is a great
Cambridge looked more than a little Commonwealth realms. Membership of bubbling away today. In Canada, in success. I am sorry if this isn’t.”
awkward as they “shook their waists the Commonwealth, originally created 2012, the Liberal Party (now in power Should Jamaica and its fellow realms
like nobody’s business” and played the as the British Commonwealth of under Justin Trudeau) debated a reconsider the urge to cut those
drums in Belize and Jamaica. Nations in 1926 and formalised in 1931, motion over becoming a republic, long-held familial ties, it could be a wise
The royals’ visit has coincided with a is voluntary. The Queen is the head of which was rejected by 67 per cent to 33 move. The Commonwealth still remains
swelling wave of republicanism in the the Commonwealth and, in 2018, the per cent. Then again, just nine years a valuable source of “soft power” for its
Caribbean. First, farmers in Belize, Commonwealth Heads of Government later, a 2021 survey showed just 22 per members. For one thing, it includes
protesting about land rights, stopped Meeting appointed Prince Charles as cent of Canadians want Prince Charles almost a third of the world’s population,
the couple’s first appointment. Then, her eventual successor. as their head of state. about 2.6 billion people.
when the Cambridges got to Jamaica, Within this group, there is a further Before Barbados cut the cord with Membership is sometimes
Prime Minister Andrew Holness made it demarcation. Fifteen member states the Queen last November, it was a full complicated due to other political
plain that the country’s true ambitions still consider the Queen their head of 30 years since the last country removed concerns. When Robert Mugabe was
are “as an independent, developed, state – including the United Kingdom her as head of state: Mauritius, in 1992. president, Zimbabwe left the
prosperous country”. and Jamaica. These are known as the Guyana, Trinidad and Tobago, and Commonwealth in 2003, only to
Prince William did his best to fend off Commonwealth realms. The remaining Dominica became republics in the reapply in 2018 after he was ousted in a
anti-colonialist attacks in his Jamaica Commonwealth members don’t have 1970s, while Fiji went solo in 1987. coup (a decision hasn’t yet been
speech, expressing his “profound the Queen as head of state: 34 are In stark contrast are those realms reached). South Africa pulled out in
sorrow” for slavery which “should republics, and the last five have where the monarchy remains 1961, amid criticism of apartheid from
never have happened”. different monarchs. Adding to the extremely popular. Papua New Guinea, the other member states, and then
But was it too little too late? Is the potential for confusion, not all for example, despite being 9,000 miles rejoined in 1994. Meanwhile, Pakistan’s
monarchy rapidly becoming an for the Queen, and some deference The Queen in the British Virgin Islands in Commonwealth member states are away from the UK, is one of the least membership was suspended in 1999
anachronism in the Caribbean and towards Charles. Yet some have gone as 1977, above; a protester in Jamaica urges former British colonies either. Rwanda likely to become a republic. The Queen after a coup; it was allowed back four
elsewhere in the Commonwealth? And far as to suggest that ‘Megxit’ – and the the royals to apologise for slavery became a member in 2009, is essentially an elected monarch there: and a half years later. And the Maldives
will the Commonwealth itself soon be a Duke and Duchess of Sussex’s claims Mozambique in 1995; both were after the country gained independence left in 2016, over its human rights
thing of the past – not just when the about racism in the Royal family – have Canada or Australia since August 1962, formerly governed by Belgium. from Australia in 1975, it appointed the record, but was readmitted in 2020.
Queen sadly goes, but even before that, affected Jamaica’s attitudes. when it became a free, autonomous Perhaps inevitably, Commonwealth Queen head of state. Perhaps all that the current royal tour
as more countries follow Barbados and Certainly, the behaviour of Lisa democracy. It could have opted for a realms are more closely linked to the Moreover, as Hugo Vickers, shows is that we are at one of those
remove her as head of state? Hanna, a former Miss World, now a presidential system back then, but it UK than those other countries. The biographer of Queen Mary, the Duchess periodic lows in the cycle of the
“I definitely think that the politician with the People’s National was the Jamaicans themselves – not the Privy Council still hears judicial of Windsor and the Queen Mother, Commonwealth’s popularity. That the
Commonwealth is in decline,” says royal Party, who wants the country to British government, let alone the Queen appeals from these seven: Antigua and notes: “Some countries are keen to join future Charles III was chosen as its next
biographer Anna Pasternak, author of “become free from the monarchy”, – who specifically chose to retain her as Barbuda; the Bahamas; Saint Vincent the Commonwealth – but it head shows that a royal chief remains a
Untitled: The Real Wallis Simpson, was the cause of an especially awkward head of state, not least as a bulwark and the Grenadines; Grenada; needs some oomph put into it.” popular idea, given there is no rule that
Duchess of Windsor. “When you reflect moment, when she appeared to turn against overmighty politicians.” Jamaica; Saint Lucia; and He expects a “bounce” this the head of the Commonwealth has to
on the tours the Queen and Prince her back on the Duchess during a The Queen’s view, Hardman summer, when the be the monarch.
Philip undertook so dutifully, the whole formal welcome ceremony at Kingston suggests, will be “that if it is the settled Commonwealth Games are It is possible to maintain that
world has since changed.” Airport on Tuesday. Yesterday, she will of the people to ditch the Crown, held in Birmingham. umbilical link between the monarchy
She adds: “Once the Queen is gone, I made clear that she did not snub the then that is their choice. But some of However, he expresses and the Commonwealth. But few would
suspect the Commonwealth will be Duchess, but added: “The evils of this week’s angry social media a certain frustration argue against a need for the monarch
finished. This Caribbean tour seemed slavery cannot be forgotten. Nor can the depictions of the Royal family as an with recent attempts and their advisers to establish a modern
patronising and outdated. Kate and wealth gained from it by a few.” imperial throwback clinging to power to keep the ship and delicate balancing act – to maintain
William dancing and drum-beating was But the future needn’t be bleak for are nonsense. Jamaica could have steady. the Commonwealth as a club of equals,
excruciating. I don’t think that the the monarchy and Commonwealth if changed its constitution anytime – like Tuvalu. Giving “The Queen rather than giving the impression of a
Cambridges can turn it around, because the Royal family play their cards deftly. Trinidad did in 1976 – but chose not to. up the Queen as called the top-down set of former colonies.
a thirtysomething apologising for “I think what this tour has shown is “Writing my new book, I found head of state Commonwealth ‘a
slavery just doesn’t land well. widespread misunderstandings about references to a Jamaican referendum on wouldn’t family of nations’, Harry Mount is author of ‘How
“Charles had a better time in the role of the Commonwealth, and the this as far back as 1975, but there was necessarily end and the holding England Made the English: From Why
Barbados because the older generation role of the monarchy,” says royal simply no great public appetite. And it that jurisdiction. together of it has been We Drive on the Left to Why We Don’t
have more gravitas and he displayed a biographer Robert Hardman, author of will make no difference to Jamaica’s But, even if one of her great Talk to Our Neighbours’ (Penguin, £9.99).
certain humility, whereas Kate and a new book, Queen of Our Times: The future membership of the Jamaica does remove achievements,” he says. Buy now at books.telegraph.co.uk or
William came across as too try-hard, Life of Elizabeth II. “We hear Jamaican Commonwealth, which is a voluntary the Queen as head of “Funnily enough, the call 0844 871 1514
like awkward guests at a party.” politicians and commentators talk club. India, for example, is a member, state, should we assume the Sussexes, had they not had their
Jamaica may well be the next country about the need for Jamaica to be ‘fully and the Crown has zero influence over 14 other realms would do the own agenda, could have done a Now turn over to discover the
to remove the Queen as head of state. independent’ – yet it already is. It has India.” Part of the issue is that few same? It’s by no means a superb job with this. But it was history of the jewels worn by Kate
Yet Jamaicans still have a lot of affection been as independent as the UK or understand the clear distinction foregone conclusion. In 1999, not enough for them. on this Caribbean tour
20 *** Friday 25 March 2022 The Daily Telegraph
catastrophic injuries tells Charlotte Lytton were up 60 per cent on the previous
year, with nearly a quarter from
women experiencing physical
of her daily struggles – and fight for justice violence. Almost a fifth said their
abuser had threatened to kill them.
A
picture of Angel Lynn has been Bowskill’s original sentence –
circulating in recent months, of factoring in early release, and his time
the then-19 year old smiling, a spent on remand – could have seen
striking beauty with her blonde hair him walk free in June 2024, having
against a multicoloured wall. Since served just three years. Leniency after
September 2020, the Lynn family have such a horrific crime provided a
been living an alternative reality, left turning point for the Lynns who,
with a very different Angel, who can emboldened by the public outcry,
LEICESTERSHIRE POLICE/SWNS
I
f there is one thing that the royals
do well, it is jewellery. It’s no
wonder, with their vaults of
treasures, either inherited, received
as tokens of affection or as
diplomatic gifts.
ANWAR HUSSEIN/GETTY/REUTERS
Judith Woods
Sunak the forecourt jester isn’t fooling anyone This is not the
day for leaving
your mother
alone... trust me
T
he puppy! Fetch that puppy,
pronto! If ever a Chancellor of
the Exchequer needed an
emergency photo-op with Little Nova,
C
his winsome red Labrador, it is now. an I please lobby on behalf of
For our man in No 11 wants to get a midlife mothers everywhere
car-crash photo that’s doing the now that “our day” is fast
rounds out of the public’s mind. approaching? We don’t want
I say car crash, but in case you were personalised socks with prosecco
fooled – as we were, for so, so long motifs. We won’t be deeply moved by a
– the snap of ever-so ’umble Sunak personalised wallet. Nobody on the
cheerily filling up a jaunty red Rio on a planet needs personalised wooden
garage forecourt was nothing more salad servers. We know who we are.
than a publicity stunt to promote his And the names of our children, too, so
Spring Statement, and the great news cancel the jingly-jangly initialled
about fuel duty being cut by 5p a litre. charm necklace, ta.
But it was fake-Kia news. Newbie mothers are exempt,
The car wasn’t his. It belonged to obviously. Somebody has to prop up
some bewildered Sainsbury’s worker, the £1.34 billion industry that is
hijacked for propaganda purposes in Mother’s Day here in the UK.
exchange for a top-up of his tank. To They are allowed to – required to –
be fair, none of us can afford to turn up wallow in gin-fizzy bath bombs, wear
our nose at such largesse in the current scarves embroidered with “to the
cost of living crisis. I’d have hauled out moon and back” mawkishness and
a couple of Jerry cans from the boot if show off bespoke earrings lovingly
they were going to be financed on the crafted from discreetly preserved
EDDIE MULHOLLAND FOR THE TELEGRAPH.
A
friend has just about whether or not he After the pandemic put ultimately meant that
returned from a trip should honour his booking, global tourism on pause, someone else somewhere
to Poland. He wasn’t for fear of “getting in the countries and cities reliant else could be given a bed
driving a school minibus way” while war rages in the on visitors urgently need for free.”
packed with mattresses adjoining country. the sort of local cash boost So if you’re thinking of
and clothing and random “I called up the hotel that holidaymakers bring. getting away at Easter, why
items from his basement to there and asked for advice,” “It did feel a bit surreal to not head to Poland,
the Ukrainian border. he says. “They were be wandering about in the Romania or Hungary?
He wasn’t anywhere near adamant I should still sunshine, knowing there Every restaurant meal
the border because he was come, because I would be was absolute turmoil on eaten, every overnight stay
on a minibreak to Wrocław, warmly welcomed and the other side of Poland,” is a concrete way of
visiting the sights and because the very last thing my friend admitted. supporting the economies
enjoying the local nightlife. the countries in Eastern “But the message was that are in turn supporting
Although he planned it Europe want is to be very much that me paying refugees. And all three are
ages ago, he was conflicted abandoned by the West.” the full rate for my bed beautiful this time of year.
22 *** Friday 25 March 2022 The Daily Telegraph
T
here is no more obvious poster
girl for the sanctions against
Russia’s oligarchs than
Scheherazade, the 140m megayacht
allegedly owned by Vladimir Putin. from a Russian owner could spell
With six decks, two helipads, a spa bankruptcy.
complex, billiards room and a Even Russian yacht-owners who
swimming pool, she is a gleaming have not been sanctioned themselves
white symbol of excess, and looms are still struggling to get money out to
over whichever luxurious quay she support their boats. Where owners are
happens to be moored at. Few will not directly sanctioned, there are a
I
n the butcher’s last Sunday my eye little gem, peas, asparagus and blue the liquor. This time, I fancied a couple
was caught by a hunk of smoked cheese. Tonight it’s finding its way into of cubed, waxy potatoes. They absorb
bacon. It had a thick rind, plenty of this soupy, stewy little one-pot dish. some liquid but not too much – use
creamy fat and marbled meat roughly Fry the bacon first so that the onion something like a Charlotte potato and
the colour of Farrow and Ball Red gets a chance to sweat in the smoked the chunks will retain their shape.
Earth. I’m normally a bit lazy with bacon fat. Then you can either top the Plenty of lemon juice and zest is key,
bacon and just buy slices for finished dish with the slices of bacon, and I like finishing it with a spoonful of
sandwiches and little supermarket or if you prefer you can shred and stir something creamy. Mascarpone was
packets of pancetta or lardons for them through at the end, or even what I had (leftover from a tiramisu last
pastas and stews. But I couldn’t resist re-crisp them in a pan and sprinkle on weekend) but you could use ricotta,
buying a great slab of English smoked top like a little bacon crumb. full-fat crème fraîche or sour cream, if
bacon. I’m glad I did, because it’s Frozen green veg is so helpful when you fancy something funkier.
TONIGHT’S
RECIPE
Thick-cut bacon
with brothy broad
beans, peas and
potatoes
Serves 2
Ingredients
Olive oil, for frying
80g thick-cut bacon or pancetta,
sliced
An onion, sliced
1 large clove of garlic, sliced
2-3 large waxy potatoes, cubed,
skin-on
A bay leaf
2 heaped tsp tomato purée
250ml white wine
250ml water or stock
160g frozen broad beans
150g frozen petit pois
1 lemon, juice and zest
2 dessert spoonfuls of mascarpone
(or something else creamy)
Method
Set a large casserole pan
over a medium heat with a
splash of olive oil. Fry the
slices of pancetta until
crispy. Remove from the pan
and set aside.
Film
C ODA BELFA ST
W E ST SIDE STORY
T
he 2022 Oscar season has largely Apple bought CODA at Sundance last moseying into the sunset with this, but apparent out-of-placeness in the the Baftas, where Kotsur, a US stage As a remake of a 2014 French comedy
been a sedate old affair, with year for $25 million – a record-setting the change in temperature can’t be Western genre to clue the audience and screen veteran, unexpectedly called La Famille Bélier, CODA is
courteous campaigns and sale for the festival, and the cause of denied. Given the manifest brilliance into the roiling contradictions in his triumphed. He’s only the second deaf officially an adapted work. Its trite,
category frontrunners that broadly many raised eyebrows among those of of so many of its rivals, CODA’s character’s conflicted sense of self. acting nominee in Oscar history – his platitudinous burbling also makes it
made sense. But now, as we round the us who weren’t convinced by its triumph would be an upset for the ages CODA co-star Marlee Matlin was the odd-one-out in an otherwise
final bend: absolute chaos. contrived and clichéd storytelling, and an all-time Oscar embarrassment. Best Actress the first in 1987, and as it was for spectacularly accomplished field. An
For months, three films struck every cartoonish characterisation, and From Dune to Licorice Pizza and Drive Should win: Kristen Stewart, her, victory also seems assured. Elena Ferrante novella, a literary
Oscar analyst and soothsayer as the freshly swept, mid-noughties Disney My Car, deserving alternatives are Spencer The shortlist doesn’t dismantling of the Western, a science-
ones to watch. Kenneth Branagh’s Channel aesthetic. right there, drawn from all points Will win: Jessica Chastain, exactly show the Academy fiction tome of doorstop dimensions:
bittersweet cine-memoir Belfast and But it paid off. The enormous along the art-house to blockbuster The Eyes of Tammy Faye at its most inspired – these aren’t easy sources to convert
Jane Campion’s bewitchingly prickly technology corporation went on to scale. And in West Side Story, the Chastain’s prosthetically where are the West Side into scripts. But Hamaguchi and Oe’s
psychological Western The Power of the successfully position their candidate as Academy has a dream Best Picture enhanced rubberface work in Story boys, or Jason Isaacs in seamless weaving together of three
Dog would surely jockey for the both plucky underdog and populist right in front of them: the finest film in her recent biopic of the US Mass, or Bradley Cooper in Haruki Murakami short stories is as
higher-profile trophies, while Denis choice. Now Apple may be about to two decades from one of the great televangelist Tammy Faye Licorice Pizza? – but Smit- elegant as screenwriting gets.
Villeneuve’s sprawling science-fiction become the first streaming company to modern studio directors, and, in the Bakker is the showiest and McPhee would make a fine
adaptation Dune milled around behind win Best Picture, beating poor old era of content overload, as spirited a least persuasive of her winner, as the nephew of Best Animated Feature
them, harvesting the technical gongs. Netflix on their first attempt. In fact, defence of the motion-picture format three nominated Cumberbatch’s tyrannical Should win: The Mitchells vs the
But then, two weeks ago, the Baftas there are whispers of a sizeable “Never the industry could hope for. In a few performances to date. rancher whose slow shift from Machines
happened – and around them the guild Netflix” faction among Academy years, we’ll be stunned it was taken for But she’s also one of spindly victim to – well, Will win: Encanto
awards, presented by the Hollywood- members, who’ve taken venomous granted. only two nominees in something more complex, is Netflix fought a heroic campaign for
based trade associations and unions umbrage at the company’s disruption this year’s category icily mesmerising to behold. The Mitchells vs the Machines, a family
representing directors, actors, writers, of Hollywood’s business-as-usual over Best Director who have yet to win road-trip comedy set during a robot
the last nine years. Should and will win: Jane Campion, an Oscar outright, Best Supporting Actress apocalypse, and brought to life with a
That’s certainly a possible The Power of the Dog and as with Smith Should and will win: Ariana dazzlingly innovative blend of digital
explanation for The Power of the Dog’s A timely opportunity to reward a (above), voters will DeBose, West Side Story and hand-drawn techniques. But the
odd lack of traction in the acting and modern master, and increase the probably seize on Spielberg’s Anita is the only current buzziness of Encanto, and the
craft categories at other ceremonies. number of female winners in the this excuse to frontrunner to have felt more inescapability of its musical numbers,
But it doesn’t account for the fading of category to a still wildly embarrassing bring her into the or less settled since skews the odds heavily in the favour of
THE POW ER OF THE D O G January – and for
Film Newsletter Belfast – the audience award winner at three. But if Best Picture goes to CODA, club. Stewart, a Disney’s self-discovery fable. (A
Toronto and an obvious traditionalist’s this will have the air of a consolation first-time nominee, anyone who’s seen performance of We Don’t Talk About
Get exclusive commentary from pick. Made expressly for cinemas, prize. is by contrast new the film, that should be no Bruno is being touted as one of the
Robbie Collin, along with the latest artful and personal yet accessible, to all this, though surprise, since her coups of Sunday evening’s ceremony,
reviews, in our free Film newsletter made by a widely admired director, Best Actor her Princess performance signals the despite it not even having been
telegraph.co.uk/filmnewsletter and a commercial hit: what’s not to Should win: Benedict Cumberbatch, Diana in Spencer is undeniable arrival of a nominated for Best Song.)
