UK
Asian Voice - Saturday 21st May 2011
13
On the departure of Manubhai M Madhvani Keith Vaz MP Maunbhai Madvani was a giant. He was one of the founder members of the Asian communtity in Britain. A hugely successfull buisnessman who loved this country and was also devoted to Africa and India. Above all he was gentle and kind. He will be greatly missed. Shailesh Vara MP "My prayers and thoughts are with the Madhvani family at this difficult time. Manubhai's loss will be felt by many throughout the world. He was an extraordinary man who touched the lives of so many people in a variety of ways. He will be greatly missed." Kapil Dudakia One can write a book on Shri Manubhai and his family, but suffice to say - today we all feel the loss that his family must be feeling at this sad time. The Dudakia family salutes Shri Manubhai. A man of destiny who came to us all, and left a lasting legacy that will inspire countless thousands in years to come. GITA: 'Na jaayate' mriyate' vaa kadaachin naayam bhuthva bhavithaa na bhooyah: ajo nithyah saasvato'yam puraano na hanyate' hanyamaane' sareere'
Lord Dolar Popat Manubhai Madhvani was a determined, generous and hard-working man. His resolve to rebuild his life in Britain and to overcome his brutal imprisonment at the hands of Idi Amin is testament to his character. He loved his work and unwaveringly dismissed the notions of retirement, yet for those of us who knew him it is his generosity, his kindness and his humour that we will remember him most for. Like many of you I am greatly saddened at Manubhai’s passing; he was one in a million. For the generation of Ugandan Asians who were forced to find a new home; Manubhai was an inspiration and a shining light of success; without him today the world feels a little darker. I am personally deeply grateful to Manubhai for introducing the teachings and wisdom of Morari Bapu into my life as well as thousands of others in the UK. It was at his invitation that Morari Bapu first came to the UK in 1992. I am also indebted to Manubhai for his encouragement in enabling me to pursue a career in politics. He will be greatly missed by all of us in the UK as well as East Africa.
Inflation hits 4.5% According to the official figures, inflation has hit 4.5%, increasing the pressure for a UK bank rate rise in 2011. The City consensus had been for the consumer prices index (CPI) to have registered a rise of 4.2% for the year to April. The cost of living was forced higher, in part, by Budget tax increases, such as increased alcohol and tobacco duty but also fastrising household gas prices. Hopes that price pressure might abate later in the year, especially after
Mervyn King, Governor of the Bank of England forecasts a further rise
the surprise drop to 4% in March from 4.4% in February, are now looking less certain.
The Office of National Statistics (ONS) said it was the highest level registered since September
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BAE set to pay £29.5m to Tanzania Britain's biggest defence company, BAE Systems has finally set up an internal panel that will allocate the agreed £29.5m to Tanzania in form of charity rather than paying it out to its government. The money is to be paid in order to settle a bribery and corruption investigation by the Serious Fraud Office (SFO), in which the investigators dropped their prosecution and agreed a £30m settlement with BAE for failure to keep proper accounting records over the sale of a radar to Tanzania. BAE had failed to account properly for $12m (£7.4m) of payments made to a former marketing adviser. At the same time, BAE also admitted to "defrauding the US" over the sale of fighter planes to Saudi Arabia and Eastern Europe.
Families were £500 worse off than the previous year According to the latest study by Institute of Fiscal Studies, households have suffered the most significant drop in their income in 2010 since 1981. It also stated that an average family is likely to witness another three percent drop in income in 2011 than the last year. It has linked this reduction in income to the stagnant wage and a higher inflation.
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