Connect with us

Published

on

David Cameron walking up Downing Street to be appointed foreign secretary was the twist no one expected – the character from the end of season one brought back for the finale.

The news eclipsed the departure of Suella Braverman – who pushed the limits of collective responsibility and was blamed by her own colleagues for inflaming protests over the weekend.

So, what does the surprise return of our former prime minister, seven years out of office, tell us about this government?

Follow live for updates and analysis on reshuffle

You can see the argument that Rishi Sunak is bringing back a “big beast” to bolster his administration as it heads towards a difficult election. David Cameron has long experience in government, pulled off a surprise election victory in 2015 and has clout on the world stage at a time of global instability.

But this also looks like a shift in political direction – a swerve away from right-wing populism associated with the former home secretary and towards a traditional centre-right Toryism.

It has certainly cheered the party’s One Nation MPs, the often-sidelined remaining Cameroons who felt out in the cold during the Boris Johnson years. Damian Green, a leading member of this group, called his appointment a move to the “centre-right”.

More on Conservatives

Other MPs in what could be called “blue wall” seats – those facing a challenge from the Liberal Democrats, and broadly not enamoured with Brexit or the Rwanda policy – also welcomed the appointment. Another former minister told me “the grown-ups are back in charge, Cameron is a class act”.

They added that what the home secretary was doing last week in taking on the Met police was “pure populism”. His appointment is likely to reflect concern about shoring up these blue wall seats.

Analysis:
Cameron’s Greensill connection risks haunting ex-PM’s return to government

Former Prime Minister and newly appointed Foreign Secretary David Cameron walks outside 10 Downing Street
Image:
David Cameron walks outside 10 Downing Street

But for that reason, it’s a move likely to infuriate the right of his party and its supporters. It could also raise questions about some of Sunak’s own instincts, given the prime minister has promised to “stop the boats”, has socially conservative views on gender, crime and migration, and still hopes to make his Rwanda scheme a reality.

One of Sunak’s supporters described it as a sign of “professionalism” after an all-too-obvious tug of war within the cabinet. Sunak is now not thought to be at risk of a leadership challenge, with an election on the horizon, and can choose the cabinet he wants after a period of having to placate parts of the party who backed him in the leadership contest.

Suella Braverman leaves her home
Image:
Suella Braverman leaves her home this morning

Read more:
It won’t be last we hear of Suella Braverman
Leaked messages reveal the war of words amongst Tory MPs over Braverman
Live poll tracker – how are the parties performing?

But the unelected Cameron comes with baggage. Most obviously, there is Brexit – having campaigned for Remain, he brought about our EU exit with all the messy consequences that dogged his successors. Those tensions have eased within the Conservative Party but have by no means disappeared.

Increasing suspicion of him on the right of the party will be his record on China, and the “golden age” he championed – now seen by many in government as a mistake, as China is regarded as presenting a major geo-political challenge for the UK.

Politics Hub with Sophy Ridge

Politics Hub with Sophy Ridge

Sky News Monday to Thursday at 7pm.
Watch live on Sky channel 501, Freeview 233, Virgin 602, the Sky News website and app or YouTube.

Tap here for more

Theresa Villiers, a Brexiteer who served in David Cameron’s cabinet and is a member of the Intelligence and Security Committee, which recently published a highly critical report on the government’s China policy, told me MPs would have questions for him, saying: “I welcome David Cameron’s return. He is hugely talented and has much to offer government.

“The political landscape has changed dramatically since he resigned and MPs will want the assurance that his approach on issues such as Brexit and China will reflect where we are now, not where we were during the Cameron era in Downing Street. I’m sure he will be able to give that reassurance.”

This reshuffle is likely to be the last significant one before the general election. Previous prime ministers facing difficult electoral tests have brought back big beasts from the past – Gordon Brown with Lord Mandelson in 2008, before going on to lose the 2010 election 18 months later.

Sunak used his recent party conference speech to portray himself as the candidate of change – after 30 years of what he called 30 years of broken politics. He’s now relying on a key figure from the past to try and secure his survival.

Continue Reading

Politics

Wes Streeting denies Labour has made ‘mistakes’ with ‘unpopular’ policies despite poor local election results

Published

on

By

Wes Streeting denies Labour has made 'mistakes' with 'unpopular' policies despite poor local election results

Health Secretary Wes Streeting has defended “unpopular” policies such as the cut to the winter fuel allowance despite Labour’s poor performance at the local elections.

Mr Streeting denied the government had made any mistakes when asked whether the policy was partly to blame for the party losing 189 council seats less than a year since the General Election.