A glistening, high-
entire sequences here which look as and mere minutes into the second, her heels for Oslo itself, in the same way
T
though they might have been shot by a he film world might have given heart is coaxing her off course. At a so many American films swoon over
monkey with a jetpack. up on smart romantic comedies, wedding reception, she meets Eivind New York.
For a certain type of critic and but nobody seems to have told (Herbert Nordrum), a genial coffee- Even when the initial heat of the
T
here is something charmingly Cam is trying to save (when we’re assignment. Their characters could or “my bad”: more self-deprecating
utilitarian about the new Michael introduced to Zach, we know that he’s a hardly be described as complex, but all aside than brutal moral judgement.
Bay film being titled Ambulance: trustworthy sort because he and his three are a pleasure to spend time with. Reinsve plays Julie, a bright, restless
imagine if Dog Day Afternoon had been partner are enthusiastically discussing There is joy – perhaps these days Oslo woman navigating her late 20s
called Bank, or Speed had been released The Rock, the popular 1996 film more than ever – in seeing action without much sense of what might lie
as Bus. Said emergency-services vehicle directed by Bay). cinema shorn of any franchise beyond them. She’s a medical student
is where the majority of this glistening This pair’s presence means that the complications, and simply chasing turned psychology student turned
pursuit thriller takes place – it’s cops can’t simply shoot out the vehicle’s excitement with every sinew. After aspiring professional photographer –
hijacked by two bank-robbing brothers, tyres; instead, it has to be chased down endless mugs of freeze-dried decaf, which is to say bookshop employee and
Danny (Jake Gyllenhaal) and Will and cornered. As plots go, it’s a Grand Ambulance is the real-deal triple owner of lots of expensive camera
(Yahya Abdul-Mateen II) Sharp, during Theft Auto mission with airs – a espresso. equipment, purchased with her
their escape from a vault in downtown gossamer pretext for two hours of student loan. Our first glimpse of her is
Los Angeles. Danny’s father was a windscreen-shattering carnage. In cinemas now a real catch-your-breath moment: she’s A runaway success: Renate Reinsve stars in this double-Oscar-nominated love story
24 *** Friday 25 March 2022 The Daily Telegraph
he wasn’t mad’
The 43-year-old Ford is a mostly
distancing, the AstraZeneca unsung hero of British music.
Emerging from the ashes of indie band
jab and Brexit Easyworld, his 2005 solo debut I
Sincerely Apologise for All the Trouble
‘B
etter to be a dog in times of I’ve Caused saw him hailed in
tranquillity than a human in prominent publications as a new Bob
times of chaos” is a Chinese Dylan, but he turned out to be
saying that, by a process of something more akin to an angrier and
mistranslation and interpretation, has more cynical Billy Bragg. His work is
been transformed into the apocryphal perhaps too straight for modern tastes,
T
hree days before his death from musician unable to ply his trade due to and snowflakes carries its own risks. A
cancer in 1959, Stanley Spencer government edict. towering finale, Person, Man, Woman,
was visited by a young man who “Oh raise me high above the flood/ Camera, TV has particularly
had known him almost all his life. Deploy the soldiers in my blood/ The devastating verses, but listeners may
Richard Martineau was 21 at the time, time has come, the moments gone/ need footnotes to grasp the
but vividly remembered when he had The needle I can pin my hopes on,” he significance of the chorus’s reference
CORBIS VIA GETTY
first met the painter, who had drawn sings on 2 Shots, perhaps the first (and to a weird moment in Donald Trump’s
his portrait when he was five years old, hopefully the last) singalong anthem to presidency (when he kept repeating
as his mother read aloud from Alice in include the word “AstraZeneca” in the those five words to demonstrate his
Wonderland. At their final meeting, the chorus. A lot of artists have released cognitive health). Ford has delivered a
dying artist reminded him what he had what might be interpreted as bulletin-board album with great
been wearing for that sitting as a boy, pandemic albums over these lean dramatic force, but it might strain for
and then, exhausted, passed him a note He would come for Sunday lunch then proceeded to evict him. “He just Fresh-faced: five-year-old Richard years, but Ford’s is the most brutally impact in times that have arguably got
which described how he’d felt when he regularly, by bus, and often take tea accepted it,” says Martineau. “I don’t Martineau in the portrait by Spencer, left on-the-nose. On his bitter piano ballad even more “interesting” since he
first met the family: “I knew I had what with the children. “He seemed a think he had many needs. He was The Bar is Open, he conjures a recorded it.
I so wanted, Friends!” childlike-size,” Martineau recalls. scruffily dressed, with glasses that of Preece, Patricia at Cockmarsh Hill nightmarish drinking establishment Neil McCormick
That lovely drawing is on the wall (Spencer was 5ft 1in.) After lunch, he often had oil paint on them around the (1935), appears in a new exhibition, where everyone (including the hostile
beside Martineau as we drink tea and would often play Bach on the piano, edges. He certainly never had a car. He Delight in Nature: Stanley Spencer’s barman) fears each other’s proximity, Also out Placebo: ‘Never Let Me Go’ (So):
talk in the Suffolk farmhouse where he slowly and carefully, or take a nap – he lived for his painting.” World, in Cookham later this month. while the tender lament 6ft Apart Machine Gun Kelly: ‘Mainstream Sell
now lives with his wife Diney. Its would arrive with pyjamas on under Later, Martineau’s father and Lord Other works evoke life in the fields ponders the difficulty of maintaining a Out’ (Interscope): Koffee: ‘Gifted’ (Sony);
precise draftsmanship is his trousers. “He was eccentric but not Astor, who lived nearby at Cliveden, and gardens of the village he loved. safe distance from a shielding loved Michael Bublé: ‘Higher’ (Reprise)
extraordinarily characterful. mad,” insists Martineau. would buy back the house Spencer was Martineau recalls Spencer spending
Martineau’s parents Jack and born in for the artist to live in. many hours painting their garden in An angrier, more
Catherine – Cash – had befriended
Spencer after a family friend had asked
‘I don’t think he had Preece remains a fascinatingly
enigmatic character, whose own
Taplow for the work Rock Roses
(1957) – “He used tiny brushstrokes,
cynical Billy Bragg:
David Ford writes
Cash if she knew that she lived “within many needs. He never artworks – painted by Hepworth and he painted everything that came sharp social
reach of one of the greatest living
artists”. Spencer, who at the time was had a car. He lived for but passed off under her name –
were owned by the likes of Virginia
out. It took ages,” he laughs. “There
are flowers in it that could never be
commentary that’s
full of emotion
in his early 50s, lived barely four miles
away from the Martineaus’
his painting.’ Woolf and Augustus John. In her
book, A Private View of Stanley
out together.”
And he remembers Spencer coming
Buckinghamshire home, further up Years later, Martineau would go to Spencer, Louise Collis describes how up to visit them by train in Suffolk,
the Thames in the village of Cookham. collect Spencer for lunch by car. At the Preece “would chase [Spencer] when his parents were living there. “It
Cash visited him and cheekily asked time, the artist was living and painting down the street, shouting abuse and was a hot summer’s day. And as he
if he would draw her son for £10. in one room – a result of a major striking him with a tennis racket”. came in, he rushed straight through
Thereafter, Spencer would draw marital mishap. He didn’t talk about Preece is also the subject of some of the house, out the [back] door, flung
Richard’s brother and two sisters, as his second wife, Patricia Preece, Spencer’s most remarkable himself on the lawn and smelt the
well as their nanny, and also paint the whom, Martineau says, Spencer hated. paintings, such as the Double Nude grass then said, ‘Oh, that’s better.’ ”
rather grand portrait of his father, JE Preece, who refused to consummate Portrait of them both from 1937,
Martineau (1956), in his robes as Master the marriage and continued living with which were considered very ‘Delight in Nature: Stanley Spencer’s
of the Brewers’ Company. Spencer her lover Dorothy Hepworth, had had shocking for the time but inspired World’ is at the Stanley Spencer Gallery,
himself decided the fur was as good as the artist sign his home and studio over artists like Lucian Freud. Cookham, from March 31 to October 30;
Tintoretto’s. to her before their wedding in 1937, A more romantic, pastoral image stanleyspencer.org.uk
The Daily Telegraph Friday 25 March 2022 *** 25
I
n an opera triple bill to celebrate its discovering a coven who are
bicentennial, you might expect the reinventing the concept of witching;
Royal Academy of Music to explore on the other, Jane, a 16th-century
work since 1822. But this unusual, fully healer in Scotland viewed with
staged production went further, and suspicion as a potential witch,
took us back to the very beginnings of oppressed and persecuted.
opera itself in Monteverdi’s anguished Already a much-commissioned
Lamento d’Arianna of 1608. This is the composer, Waley-Cohen showed real
only surviving part of the music for the skill in musically characterising the
opera Arianna, because it was two worlds in dramatic terms, each
published separately. Its emotional scene obsessively focusing on a single
power is undiminished today: it was instrumental combination that drives
delivered here by Sophie Sparrow with it forward: bright with celesta and
MARK ALLAN
a rare mixture of focus and passion, percussion sounds for the girl-centred
supported by an expert trio of lutes led world of the present; sombre with low
by Elizabeth Kenny. strings for the heavy-handed
F
ounded by the flamboyant, met in 1960 in the very hall we were Shostakovich’s Cello Concerto No. 1. The In the slow movement, the solo
eccentric and extraordinarily rich sitting in) and also popular. Britten’s soloist was Pablo Ferrández, a young melodies from cellist Richard
Sir Thomas Beecham 75 years ago, Young Person’s Guide to the Orchestra is Spanish cellist who collects prizes at Harwood and clarinetist Katherine
the Royal Philharmonic Orchestra is one of those pieces anyone over a international competitions the way a Lacy, rapturously intertwined over
the great workhorse of the orchestral certain age remembers fondly from pullover collects burrs. Such musicians Patrick King’s drowsy kettledrums,
world. One week, you’ll find it playing their childhood. It feels somehow have amazing technique but just about stilled my qualms. Walton’s
music from computer games, the next ubiquitous, but actually is quite rarely sometimes lack personality. Not symphony may not really be a
CRAIG FULLER
a blockbuster movie programme, the played. So it was a pleasure to hear this Ferrández, who displayed first class masterpiece, but in a wonderful
week after that a “serious” concert brilliant confection, although the very musicianship and real character. performance like this it seems such a
such as this one. The orchestra has opening was the only misstep of the The most taxing section is the huge brilliant imitation of one that you
recently appointed a new music evening. solo cadenza that links the third and hardly mind. Magical: Freya Waley-Cohen’s Witch featured atmospheric video design
director, Vasily Petrenko, the Petrenko launched the famous final movements, which, in this
energised and perpetually boyish melody by Purcell on which the piece performance, seemed to rise with
Russian whose 15-year tenure at the is based at a ponderous pace as if to agonising slowness from a black pit of
Royal Liverpool Philharmonic dignify it, which felt odd because it is, loneliness. There was no warm
Orchestra was a golden period in that daylight at the end of that rise, only the
orchestra’s history. partial comfort of a sardonic puppet-
Now should be the happy He described the war as dance, which soloist and orchestra
springtime of his new appointment,
but Wednesday night’s concert was ‘one of the greatest flung off with a nicely-calibrated
appearance of roughness.
overshadowed by world events, as any
concert will be that is led by a Russian.
humanitarian disasters After that, around 20 more players
joined the orchestra for the final,
From the podium, Petrenko reminded of our century’ ear-shattering magnificence of William
Rooted Beings
Wellcome Collection, London NW1
★★★★★
By Simon Ings
‘T
ake a moment to draw a cosmic
WELLCOME COLLECTION/STEVEN POCOCK
DRAMATIC
The engagement is announced stands, but, considering all things, visibility friend to many. Private cremation at FE Commissioner-led Structure and
between Freddie, son of Mr and was very fair. The jockeys were so anxious to Inverness Crematorium on Monday STELLIG.—Rowland John Prospects Appraisal and a decision in
Mrs Tim Motley, of Holland Park, April 4th this will be followed with a
“NATIONAL.”
passed away peacefully on 14th March March 2021 by the board of the Greater
London, and Amelia, daughter of get a clear run at the first fence that there celebration of his life at St Fergus 2022, aged 101. Adored father of Brighton Metropolitan College to pursue
Mr and Mrs Victor Than-Aye, were two breaks-away before Captain Allison Church to be announced at a later date Susan and Philippa, much loved merger with Chichester College Group.
due to the current covid situation.
of Sydney, Australia. allowed them to go. Enquiries to Sinclair Funeral Directors.
grandfather to Michael, Xavier, The date proposed for the dissolution of
Online ref: 606068
MUSIC HALL WINS. And now for a story of thrills, the material for
which is made up in part of the jockeys’ personal
Tel: 01955 602066.
Online ref: 606084
William, James and Edward and his
three great grandchildren. A Funeral
Service will be held at St Mary’s Church,
the Corporation is 1 August 2022.
All students at Greater Brighton
Metropolitan College who have not yet
Dinners experiences. What, for instance, could be more Motcombe on Thursday 7th April 2022 completed their course of study by the
ONLY FIVE HORSES flabbergasting than to see Southampton and de BUNSEN.—Charlie, suddenly at
at 11.30 a.m., followed by private
cremation. No flowers please but
date of the proposed dissolution will
continue their education in the merged
Lord Astor of Hever Shaun Spadah fall at the first fence – the first home in London on 11th March, aged 52. donations to Cancer Research UK, college on the same campus where they
Lord Astor of Hever was the host at FINISH. favourite and the winner of last year! The former Funeral on 12th April, 12 noon, at
St Andrew's Church, Kirby Bedon,
if desired, via Bracher Brothers,
Gillingham, Dorset, SP8 4QL.
studied immediately prior to the
dissolution of the Corporation of Greater
a dinner held by the British stood back at it and met it perfectly, but he just NR14 7DX. Family flowers only. Tel: 01747 898267. Brighton Metropolitan College.
Kazakh Society last night at the If only the weather had remained as fairly placid as touched the top. It did not yield, and he went head Donations to St Andrew's Church, if you A copy of the consultation document on
Online ref: 606000
House of Lords to mark the 20th it was shortly after seven o’clock this morning, at over heels. For Shaun Spadah there was no excuse. wish, via coppingfunerals.co.uk this proposal is available at
anniversary of the Society and the which hour the Duke of York with a few of Lord and Tel: 01508 494434. www.gbmc.ac.uk or via email to
Such was their inglorious exit, reminding one of a merger@gbmc.ac.uk
30th anniversary of diplomatic Lady Derby’s guests from Knowsley, came on to the Online ref: A256223
recent occasion when the favourite, Poethlyn, fell The consultation period runs from
relations. Ms Kathy Leach, racecourse at Aintree! It was dull and chilly then, STEWART.—Captain Sir David - 25 March to 27 April 2022. All responses
Ambassador to Kazakhstan, the at the first fence. 7th Baronet of Athenree, Co Tyrone.
but how much more desirable it was than the rain, DRIVER.—Janet (ex ETOA), of London, and representations must be received by
Ambassador of Kazakhstan and Mr Late of the Royal Inniskilling Fusiliers the closing date via www.gbmc.ac.uk
Rupert Goodman, Chairman of the which came as a deplorable disappointment when
the morning was well advanced. The Duke of York
FALLERS IN DITCH on 11th March 2022, beloved aunt of
Susan, Florence, Peter and the late
and Trucial Oman Scouts. Dearly loved
husband, father and grandfather.
or via email to merger@gbmc.ac.uk.
A summary of the feedback from the
Society, were the speakers. Lord Helen, great aunt, great great aunt and Passed away peacefully on 20th March
Brennan, QC, Baroness Nicholson clearly relished seeing the much discussed Grand treasured friend to many. Funeral at consultation and the outcome will be
It was at the Canal turn that a dreadful contre- 2022. Thanksgiving Service at published by 27 June 2022 on both the
of Winterbourne, the Prime National candidates at quite intimate quarters. He 3.15 p.m. on Monday 11th April at Ipswich St Andrew's Church, Curry Rivel
temps occurred, the cause of all the trouble being Crematorium, Cemetery Lane, Ipswich, Greater Brighton Metropolitan College
Minister's Trade Envoy to
Kazakhstan, and Col Bob Stewart,
had been in the paddock, deserted at this hour
except for those with unbridled enthusiasm and
Sergeant Murphy, who slipped on taking off and IP4 2TQ. No flowers, but donations, if
wished, to Arthroplasty for Arthritis
on 2nd May 2022 at 2.30 p.m.
Enquiries to H Tredwin & Son.
and Chichester College Group websites
and be available free of charge to anyone Public notices
MP, were among others present. baulked no fewer than eight or nine horses In fact, Tel: 01823 672287. who requests a copy.
those having business to do with the exercise of the Charity or CWplus c/o Farthing Funeral
five of them, according to Mr. Dennis who was on Service, 650 Woodbridge Road, Online ref: 606080
Royal London Yacht Club horses, some time before Southampton strolled in General Saxham, were in the ditch at the same Ipswich IP4 4PW or online via
Mr Martin Thomas, Commodore, with his trainer in close attendance. George Poole, time. Hawkins took Sergeant Murphy back and farthingfunerals.co.uk
welcomed members and guests to the trainer of Shaun Spadah, showed his Royal got him over the fence. There were now only five Online ref: 606091
the annual Arundel Dinner of the Highness last year’s winner, and later he walked on others surviving, namely, Drifter, who at once SYKES.—Mark Richard, 9.6.1937 -
Royal London Yacht Club held last 9.3.2022. Funeral: Farm Street Catholic
to the course, watched the horses doing their phys- went into the lead; Music Hall, Arravale, A Double HEMSLEY.—Sally died peacefully on Church, W1 on Wednesday 30th March
night at the Old Bailey.
ical jerks and availed himself of the opportunity to Escape, and Taffytus. Four of these jumped the 20th March, aged 86. Dearly beloved at 3 p.m. and afterwards at The Nags
inspect the fences. The big press of people who wife of the late Jimmy, much loved Head, Kinnerton Street, SW1.
water practically together, and on landing Music
Diplomatic news later appeared on the scene were dreadfully disap- Hall went on with a slight lead.
mother of Scott and Jane, mother-in-law
of John and Ruth, granny to Sarah,
Friends, family, all welcome.
