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And another one bites the dust. Suella Braverman – one of the most divisive politicians of the age – has been sacked as home secretary.

It marks the fourth dramatic exit from Rishi Sunak’s cabinet in just over a year – after the departures of Dominic Raab, Nadhim Zahawi and Gavin Williamson.

It’s not exactly a good look for a prime minister who promised to bring accountability, integrity and professionalism to Downing Street.

Follow live: Sunak sacks Braverman as reshuffle begins

But Ms Braverman’s fiery rhetoric on things such as immigration, policing and homelessness was starting to rile even those within her own party.

After an inflammatory article in The Times in which she accused the Met Police of bias towards left-wing protesters, and made an offensive comparison to marches in Northern Ireland, the writing was on the wall.

Tory MPs called her an “embarrassment” and “ignorant”, and accused her of being on a mission to deliberately get herself sacked in order to launch a leadership pitch.

More called for her to go on Saturday, with Scottish First minister Humza Yousaf suggesting the far-right had been emboldened by her comments, as a group of counter-protesters using slogans like ‘England til I die’ clashed with police on Armistice Day, while a pro-Palestinian demo that Ms Braverman had called to be banned went off largely peacefully.

Deliberate or not, her position in one of the most senior cabinet roles was no longer considered tenable by Number 10, who had not fully signed off the Times piece.

And so she was sacked as home secretary – and not for the first time – marking the end of a short yet turbulent career on the Conservative frontbenches… at least for now.

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Braverman criticises Pro-Palestine protests

Born to parents from Kenya and Mauritius and fluent in French, Ms Braverman’s political brand might seem unusual for someone of her background: she has risen through the ranks championing a hard Brexit, anti-immigration, “anti-woke” agenda.

But for someone who is currently making daily headlines, she was relatively unknown until a year ago.

The 43-year-old was first elected as the MP for Fareham in 2015 and spent three years on the backbenches before a brief stint as a junior minister in the Brexit department – a post from which she resigned over the “unacceptable terms” of Theresa May’s Withdrawal Agreement.

The move won her favour with Boris Johnson, who upon being elected as prime minister made her attorney general – the chief legal advisor to the crown.

It was a fitting role for Ms Braverman, who studied Law at Cambridge University and the University of Paris before qualifying as an attorney in New York State.

During her time in the post, she faced criticism from the legal profession for backing the Internal Market Bill, which sought to override parts of the EU’s legal divorce deal and was described by critics as breaking international law.

But it was only when she was made home secretary that she really become a household name, as she repeatedly became the centre of so-called “culture wars” rows.

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Braverman’s long list of scandals

The job was marked with controversy from the beginning.

Just weeks into the post in September 2022, she declared it was her “dream and obsession” to deport refugees to Rwanda – triggering a backlash from those opposed to the controversial policy (or what Ms Braverman and her allies might like to call the “liberal elite”).

Indeed, Ms Braverman caused a stir just some weeks later as she defended the government’s controversial Public Order Bill with a bizarre attack on “the Guardian-reading, tofu-eating wokerati”, whom she blamed for protest disruption.

And her claim that the country faced an “invasion of our southern coast” in reference to Channel crossings also drew condemnation.

But the first big scandal came when just 43 days into the role, she was forced to resign – effectively sacked – because she had breached government security rules by sending an official document from her personal email to a backbench MP.

Ms Braverman said it was a mistake, but her resignation letter took aim at then prime minister Liz Truss, accusing her of breaking “key pledges that were promised to our voters”.

Read more:
Braverman’s long list of controversies

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Labour: PM ‘too weak’ to sack Braverman

She would ultimately return to the top job just a week later under Mr Sunak, after the rapid collapse of the Truss administration.

The appointment was seen as a gamble, given Ms Braverman had originally backed Ms Truss over Mr Sunak in the leadership contest to replace Mr Johnson – after being knocked out early in the race herself.

Labour leader Sir Keir Starmer accused Mr Sunak of making a “grubby deal” at the expense of national security in order to ensure her support and keep her backers on the right of the party happy.

The PM denied the accusation, but regardless of whether that was the case, to what degree she has actually offered such support has been questionable.

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Was Suella Braverman’s migrant speech a leadership pitch?

Is Braverman running a leadership campaign?

While she is closely tied to the prime minister’s “stop the boats” pledge, Ms Braverman has undoubtedly proved to be a thorn in his side.