Since coming into government last July, Labour has enacted a number of policies that were not in its manifesto.

These include means-testing winter fuel payments for pensioners, increasing employers’ national insurance contributions and slashing £5bn from the welfare bill.

Asked what mistakes his government had made so far that had led to its drubbing at the ballot box, Mr Streeting told Sunday Morning with Trevor Phillips: “Well, we will make plenty of mistakes.”

Politics latest: Lucy Powell ‘right’ to apologise for grooming gangs comments

Pressed again on whether he believed “mistakes” had been made, the health secretary replied: “No. When we made those choices, we knew they would be unpopular. And we knew that they would be opposed.

“The reason we made those choices is because we genuinely believe they’re the right choices to get the country out of the massive hole it was left in. And right across the board. Whether it’s the NHS, whether it’s schools, whether it’s prisons, whether it’s our defence and security, whether it’s crime and policing, there were enormous challenges facing this country when we came in.

“And we’ve had to make big and sometimes unpopular decisions so that we can face those challenges and deal with them. People might thank us if we just kind of go for the easy but we want to make the right choices.”

Some Labour MPs have urged the government to change direction, with one telling Sky News the cut to winter fuel was a “catastrophic error” that must be “remedied” if the party is to see any improvement in public opinion.

Others have warned that in courting Reform voters, the party risks fracturing its coalition of voters on the left who may be tempted by the Liberal Democrats and Green Party.

However, in the aftermath of the local elections, Sir Keir Starmer suggested the poor results meant he needed to go “further and faster” in delivering his existing agenda.

Please use Chrome browser for a more accessible video player

Inside Reform’s election success

The real victor to emerge from Thursday’s local elections was Reform UK, which won control of 10 councils and picked up 677 council seats largely at the expense of the Conservatives in the south.

However, Reform also won the Runcorn by-election from Labour by just six votes, as well as control of Doncaster Council from Labour – the only local authority it had control of in this set of elections – in a significant win for Nigel Farage and his party.

The Reform UK leader declared that two-party politics was now “finished” and that his party was now the official “opposition” to Labour.

Asked whether the results meant that Labour would now treat Reform as “your most serious opposition”, Mr Streeting said: ” I certainly do treat them as a serious opposition force.”

“As I say, I don’t know whether it will be Reform or the Conservatives that emerge as the main threat,” he added.

“I don’t have a horse in that race, but like alien versus predator, I don’t really want either one to win.”

Read more:
Reform’s mission to ‘remoralise’ young people
Reform has put the two traditional parties on notice

Please use Chrome browser for a more accessible video player

Reform UK are ‘fighting force’

Tory Party chairman Nigel Huddleston said Reform UK was not just a protest party and that Mr Farage was “a force in British politics”.

He told Trevor Phillips: “But the one thing about Nigel Farage is, and we’re seeing this again and again and again, he is a populist.

“He is increasingly saying everything that anybody wants to hear. He’s trying to be all things to all men.”

“We are establishing ourselves as a credible alternative government based on sound conservative principles and values and our values and our principles, and therefore our policies, will define the future of our party,” he added.

Continue Reading

Politics

It is ‘feasible’ Nigel Farage could be the next prime minister, says Kemi Badenoch

Published

on

By

It is 'feasible' Nigel Farage could be the next prime minister, says Kemi Badenoch

Kemi Badenoch has admitted it is “feasible” that Nigel Farage could become the next prime minister.

The Tory leader told the BBC’s Sunday With Laura Kuenssberg programme Mr Farage’s party was “expressing the feeling of frustration that a lot of people around the country are feeling” – but added it was her job to “come up with answers and solutions”.

Asked if it was feasible that Mr Farage could be the next prime minister, she cited how Australian Prime Minister Anthony Albanese had won re-election this weekend.

“As I said, anything is feasible,” she said. “Anthony Albanese: people were writing him off. He has just won a landslide, but my job is to make sure that he [Farage] does not become prime minister because he does not have the answers to the problems the country is facing.”

Politics latest: Lucy Powell ‘right’ to apologise for grooming gangs comments

Please use Chrome browser for a more accessible video player

Could Nigel Farage be prime minister?

Asked what Mr Farage was doing right, Ms Badenoch said: “He is expressing the feeling of frustration that a lot of people around the country are feeling.

“But he also doesn’t have a record in government like the two main parties do. Now he’s going to be running some councils. We’ll see how that goes.”

Mr Farage was the undoubted winner of Thursday’s local elections, in which 23 councils were up for grabs.

His party picked up 677 council seats and took control of 10 councils.

By contrast, the Conservatives lost 677 council seats as well as control of 18 councils in what was their worst local elections performance on record.