Online ref: A256208
pointed by the calamitous change to rain, but those It was at Becher’s that Arravale was most Ciaran, Ronan, Becky and Niall and
Ms Alison Blake has been who remembered the appalling experiences when great-granny to Evie. Funeral at
appointed Governor of the unluckily brought down, as on landing the Beetham Hall Crematorium on
Falkland Islands and Her Troytown won two years ago had not come unpre- horse got entangled with a dead horse still Wednesday 6th April at 12.30 p.m.
WILKINSON.—Pauline Mary,
Majesty’s Commissioner for South pared. The conditions, however, seemed to have lying where it had fallen. I believe this was Family flowers only, but donations, if
widow of Noël Wilkinson, former
no deterrent effect on the size of the crowd, which desired, to Francis House. Enquiries to
Georgia and the South Sandwich Awbeg. From this point the race became con- Fishwicks. Tel: 01539 563108. Headmaster of Orwell Park School, died
Islands in succession to Mr Nigel grew ever bigger and bigger as the time for the race fined to Music Hall and the lightly-weighted Online ref: A256205
at Bury St Edmunds on 8th March 2022,
Phillips. Ms Blake will take up her aged 98. Funeral at St Joseph's RC
drew near. Drifter, as A Double Escape fell at the fence Church, Hadleigh on Wednesday
appointment during July 2022.
before the Canal turn. The two kept close com- 30th March at 12.30 p.m. followed by
ROYAL INSPECTION pany, and if Music Hall had not been one out of
HODDELL.—Kathleen. Died peacefully Cremation at Seven Hills, Nacton at
Legal news the ordinary he would have had to pay expen-
at home on Friday 18th March 2022,
aged 99. Dearly loved wife of Arthur,
2.15 p.m. Flowers are welcome, and
donations, if wished, to Guide Dogs for
The Duke of York came to inspect the Grand sively for the way he charged through the top devoted mother and grandmother. the Blind may be sent c/o WA Deacon,
Mr Dylan Lloyd Jones has been National horses as they were paraded, saddled, Much loved by Sally Ann, Caroline, Funeral Services, 3 Norman Way,
appointed a District Judge of the last fence, instead of over it. The incident George, Celia, Matthew and son-in-law Lavenham, Sudbury CO10 9PY or
deployed to the Wales Circuit,
and made ready in every detail for their big ordeal. did not appear to shake him, for when once Mark. online at www.deaconfuneral.co.uk
based at Caernarfon County Very fine it was, too, for any lover of these stout- balanced again he came on to outpace the Online ref: A256225 Online ref: 606065
Court, with effect from April 4, hearted animals to look them over at close quar- plodding Drifter and win easily to the accom-
2022, and will be known as ters, the inspection being made simple in the paniment of the usual ovation in honour of any
District Judge Lloyd Jones. extreme through the admirable way of printing Grand National winner, but especially in the
names on large saddle-sheets. A lasting impres- case of one so well backed as this one was.
Bridge news sion with me is that, however game a large num- A little later I chatted with L. B. Rees, the success-
ber of candidates may have been, they neverthe- ful jockey who has so soon emulated the feat of his
The regional heats of the National less had no pretensions to be in a Grand National
Pairs have taken place, writes brother, F. B. Rees. He said: “I was always going
field. One can only suppose that they were there well, though I was a bit scared at Becher’s the first
Julian Pottage, Bridge
Correspondent, with the leading
out of their owners’ vanity to have their colours time round, where my horse and Arravale collided
50 pairs qualifying to take part in carried on an occasion such as this. No wonder on landing over the fence. Both horses, however,
the National Finals in April on only five horses finished. It was not the big fences were no worse, and I went on comfortably, fearing
RealBridge. The leading qualifiers that primarily brought about the grief, but rather only Arravale. At the Canal turn the second time
are: 1st Dave Robinson and Tony hopeless inefficients getting in one another’s way round my foot was shaken out of a stirrup iron,
Sowter, 62.42%; 2nd Naomi Gibbs and by falling doing tremendous damage to the
and Mike Rawlins, 61.14%; 3rd Ian and I had to jump Valentine’s Brook in that plight.
good horses. Between that and the next fence I got my foot
Pagan and Shahzaad Natt, 60.85%;
4th Irving Blakey and Joy Blakey, As the horses came out on to the course a back, and except for the bloomer my horse made
60.23%; and 5th Peter Clinch and slight rain was driving spitefully into the at the last fence all was plain sailing.”
Julian Mitchell, 60.13%.
The Daily Telegraph Friday 25 March 2022 *** 27
Obituaries
Madeleine Albright
Forceful, tough-talking diplomat and politician who was appointed by Bill Clinton as America’s first female Secretary of State
M
ADELEINE ALBRIGHT, who in politics. She served as foreign policy Her gung-ho approach on Bosnia led
has died aged 84, became the co-ordinator for the Mondale-Ferraro to some friction with Britain’s Old
first female US Secretary of ticket in the presidential election of Wykehamist United Nations
State in 1997, serving under Bill 1984 then took over as head of the Ambassador Sir David Hannay, though,
Clinton after a somewhat chequered non-profit think-tank National again, this did her no more harm with
four years as US ambassador to the UN. Democratic Institute for International Washington hawks than did her
Though initially dismissed by many Affairs. well-advertised dislike of the UN
commentators as a lightweight, Five years later, after advising secretary general Boutros Boutros-
Madeleine Albright did much to Michael Dukakis in yet another Ghali (fully reciprocated – he
restore the authority of American unsuccessful Democratic presidential reportedly regarded her as a “fat
foreign policy after the inglorious bid, in 1988, she became president of central European peasant”).
tenure of her predecessor Warren the Centre for National Policy, another Her relentlessness in blocking an
Christopher, bringing a fresh, prominent think-tank. extension to his term of office was
outspoken approach to her role. “My Despite her later reputation, wildly popular with Right-wing
mindset is Munich; most of my Madeleine Albright’s record in the Republicans, notably Senator Jesse
generation’s is Vietnam,” she famously 1980s and early 1990s showed that her Helms, chairman of the Senate Foreign
remarked on the eve of her hawkishness had limits. She opposed Relations Committee, with whom she
appointment, implying that the lessons the Reagan arms build-up that finally forged a relationship of mutual
she had drawn from the past were less undermined the Soviet economy and admiration.
about the perils of action than of opposed giving aid to the Nicaraguan While Madeleine Albright’s term as
inaction. Contras. In 1990, after Saddam America’s 64th Secretary of State
True to this dictum she emerged as Hussein’s tanks rolled into Kuwait, she yielded success in terms of the
the Clinton administration’s chief was among those arguing for sanctions administration’s handling of the
hawk on Kosovo, identifying herself so and diplomacy rather than military Kosovo crisis, and neither she nor
strongly with the push for intervention action – a “mistake”, as she later Clinton could be blamed for their
that critics called the conflict conceded. failure to force a deal between Ehud
“Madeleine’s War”. She persuaded When the long run of Republican Barak and Yasser Arafat at Camp David
many American isolationists that the electoral success ended in Bill in 2000, both were later accused of
Yugoslav leader Slobodan Milosevic Clinton’s victory in 1992 and she was failing to interpret the full scale of the
was a global problem with which appointed US ambassador at the UN threat from al-Qaeda.
Washington should grapple, and it was the following year, she moved quickly The 1998 bombings of the US
she who first threatened to deprive to distance herself from any embassies in Kenya and Tanzania were
Yugoslavia of millions of dollars of US accusations of doveishness, boldly met only with a token burst of
aid if Belgrade did not deliver proclaiming a policy of “assertive retaliatory cruise missiles and no plans
Milosevic up to The Hague. “We are multilateralism” under which America were laid for retaliatory action in
not negotiating,” she announced would act in concert with its allies as it Afghanistan, despite the fact that
MIKE SEGAR/REUTERS
bluntly – and finally. had done in the Gulf War. al-Qaeda was known to be operating
Some observers felt that Madeleine But her good intentions came there freely.
Albright’s forceful stance owed much unstuck almost immediately when, After George W Bush’s victory in
to her own early memories of being a soon after her appointment, she 2000, Madeleine Albright returned to
refugee from European dictatorship. pressed the UN Security Council to her academic career at Georgetown
The daughter of a Czech diplomat, agree a resolution calling for the and served on various boards
she was born Marie Jana Korbel in She liked to portray herself as hawkish, and her call for intervention in Kosovo led critics to describe the conflict as ‘Madeleine’s War’ apprehension of the Somali faction including that of the New York Stock
Prague on May 15 1937. Two years later, leader Mohamed Farah Aideed. With Exchange. In 2001 she founded the
10 days after the Nazis had walked into daughter into a local school. Instead, 1967, Madeleine Albright hired a nanny would result in the publication of a the death of 18 US Army Rangers on the Albright Group, an international
Czechoslovakia, the Korbels – “with she was tutored by governesses, and resumed her studies. By this time well-reviewed book, Poland: The Role streets of Mogadishu, the campaign consultancy. In 2009 it merged with
the help of some good friends and lots learning Serbo-Croat, then sent to her husband was working for Newsday of the Press in Political Change (1983). was abandoned under Congressional Stonebridge International to form the
of luck and a little bribery”, according boarding school in Switzerland, where and the family had moved to Long When she returned from Poland in pressure in one of the most Albright Stonebridge Group, which
to Madeleine’s mother – managed to she learnt fluent French and changed Island. She enrolled in Russian Studies 1982, however, her world turned embarrassing foreign policy debacles advises on international policy and
get the necessary Gestapo permission her name to Madeleine. at Columbia University, studying upside down when her husband of modern times. global markets.
to leave the country. At the start of 1948, her father under Zbigniew Brzezinski, and went announced, over breakfast, that he was Worse was to come in 1994, when There was some speculation that she
For almost her entire life, Madeleine became Czechoslovakia’s on to take a doctorate in public law and leaving her for a “younger and more she lobbied to dismantle the small might pursue a career in Czech
Albright appears to have believed that representative on the new UN government with a dissertation on the beautiful” woman and would be mission of UN peacekeepers in politics, and the Czech president
she was born a Roman Catholic. Shortly Commission for India and Pakistan. role of the Czech press in the 1968 moving out that afternoon to live in Rwanda just as Hutu militias began Vaclav Havel talked openly about the
after she became Secretary of State, But when, in February, the Czech Prague Spring. Atlanta, where the woman worked as a slaughtering hundreds of thousands of possibility of her succeeding him after
however, The Washington Post revealed government fell in a Communist coup, When her husband became reporter. In her memoir Madam Tutsis. he retired in 2002. Though reportedly
that her family was Jewish and that the family was forced to flee Newsday’s Washington bureau chief, Secretary (2003) Madeleine Albright None the less she continued to flattered by the suggestion, Madeleine
three of her grandparents had perished Czechoslovakia a second time, seeking the family moved to the city’s recalled the mental “torture” of the project herself as a hawk, being Albright denied ever considering it.
in the Holocaust; her father, Josef political asylum in the United States. fashionable Georgetown next few months as her husband, torn stridently anti-Iraq, anti-Cuba and She was a firm supporter of Hillary
Korbel, appears to have embraced They settled in Colorado, where her neighbourhood, where she resumed apart by the situation he had created, pro-Israel and becoming one of the Clinton’s 2016 presidential bid, and
Catholicism shortly before the outbreak father obtained a chair in international her involvement in Democratic phoned her every day to complain that staunchest advocates of air strikes while introducing her at a campaign
of war. Madeleine Albright, who later relations at the University of Denver, he could not choose between her and against the Bosnian Serbs. “What’s the event, Madeleine Albright commented:
became Episcopalian, described the
revelations as a “major surprise”,
building a formidable reputation as an
authority on world affairs (the young
‘What’s the point of having his new lover.
“He actually described his feelings
point of having this great military
you’re always talking about if we can’t
“There’s a special place in hell for
women who don’t help each other” (a
claiming that no one in her family had Condoleezza Rice would become one this great military if we in percentages,” she recalled. “ ‘I love use it?” she famously asked General phrase she had used before). It was
ever told her of her Jewish background.
But there were some eyebrows raised
of his protégées).
Madeleine won a scholarship to
can’t use it?’ she demanded you 60 per cent and her 40 per cent.’
Or the next day, ‘I love her 70 per cent
Colin Powell, then chairman of the US
Joint Chiefs of Staff, who opposed
seen as a rebuke of women who
supported Clinton’s rival, Bernie
that she had never seen fit to question Wellesley College, where she joined of General Colin Powell and you 30 per cent’. I alternated military intervention. Her comment Sanders, and in a subsequent New York
their version of events. the student newspaper and studied between feeling sorry for myself and that the downing of two American Times piece she acknowledged: “This
The family spent the war years in political science. A rare Democrat on politics, becoming a fundraiser for sorry for him.” Finally he announced planes by the Cubans was “not cojones was the wrong context and the wrong
Britain, first in London, where she an overwhelmingly Republican Senator Edmund Muskie in his bid for that his decision would be determined but cowardice” won her rapturous time to use that line. I did not mean to
recalled hiding under a steel table in a campus, she campaigned for Adlai the 1972 Democratic presidential by whether or not he won the Pulitzer applause among Cuban exiles in argue that women should support a
Notting Hill basement during the Blitz, Stevenson in his unsuccessful 1956 nomination. Prize. If he won he would stay. If he Miami. particular candidate based solely on
and then at Walton-on-Thames, where presidential election bid and became Muskie’s bid failed, but he appointed lost, he would get a divorce. Yet as her critics pointed out, gender.”
she attended the Ingomar School. Her the first in her year to get engaged. Madeleine Albright as his chief The Pulitzer went elsewhere and Madeleine Albright’s claim to A close friend of the singer Barbra
teachers there observed her six-year- Her husband-to-be was Joseph assistant in the Senate. As he sat on the Madeleine Albright was devastated. toughness relied on her tenacity in Streisand, Madeleine Albright was, in
old self to be a “quick and lively Medill Patterson Albright, the scion of Senate Foreign Relations Committee, Though she later reflected that had she what were, in terms of domestic person, a woman known for her
member of her class” who “learns a newspaper-owning dynasty. The two she rapidly became a fixture in the remained married she would probably politics, easy battles. Taking a hard line myriad little kindnesses and for being
easily and remembers well”, though were married in 1959, three days after party’s foreign affairs establishment. never have scaled the heights she did, on Cuba and Iran did her no harm on harsher in judging herself than in
she was “indifferent” at needlework. her graduation. Joseph took a job at the When Brzezinski became President “at the time, I would have given up any Capitol Hill and even her enthusiasm judging others.
When the war ended, the Korbels Chicago Sun Times, while Madeleine Jimmy Carter’s national security thought of a career if it would have for air strikes on Bosnia was Madeleine Albright is survived by
returned to Czechoslovakia, where assumed the role of wife and mother. adviser, he appointed her his made Joe change his mind.” comparatively risk-free as, unlike her three daughters.
Josef was appointed ambassador to She had three daughters, including congressional liaison. After the 1980 Ultimately, she found refuge in a job Britain and France, America then had
Tito’s Yugoslavia. Because of his dislike twins. Republican victory she took a two- as a professor at the School of Foreign no troops on the ground who would Madeleine Albright, born May 15
of Communism he refused to put his After the birth of her third child in week research trip to Poland, which Service at Georgetown University, and have been vulnerable to reprisals. 1937, died March 23 2022
L
IEUTENANT FRANK OTT, who has Ott in his khaki
died aged 100, was a Fleet Air Arm tropical uniform,
observer who was awarded the DSC far left, and, left,
for his part in the sinking of the Japanese Haguro, sunk in
cruiser Haguro in May 1945 by the British one of the last
East Indies fleet. major sea battles
Ott was the senior observer in 851 Naval of the Second
Air Squadron, flying lend-lease Grumman World War
Avenger torpedo bombers, when a task
force from the East Indies Fleet sailed at
short notice from Trincomalee for
Operation Dukedom, the interception of
Haguro and the destroyer Kamikaze.
The ships had been located on their way
to evacuate Japanese troops from the
Andaman Islands. Ott’s squadron was
disembarked from the escort carrier Shah,
but a defective catapult prevented her from
operating Avengers and so 851 NAS had to
be embarked in her sister ship Emperor,
which usually operated Grumman Hellcat
fighters. observer in the Fleet Air Arm. After Office. In 1953 he gained a BSc in Economics
On May 15, Ott and his crew flew a receiving his observer’s “wings” he from the University of London and
prolonged but unfruitful search for Haguro, returned to the UK to become a sub- subsequently became assistant Secretary at
landing on the aircraft carrier after more lieutenant. Birmingham University, supervising a new
than five hours with very little fuel left. The In September 1943 he crossed the Atlantic building programme. Later he became
enemy cruiser was located by 851’s again, this time in RMS Queen Mary, to join Assistant Bursar, but was lent to the
commanding officer more than 200 miles the new 851 NAS, commissioned at the US adjacent Queen Elizabeth Hospital, where
from the carrier. Naval Air Station Squantum, Massachusetts, he took charge of its development plan. In
Later the same day they took off again and on October 1. 1973 he was appointed Bursar of Bristol
attack Haguro with two fully fuelled and After working up at Norfolk, Virginia, the University where he remained until
armed Avengers, but they could not find the squadron flew across the United States to retirement in 1987.
cruiser at its predicted position. On Ott’s join HMS Shah, a new escort carrier, in San Ott was for 20 years a member of the
advice, his pilot extended the search, and Francisco. Ott travelled by train, however, Glastonbury Male Voice Choir, a Freemason
half an hour later they located the ship. with the squadron’s air mechanics and spent for 70 years and a founder of the Society of
The three Avengers, each armed with four New Year’s Day 1944 at a railway station in Friends of the Fleet Air Arm Museum at
500 lb semi-armour-piercing bombs, carried Chicago. RNAS Yeovilton.
out independent attacks, encountering After embarking her aircraft, Shah sailed He married, in 1946, Olive Rita Read,
intense anti-aircraft fire. One of the aircraft across the Pacific to Melbourne in January known as Rita, after they met on a train.
was shot down, however, and the crew taken The youngest of three brothers, Frank and eventually joined the East Indies Fleet They had no children, but shared a love of
prisoner. The rest recovered aboard Emperor Cyril Ott was born on January 5 1922 at based at Trincomalee in Ceylon (now Sri Great Danes, which they bred and showed.
after reporting “probable hits”. Dover to Ephraim Ott, a butcher who ran a Lanka) on March 19. For more than a year Friends remembered with amusement
These two long sorties, one of them stall in the market, and Agnes, née Huband. she carried out trade protection operations seeing the Otts in their small Austin A30
under enemy fire, had left Ott and the others Frank was educated at grammar school, in the Indian Ocean, but after Operation with a Great Dane sitting on the back seat as
exhausted but elated to have played their obtaining his school certificate in 1938. Dukedom, in September, 851 NAS left its if directing them.
part in what would turn out to be one of the Fascinated by the sea, he was an American aircraft behind in Ceylon and Rita was disabled by a stroke in 1998 and
last major sea battles of the Second World enthusiastic member of the Sea Scouts sailed home in Shah. The squadron Frank looked after her until her death in
War. Haguro was sunk early the next before joining the Admiralty as a Clerk in disbanded at Gourock near the Firth of 2008. He was determined to reach 100 and,
morning by a brilliant torpedo attack 1939. Clyde after arriving there in October 1945. although he was in hospital by then, he was
carried out by destroyers of the 26th Flotilla After volunteering for the Navy he was After his demobilisation Ott returned to delighted to receive his card from the Queen.
south-west of Penang in the Malacca Straits. called up in January 1942 and went to the the Admiralty until 1948, when he moved to
Ott and his pilot were awarded the DSC, Royal Naval Air Station at Piarco, Trinidad, the London County Council as an Frank Ott, born January 5 1922, died
and their telegraphist air-gunner the DSM. where he was trained to become an administrative assistant in the Education January 30 2022
28 *** Friday 25 March 2022 The Daily Telegraph
The Daily Telegraph Friday 25 March 2022 *** 29
30 *** Friday 25 March 2022 The Daily Telegraph
televisual masterpiece
Wales, 11.35pm
Mary Beard continues her
cultural ranging in this
interview with Elif Shafak,
the British-Turkish novelist
whose Ten Minutes 38
Seconds in This Strange
World was shortlisted for
D
o dogs wear pyjamas? The the Booker Prize in 2019.
