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Almost £90,000 worth of champagne was bought for events and at the gift shop in the House of Lords last year.

A total of 1,589 bottles were bought over the course of 2023, at a cost of £88,987.90, according to new data from a Scottish National Party (SNP) Freedom of Information (FOI) request.

It’s a slight rise from 2022, when 1,580 bottles were sold at a cost of £85,462.51.

Tommy Sheppard, the SNP MP for Edinburgh East, was scathing about the figures released by the party on Tuesday, saying “a parliament where unelected Lords glug fizz and collect £342 a day” is “not fit to properly represent the people”.

“The past year has been defined by Westminster’s cost of living crisis that has seen living standards plummet and countless more households pushed into poverty and deprivation – a reality alien to the Lords and their lavish lifestyles” he said.

It shows, Mr Sheppard added, that the house is “archaic and out of touch” and “should be abolished” and Scots be allowed “to pursue an alternative from Westminster”.

The SNP has no representatives in the House of Lords due to its opposition to the unelected second chamber.

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In 2020, the year COVID-19 hit the UK, sales of champagne in the House of Lords amounted to just £8,982, with only 180 bottles sold over the course of the year – part of which was spent in lockdown.

The 2019 figure was 1,441 bottles purchased, at a cost of £69,988.80.

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Mission: Impossible tune interrupts Lords

But a House of Lords spokesperson said the majority of the champagne was sold in the gift shop or at events hosted by external organisations.

The spokesperson said: “All alcohol, including champagne, sold in the House of Lords is sold at a profit.

“Most of the champagne sold by the House of Lords is bought by visitors in the gift shop and consumed away from Parliament by members of the public, or sold at banqueting events to organisations or individuals hosting the event in the House of Lords.

“It is not paid for by the taxpayer.”

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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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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
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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.