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Owen Paterson has resigned as MP for North Shropshire after the government performed a U-turn over the controversial blocking of his 30-day Commons suspension for breaching lobbying rules.

Mr Paterson has served as a Conservative MP since 1997, and although departing the Commons from the backbenches, was previously a cabinet minister.

Growing up on his family’s farm in Shropshire, Mr Paterson went on to study history at Cambridge University before joining the National Leathersellers College and joining his family business – British Leather Company.

US Secretary of State Hillary Clinton (R) shakes hands with Britain's Secretary of State for Northern Ireland Owen Paterson (L) at the start of a US-Northern Ireland Economic conference at the State Department in Washington, October 19, 2010. REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS)
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Mr Paterson met then-secretary of state Hilary Clinton when he was Northern Ireland secretary

Before going into politics, the now 65-year-old was president of COTANCE (the Confederation of National Associations of Tanners and Dressers of the European Community).

After an unsuccessful attempt at securing the seat of Wrexham in 1992, he was elected as Conservative MP for North Shropshire five years later with a majority of 2,195.

Mr Paterson increased his majority at every election thereafter, up to 22,949 in the latest 2019 election.

The North Shropshire MP served in the cabinet during the Tory-Lib Dem coalition years – as Northern Ireland secretary from 2010 to 2012, and environment secretary from 2012 to 2014.

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As Northern Ireland secretary, Mr Paterson oversaw the publication and delivery of the Saville Report on the events of Bloody Sunday in January 1972, which led to an apology by then-prime minister David Cameron.

He was also the first cabinet member to publicly oppose the coalition government’s Marriage (Same Sec Couples) Bill, defying both Mr Cameron and ministerial convention.

Secretary of State for Northern Ireland Owen Paterson (L) walks with Britain's Prime Minister David Cameron outside Stormont Castle in Belfast, Northern Ireland, May 20, 2010. REUTERS/Paul Faith/Pool (NORTHERN IRELAND - Tags: POLITICS)
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Owen Paterson with PM David Cameron in 2010 and (below) deputy PM Nick Clegg
(left to right) Secretary of State for Northern Ireland Owen Paterson and Deputy Prime Minister Nick Clegg listen to Labour Party Deputy Leader Harriet Harman speak during Prime Minister's Questions in the House of Commons, London.

In 2014, Mr Paterson was dismissed as environment secretary by Mr Cameron as part of his 2014 reshuffle. He was replaced with Liz Truss, who is now foreign secretary.

In an interview in 2013 about the alleged failure of a badger cull he had been responsible for, Mr Paterson said “the badgers have moved the goalposts”.

Mr Paterson voted and spoke strongly against the fox hunting ban.

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Paterson: ‘I wouldn’t hesitate to do it again’

He has also previously been accused of being a climate change sceptic, having formerly described wind turbines as “ridiculous” and “useless”. He has also supported fracking.

From the backbenches, the North Shropshire MP became a leading supporter of the campaign to leave the European Union and was an outspoken member of the European Research Group (ERG) of Eurosceptic Tory MPs.

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‘Shame’: MPs vote against suspension of ex-minister

In 2015, Mr Paterson and fellow Conservative Brexiteer John Redwood founded the internal pressure group Conservatives for Britain, and formed the backbone of the party’s Leave campaign.

He has also served on many committees during his time as a parliamentarian, including the Welsh Affairs Committee, the European Standing Committee, and the Agriculture Committee.

On 24 June 2020, Mr Paterson’s wife Rose Paterson – who was Aintree’s chairman – took her own life on his birthday.

Publication Party For John Bright: Statesman Orator Agitator at the Great Library the Reform Club Pall Mall St James London Owen Paterson Mp with His Wife Rose
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Mr Paterson, pictured with his late wife Rose

Last month, following a two-year investigation, the parliamentary commissioner for standards found that Mr Paterson had breached the rule prohibiting paid advocacy by making multiple approaches to government departments and ministers for two companies.

Mr Paterson was found to have “repeatedly used his privileged position” to benefit Randox, a clinical diagnostics company, and Lynn’s Country Foods, a meat processor and distributor. The commissioner recommended that he should be suspended from the Commons for a month.

The allegations related to his conduct between October 2016 and February 2020.

Mr Paterson was paid more than £110,000 per year to act as a consultant for the two separate companies.