Apprentice (BBC One) is a They discuss migration,
programme that sticks so closely exile, and the culture of
to a formula, and contains so few polarisation on social media.
surprises, that only occasionally do you
wake up and think, “Hang on, what?” Unreported World:
This was the final, and Kathryn was The Antivax Preachers
hoping to win £250,000 of Lord Channel 4, 7.30pm
Sugar’s money for her business selling This new series of
coordinating pyjamas for all the family, Unreported World once
including the four-legged. “My USP is again fulfils its brief
dog pyjamas,” she said. “You don’t get a admirably by dispatching
lot of matching dog PJs on the market.” reporter Seyi Rhodes to
Maybe there’s a reason for that. But South Sudan, where just
what do I know? I don’t have a dog.
Perhaps your dog is wearing pyjamas
right now.
Harpreet’s big idea was a chain of
dessert parlours selling the kind of
treats that strike fear into the hearts of Come on out: it’s debutante season as Regency romp Bridgerton returns to Netflix for series two
dentists everywhere. She decided to
call it Oh So Yum, pausing only briefly
to wonder: “Does it read like a
Japanese furniture brand?”
‘D earest gentle reader,
did you miss me?’
Lady Whistledown (archly
wife, Daphne (Phoebe
Dynevor), now reduced to
cameos, the focus is on the
by her unsuitability,
and alluring new arrival
Edwina Sharma (Charithra
A family affair: the Korean saga Pachinko spans many decades and continents It was an unexciting final. The only narrated by Julie Andrews, Featheringtons (led by Chandran), back from India
great episode is the interview round, cunningly played by Nicola matriarch Polly Walker) with her mother (Shelley
A
world of foreign dramas has follow the character of Sunja from in which Claude Littner and co tear the Coughlan) is back, and so and on Daphne’s rake Conn) and sister Kate
opened up to us via streaming childhood (played by Jeon Yu-na) in an candidates’ business plans and too are her quarries, the brother, Anthony (Simone Ashley). Tutankhamun: Waking the
services, and the latest is impoverished fishing village to early self-esteem to shreds. But it’s also the aristocracy of Regency Bridgerton (Jonathan It is as ludicrous as ever: Dead – Bettany Hughes
Pachinko (Apple TV+), a Korean series womanhood (played by Kim Min-ha), programme’s weakness, because how London, whom she is Bailey), as he searches society balls and decorous
following multiple generations of one and then meet her again as a do you show interviewers advising pseudonymously noting reluctantly for a wife during reclining supplemented by 200,000 people have
family. It is a quiet masterpiece. grandmother living in Japan – here Kathryn that her financial projections down in print again after debutante season. Among the fun of identifying the been fully vaccinated. He
The story takes us from Japanese- portrayed by Youn Yuh-jung, who won read like “the rantings of a lunatic”, or 10 months in the country. those debutantes are unlikely Regency/pop- encounters fierce anti-vax
occupied Korea in 1915 to New York the best supporting actress Oscar last telling Harpreet that “you’re making While Regé-Jean Page (as Daphne and Anthony’s music cover versions. propaganda and serious
and Tokyo in the late 1980s. It unfolds year for Minari. It would be unfair to this up as you’re going along now”, and the smouldering Simon sister, Eloise (Claudia Jessie), Fans will be delighted, logistical problems, but also
steadily, with no cliffhangers or cheap single out any of these performances, then reverse-ferret a week later to Basset, Duke of Hastings) her withering cynicism for sceptics as baffled as ever. some cause for optimism.
tricks. Trauma is present – the trauma because all are terrific. pretend these are two of Britain’s finest may be off-screen and his the occasion matched only Gabriel Tate
of a colonised nation, and of the Another storyline focuses on the business brains? Earth’s Great Rivers II
individual stories therein – but this is older Sunja’s grandson, Solomon (Jin It’s a game show, I suppose. COMEDY United Kingdom continues BBC Two, 9pm
not a misery-fest. Instead, the Ha), a high-flyer in New York finance, Everything proceeded according to with this grimly gripping David Oyelowo talks us
adaptation of Min Jin Lee’s bestselling who reconnects with her after a the rules of Apprentice finals: they put Not Going Out two-parter. This time, down the 2,000 miles of
novel is a tale of emotional resilience, posting to Japan. His main task is to sniping aside and praised each other’s BBC One, 9.30pm we follow the efforts of the Danube from its many
its most poignant moments – displaced persuade a stubborn Korean pensioner efforts. They made digital billboards Bobby Ball’s death in 2020 Devon police to intervene tributaries out to the Black
people yearning for home – and to move out of her home, which is and TV ads, aided by contestants from has left a gaping hole in as ruthless national gangs Sea – a journey which
national tragedies balanced by standing in the way of a proposed past episodes and watched by Lord more than one British vie, through violence and features forests and rapids,
endurance and hope for the future. luxury hotel. When the pensioner Sugar’s aides. Karren Brady furrowed sitcom. Not Going Out has intimidation, to take over cave-diving scientists and
This determination not to be defined meets the elderly Sunja, they her brow as much as she was able. Tim negotiated his absence as the rural drugs trade. ice runners, mating mayflies
by the worst of times is signalled in the reminisce about their childhoods and Campbell, poor man, appears to have deftly as Gold’s The Offering a broad range of and giant fish. It is both
opening titles, which are the most ponder how much they have gained aged 10 years since this series began. Cockfields, playing it for perspectives from police, mesmerising and oddly
joyful thing you’ll see all year. We and lost: they no longer want for food Lord Sugar, if truth be told, didn’t laughs in a manner you small-time dealers and soothing.
cut from grainy period footage of or home comforts yet “now my own seem impressed by either business suspect that Ball would have users, it is an alarming
Korean life to the cast dancing for all children don’t know the language in idea. He delivered his verdict in the sincerely enjoyed. Lee Police standing by in insight into a worrying Tutankhamun:
they’re worth in a colourful pachinko which their mother dreams”. tone of a man who’d just agreed to put Mack’s gag-fuelled series Drugsland: Going Country trend. Fittingly, the Waking the Dead
parlour (a games arcade), to the Sixties It took me a while to realise that £250,000 of his own money through returns for a 12th run with 2019 film County Lines, Channel 5, 9pm
sounds of Let’s Live for Today by The the subtitles are yellow to indicate the shredder. But in the end he chose Wendy (Deborah Grant) DOCUMENTARY London youth worker Bettany Hughes goes where
Grass Roots. that Korean is being spoken, and blue Harpreet’s dessert parlours. If Lord painting a picture of Frank Henry Blake’s brutally many have gone before,
There are two separate timelines, for Japanese. Solomon’s scenes with Sugar has a dog, we can safely bet it (Ball) in his memory as a Drugsland: Going Country honest and acclaimed using up-to-date historical
but the segue from one to another – his American bosses are conducted in doesn’t wear pyjamas. present to son Lee (Mack). BBC Three, 9.05pm dramatisation of the crisis, and scientific insights –
a historical period that is unfamiliar, English. But language is no barrier Unfortunately, it’s atrocious; BBC Three’s excellent run of which stars Harris including CT scans – to get
to an era that looks pretty when the drama is such a thing of Pachinko ★★★★★ an onslaught of social faux documentaries on drugs, Dickinson as gang leader to grips with the true story
contemporary – is well crafted. We beauty. The Apprentice ★★★ pas, naturally, ensues. crime and addiction in the Simon, follows at 10pm. of the boy king. GT
RADIO 1 Lunchtime Concert 2.00 Afternoon RADIO 5 LIVE News 12.06am The Real Story 1.00
FM 97.6-99.8MHZ Concert 4.30 The Listening Service MW 693 & 909KHZ News 1.06 World Business Report
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6.33am Radio 1’s Best New Pop 7.00 7.30 Radio 3 in Concert 10.00 The 9.00am Nicky Campbell 11.00 Chiles Newsroom 2.30 CrowdScience 3.00
Radio 1 Breakfast with Greg James Verb 10.45 The Essay: The Sounds of on Friday 1.00pm Elis James and John News 3.06 The Fifth Floor 3.50
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Mix 2.00am Radio 1 Dance Presents 9.45 Book of the Week: Making 6.00am More Music Breakfast 9.00 12.30pm Bristow 1.00 A Charles Paris
3.00 Danny Howard 4.00 Radio 1’s History: The Storytellers Who Shaped Alexander Armstrong 12.00 Anne- Mystery: Murder in the Title 1.30
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FM 88-90.2MHZ Shipping Forecast 12.04 Passing Smooth Classics 1.00am Katie Black Arts Movement 3.00 The Thirty
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4.15 Steve Wright in the Afternoon – the Miles to Dundee See Radio Dexter Ward 6.15 The First Men in the
Serious Jockin’ 5.00 Sara Cox 7.00 choice 2.45 Helen Lewis: Great Wives 8.00am News 8.06 HARDtalk 8.30 Moon 6.30 And the Academy Award
Tony Blackburn’s Golden Hour 8.00 3.00 Gardeners’ Question Time 3.45 Business Daily 8.50 Witness History Goes To 7.00 Dad’s Army 7.30 Bristow
Sounds of the 80s with Gary Davies After Wonderland 4.00 Last Word 9.00 News 9.06 Tech Tent 9.30 8.00 A Charles Paris Mystery: Murder
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Ranganathan: For the Love of Hip-Hop Six O’Clock News 6.30 The Now Show 11.30 World Football 12.00 News Club 12.00 The Case of Charles Dexter
1.00am The Craig Charles House 7.00 Letter from Ukraine 7.15 Add to 12.06pm The Fifth Floor 12.50 Ward 12.15am The First Men in the
Party 2.30 The Craig Charles House Playlist 8.00 Any Questions? 8.50 A Witness History 1.00 The Newsroom Moon 12.30 And the Academy Award
Party Mixtape 3.00 Michelle Visage’s Point of View 9.00 The Hackers 9.59 1.30 Science in Action 2.00 Newshour Goes To 1.00 A Charles Paris Mystery:
Rule Breakers 4.00 Sophie Ellis- Weather 10.00 The World Tonight 3.00 News 3.06 HARDtalk 3.30 World Murder in the Title 1.30 Kipling in
Bextor’s Kitchen Disco 5.00 - 6.00am 10.45 Book at Bedtime: Passing Business Report 4.00 BBC OS 6.00 Love 2.00 Long Time No See 2.15
Radio 2 in Concert 11.00 A Good Read 11.30 Today in News 6.06 The Fifth Floor 6.50 Irene Nemirovsky: The
Parliament 12.00 News and Weather Witness History 7.00 The Newsroom Misunderstanding 2.30 Fiery
RADIO 3 12.30am Book of the Week: Making 7.30 Sport Today 8.00 News 8.06 Inspiration: Amiri Baraka and the
FM 90.2-92.4MHZ History: The Storytellers Who Shaped Tech Tent 8.30 CrowdScience 9.00 Black Arts Movement 3.00 The Thirty
the Past 12.48 Shipping Forecast Newshour 10.00 The Newsroom Nine Steps 4.00 Guess What? 4.30
6.30am Breakfast 9.00 Essential 1.00 As World Service 5.33 Shipping 10.20 Sports News 10.30 World Bookcases 5.00 All Those Women
Classics 12.00 Composer of the Week: Forecast 5.43 Prayer for the Day 5.45 Business Report 11.00 News 11.06 5.30 - 6.00am George Fouracres:
Richard Strauss 1.00pm Radio 3 - 6.00am Lent Talks HARDtalk 11.30 World Football 12.00 Black Country Gentlemon
The Daily Telegraph Friday 25 March 2022 *** 31
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Sky Cinema Premiere, 8pm ★★
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Culture with Mary Beard
ITV2 Car S.O.S 6.55 Escape to the Chateau: Revisited 4.15 Legends of F1 4.45 BT Sport 1 Freddie Mercury: The Great Pretender Recreated 6.00 Beautiful Serengeti Desmond’s 6.35 Hi-de-Hi! 7.20 The ITV Wales: 7.00 - 7.30pm Coast &
DIY 7.55 Devon and Cornwall 9.00 Live Formula 1. Live coverage of the 10.45 Discovering: Iggy Pop 11.15 6.35 Hiroshima: The Real History 8.40 Green Green Grass 8.00 Dad’s Army Country
Noon Supermarket Sweep 1.00pm Noon West Indies v England – Cricket
The Crimson Rivers 11.00 24 Hours in second practice session of the Saudi Punk 12.30am Isle of Wight Festival Hitler’s Circle of Evil 9.55 Plane Crash 9.20 The Good Life 10.00 All Round to
Tipping Point: Lucky Stars 2.00 Family A&E 1.10am 8 Out of 10 Cats Does Classics 12.30pm Test Cricket Greatest Hits 1.00 Stevie Nicks: 24 Recreated 11.00 Beautiful Serengeti Mrs Brown’s 11.20 Sandylands 12.00
Fortunes 3.00 The Ellen DeGeneres
Arabian Grand Prix, taking place at
Highlights 1.30 Live Test Cricket ITV Regions
Countdown 3.20-3.45am Food Jeddah Corniche Circuit 6.10 The F1 Karat Gold Tour 3.00 Video Killed the 11.35 Hiroshima: The Real History Peep Show 12.35am French and
Show 4.00 The Masked Singer US Unwrapped 10.00 WWE NXT UK 11.00 WWE Radio Star 3.30-5.00am Come 1.40am Hitler’s Circle of Evil 2.40 Saunders 1.05 Chef! 1.50 Bridget & No variations, except:
Show 7.10 My Icon: Michael Holding
5.00 You’ve Been Framed! Gold 6.00 SmackDown Highlights 12.00 Live: Together: The Rise of the Festival Plane Crash Recreated 3.35-4.00am Eamon 2.45 Peep Show 3.25-4.00am ITV Anglia: No variations
7.20 My Icon: Chris Hughton 7.30
Celebrity Catchphrase 7.00 Superstore WWE Friday Night SmackDown ITV Border: No variations
Dave Live International Under-21 Football. Beautiful Serengeti Chef!