Her integrity has been called into question on many occasions, including when she was alleged to have asked her civil servants to arrange a private awareness course after she was caught speeding, and when she claimed grooming gang members are “almost all British Pakistani” – remarks seen as amplifying a far-right narrative and factually inaccurate.

Mr Sunak has been forced to distance himself from her language on several occasions, most recently declining to back her comments saying multiculturalism has “failed”, likening immigration to a “hurricane” and describing rough sleeping as a “lifestyle choice”.

So divisive have her words been that some of her colleagues have accused her of undermining the PM by running a leadership campaign, pointing to speeches at right-wing events such as the National Conservatism conference in May.

Home Secretary Suella Braverman speaking during the National Conservatism Conference

But until now, Mr Sunak has appeared unwilling to rein in his home secretary – possibly out of fear of a rebellion on the Conservative right if he takes action against her.

Ms Braverman is now free to lead that if she so wishes.

Having questioned the integrity of the operationally independent Met Police, Mr Sunak seems to have judged she has finally gone too far.

Doubling down on her description of pro-Palestinian protesters as “hate marches”, she wrote in The Times: “Right-wing and nationalist protesters who engage in aggression are rightly met with a stern response, yet pro-Palestinian mobs displaying almost identical behaviour are largely ignored even when clearly breaking the law.”

Read More:
Analysis: Braverman has displayed breathtaking ignorance on Northern Ireland
Comedian raises thousands for homelessness charity after Braverman’s comments

She also said: “I do not believe that these marches are merely a cry for help for Gaza.

“They are an assertion of primacy by certain groups – particularly Islamists – of the kind we are more used to seeing in Northern Ireland.”

It was enough to make even Priti Patel – Ms Braverman’s right-wing predecessor – make a not so thinly-veiled retort at the COVID inquiry about the operational independence of the police “and that we as politicians were not there to dictate directly to the police as to when to arrest people”.

Other MPs accused her of fanning the flames of hate, while Labour turned the heat on the prime minister himself and his judgement in keeping her in post.

Now she is out of government. And some people think that was her plan all along, so she can focus her efforts on being the Tory right’s next leadership candidate.

We may not know if that is true, but what is clear is that this isn’t the first time she has landed herself in hot water and, in or out of cabinet, it’s unlikely to be the last.

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Plan to tackle rough sleeping unveiled – but charities say it doesn’t go far enough

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Plan to tackle rough sleeping unveiled - but charities say it doesn't go far enough

Homelessness charities have warned that ministers are “falling short of what is desperately needed to end Britain’s homelessness crisis”.

It comes as the government published its new plan to tackle rough sleeping in Britain, which pledges £3.5bn of funding to crackdown on the issue.

But charities have said Labour’s National Plan to End Homelessness “falls short” and contains “important gaps”, meaning the party will not be able to achieve their stated goal of halving the number of homeless people by 2029/30.

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Crisis, an organisation that supports the homeless, also argues that only £100m of the funding announced in the strategy is new.

Meanwhile, Labour MP Paula Barker, who co-chairs the All-Party Parliamentary Group (APPG) for ending homelessness, has told Sky News that the strategy has a “depressing lack of meat on the bone”, looks like it has been “rushed out”, and has left her “disappointed”.

It comes as Shelter warns that 382,618 people in England – including a record 175,025 children – will be homeless this Christmas, equivalent to one in every 153 people.

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Working but homeless: Daniel’s story

What does the government’s plan to reduce rough sleeping involve?

The government has made three key pledges in its new plan, unveiled on Wednesday evening.

It says that it is aiming to halve the number of long-term rough sleepers by the end of the parliament, reduce the time families spend living in bed and breakfasts (B&Bs), and prevent more people from becoming homeless in the first place.

To achieve this, the party has set out numerous new measures, schemes and extra funding.

The main measures in the strategy are:

  • Getting prisons, hospitals and social care services to work together better by passing a “duty to collaborate”;
  • Halving the number of people made homeless on their first night out of prison;
  • Preventing people being discharged from hospital straight to the street;
  • Helping the 2,070 households currently living for more than six weeks in B&Bs;
  • Giving councils an extra £50m – with the demand they create tailored actions plans.

A new £124m supported housing scheme is also being established, and the government hopes that it will help get 2,500 people in England off the streets.

Housing Secretary Steve Reed said homelessness is “one of the most profound challenges we face”, and suggested that the strategy will build “a future where homelessness is rare, brief, and not repeated”.

How has the plan been received?