Former Cabinet minister Owen Paterson in the House of Commons, London, as MPs debated an amendment calling for a review of his case after he received a six-week ban from Parliament over an "egregious" breach of lobbying rules. Picture date: Wednesday November 3, 2021.
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Mr Paterson maintains his innocence after the standards body found he ‘repeatedly’ breached lobbying rules

On Wednesday, Conservative MPs – with the encouragement of Prime Minister Boris Johnson – passed a motion in favour of ignoring Mr Paterson’s month-long Commons suspension.

As part of the backlash, the government was accused of “corruption” in seeking to overhaul parliament’s standards rules in an alleged effort to protect the Tory MP.

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Govt signals sleaze watchdog U-turn

In the face of a huge outcry, the government performed a U-turn in the row on Thursday with the promise of a new vote on Mr Paterson’s suspension.

But, just hours later, the 65-year-old announced his intention to resign from the House of Commons.

Mr Paterson has three children, and in his resignation statement posted on social media, said he had made the decision to stand down from his role after “consultation with my family”.

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Specialist teams and online investigators deployed across England and Wales to tackle ‘national emergency’ of violence against women and girls

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Specialist teams and online investigators deployed across England and Wales to tackle 'national emergency' of violence against women and girls

Specialist investigation teams for rape and sexual offences are to be created across England and Wales as the home secretary declares violence against women and girls a “national emergency”.

Shabana Mahmood said the dedicated units will be in place across every force by 2029 as part of Labour’s violence against women and girls (VAWG) strategy due to be launched later this week.

The use of Domestic Abuse Protection Orders (DAPOs), which had been trialled in several areas, will also be rolled out across England and Wales. They are designed to target abusers by imposing curfews, electronic tags and exclusion zones.

The orders cover all forms of domestic abuse, including economic abuse, coercive and controlling behaviour, stalking and ‘honour’-based abuse. Breaching the terms can carry a prison term of up to five years.

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Govt ‘thinking again’ on abuse strategy

Nearly £2m will also be spent funding a network of officers to target offenders operating within the online space.

Teams will use covert and intelligence techniques to tackle violence against women and girls via apps and websites.

A similar undercover network funded by the Home Office to examine child sexual abuse has arrested over 1,700 perpetrators.

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Abuse is ‘national emergency’

Ms Mahmood said in a statement: “This government has declared violence against women and girls a national emergency.

“For too long, these crimes have been considered a fact of life. That’s not good enough. We will halve it in a decade.

“Today, we announce a range of measures to bear down on abusers, stopping them in their tracks. Rapists, sex offenders and abusers will have nowhere to hide.”

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Angiolini Inquiry: Recommendations are ‘not difficult’

The target to halve violence against women and girls in a decade is a Labour manifesto pledge.

The government said the measures build on existing policy, including facial recognition technology to identify offenders, improving protections for stalking victims, making strangulation a criminal offence and establishing domestic abuse specialists in 999 control rooms.

Read more from Sky News:
Demands for violence and abuse reforms
Women still feel unsafe on streets
Minister ‘clarifies’ violence strategy

Labour has ‘failed women’

But the Conservatives said Labour had “failed women” and “broken its promises” by delaying the publication of the violence against women and girls strategy.

Shadow home secretary Chris Philp said that Labour “shrinks from uncomfortable truths, voting against tougher sentences and presiding over falling sex-offender convictions. At every turn, Labour has failed women”.

Home Secretary Shabana Mahmood will be on Sunday Morning with Trevor Phillips on Sky News this morning from 8.30am.

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The Securities and Exchange Commission publishes crypto custody guide

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The Securities and Exchange Commission publishes crypto custody guide

The United States Securities and Exchange Commission (SEC) published a crypto wallet and custody guide investor bulletin on Friday, outlining best practices and common risks of different forms of crypto storage for the investing public.

The SEC’s bulletin lists the benefits and risks of different methods of crypto custody, including self-custody versus allowing a third-party to hold digital assets on behalf of the investor.

If investors choose third-party custody, they should understand the custodian’s policies, including whether it “rehypothecates” the assets held in custody by lending them out or if the service provider is commingling client assets in a single pool instead of holding the crypto in segregated customer accounts.

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The Bitcoin supply broken down by the type of custodial arrangement. Source: River

Crypto wallet types were also outlined in the SEC guide, which broke down the pros and cons of hot wallets, which are connected to the internet, and offline storage in cold wallets.

Hot wallets carry the risk of hacking and other cybersecurity threats, according to the SEC, while cold wallets carry the risk of permanent loss if the offline storage fails, a storage device is stolen, or the private keys are compromised. 

The SEC’s crypto custody guide highlights the sweeping regulatory change at the agency, which was hostile to digital assets and the crypto industry under former SEC Chairman Gary Gensler’s leadership.