ITV Central: No variations
8.00 Bob’s Burgers 9.00 FILM: Ted 2.00am WWE NXT Highlights 3.00-
Noon Red Bull Soapbox Race 1.00pm England v Andorra (kick-off 7.45pm). Sky Cinema Premiere ITV Channel: No variations
(2012) Comedy starring Mark 4.00am UFC Unleashed
Border Force: America’s Gatekeepers 10.00 Live World Golf Championships. 24 hours, including at:
Talking Pictures TV Yesterday ITV Granada: No variations
Wahlberg with the voice of Seth
The WGC-Dell Technologies Match ITV Meridian: No variations
MacFarlane 11.10 Family Guy 2.00 Expedition with Steve Backshall Sky History 10.50am Blacklight (2022) Action 24 hours, including at: Noon Great British Railway Journeys
Play. Further live coverage of the third ITV Tyne Tees: No variations
12.05am American Dad! 1.00 Bob’s 3.00 Rick Stein’s Spain 4.00 Red Bull thriller starring Liam Neeson 12.40pm 11.15am FILM: GI Blues (1960) 2.00pm Abandoned Engineering 4.00 ITV West: No variations
Soapbox Race 5.00 Rick Stein’s India day’s play 12.00-5.05am Live ICC Noon River Hunters Special 1.00pm Escape Room: Tournament of 1.20pm FILM: Alive and Kicking Nazi Victory: The Post-War Plan 5.00
Burgers 2.00 Superstore 2.50 Totally ITV Westcountry: No variations
6.00 Taskmaster 7.00 Richard Women’s World Cup. New Zealand v Forged in Fire 2.00 American Pickers Champions (Extended Cut) (2021) (1958, b/w) 3.20 Breaking the Codes World War Weird 6.00 Sahara with
Bonkers Guinness World Records 3.15 ITV Yorkshire: No variations
Osman’s House of Games 7.40 Room Pakistan. Live coverage of the group 4.00 The UnXplained with William 2.20 Our Ladies (2019) 4.10 3.55 FILM: The Ship that Died of Michael Palin 7.00 Great British
Unwind with ITV 3.30-6.00am
101 8.20 Would I Lie to You? 9.00 QI match from Hagley Oval in Shatner 6.00 Pawn Stars 7.00 Forged Reminiscence (2021) Sci-fi romance Shame (1955) 5.55 FILM: I’m All Railway Journeys 8.00 Abandoned S4C
Teleshopping
XL 10.00 QI 10.40 Mock the Week Christchurch, New Zealand in Fire 8.00 Curse of the Ancients starring Hugh Jackman 6.10 Old Right Jack (1959, b/w) 9.00 Cellar Engineering 9.00 Bangers and Cash
11.20 Meet the Richardsons 12.00 9.00 Digging for Britain 10.00 (2021) M Night Shyamalan’s horror Club with Caroline Munro 9.05 FILM: 10.00 Secrets of the Transport 6.00am Cyw 12.05pm Newyddion S4C
E4 Sky Sports Premier Britain’s Most Historic Towns 11.00 a’r Tywydd 12.15 Datganiad Covid-19
Hypothetical 1.00am QI XL 1.40 with Gael Garcia Bernal 8.00 Whoever Slew Auntie Roo? (1971) Museum 11.00 Bangers and Cash
Noon Brooklyn Nine-Nine 1.00pm The League How Sex Changed the World 12.00 12.30 Heno Aur 1.00 Codi Hwyl 1.30
Would I Lie to You? 2.25 Live at the Blacklight (2022) Action thriller with 10.50 Cellar Club with Caroline Munro 12.00 Abandoned Engineering Dau Gi Bach 2.00 Newyddion S4C a’r
Big Bang Theory 3.00 Young Sheldon Apollo 3.10-4.00am The Curse of the Ancients 1.00am Lost Liam Neeson See Film choice 9.50 10.55 FILM: The Raven (1963) 1.00am Antiques Roadshow 3.00-
Noon Gary Neville’s Soccerbox Tywydd 2.05 Prynhawn Da 3.00
4.00 Brooklyn Nine-Nine 5.00 The Big Misadventures of Romesh Relic Hunters 2.00 Forged in Fire Escape Room: Tournament of 12.35am Cellar Club with Caroline 6.00am Teleshopping Newyddion S4C a’r Tywydd 3.05 Cynefin
1.00pm Premier League Years 3.00
Bang Theory 7.00 Hollyoaks 7.30 The Ranganathan 3.00-4.00am How Sex Changed the Champions (Extended Cut) (2021) Munro 12.40 FILM: The Four Skulls of 4.00 Awr Fawr: Olobobs 4.05 Awr Fawr:
PL Greatest Games 4.00 Best PL Goals
Big Bang Theory 8.00 Teen First Dates World Horror sequel starring Taylor Russell Jonathan Drake (1959, b/w) 2.10 Discovery Bach a Mawr 4.20 Awr Fawr: Gwdihw
07/08 5.00 PL 100 Club: Harry Kane
9.00 FILM: Jack Reacher: Never Go Sky Sports Main Event 11.30 Reminiscence (2021) Sci-fi Cellar Club with Caroline Munro 2.15 4.35 Awr Fawr: Digbi Draig 4.50 Awr
5.30 Premier League 100 Club 6.00 Noon Railroad Alaska 1.00pm Gold
Back (2016) Action thriller sequel
WSL 6.30 Premier League World 7.00 Sky Arts romance with Hugh Jackman 1.30am FILM: Bad Dreams (1988) 3.55- Fawr: Byd Tad-Cu 5.00 Stwnsh 6.00
starring Tom Cruise 11.20 Naked 12.30pm Sky Sports News 1.00 Sky Rush: White Water 3.00 World’s Gerddi Cymru 6.30 Anrhegion Melys
Live International Football. The Ogglies (2021) 3.15-5.00am 5.45am FILM: Fourteen Hours (1951,
Sports News 1.30 Live Formula 1. Live Noon Manet from the Royal Academy Biggest Shipbuilders 4.00 Building Off Richard Holt 6.57 Newyddion S4C 7.00
Attraction 1.30am First Dates 2.30 Blacklight (2022) Action thriller b/w)
coverage of the first practice session Luxembourg v Northern Ireland (kick- of Arts, London 1.00pm Tales of the the Grid 5.00 Wheeler Dealers 6.00 Heno 7.30 Newyddion S4C a’r Tywydd
Gogglebox 3.25-4.15am Below Deck: starring Liam Neeson 8.00 Pobol y Cwm 8.25 Welsh Whisperer
of the Saudi Arabian Grand Prix, taking off 7.15pm). Live coverage of the Unexpected 2.00 Discovering: Jeff Fast N’ Loud 7.00 Outback Truckers
Mediterranean
place at Jeddah Corniche Circuit 3.25 friendly match from Stade de Bridges 3.00 Mystery of the Lost GOLD 8.00 Gold Rush 9.00 Conspiracies – Ni’n Teithio Nawr 8.55 Newyddion S4C
Live Formula 2 Championship. Live Luxembourg 9.30 Premier League Paintings 4.00 Brunelleschi’s PBS America Noon Dad’s Army 12.40pm Chef! Decoded 10.00 Legendary Locations
a’r Tywydd 9.00 Guinness World Records
More4 coverage of the qualifying session, World 10.00 Premier League Icons Impossible Dome 5.00 Tales of the 11.50am Plane Crash Recreated 1.25 Dad’s Army 2.00 Desmond’s 11.00 Combat Dealers 12.00
Cymru 2022 10.00 Yn y Fan A’r Lle
10.30 - 11.35pm Stad
11.05am Find It, Fix It, Flog It taking place at Jeddah Corniche Circuit 11.00 PL Retro 1.00am Premier Unexpected 6.00 Discovering: Sean 1.00pm Beautiful Serengeti 1.35 2.35 The Green Green Grass 3.20 Conspiracies Decoded 1.00am
1.05pm Heir Hunters 2.05 Four in a in Saudi Arabia 3.55 The History of League Years 3.00-4.00am PL Connery 7.00 Queen – Hungarian Hiroshima: The Real History 3.40 Dad’s Army 4.00 Last of the Summer Legendary Locations 2.00
Bed 4.50 Find It, Fix It, Flog It 5.55 Aston Martin 4.05 Brazil 2008 Greatest Games Rhapsody: Live in Budapest 9.00 Hitler’s Circle of Evil 4.50 Plane Crash Wine 5.20 dinnerladies 6.00 Moonshiners 3.00-4.50am Gold Rush
32 *** Friday 25 March 2022 The Daily Telegraph
Dolphins whistle
to keep in touch
Male dolphins maintain rich social
lives by whistling at each other,
according to new research.
The high-pitched sound tells others
they wish to make contact and helps
the enigmatic marine mammals
maintain community ties.
Emma Chereskin, the lead author
and student at the University of Bristol,
explained: “Many animals, including
humans, use tactile contact, touch, to
strengthen and reaffirm relationships.
“But as the number of close social
relationships increases, so, too, do the
demands on the time and space
available for relationship maintenance
through physical contact.
“Male bottlenose dolphins form
strategic, multi-level alliances, and
maintain these in large groups.”
They use physical contact such as
gentle petting to connect with bonded
allies but rely on less time-demanding
vocal exchanges to stay connected, the
study in Current Biology found.
telegraph.co.uk/business ** Friday 25 March 2022
FREEZING
PUTIN’S
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P5
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Rate
dirty fuel is alarming for
Fresnillo
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1.3184 the rest of the world
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Ambrose Evans-Pritchard
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7460 34400
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Sunak’s wriggle room
FALLER Previous close +70.23 (+0.25pc) £€ The Chancellor’s stealth
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We broke the
law – and we’d
do it again,
admits P&O
committees also heard that P&O is pay-
Boss of ferry company tells ing agency workers as little as £5.15 an
MPs that consulting with hour, below the UK minimum wage.
Mr Hebblethwaite refused to rule out
unions over 800 jobs cuts taking a bonus on top of his £325,000-
‘would have been a sham’ a-year salary.
The P&O chief said sackings had not
By Oliver Gill and Lucy Burton been “forced on us” by Dubai-based
owner DP World.
THE boss of P&O Ferries has admitted Union leaders accusing P&O of want-
his company broke the law by sacking ing to “kill” the merchant navy.
800 seafarers on the spot last week – but P&O is offering generous redundancy
said he would do it again if he had to. packages of up to £100,000, meaning it
Peter Hebblethwaite shocked MPs on is unlikely to face any legal proceedings
an emergency Commons committee by from its staff for failing to consult them
admitting there was “absolutely no in advance. Replacing staff with agency
doubt” that under UK employment law workers will cut the company’s wage
the ferry operator was required to con- bill in half, P&O has said.
sult unions before pushing ahead with Grant Shapps, the Transport Secre-
the mass sackings, in which workers tary, said: “We think that the P&O man-
PAUL GROVER FOR THE TELEGRAPH
were escorted off their vessels by secu- agement have exploited a loophole here
rity and replaced with agency staff. in order to sack British workers.”
However, he added: “We chose not to He added on Twitter: “P&O Ferries
consult and we are, and will, compen- has ripped up 800 workers’ rights
and hung them out to dry. I’ve
instructed a full review of our maritime
Peter Hebblethwaite, employment laws and will be strength-
chief executive at ening protections for seafarers’ mini-
P&O Ferries, refused mum wages.”
to rule out taking a Because its vessels were not British
bonus on top of his flagged, there was no need for Mr Lord Grade, a Conservative peer, has been appointed chairman of Ofcom, the media regulator. He is believed to have been championed by Nadine Dorries, the Culture Secretary
£325,000 salary
Business
L
iving standards will fall at a rate this year, rising to 1.9pc next. As it
unprecedented in recent history. turns out, it is now 6.2pc. So, er,
The poorest will take the biggest slightly more.
hit. Real wages will be hammered, It said average earnings would rise
trade will be damaged by our by 2.7pc this year. The actual figure is
departure from the European Union, 3.8pc, almost 50pc more. The list goes
and none of the tax cuts announced in on and on.
the Spring Statement on Wednesday True, it would be wrong to be too
will make up for the increases already harsh. As Niels Bohr, one of the fathers
in the pipeline. of the atomic bomb, so memorably put
The shadow chancellor, Rachel it: “Prediction is always difficult,
Reeves, hardly had to think very hard
for lines of attack on Rishi Sunak, nor
did any of the interviewers who
‘It is so much a part of the
wanted to give him a rough ride. centrist, establishment blob
The Office for Budget Responsibility
had done their work for them,
that it is rarely able to say
immediately publishing a report that anything original’
trashed the statement as a tissue of
flimsy forecasts and dodgy accounting. especially if its about the future.”
But hold on. We treat the OBR as if We have all made some rubbish
its forecasts were gospel, when in predictions. The important point is
reality it is as flawed as everyone else this. There is no reason to treat the
trying to predict the markets and the OBR as any more reliable than any of
economy. It generally just cuts and the dozens of forecasts coming out of
pastes the market consensus, and it is the City, and it is not even as good as
so much a part of the centrist, the top-tier investment banks.
establishment blob that it is rarely able In reality, it is questionable whether
to say anything original. It may well be we really need the OBR at all. George
well-intentioned, at least on its own Osborne set it up to provide some
terms, but its forecasts have no more intellectual cover for controlling
credibility than anyone else’s. public spending, back in those dim
Brexit is a case in point. The OBR distant days when Conservative
points out that UK trade has fallen at governments were actually interested
a faster rate than any other G7 country, in that kind of thing.
in the wake of our departure from We already have Treasury
the European Union. We have missed forecasts, and the Bank of England’s,
out on a post-Covid boom as a result, and it is hard to see why we need yet
it suggests. A more likely explanation another one.
for this discrepancy is that as an island If we have to have it, however, we
nation with a huge bias towards should at least stop treating its
exporting high-end professional predictions as any more reliable
services abroad, our economy is quite than anyone else’s – when that simply
different from many of our rivals. isn’t true.
Morrisons takeover risks Shell to pump up to £25bn Eco home upgrades to cost
petrol price rises, says CMA into Britain as it quits Russia 15pc more despite VAT cut
By Oliver Gill drivers will suffer from the takeover. By Rachel Millard plans to develop the major Cambo oil- By Melissa Lawford The tax cut will be completely out-
Colin Raftery, senior director at the field off the coast of Shetland. weighed by massive increases to the
THE prospective £10bn takeover of the CMA, said: “We’re concerned that this SHELL will invest up to £25bn in the Senior figures at Shell are understood THE cost of energy efficient home price of materials and the cost of trades-
supermarket chain Morrisons risks deal could lead to higher prices for UK over the next decade as it abandons to have become frustrated by the Gov- improvements will be 15pc higher this people, in the wake of the supply chain
putting further pressure on petrol motorists in some parts of the country. Russia and brings its headquarters from ernment’s unwillingness at the time to year despite Chancellor Rishi Sunak’s crisis and spiralling fuel prices.
prices, the competition regulator has But if CD&R and Morrisons are able to the Netherlands back to London. fully back the Cambo project. move to cut VAT on “green” works. The cost of construction materials
warned, hours after a 5p-a-litre tax cut address these concerns, then we won’t David Bunch, the FTSE 100 compa- It is now believed to be reconsidering Analysts criticised his policy as a drop rose by 21pc in the year to January,
at the pumps came into force. need to move on to an in-depth investi- ny’s chairman, said more than three the project amid a marked shift in tone in the ocean, after Mr Sunak announced according to the latest Government
The Comp etition and Markets gation of the merger.” quarters of the spending would go into from the Government which wants to he would cut VAT on eco-friendly home data. Even with a five percentage point
Authority said drivers faced higher A spokesman for CD&R said: “We low-carbon endeavours. increase domestic energy production works from 5pc to 0pc in his Spring tax cut, works will still cost 15pc more
prices at forecourts across 121 locations note the CMA’s statement and will be However, he said the oil and gas giant as the West tries to wean itself off Rus- Statement. The move is intended to than at this time last year.
as a result of the takeover by American responding accordingly. CD&R looks “cannot act alone” and called on the sian energy. encourage homeowners to make their Noble Francis, of the Construction
investment firm Clayton, Dubilier & forward to continuing to work con- Government to help ensure the right Ministers are believed to have been Products Association, a trade body, said:
21pc
Rice. CD&R owns Motor Fuel Group, structively with the CMA.” conditions for investment. pushing companies to invest in the “The reduction in VAT on energy-
the UK’s biggest petrol station operator The spectre of an in-depth competi- Writing on LinkedIn as he welcomed North Sea, which may help them fend saving materials from 5pc to 0pc merely
with 921 sites. With Morrisons running tion inquiry comes with CD&R scram- the Chancellor’s Spring Statement on off calls for a windfall tax on oil and gas makes a dent into the overall cost rises.
339 forecourts, the CMA warned that bling to find a new owner for Motor Wednesday, Mr Bunch also called for a companies’ high profits this year. “This won’t make a difference in
the private equity house could capital- Fuel Group. “stable political discourse”. Mr Bunch added he was looking The rise in cost of construction materials terms of the cost of living crisis or
ise on its dominant position to keep fuel Investment banks Citi, Deutsche Shell has been a major investor in the forward to working with Government in the year to January, according to increasing demand for energy saving
prices artificially high. Bank, Goldman Sachs and Royal Bank UK for decades through its North Sea oil and industry to “help the UK government data retrofit activity.” He added: “This is a big
Rishi Sunak cut fuel taxes by 5p a litre of Canada have been hired by CD&R to and gas fields, service stations, and, secure its future energy supply and missed opportunity. There is a very big
in his Spring Statement on Wednesday. run an auction for the forecourt opera- more recently, household energy sup- move towards its 2050 net-zero [carbon policy hole when it comes to energy
The competition watchdog has given tor. Although a £5bn price tag is plier. It recently moved its tax residence emissions] target”. properties more green and protect efficient retrofit works.”
CD&R, whose bid is being led by former believed to have been slapped on MFG, from the Netherlands to the UK as part Shell has said it will pull out of Russia themselves against massive rises in The benefits of the tax cut will only
Tesco chief Sir Terry Leahy, five days to City sources have questioned whether of efforts to boost its “speed and flexibil- in response to its invasion of Ukraine, energy prices. be felt by wealthier households who
respond to its competition concerns. the valuation is too high and CD&R ity” as the company tries to move away including shutting down its petrol But experts warned that the policy were already thinking about undertak-
The CMA will then have a further five could be left in the unenviable situation from fossil fuels. stations and exiting the Nord Stream 2 would help only a limited number of ing works and will give minimal help to
days to decide whether or not to launch of accepting a considerably lower offer However, Shell appeared irked with pipeline project between Russia households and amounted to “a middle and low-income homeowners,
an in-depth inquiry into whether or pulling the sale completely. Britain in December when it scrapped and Germany. policy hole” on energy efficiency. experts warned.
The Daily Telegraph Friday 25 March 2022 *** 3
p
but fuel poverty Higher inflation will stunt
pay for teachers and NHS
‘The greatest one part of a torrent of extra cash flood- ‘A further the decision to ramp up taxes again.
ing into the Treasury. Rising inflation Overall, the Government’s revenues
falls will be pushes up the cash size of the economy, 1.3m people will rise from around £900bn in the
felt by the combined with a remarkably tax-rich will fall into current financial year, according to we expect inflation to average more defence given the budget was already
recovery from the pandemic which has OBR estimates, to £987.5bn next year Institute for Fiscal Studies than 7pc over that period. That is an expected to fall in real terms even
poorest taken forecasters by surprise. absolute before breaking the £1 trillion mark in
says the Treasury cannot example of what we are going to see before the spike in inflation. But if pub-
quarter of VAT is expected to pull in £139bn
next year, rising to more than £174bn in
poverty next 2023-24 – a year earlier than was
expected back in March 2020 prior to afford pay rises for public
across the public sector.”
Real-terms pay in the public sector is
lic sector pay is not increased, it leaves
workers bearing the pain.
households five years’ time. year the pandemic. sector employees already 2pc lower than it was in 2010, he “If there is no compensation for this
who are set Corporation tax receipts, meanwhile,
will boom from just over £50bn last
including Richard Hughes, chairman of the
OBR, noted Sunak’s business support
said, as inflation has outstripped pay
growth over the period, so a further
higher level of inflation facing house-
holds, the average public sector worker
By Tim Wallace
to see their year to more than £94bn in 2026-27, 500,000 schemes through the pandemic may real-terms fall will be “a tricky subject would be hit to the tune of about £1,800
real incomes driven by next year’s sharp hike in its
rate from 19pc to 25pc.
children have helped companies stay afloat and
in good shape, so that they made more
MATCHING public sector pay rises
with inflation could blow a multibillion-
for the Chancellor”.
Over the same time period private
in real terms,” Mr Zaranko said.
Mr Sunak has stressed the need for a
drop by 6pc’ The OBR said the consumption tax’s – the first money as lockdown rules were lifted pound hole in the Chancellor’s financial sector real pay has grown by 5pc, itself well-resourced public sector.
strong performance is in part due to time Britain and paid more taxes. plans, undermining public services an underwhelming return over more “When I said we were a government
households that have been splashing At a Resolution Foundation event, he unless spending rises rapidly, accord- for public services, a government for
out on upgrades. Spending on durable has seen such said higher inflation is one cause of the ing to the Institute for Fiscal Studies. the NHS, I didn’t just mean ‘when it was
goods, a category which includes things
like washing machines and furniture,
for instance, attracts the full 20pc VAT
a rise in
poverty
higher tax take: “We have seen an infla-
tion surprise dragging more people into
the tax system and then more of their
Soaring prices are already set to wipe
out between one eighth and one half of
the increases to the budgets of Govern-
£1,800 easy’ – it is a total commitment,” he said,
setting out his argument for retaining
the health and social care levy which
rate and brings in more cash for the outside of income into higher tax brackets.” ment departments announced in the The real-terms hit the average public pushes up workers’ and their employ-
Government. And an extra factor is that the finan- autumn, economists at the think tank sector worker is expected to take if no pay ers’ National Insurance payments.