Ms Barker told Sky News she welcomes “the scale of investment”, but is “disappointed by what I have seen”.

The Labour MP explained: “From what I have seen so far, it leaves more questions than it answers – where are the clear measures around prevention? Where is the accommodation for people sleeping rough coming from – has it already been built? What about specialised provision for those fleeing domestic abuse?

“We needed this strategy to be bold.”

MP Paula Barker is 'disappointed' by what she has seen
Image:
MP Paula Barker is ‘disappointed’ by what she has seen

Meanwhile, organisations working to support those on the streets have welcomed the plan for its focus on the issue, but warn it leaves it “almost impossible” for many families to avoid homelessness.

Matt Downie, the chief executive of Crisis, said: “Housing benefit remains frozen until at least 2030; there is no coherent approach for supporting refugees and stopping them becoming homeless; and we hear no assurances that the new homes government has pledged to build will be allocated to households experiencing homelessness at the scale required.

“There is a long way to go. Ministers are taking steps in the right direction, but falling short of what’s desperately needed to end Britain’s homelessness crisis.”

An exhibit organised to highlight the contrast between the Christmas period and an estimated 23,500 young people who will homeless. Pic: PA
Image:
An exhibit organised to highlight the contrast between the Christmas period and an estimated 23,500 young people who will homeless. Pic: PA

Sarah Elliott, head of Shelter, also warned the proposals do not go far enough, saying: “Until a lot more of these social homes are built, one of the only ways to escape homelessness is if you can afford to pay a private rent.

“We know from our frontline services this is almost impossible to do when housing benefit remains frozen, and that is where the homelessness strategy falls short.”

Centrepoint, a charity that supports young people facing homelessness, said that the strategy is “an important step”, and could be “transformative”. But it added that “gaps in the government’s approach remain”, and said increases in funding “don’t face up to the scale of homelessness”.

The Conservatives have said that the strategy means Labour “has completely failed on homelessness”.

Paul Holmes, shadow housing minister, said the number of households and children in temporary accommodation has risen to “record levels”, and pointed to the government’s “abysmal record on house-building” and tackling immigration.

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Australian regulator eases rules for stablecoins and wrapped tokens

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Australian regulator eases rules for stablecoins and wrapped tokens

Australia’s securities regulator has finalized exemptions that will make it easier for businesses to distribute stablecoins and wrapped tokens.

The Australian Securities and Investments Commission (ASIC) on Tuesday announced the new measures, aimed at fostering innovation and growth in the digital assets and payment sectors. 

It stated that it was “granting class relief” for intermediaries engaging in the secondary distribution of certain stablecoins and wrapped tokens.

This means that companies no longer need separate, and often expensive, licenses to act as intermediaries in these markets, and they can now use “omnibus accounts” with proper record-keeping.

The new exemptions extend the earlier stablecoin relief by removing the requirement for intermediaries to hold separate Australian Financial Services (AFS) licenses when providing services related to stablecoins or wrapped tokens.

Leveling the playing field for stablecoin issuers

The regulator stated that these omnibus structures were widely used in the industry, offering efficiencies in speed and transaction costs, and helping some entities manage risk and cybersecurity.

“ASIC’s announcement helps level the playing field for stablecoin innovation in Australia,” said Drew Bradford, CEO of Australian stablecoin issuer Macropod.

“By giving both new and established players a clearer, more flexible framework, particularly around reserve and asset-management requirements, it removes friction and gives the sector confidence to build,” he continued. 

Related: Australia risks ‘missed opportunity’ by shirking tokenization: top regulator

The old licensing requirements were costly and created compliance headaches, particularly for an industry awaiting broader digital asset reforms.

“This kind of measured clarity is essential for scaling real-world use cases, payments, treasury management, cross-border flows, and onchain settlement,” added Bradford.

“It signals that Australia intends to be competitive globally, while still maintaining the regulatory guardrails that institutions and consumers expect.”

Angela Ang, head of policy and strategic partnerships at TRM Labs, also welcomed the development, stating, “Things are looking up for Australia, and we look forward to digital assets regulation crystallizing further in the coming year — bringing greater clarity to the sector and driving growth and innovation.”

Global stablecoin growth surges 

Total stablecoin market capitalization is at a record high of just over $300 billion, according to RWA.xyz. 

It has grown by 48% since the beginning of this year, and Tether remains the dominant issuer with a 63% market share.

Stablecoin markets have surged in 2025, and Tether remains dominant. Source: RWA.xyz 

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