Mr Farage said the outcome spelt the end of two-party politics and that his party was now the official “opposition” to Labour – with the Tories having been rendered a “waste of space”.

Read more:
Reform has put the two traditional parties on notice

‘I get it’: Starmer responds after losing Runcorn by-election

Ms Badenoch said she believed the vote for Mr Farage on Thursday was partly down to “protest” but added: “That doesn’t mean we sit back. We are going to come out fighting.

“We are going to come out with the policies that people want to see, but what we are not going to do is rush out and tell the public things that are not true just so we can win votes.

“This is not about winning elections; this is about fixing our country. Yes, of course, you need to win elections to do that, but you also need a credible plan.”

Please use Chrome browser for a more accessible video player

‘Farage is a force in British politics’

Conservative co-chairman Nigel Huddleston sought to play down the threat from Reform UK, telling Sky News: “When they’re in a position of delivering things, that’s when the shine comes off.”

He told Sunday Morning with Trevor Phillips: “The one thing about Nigel Farage is, and we’re seeing this again and again and again, he is a populist.

“He is increasingly saying everything that anybody wants to hear. He’s trying to be all things to all men.”

“We are establishing ourselves as a credible alternative government based on sound conservative principles and values and our values and our principles, and therefore our policies, will define the future of our party,” he added.

Asked whether the results meant that Labour would now treat Reform as “your most serious opposition”, Health Secretary Wes Streeting told Trevor Phillips: ” I certainly do treat them as a serious opposition force.”

“As I say, I don’t know whether it will be Reform or the Conservatives that emerge as the main threat,” he added.

“I don’t have a horse in that race, but like alien versus predator, I don’t really want either one to win.”

Continue Reading

Politics

Pro-crypto Democrats pull support for stablecoin bill in last minute

Published

on

By

Pro-crypto Democrats pull support for stablecoin bill in last minute

Pro-crypto Democrats pull support for stablecoin bill in last minute

A group of US Senate Democrats known for supporting the crypto industry have said they would oppose a Republican-led stablecoin bill if it moves forward in its current form.

The move threatens to stall legislation that could establish the first US regulatory framework for stablecoins, according to a May 3 report from Politico.

Per the report, nine Senate Democrats said in a joint statement that the bill “still has numerous issues that must be addressed.” They warned they would not support a procedural vote to advance the legislation unless changes are made.

Among the signatories were Senators Ruben Gallego, Mark Warner, Lisa Blunt Rochester and Andy Kim — all of whom had previously backed the bill when it passed through the Senate Banking Committee in March.

The bill, introduced by Senator Bill Hagerty, is formally known as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.

Related: Fed’s Powell reasserts support for stablecoin legislation

Senate prepares to vote on stablecoin bill

The Senate is expected to begin floor consideration of the bill in the coming days, with the first vote potentially taking place next week.

The bill has been championed by the crypto industry as a landmark step toward regulatory clarity. However, the Democrats’ about-face reflects growing unease within the party.

Although revisions were made to the bill after its committee approval to address Democratic concerns, the lawmakers said the changes fell short. They called for stronger safeguards related to Anti-Money Laundering, national security, foreign issuers, and accountability measures for noncompliant actors.

The statement was also signed by Senators Raphael Warnock, Catherine Cortez Masto, Ben Ray Luján, John Hickenlooper and Adam Schiff.

Pro-crypto Democrats pull support for stablecoin bill in last minute
A copy of the statement. Source: Alex Thorn

Senator Kirsten Gillibrand and Senator Angela Alsobrooks were absent from the list, who co-sponsored the bill alongside Hagerty.

Despite their objections, the Democratic senators emphasized their commitment to shaping responsible crypto regulation. They reportedly said they “are eager to continue working with our colleagues to address these issues.”

Related: US banks are ‘free to begin supporting Bitcoin’

Crypto needs a stablecoin bill

On April 27, Caitlin Long, founder and CEO of Custodia Bank, criticized the US Federal Reserve for quietly maintaining a key anti-crypto policy that favors big-bank-issued stablecoins, despite relaxing crypto partnership rules for banks.

Long explained that while the Fed recently rescinded four prior crypto guidelines, a Jan. 27, 2023, statement was left intact in coordination with the Biden administration.

The guidance, according to Long, blocks banks from engaging directly with crypto assets and prohibits them from issuing stablecoins on permissionless blockchains.

However, Long noted that once a federal stablecoin bill becomes law, it could override the Fed’s stance. “Congress should hurry up,” she urged.

Magazine: Financial nihilism in crypto is over — It’s time to dream big again

Continue Reading

Trending