Those receipts had already risen over recessions’ cial sector has done well since Covid warned, and pressure for higher pay rise is given, according to the IFS Meanwhile, the lack of support for
the past decade from just below £36bn struck, boosting profits and pay. could hammer the finances even more. low-income families in the Spring State-
in 2010-11 even as the Conservatives “An awful lot of our tax comes from Even trying to match the sub-infla- ment left more than a million people on
chopped the rate of tax. people at the top end, so when those tionary pay rises expected in the private than a decade. Official forecasters at the the verge of “absolute poverty”, the Res-
That policy was stopped in the 2019 people do well, we get a lot more in tax,” sector this year could cost the public Office for Budget Responsibility have olution Foundation warned.
election then reversed a year ago with he said. purse an extra £3bn, according to Ben upgraded their forecast for average pay The living standards think tank said
Zaranko at the IFS. growth across the economy to 5.3pc, Mr Sunak’s measures represented a “big
The economist said public servants which remains below inflation. but poorly targeted policy package”
are extremely unlikely to get a pay rise It raised predictions for the private that did not do enough to aid families hit
matching inflation, as prices are sector by 1.3 percentage points, Mr hardest by the cost-of-living crisis.
expected to rise by more than 7pc over Zaranko said, but only about 0.5pp in “Considering all income tax changes
the course of the year. But the extent of the public sector. “The Treasury’s offi- to thresholds and rates announced by
what increases they do receive will be cial policy is to maintain broad parity Rishi Sunak, only those earning
fought over in the summer. between public and private sector pay, between £49,100 and £50,300 will
“It seems likely we are going to have so you might think, based on that, they actually pay less income tax in 2024-25,
positive cash pay awards, especially will increase pay awards by the same and only those earning between
given the spending plans in place and amount as private sector pay is doing £11,000 and £13,500 will pay less tax
the levels of inflation we are seeing, but better than expected. That would cost and National Insurance,” the Resolution
below-inflation awards seem a cer- about £3bn,” he said. Foundation’s analysis stated.
tainty,” he said. This would leave a hole in depart- “Of the 31m people in work, around
“We know the Department for Edu- ments’ abilities to run their public ser- 27m (seven in eight workers) will pay
cation has proposed below-inflation pay vices – a particularly intense problem more in income tax and (National Insur-
awards for teachers averaging 4pc. But for the NHS facing Covid backlogs, and ance) in 2024-25.”
Cost-of-living crisis
is worse than 2011,
says Next’s Wolfson
Continued from Page 1
in the second half of the year. Next still
predicts sales will grow this year but not
as much as first thought as consumer
confidence will be more subdued. Prof-
its are expected to total £850m this
year, albeit this is £10m less than it
predicted in January as a result of its
decision to halt sales in Russia and
Ukraine. Sales will be £85m lower as a
result, the company said.
Lord Wolfson said high shipping
costs were one of the biggest drivers
of inflation.
He said: “Best-case scenario is that
we’re looking at an easing of pressure in
nine to 12 months’ time.”
The chain posted pre-tax profits of
£823m for the year to Jan 31, more than
double the amount of the previous year
and 10pc above pre-pandemic levels.
Total sales rose 11.5pc to £4.8bn dur-
NICK HATTON / ALAMY
Business comment
Ben
Marlow China’s coal revival may cut energy
It is madness bills, but at what environmental cost?
for UK to sell ambrose
evans-pritchard
boost storage, as the EU is planning
with a mandated 90pc replenishment
‘The days the People’s Congress this month that
energy security must take priority over
and analysts will soon be talking about
plummeting inflation.
its defence
rate in every country by November. The when we the climate. “We can’t be detached from We could see an absolute fall in
UK has no storage worth the name. It
should revive the Rough cavern, so
could talk reality. We can’t throw away what is
feeding us now, while what will feed us
prices of traded goods, allowing
relieved central banks to abandon plans
frivolously closed in 2018 when “just in airily of next has yet to arrive,” he told a key for staccato rate rises. This would set off
S
ince its invasion exactly one month ago, Citigroup thinks this is exactly what embargo at the Nato-G7-EU summit this security issue. The focus is on securing global warming seriously, and not to
Russia has deployed the full gamut of hi-tech may now happen. Surging coal use in week, with tacit acquiescence from the the supplies of coal, gas, and oil, and on take it seriously at this stage of
weaponry to blitz Ukrainian cities, towns and China will displace imports of liquefied rest of core Europe. Olaf Scholz, the holding down prices. “Ensuring accumulated science is nihilistic
villages. Kinzhal hypersonic missiles, which are natural gas (LNG) used in power plants, German chancellor, says time is needed economic stability, with fossil fuels, hedonism and a betrayal of Burkean
difficult to intercept; vacuum bombs that generate freeing up hydrocarbons for the rest of to break dependence on the Kremlin. trumps all,” she said. conservative principles.
supersonic blast waves, obliterating everything in the world. China became the world’s A gas glut is not (yet) Citigroup’s base China produced 687m tons of coal in The urgent conclusion of Cop 26 is
the vicinity; and cluster munitions that release biggest importer of seaborne gas last case but it is being presented as a the first two months of this year, a 10pc that the world must halve emissions
hundreds of smaller munitions over a vast area. year: a key reason why gas prices were serious possibility. Should it happen, rise from a year before. Caixin reports by 2030 to have a fair chance of
It has also been accused of using phosphorous spiralling upwards even before the Britain will be spared the worst of the that closed coal plants in Gansu have averting runaway climate change.
bombs, which can burn through bone when it Kremlin began to manipulate supply. real income squeeze, and Rishi Sunak been reopened. Five new coal-fired The days when we could talk airily of
comes into contact with flesh, and even raised the What it now does determines our fate will get away with his contractionary power plants with a capacity of doing something by mid-century have
prospect of using nuclear weapons. in Europe. austerity budget. 7.3 gigawatts were cleared for long since passed.
The West is now asking who will be next. The Citigroup is telling clients that global China’s politburo has long fretted construction over the first six weeks to China already accounts for over half
Baltic states probably have the most to fear, but gas prices could fall as fast as they rose, over the country’s Achilles’ heel: mid-February, following 33 gigawatts the world’s coal use, and a third of
what about Ukraine’s other neighbours Poland, plummeting over the second half of this dependency on seaborne supplies of cleared last year. carbon emissions. If it now mines and
Romania and Moldova? Is Finland safe? Vladimir year as diverted LNG floods the world foreign energy (and grains). Chinese Citigroup thinks China could burns an extra 300m tons a year over
Putin has buried the old world order and market. It has pencilled in European strategists have studied Franklin increase coal output by 100m tons as the early 2020s, it brings forward
unleashed a new Cold War. gas prices of $10 per metric million Roosevelt’s oil embargo against Japan soon as this year, and 300m tons another upward lurch in carbon
Only under this Government could a British thermal unit (MMBtu) or lower in 1941, afraid that the US might use this thereafter. Mr Yuen expects a dioxide parts per million, with methane
geostrategic shock of such magnitude be greeted by the summer, down from a peak of weapon to constrict supplies of coal, production “ramp-up” by April or May, leakage to match.
by the possible sale of some of our best defence $110 at the height of the winter crisis. crude and gas in a future crisis. potentially setting off a crash in global We are close to the threshold of
companies. They include Ultra Electronics, a “China could be turning itself from a White House sanctions policy since coal prices a few weeks later. Citigroup unpredictable feedback loops, if we
supplier of technology for Trident nuclear voracious energy importer to possibly the invasion of Ukraine has crystallised forecasts a halving of European gas have not passed several already. China
submarines; and Meggitt, a provider of the only country with spare coal and these fears in Beijing, although Xi prices to $14 by the summer in its base may now push us over the brink
components for military aircraft including natural gas production capacity to help Jinping had already ordered officials to case, and down to $4 by next winter if whatever the rest of us do.
America’s F-35 fighter jet programme. normalise the global markets,” said secure imported fuel as a national Russia then floods the market. The awful concatenation of Vladimir
Even Olaf Scholz, the German chancellor, a man Anthony Yuen, the bank’s commodity emergency, and at any price, after a Should it happen, the UK energy Putin’s adventurism is getting worse
once described by Spiegel magazine as “the strategist. The better option may be to string of blackouts late last year. He told price cap will return to normal levels, with every week that passes.
embodiment of boredom in politics”, has grasped
the nettle, tearing up the country’s foreign and
defence policies in response to Russia’s invasion.
A long-standing ban on weapons exports to Root cause
conflict areas has been reversed and Germany has Rooted Beings, a
pledged to go above the 2pc of GDP target fixed by
Nato, reversing years of under-investment that new exhibition at
became an obsession of Donald Trump’s when he the Wellcome
was in the White House. “We are now in a new Collection in
era,” Scholz has said. London, explores
In the UK, we look set to respond by allowing
control of Ultra to be handed to private equity, and the relationship of
Meggitt to be swallowed by American rival Parker humans with the
Hannifin. This, despite the Government’s ability to plant world. It aims
block takeover deals being bolstered by the UK to encourage us to
National Security and Investment Act that came
into force in January. rethink the way
After a decades-long free-for-all, which resulted we see plants and
in vast chunks of critical “embrace wildness
‘It is beyond infrastructure including
airports, ports, water
in our lives”.
belief the US suppliers and steel
would allow production to disappear into
foreign hands or fall under
the best bits private equity ownership,
of its defence the legislation raised hopes
for a much tougher approach
industry to to takeovers of companies of
be sold off’ strategic importance.
Yet, there is a growing
expectation that Kwasi
Kwarteng, the Business Secretary, will soon wave
the deals through after gaining undertakings that
past history has proven aren’t worth the paper
they are written on.
Britain’s open-door policy to foreign ownership
has had grave consequences for jobs, R&D,
technology and the tax base, and it also weakens
ELLIOTT FRANKS
T
of the risks of allowing important assets to here are two ways to interpret the headline tax figures, important It’s not exactly taking an axe to the sign up to our mass printing and borrowing during
disappear overseas. The result is no oversight, no Rishi Sunak’s Spring Statement. as they are. size of the state, but it will mean Economic the pandemic; it’s the consequence of
control and zero accountability. The first narrative – the one What really shaped his mini-Budget trims and cuts – and ideally efficiency Intelligence a nation that never properly got its
It’s not just this Government that is guilty of the Government would like to craft – is were two factors that will come to gains – across departments. And newsletter, finances in order for when a real
such a naive approach. Remember in 2014 when that after months of speculation over define the next few years of money that could have further bloated emergency hit.
George Osborne claimed that the sale of whether the Treasury was all talk and economic policy: the direction of the state has gone instead back into
by Ambrose Pension and healthcare costs were
AstraZeneca to Pfizer could be in Britain’s no action on tax cuts, the Chancellor travel for the size of the state and the people’s pay packets. Evans-Pritchard on an unsustainable track long
economic interest? Surely our response to Covid finally delivered them. threat of inflation to the stability of No doubt Sunak is bound to face and Jeremy before Covid hit. The assumption that
would have been weakened had the former Substantial tax cuts. A near-£3,000 the public finances. some accusations of austerity. For Warner the old economic rules had been
chancellor and David Cameron got their way. rise in the National Insurance For many on the Right, Sunak’s tax many on the Left, real-term spending telegraph.co.uk/ disproven – and that inflation and
To ensure our most important companies threshold – the biggest single uplift on pledges just aren’t good enough. cuts won’t be tolerated. There are even ei-newsletter rates would stay low forever – was
remain British isn’t to be anti-free markets or record. Fuel duty cut by 5p. Pledging to reduce income tax by 1p MPs in his own party who would not quickly dispelled when global
hostile to foreign investment. An instructive And income tax? If MPs can restrain when National Insurance (really just just like to see government spending economies were unlocked.
exercise is to ask, what would America do? The their yearning for more spending, he’ll another stealth income tax) is going up keep pace with inflation, but would Now the inflation cat is out of the
Americans are the greatest proponents of free be cutting 1p off the basic rate of by 2.5 percentage points does not a like the Government to invest further. bag, and we’ll be dealing with the
trade in the world. Yet, it is unthinkable that it income tax by 2024, just in time for the “tax-cutting Chancellor” make. Calls have been growing in recent consequences for years: the OBR
would allow the best bits of its defence industry to next election. But with a heavy spending Prime weeks from Tories to boost defence projects inflation will hit nearly 9pc
be sold off. It frequently blocks deals deemed But dig into the figures and another Minister at the helm, Sunak’s options spending, for example, in the wake of before the end of the year. Whitehall is
harmful to America’s interests. narrative emerges. Sunak may have for major tax overhaul have always Russia’s war against Ukraine. preparing for double digits.
It is perfectly possible to champion free trade announced tax cuts this week, but all been limited. Unwilling to borrow But whether they come from the So given spiralling debt interest
without committing self-harm and allowing the tax increases he’s announced in his money for long-term, day-to-day Left or the Right, there is a very payments, previous spending
important infrastructure to be sold off. previous Budgets vastly outweigh spending, Sunak has had to balance obvious question that must be commitments to make good on,
But in the case of Ultra and Meggitt, it is worse these cuts. delivering the subsidies and the tax answered now: where is all this downgraded growth figures and
than that. There is simply no economic or Fuel duty and income tax may be cuts at the same time. “investment” coming from? economic sanctions that weren’t
commercial logic to allowing their sale, and it going down, but higher corporation Soaring inflation has made this far In the era of ultra-low inflation and predicted even at the start of the year,
makes no sense from a security perspective either. tax, freezes to personal income tax harder, as rising prices are making rates, it was easier to make the case Sunak still managed not just to start a
Even when it comes to bidders from countries thresholds and the new National everyone worse off. The fiscal that money could be borrowed to tax-cutting process, but also to start
with whom we have long-standing ties, the Insurance levy will ensure that the tax headroom Sunak had this Spring cover the popular spending project of rebalancing this Government’s
outcome is still the same: a weakened ability to burden stays at record highs. Statement – roughly £20bn, with some the day. But no longer: the payments priorities: in favour of the taxpayer
protect ourselves from hostile powers. According to the Office for Budget breathing space against his rules – the Treasury must make just to service instead of the state.
Nor will there be a better case for intervening. Responsibility, Sunak’s mini-Budget gave him a choice: to boost the public debt will reach £83bn this It may not be as “low tax” a
As Scholz has argued, “if our world is a different only unwound a quarter of the government department budgets in year, a sum four times higher than statement as the Treasury would make
one, then our policy must also be different”. personal tax rises he had previously line with inflation, in a bid to fully what it was last year. it out to be – but finally we’re moving
What are you waiting for, Mr Kwarteng? announced, and a mere sixth of the protect Spending Review settlements, At a time when the United States is in the right direction.
The Daily Telegraph Friday 25 March 2022 *** 5
Business
Johnson leads
efforts to freeze
Kremlin’s vast
gold reserves
The Prime Minister the first time the agency has made it
clear to the market to stop dealing with
V
ladimir Putin’s obsession with gold assets earlier this month, said in a
buying gold, a typical safe haven statement: “Russia’s massive gold supply
asset, now seems to have been a is one of the few remaining assets that
clear warning sign he was beating the Putin can use to keep his country’s
drum towards conflict. economy from falling even further.
Since becoming president in 2012, “By sanctioning these reserves, we
Putin has amassed huge reserves of the can further isolate Russia from the
precious metal. Moscow’s stash is now world’s economy and increase the
worth nearly $140bn (£106bn), making difficulty of Putin’s increasingly costly
it the world’s fifth largest reserve of gold military campaign.”
SAM MOPPETT FOR THE TELEGRAPH
E
lvira Nabiullina, Russia’s central Russia’s economy buckles under the after helping the Kremlin since the
bank governor, is known for weight of Western sanctions. invasion, he adds.
sending coded messages with her Leaving now would have been seen Few women make it into Putin’s
clothes and brooches, such as a hawk as a betrayal by Putin after years of inner circle, while even fewer officials
to signify interest rate hikes or a rain close cooperation between the two, in the Kremlin manage to gain the
cloud to suggest a gloomier outlook. Bloomberg reported. respect of international investors. But
When Vladimir Putin assembled his Despite that, Nabiullina reportedly Nabiullina had blazed a trail with her
top economic team following the failed to stress test the economic blow stewardship of the Russian economy.
invasion of Ukraine, she wore all black. Liam Peach, an emerging market
Some suggest it was to signal the death
of the Russian economy.
‘She established a strong economist at Capital Economics, says:
“She established a really strong
Since taking the role in 2013, the reputation in Russia as an reputation in Russia as an inflation
revered technocrat has steered
Moscow’s economy through a number
inflation hawk and credible hawk and a credible central bank
governor.
of crises with her ultra-conservative central bank governor’ “After the 2014-15 rouble crisis, she
monetary policy. floated the rouble and she’s been at the
Now, after Putin last week of war, having been blindsided by forefront of the central bank’s efforts
nominated her for a fresh five-year the decision to push ahead with in recent years to clean up the banking
term, the 58-year-old has unexpectedly the invasion. system.”
found herself on the front line in Some have little sympathy for the The ex-Sberbank chief executive has
Russia’s “economic war” against trapped governor, arguing Putin has managed to steer the Russian economy
the West. long been putting in place the pieces through crises including Covid, an oil
International investors wondering for a war, while others doubt the price crash and previous waves of
how Nabiullina is stomaching the leaked resignation story. sanctions. But the war has undone
country’s economic turmoil may find Tim Ash, an emerging market much of her hard work to strengthen
an answer in the apparent divide strategist at BlueBay Asset the country’s economy with the
central bank itself hit by sanctions.
Now, amid the war, Nabiullina has
been forced to double interest rates to
20pc, freeze trading on Moscow’s
stock exchange and introduce capital
controls – a move she was said to have
privately claimed was a resigning
red line.
Peach says Nabiullina has been
“very successful at preventing a
liquidity and solvency crisis in the
banking sector” and stopping foreign
money leaving. Perhaps her place at
the heart of Moscow’s economic war
should be no surprise.
A central bank under Nabiullina was
key in Putin’s Fortress Russia plan to
cushion the blow of any future wave of
Western sanctions. Since the
annexation of Crimea, she built up a
$630bn (£478bn) foreign reserves war
chest to fight any slump in the Russian
ruble, ammunition blunted by
ANDREY RUDAKOV/BLOOMBERG
Business
H
200
eightened fear among investors strong long-term growth potential as 2021): £276m net While its reported pre-tax profits
Questor can be particularly bad news investors’ sentiment improves. As a cash declined by 10pc, this was due to a
Inheritance for smaller companies. Worried result, recent market movements have 150 Return on profit on the sale of an asset being
investors often favour mature done little to change our opinion of capital (Feb included in the previous year’s figure.
Tax Portfolio and diverse businesses that current holdings. 2021): 18.6pc On an adjusted basis, pre-tax profits
are usually found in the Clearly, some have 100 Cash moved 25pc higher.
FTSE 100, rather than the Boohoo declined more than conversion ratio Encouragingly, the company’s
generally smaller firms others over recent (Feb 2021): 131pc recent UK and European acquisitions
Hold
Recent acquisitions, quoted on Aim.
America’s “Vix”
months. Among the
biggest fallers is the
50
2017 2018 2019 2020 2021
p/e ratio (Feb
2021): 10.3
made a positive contribution to
its financial performance. It also
investment in its volatility index more
than doubled between
Share price fall since
purchase disappoints
online retailer Boohoo.
Its shares have lost this should help to offset rising costs. years. The purchase of brands such as
successfully launched a number of
new products during the year that
distribution network the start of the year and
the first week of March.
but growth prospects
are bright
30pc so far this year as
challenges including
It will also improve the firm’s product
availability in America should today’s
Debenhams provides scope for growth
in areas such as beauty and home
position it for long-term growth.
Since we added them to the
and improving Although its rise reflects
greater fear among US investors,
higher product return rates,
rising freight costs and supply
supply chain problems persist.
Over the past two years Boohoo has
products that could offer cross-selling
opportunities to existing customers.
portfolio in January 2018, shares in
Gamma Communications have more
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1170¼ 850⅜ Nat Grid 1119¾ +11¾ 4.4 24.0 543¾ 403¼ Asia Dragon Trust 444 -7 1.5 504 203⅛ 150 PremierMitonGlb 174½* — 4.0 200 1737 92 Polymetal 166 +28½ 44.3 1.1 110⅞ 63⅞ Stagecoach 105½ +¼ — 17.3 51 26⅝ Philips (Kon) € 27 -¼ 3.1 1.5
È Retailers -1.31 1711 1413 SSE 1674½ +4½ 4.9 7.7 506 257½ Baillie Giff China 308 -1½ 2.3 322 2787 2205⅞ RIT Cap Ptnrs ● 2545 -40 1.4 2701 6788 4354 Rio Tinto 5857* +57 12.9 5.9 79⅞ 24½ Brown N 28⅞ -1⅛ — 11.0 406¼ 166¾ TUI AG ● 223¼ -¾ — -1.2 158 105⅞ Siemens € 130⅛ -⅞ 3.1 1.9
171 90 Baillie Giff Euro Gwth 106 -1 0.3 115 320 282 Ruffer Inv Pref ● 308* -2 0.8 298 159¼ 84 Currys ● 88¼ -⅛ 4.5 88.3 1432 712½ Wetherspoon ● 791 -17 — -5.4 37⅝ 18⅜ Societe Gen € 24⅛ -¼ 6.8 3.6
Engineering / Industrial -1.58% Oil & Gas +0.06%
È Engineering / Industrial -1.58 125⅝ 96 Bankers Invstmt Tst ●106¾ -⅜ 2.0 113 528 410 Schroder Asian TR 460 — 1.5 470 1599 963½ Dunelm ● 1099* -25 6.7 17.3 3646 2384 Whitbread 2742 +53 — -5.7 19⅜ 12⅛ Stellantis € 14⅜ -⅛ — —
420 282½ Castings 297 +2 5.2 31.2 1513⅝ 852 Biotech Growth 900 — — 955 548 437⅞ Scot American ● 500* +1 2.5 492 419⅛ 275⅞ BP 389¼* +1¼ 4.3 13.7 827 450¾ Frasers Group ● 666½ -5 — -40.4 120 70½ Thales € 118 +2 2.2 2.5
AIM -0.30%
81⅜ 55¼ Coats Group ● 81⅜ +4⅜ 2.0 17.6 140¼ 85 BlackRock Enrgy&Res 133 -1 3.3 129 927 725 Scot Invest 900½ -9½ 2.7 937 223⅝ 122 Capricorn Ener ● 219⅜ +¾ — 1.6 3443 2025½ Greggs ● 2416 -44 2.4 20.9 52½ 34¼ Total € 46¾ +⅜ 5.7 2.3
© 2022 Tradeweb Markets LLC. All rights reserved. The
Tradeweb FTSE Gilt Closing Prices information contained 1650 1000 Cropper J 1175 +75 0.2 71.6 140 113½ BlckRock FroInv 125½ -2 4.1 139 441¾ 212⅜ Halfords 254⅜ +¼ 3.5 9.4 20 13⅞ Afentra # 14½ — — -21.3 19⅞ 13⅛ UBS AG SFr 17¾ … 2.6 3.9
herein is proprietary to Tradeweb; may not be copied or
re-distributed; is not warranted to be accurate, complete or 4000 2611⅝ Goodwin 3310 -70 3.1 19.7 732 436⅜ BlckRck Grt Euro 530 -8 1.2 538 985¾ 723 Howden Joinery 784¾ -16⅝ 2.5 14.8 1190 800 Arbuthnot 975 — 3.9 21.6 33½ 21¼ Veolia Environ € 28 -⅞ 3.6 0.7
timely; and does not constitute investment advice. Tradeweb
is not responsible for any loss or damage that might result 1878 1199 IMI ● 1426 -28 1.7 19.4 202 160 BlckRck Inc&Grth Inv 180½ -3½ 4.0 202 235¾ 121¼ JD Sports Fash 147⅝ -4 0.2 32.0 2800 1910 BrooksMacdonald 2235* +10 3.0 17.8 318 180⅛ Volkswagen € 221 +¼ 3.4 2.2
from the use of this information.
204 108 Melrose Ind 125½ -3⅛ 1.4 -10.3 423 310 BlackRock Latin 423 +1 4.7 456 389⅝ 247⅜ Kingfisher 261¾ +¼ 4.7 6.5 ⅜ 0 Cambria Africa ¼ … — 11.9
Recent issues
2088 1233½ Mondi 1511½ +10 3.6 15.1 212 177 BlckRck SustAmerInc 212 +2 3.8 217 102 51¾ Lookers 96¾ +⅞ — -92.2 298 187½ Central Asia Met 239 +3 6.7 12.7
52 week
84⅞ 62⅝ Severfield 66 — 4.5 11.8 2230¼ 1412¼ BlackRock Small ● 1636 -10 2.0 1879 263 129¾ Marks & Spen ● 153⅞ -4¾ — -15.2 1380 481¼ Ceres Power 741 +1 — -64.3 High Low (p) Stock Price (p) +/- Yld P/E
1669½ 1323 Smiths Gp 1518 -13 2.5 21.2 1046 621⅞ BlkRk Throg Tst ● 734* -16 1.4 754 20 10 Mothercare 12 -⅛ — -2.1 2050 1350 Churchill China 1412½ — 0.5 — 36¾ 32 CleanTech Lithium 34 -1¼ — —
466 279¼ Smith (DS) 323⅞ -3½ 4.0 24.4 786 492 BlackRock Wld M ● 754* +5 5.6 765 8484 5578 Next 6176 -208 2.1 27.7 476¼ 295⅝ CML Micro 343 — 1.2 2.4 1005 986 NewEnrgyOneAcq 985 -2 — —
Government securities
4334 2771 Smurfit Kappa 3375 -68 3.1 15.3 345 269½ BMO Cap & Inc 311* -2 3.7 317 2255 1052 Ocado 1103 -21 — -36.5 682 442 Cohort 473 +3 2.4 35.4 RC365 Holding 7 — — —
52 week Flat Rdm
High Low (£) Stock Price (£) +/- Yield Yield 17225 10785 Spirax 12325 -190 1.1 38.7 118¾ 69¼ BMO ComProp ● 115* — 3.9 126 28½ 14½ Pendragon 27½ -½ — 6.2 2¼ 1 Deltex Medical 1¼ +⅛ — -8.3
118.63 110.31 Treas 5% 25 110.34 +0.05 4.53 1.41 1661 1040 Vitec 1345 +5 2.6 23.8 177 138⅜ BMO Glob SmCo ● 154⅝ -¾ 1.1 174 464⅝ 200⅜ Saga 231⅝ -1¼ — -3.5 147 82⅜ Eleco 102½ — 0.6 26.3
140.24 135.60 Treas 6% 28 128.87 +0.07 4.66 1.46 2015½ 1381 Weir ● 1765 -123½ 1.3 17.7 300 240 BMO Mgd G 258 — — 261 342 233⅝ Sainsbury J 259½ +1⅞ 4.1 -20.0 103 71 Finsbury Food 72 -2 4.5 7.3
141.39 123.77 Treas 4¼% 32 124.52 +0.14 3.41 1.63 150 125 BMO Mgd I 134* — 4.6 135 1931½ 1259¾ Smith WH ● 1426 -12½ — -22.8 63 24 Futura Medical 24⅞ -1¼ — -25.2
Food producers -0.41%
147.87 129.00 Treas 4¼% 36 130.21 +0.28 3.26 1.79 520 323 BMO Priv Eq Ord 480 -11 3.9 586 304⅛ 219⅜ Tesco 275 -1 3.3 4.3 63 33⅛ Hornby 34 — — 41.5
163.41 135.07 Treas 4¾% 38 142.26 +0.36 3.34 1.81 2528 1584½ Ass Brit Fds 1688½ -8 1.6 27.9 96¼ 68¼ BMO Real Est Inv 87* -¼ 4.6 121 588 235¾ James Halstead 251 — 3.0 26.1
Support services -0.72%
2809⅝ 1403½ Coca–Cola HBC 1595½ -36 3.3 16.8 101 77 BMO UKHighIncTst 86½ — 6.3 93 1573¼ 912⅜ Jet2 1107 -14½ — -7.3
Index Linked Securities 4200 37 Cranswick ● 3486 +46 2.0 19.8 1140 886 Brunner 1015* -5 2.0 1144 6572 4208 Ashtead Gp 5200 -88 0.9 33.4 106 97½ LifeScienceREIT 101 +½ — 100
378.90 351.92 Treas 2½% IL 24 374.68 +0.47 0.67 0.00 1298 988 Hilton Food ● 1184 +8 2.3 24.4 4151¼ 2620 Caledonia ● 3585 — 1.8 4695 3000 2225 Bunzl 2891 -9 2.0 21.8 665⅜ 371½ Mpac Group 510 -20 — 31.3
404.01 367.29 Treas 4⅛% IL 30 384.54 +0.72 1.07 0.00 193 48 REA Hldgs 167½ +½ — -7.4 188¼ 142 Capital&Count ● 168¾ -¼ 0.9 49.6 56 19⅞ Capita 20¼ -½ — 23.8 278 145 MS Intl 270 — 3.1 37.5
325.39 286.32 Treas 2% IL 35 301.19 +1.14 0.66 0.00 4388 3267½ Unilever 3370 -15 4.3 17.3 417 363¼ City of Lon ● 410 +1½ 4.7 400 20¾ 12½ Carillion # 14¼ — — 0.5 419⅞ 235 Numis 261 -7 5.2 4.8
207 123¾ CQS Nat Res G & I 206 +4 2.7 236 6684 5050 DCC 5784 -10 2.8 19.5 207 135 Premier Miton 149 — 6.7 15.6
Gas & Water +1.29%
10-year Government Bonds 523⅞ 333⅞ Dunedin Ent 500½* — 6.1 553 215 98¼ De La Rue 109 -1 — 32.1 55 28⅝ SRT Marine Sys 37¼ — — -11.9
82⅞ 45¼ Centrica ● 82⅛ -⅛ — 4.0 659 547 Edinburgh Inv Tr ● 633 -3 3.8 688 366 250 Essentra ● 315 +5½ 1.9 — 111 80 Tribal Gp 89½ -½ 1.5 26.3
Spread vs Spread vs
Yield% Bunds T-Bonds 1751¾ 983½ Pennon Gp ● 1028* +6 3.3 1.6 369 187¾ Edin Worldwide ● 219 -2½ — 246 3689 2442 Experian 2988 +2 1.2 44.7 40 10½ Union Jack Oil 28 +1¼ — -12.6
France +0.00 +0.00 3008 2268 Severn Trent 2926 +52 3.5 32.8 152 94¼ European Assets 114 -½ 7.7 119 13640 8430 Ferguson 10860 -365 1.7 21.2 7½ 3 Xtract Resources 6⅜ +⅜ — -31.8
Germany - +0.00 1138½ 898¾ Utd Utilities 1065½ +20½ 4.1 16.0 953 767¼ F&C Inv Trust ● 842 -3 1.5 943 1218 578⅜ Homeserve ● 806½ +103 3.3 86.7 1685 1312½ Young & Co – A 1450 +30 0.6 -21.3
Japan +0.00 +0.00 510 406¼ Fidelity Asian V 440 -6 2.0 496 6306 4703 Intertek Group 5142 -6 2.1 28.8 990 620 Young & Co – N/V 656 -9 1.3 16.7
General financial +0.09% 52 week 52 week
Great Britain +0.00 +0.00 446 211½ Fidlty Chna Sp Sits ● 260 — 1.8 279 High Low (p) Stock Price (p) +/- Yld NAV High Low Stock Price (p) +/- Yld P/E 384¼ 211⅛ IWG ● 256½ -5¼ — -12.6 The Alternative Investment Market is for young and growing
companies. Shares may carry higher risks than those with a full
United States +0.00 - 430⅜ 211¼ Ashmore ● 234⅝* +3⅜ 7.2 6.4 345½ 256½ Fidelity Euro Tst ● 297½ -2½ 2.3 326 1568½ 816¼ Scot Mortgage 1008 -18½ 0.3 1021 32¼ 15⅛ EnQuest 31⅛ +1⅞ — -1.1 182¾ 103 Johnson Serv 116 — — 77.3 quotation, and may be difficult to sell.
571 257½ Bridgepoint Grp ● 318 +28½ 1.1 — 268½ 158 Fidelity Japan Tst 182 +1½ — 190 235 197 Sec Tst of Scot 224 -2 2.5 224 524⅝ 284 Harbour Energy ● 499⅝ +25¼ 1.7 56.8 605 248½ Menzies J 567 +4 — 43.7
The share prices, price-earnings ratios and dividend yields
below are supplied by Interactive Data (Europe) Ltd. The
Americans +0.53%
yields are calculated using historic dividend payments divided 1778 961⅛ Hargreaves L 1039½* -6½ 3.7 16.6 315 247 Fidelity Sp V ● 289½ -2½ 2.3 288 2040 1391½ Smithson Inv Tst ● 1578 -12 — 1607 345½ 142¾ Hunting 318½ -1½ 1.9 -2.9 79 44¾ MITIE Gp ● 60⅛ -1⅞ 0.7 -66.8
by the closing share price multiplied by 100. 52 week
1004⅞ 698 IG Group ● 794½ +1½ 5.4 7.9 933¼ 746 Finsbury Gwth ● 817 -4 2.1 868 511¾ 383¼ TR Property ● 435 -4 3.3 479 203⅜ 91 Petrofac 105½ -6⅛ — -2.7 662 444¼ Rentokil 515 +6¾ 1.2 36.4 High Low Stock Price +/- GrsYd Cvr
2493 1285 IntermediateCap 1686 +6 3.4 10.5 90¾ 73⅛ Hend Div Inc Tst 77* — 5.7 83 208¾ 137¼ Tmpletn Em Mt ● 152 -2 2.5 177 2113 1833⅜ Shell 2081* -4 3.3 10.6 510 346 Ricardo Gp 400* — 2.0 — 95¾ 27½ Alcoa $ 91⅞ -2¼ 0.4 5.8
Aerospace & defence +1.31%
493 205 Investec ● 481¾ -½ 3.8 19.1 190 149½ Hend High Inc 173 — 5.8 175 83 67¾ Troy Inc & Gr 75½ -¼ 2.6 76 293 150¾ Wood Grp (John) ● 170¼ -5⅛ — -6.6 892 499 Robt Walters 650 +4 3.1 14.0 199½ 136¾ Amer Express $ 188 +1⅞ 1.1 4.8
52 week
High Low (p) Stock Price (p) +/- Yld P/E 156¼ 73¾ IP Group ● 94¼ +¼ 1.3 5.4 176¼ 150 Hend Intl Inc 170½ -¼ 3.9 181 144⅜ 135 UIL Fin ZDP 2022 144 — — 142 65 30¾ SIG 41¾ -⅜ — -1.7 50⅛ 36½ BankAmerica $ 43⅛ … 2.0 4.3
Pharmaceuticals +0.92%
388½ 215⅝ Babcock Intl ● 339¼ +5¼ — -1.0 2560 1056 Liontrust ● 1246 -30 4.7 26.5 1378 868 Hend Smaller Co ● 994 -16 2.4 1126 125⅜ 114⅛ UIL Fin ZDP 2024 122½ — — 123 148⅛ 118⅞ Serco Group ● 139¾ +½ 1.7 5.6 260½ 167⅝ Boeing $ 188½ +2½ — —
766⅜ 488⅛ BAE Systems 748¾ +13¾ 3.4 13.6 42¾ 33 Lon. Fin. & Inv. 38* — 3.0 7.9 1650 1044⅛ Hend Opp 1217½ -2½ 2.3 1501 120 110 UIL Fin ZDP 2026 116½ — — 121 9859 7045 AstraZeneca 9836* +106 2.1 — 1905⅜ 1222 Travis P ● 1285½ -33½ 3.0 -130.4 246¾ 179⅝ Caterpillar $ 222½ +⅜ 2.0 2.7
364⅜ 236 QinetiQ ● 303¾ +4¼ 2.3 13.9 8298 6230 Lon Stock Ex 7824 -18 1.2 65.0 2670 1634 Herald Inv ● 1860 -20 — 2335 674 35¾ Unbound Grp 38½ — — -3.4 5525 3368 Dechra Pharma 4020* -80 1.0 78.3 174¾ 92⅞ Chevron $ 166½ +⅝ 3.4 1.4
Telecommunications +0.81%
161⅞ 83½ Rolls–Royce 92¼ +¼ — 64.1 254¼ 168¾ M&G 221½* +5¼ 8.3 67.1 446 312½ HgCapital ● 428½* -4 1.6 437 229 196 Utilico Emerg 213½* -½ 3.7 242 6310 2814 Genus ● 2834* -88 1.1 39.0 63 42⅜ Coca–Cola Euro $ 48½ +½ 3.3 1.2
186¾ 100 Senior 131⅜ -1¼ — 22.6 242½ 156 Man Group ● 222¾ +1⅜ 4.8 8.5 181¼ 158¾ HICL Infrastructure ●167¼* -1¾ 4.9 155 257½ 203 Witan ● 227½ -1½ 2.5 247 1737 1269⅛ GlaxoSmKline 1625⅝* +13 4.9 18.6 206¾ 134⅞ BT Group 184¾ +2¾ 4.2 12.5 85⅝ 72¼ Colgate Palm $ 73¾ +⅛ 2.6 1.4
3420 1972 Ultra ● 3320 -18 0.5 35.4 383¾ 204¾ Provident Fin ● 305¼ -1¾ — -9.3 287¾ 228 Highbridge Tactical 249 — — 245 3925 2915 Worldw HealthTr ● 3110 -45 0.7 3408 2703 1767 Hikma 2122* +43 1.9 15.3 1652 993⅝ Telecom Plus ● 1530 +10 3.7 36.9 86¼ 66⅜ DuPontDeNemrs $ 75⅞ -⅛ 1.7 2.5
169¾ 108¼ Quilter ● 139½ +1⅝ 4.0 14.8 1314 976⅛ ICG Enterprise Tst ● 1152 -20 2.3 1633 291⅝ 120 Indivior ● 270¼ +¼ — 12.7 142¾ 106¼ Vodafone 124⅞ +⅝ 6.1 — 91½ 52⅛ Exxon Mobil $ 83⅝ +½ 4.2 0.4
Banks +0.60% Net Asset Values © 2022 Morningstar Estimated at previous
2090 1426⅛ Rathbones Grp ● 1742 -8 4.6 13.0 402 298 Invesco Asia Trust 344 +1½ 4.7 379 day’s close see www.Morningstar.co.uk. 66¾ 26⅜ Foot Locker $ 30½ -⅜ 5.2 5.4
219⅝ 142 Barclays 168⅜* -1⅝ 3.6 19.1 2950 2150 S & U 2340 -40 4.8 19.4 200 157 Invesco BondIncPlus 176¾ +1¾ 6.2 183 Gen Electric $ 94¼ — 0.3 10.2
1685 999 Close Bros ● 1188 -13 5.4 8.8 3913 2674 Schroders 3150 -102 3.9 14.3 420⅝ 289 Home Depot $ 315⅞ -1¼ 2.4 2.0
567¼ 329½ HSBC 517⅝* +7⅞ 3.7 11.0 236⅞ 174⅜ Honeywell $ 193⅜ +1 2.0 2.0
Healthcare +0.02% Results Roundup
56 ⅝ Lloyds Bk Gp 49½ … 4.0 6.6 39⅝ 26⅛ HP $ 38¼ +½ 2.6 5.5
258⅛ 182⅞ NatWest Group 224¼* +3⅞ 4.7 -36.2 356⅜ 271⅜ Mediclinic Int ● 343¾ -1¼ — 37.4 Company Turnover(£) Pre - tax(£) EPS(p) DIV(p) Pay Day XD 152⅞ 114½ IBM $ 129 +⅝ 5.1 0.8
302⅛ 205⅝ Santander 262 +⅝ 2.6 15.7 1601½ 1151½ Smith & Nep 1229 +1½ 2.3 27.1 68½ 43⅝ Intel $ 51 +2¾ 2.9 3.3
Big Technologies Fin 37.6m (29.6m) 13.7m (12.7m) 4.50 (4.10) 0.000 (0.000) – –
590 406¼ Standard Ch 502⅝* -9⅜ 1.8 10.8 65¼ 40½ Intl Paper $ 45¼ +⅝ 4.1 1.6
Household goods +0.27% Bridgepoint Group Fin 270.6m (191.8m) 62.6m (48.5m) 16.00 (1159.00) n/a (n/a) – –
173 127¼ JP Morgan Ch $ 140 +¼ 2.9 3.8 Bold FTSE100 Stocks ● FTSE250 Stocks
Beverages +0.02% CVS Group Int 273.7m (245.6m) 22.9m (14.8m) 24.70 (16.00) n/a (n/a) – – * Ex-dividend † Ex-scrip ‡ Ex-all
2267 1534½ Burberry 1656 +6 3.3 17.8 179⅞ 155¾ Johnson&John $ 174¼ … 2.4 1.9 § Ex-rights # Suspended
Energean $ Fin 497.0m (28.0m) -90.7m (-113.6m) -0.54 (-0.52) n/a (n/a) – – Cover relates to the previous year’s dividend.
4110 2968½ Diageo 3747½* +1½ 2.0 32.9 97¾ 38⅜ McBride 42⅞ -¼ — 5.7 39⅜ 32½ Keurig Dr Pep $ 37 +⅛ 2.0 2.0
EnQuest $ Fin 1.3bn (863.9m) 352.4m (-566.0m) 21.70 (-29.00) n/a (n/a) – – Yields are net of basic rate tax.
279½ 177¾ PZ Cussons ● 192⅝* -1¾ 3.2 -48.5 125⅛ 84⅜ Manpower $ 93¾ +1⅛ 2.7 2.8 Data is provided for information purposes only and is
Chemicals -0.62% GCP Asset Backed Income Fund Fin – (–) 15.0m (27.4m) 3.40 (6.21) 1.575 (1.575) Mar 04 Feb 03 not intended for trading purposes. Speak with a
financial advisor before using any data to make
6816 5367 Reckitt Benck 5635 +16 3.1 33.9 25¾ 9¾ Marathon Oil $ 25⅞ +¼ 0.9 5.5
International Public Partnership Fin – (–) 129.2m (60.8m) 7.78 (3.76) 3.770 (3.680) Jun 07 Apr 07 transactions.
10505 6310 Croda Intl 7384 — 1.4 32.1 271⅛ 217⅝ McDonalds $ 239½ +3½ 2.3 1.8
Information technology -1.22% Kin + Carta Int 89.3m (55.8m) -3.1m (-8.1m) 11.92 (0.62) 0.000 (0.000) – –
3363 1650 Johnson Mat ● 1854½ -32½ 3.9 17.4 91⅜ 15⅜ Merck $ 80⅛ +⅜ 3.4 1.8
Ocean Wilsons Holdings $ Fin 396.4m (352.8m) 110.4m (74.6m) 180.10 (109.50) 70.000 (70.000) tba tba
2720 1731 Victrex ● 1896 -35 3.1 22.5 738 271 Aptitude Sftwre 303 -3 1.8 33.7 349⅝ 231⅛ Microsoft $ 300¾ +1¼ 0.8 3.8
Playtech € Fin 1.2bn (1.1bn) 605.0m (-52.7m) 226.30 (-99.60) 0.000 (0.000) – –
4242 2264 Aveva Group 2494 -47 1.5 — 61¾ 35¼ Pfizer $ 52⅝ +⅜ 3.0 2.5
The Daily Telegraph Friday 25 March 2022 ** 7
Business
Market data Unit trusts & open-ended investment companies prices www.telegraph.co.uk/funds
Mid Change Mid Change Mid Change Mid Change Mid Change Mid Change
World market indices Name Init chge Sell Buy on day Name
B Shares
Init chge Sell Buy on day Name Init chge Sell Buy on day Name Init chge Sell Buy on day Name Init chge Sell Buy on day Name Init chge Sell Buy on day
JPM Multi-Man Gwth A Acc 3.00 *1344 -4 Jupiter Merlin Bal Prtfo L Inc – 145.71 -1.0973
Index Change
Ç Australia All Ordinaries 7669.00 +4.00 +0.05pc *1194 *65.2
Global Income 0% 198.16 … JPM Multi-Man Gwth A Inc 3.00 -4 Jupiter Merlin Consv Prtfo L Acc– -0.1738
Ç Brazil Bovespa 119052.91 +1595.57 +1.36pc
È China Shanghai Composite 3250.26 -20.77 -0.63pc Corporate Bond 0% 111.19 +0.17 JPM Natural Res A Acc 3.00 *960.8 +18.8 Jupiter Merlin Consv Prtfo L Inc – *51.15 -0.1364
È France CAC General 6555.77 -25.66 -0.39pc AXA Investment Managers UK Janus Henderson Investors
-0.16 *61.56 +1.21 *532.6 -6.5936
È Germany DAX 14273.79 -9.86 -0.07pc Limited Equity Inc 0% 109.9 PO Box 9023 Chelmsford, CM99 2WB J.P. Morgan Asset Management JPM Natural Res A Inc 3.00 Jupiter Merlin Grth Prtfo L Acc –
Commodities summary FinTech R Acc – 854.5 -6.60 Continental European 0% 204.56 -1.15 China Opps A Acc 5.00 1340 -14 JPM Emg Euro Eq A Inc‡ 3.00 *29.91 … JPM UK Equity Gwth A Acc 3.00 *161 -0.5 Jupiter Monthly Alt Inc L Inc – *31.28 +0.0458
Price Change Global Tech – 228.9 -3.90 Global Dynamic Bd 0% 90.18 +0.04 Emerg Mkts Opps A Acc 5.00 211.3 -2.1 JPM Emg Markets A Acc 3.00 *260.6 -2.2 JPM UK Equity Gwth A Inc 3.00 *135.1 -0.4 Jupiter Multi Asst Inc L Acc – *105.48 +0.0099
Ç Gold per troy oz $1957.17 +13.37 +0.69pc
Global Thematics R GBP Acc – 2177 -37.00 Global High Yield Bd 0% 84.87 +0.04 European Growth A Acc† 5.25 272.2 -1.6 JPM Emg Markets A Inc 3.00 *110.2 -1 JPM UK Equity Value A Acc 3.00 *203 -0.1 Jupiter Multi Asst Inc L Inc – *55.97 +0.0053
Ç Silver per troy oz £19.35 +0.36 +1.89pc
Ç Krugerrand £1505.92 +36.04 +2.45pc
Health Acc – 2791 -36.00 Global Opportunities 0% 274.08 -2.56 European Sel Opps A Acc 5.00 2059 -12 JPM Emg Mkts Inc A Acc 3.00 *94.8 -0.3 JPM UK Equity Value A Inc 3.00 *105 -0.1 Jupiter Multi Asst I & G L Inc – 100.29 -0.2382
Ç New Sovereign £344.36 +3.00 +0.88pc
Ç Maples £1501.70 +31.82 +2.17pc Japan R GBP Acc – 623.4 +7.20 International Bd 0% 106.54 -0.02 Fixed Int Mthly Inc A Inc 4.25 *20.78 +0.03 JPM Emg Mkts Inc A Inc 3.00 *65.72 -0.2 JPM UK Eq Inc A Acc – *59.66 -0.01 Jupiter N.American Inc L Acc – *201.46 -3.1022
Ç Platinum per oz £774.80 +1.26 +0.16pc
Managed Balanced Acc – 483.6 -3.10 Multi-Asset Bal 0% 159.26 -0.87 Global Care Growth A Inc 4.50 485.5 -7 JPM Eur Dyn (ex-UK) £ Hg A Acc3.00 *274.4 -1.4 JPM UK Eq Inc A Inc – *48.21 -0.01 Jupiter N.American Inc L Inc – *155.33 -2.3918
Ç Palladium per oz £1917.85 +10.12 +0.53pc
È Copper† grade A £7820.08 -70.47 -0.89pc Managed Income Acc – 188.1 +0.10 Mult-Asset Div Return 0% 138.45 +0.23 Global Equity Inc A Inc† 5.25 *63.68 -0.37 JPM Euro Dyn (ex-UK) A Acc 3.00 *268.9 -0.8 JPM UK Sm Cos A Acc 3.00 656.5 +0.6 Jupiter Responsible Inc L Acc – 128.55 -0.7053
È Tin† high grade £32016.08 -151.65 -0.47pc
È Lead† £1746.06 -53.07 -2.95pc Managed Income Inc – 102.7 +0.10 Mult-Asset Growth 0% 235.13 -0.43 Global Growth Acc 4.25 4469 -63 JPM Euro Dyn (ex-UK) A Inc 3.00 *116.9 -0.4 JPM UK Sm Cos A Inc 3.00 122.1 +0.1 Jupiter Responsible Inc L Inc – 71.82 -0.3940
È Zinc† special high grade £3042.32 -106.33 -3.38pc
Monthly Inc Inc – 248.9 +0.60 Oriental 0% 188.5 -1.33 Global Strategic Cap Acc† 5.00 315.7 -0.9 JPM Europe A Acc 3.00 *1744 -5 JPM Uncons Bond A Acc 3.00 *75.67 +0.05 Jupiter Strategic Bond L Acc – *104.15 +0.1422
È Aluminium† high grade £2707.83 -81.30 -2.92pc
Ç Nickel† £28242.57 +3734.54 +15.24pc Monthly Inc Acc – 725.5 +1.80 Real Return A 0% 109.94 … Global Technology A Acc 5.00 3110 -48 JPM Europe A Inc 3.00 *90.95 -0.27 JPM Uncons Bond A Inc 3.00 *54.06 +0.04 Jupiter Strategic Bond L Inc – *61.41 +0.0839
È Baltic Dry Index* 2567.00 -8.00 -0.31pc
Ç Wheat per tonne £310.40 +5.30 +1.74pc UK Growth Acc – 353.6 -1.00 UK Equity Fund 0% 145.65 -0.56 Inst UK IDX Opp Tr – *111.1774 -0.2075 JPM Euro Smaller Co A Acc 3.00 932.1 -7.2 JPM US Eq Inc £ Hdg A Inc 3.00 *155.4 -1.6 Jupiter UK Growth L Inc – 249.08 -1.5215
È Brent Crude May settlement $119.03 -2.57 -2.11pc
UK Select Opps R Inc – 2064 -6.00 UK Income 0% 135.33 -0.28 Multi-Mgr Abs Ret A Acc 5.00 161.1 +0.5 JPM Euro Smaller Co A Inc 3.00 119.3 -0.9 JPM US Eq Inc A Acc 3.00 *270.6 -2.7 Jupiter UK Smaller Cos Eq L Acc – *409.04 +0.7979
*Copyright Baltic Exchange Information Services Ltd. †Data provided by the London Metal Exchange.
UK Select Opps R Acc – 3919 -12.00 UK Opportunities 0% 165.46 -1.26 JPM US Eq Inc A Inc 3.00 *200.4 -2 Jupiter UK Special Sits L Inc – 196.8 -0.5037
Exchange rates *306.9
UK Smllr Cos Acc – 359.4 +1.90 US Opportunities 0% 325.46 -3.62 JPM US Select A Acc 3.00 -3.8 Jupiter US Sm&Md Inst I Acc – 80.99 …
£ > € Rate 1.1978 Change -0.32¢ £ > $ Rate 1.3184 Change -0.28¢
AXA IM Funds www.axa-im.co.uk Emerging Income 0% 103.3 … JPM US Select A Inc 3.00 *299.7 -3.7 Jupiter US Sm&Md Cap Ret Acc – 74.46 …
Tourist £1= Sterling £1= 1 Euro = 1 Dollar =
Australia Aus $ 1.6714 1.7568 1.4668 1.3325 Global Dynamic Bd Inc 0% 0.9681 … JPM US Sm Cap Gwth Fd A Acc 3.00 957 -18.8 Marks & Spencer Unit Trust
Canada Can $ 1.5779 1.6524 1.3797 1.2533
Management Ltd
Denmark Krone 8.5014 8.9110 7.4399 6.7589 Global Emerging Mkts 0% 205.13 -1.49 JPM US Sm Cap Gwth Fd A Inc 3.00 250.6 -5
Kings Meadow, Chester, CH99 9UT
Euro € 1.1463 1.1978 … 0.9085
Global Equity Fund 0% 270.49 -2.49 0870 333 1835
Hong Kong HK $ 9.7866 10.3142 8.6114 7.8232
India Rupee 88.7100 100.6878 84.0657 76.3713 Multi Asset Inc 0% 124.12 … High Income Inc – *98.84 98.84 …
Israel Shekels 3.8292 4.2565 3.5539 3.2285
Blue Whale Capital *265.2
Japan Yen 152.6600 160.9239 134.3576 122.0600 Carvetian Capital High Income Acc – 265.2 …
Kuwait Dinar … 0.4010 0.3348 0.3041 0345 307 3439 Management Limited
www.bluewhale.co.uk UK Select Port Inc – 332.5 332.5 …
New Zealand NZ $ 1.7659 1.8941 1.5814 1.4367 Admin: Stuart House, St John’s St,
Norway Krone 10.8800 11.4099 9.5262 8.6544 Blue Whale Growth R Acc – 180.58 -3.79 Peterborough PE1 5DD Jupiter Unit Trust Managers Ltd UK Selection Port – 665.8 665.8 …
Pakistan Rupee 225.4300 239.4545 199.9238 181.6250 Dealing & Enquiries: 0345 850 0255 The Zig Zag Building, 70 Victoria Street, London,
Saudi Arabia Riyal 4.6218 4.9455 4.1291 3.7511 UK 100 Co’s Fund Inc – *219.2 219.2 …
SW1E 6SQ
Singapore $ 1.6691 1.7896 1.4942 1.3575 020 3817 1000
Generation Fd 5.00 914.7 … UK 100 Co’s Fund Acc – *432.7 432.7 …
South Africa Rand 18.3200 19.1729 16.0077 14.5425
Sweden Krona 11.8900 12.3905 10.3451 9.3982 Sand Aire FENIX Bal Inc 5.00 *190.4 … Jupiter Abslt Rtn L Acc – 38.16 -0.0013 W’wide Man Inc – 574.2 …
Switzerland Franc 1.1730 1.2273 1.0247 0.9310
Thailand Baht 39.6300 44.3213 37.0045 33.6175 Consistent Unit Trust Jupiter Asian Fd L Inc – 962.05 -0.4294 W’wide Man Acc – 968.6 …
UAE Dirham 4.5416 4.8426 4.0431 3.6730 Management Co Ltd
BNY Mellon Fund Managers Jupiter Asian Inc L Acc – 182.54 +0.6375
UK £ … … 0.8349 0.7585 Admin: Stuart House, St John’s St,
Investors: 0800 614330 Brokers: 08085 660000
USA $ 1.2585 1.3184 1.1007 … Peterborough PE1 5DD Jupiter Asian Inc L Inc – 146.15 +0.5101
www.bnymellonim.co.uk,
Tourist rates for indication use only. www.travelex.co.uk Dealing & Client Services 0345 850 8818
clientservices@bnymellon.com
Jupiter China L Acc – 99.88 -0.7058
Business
Apple mulls Phone hacking
monthly iPhone costs News UK
subscription another £49m
By James Titcomb By Ben Woods
APPLE is considering launching a THE phone hacking scandal has cost
monthly subscription for the iPhone Rupert Murdoch’s newspaper empire
and other gadgets, in a move that could another £49m despite the News of the
encourage users to pay regularly for World closing more than a decade ago.
access to the latest devices. News UK’s News Group Newspapers
The company is working on the ser- set aside £14.5m for damages and claim-
vice, which would mean consumers ants’ expenses in the year to June 27, as
paying for devices over time instead of well as almost £34m in legal expenses
up front, ahead of a potential launch linked to allegations of historical phone
later this year, Bloomberg reported. hacking at the defunct Sunday tabloid.
Apple has seen iPhone owners hold Pre-tax losses for the division that
on to their phones for longer, leading to includes the Sun and its Sunday coun-
uncertainty about when they will be terpart narrowed from £201m to £51m.
encouraged to upgrade. Times Newspapers, which includes
Launching a subscription service for The Times and Sunday Times, took an
hardware could mean consumers £8.3m hit from overhauling their news-
paying more over time and upgrading rooms after some editorial teams were
their phones more regularly, boosting combined to form a single, seven-day-a-
the company’s revenues. week operation.
The service could also be combined The financial information covers a
with Apple’s existing subscriptions period before Nadine Dorries, the Cul-
for music streaming, TV, iCloud, news ture Secretary, decided last month to
and fitness, which it has expanded in abolish undertakings requiring the
SEMEN VASILEYEV/ANADOLU AGENCY VIA GETTY IMAGES