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First Minister Humza Yousaf described the UK is the “poor man of northwest Europe” as he set out his views on industrial policy in an independent Scotland.

In a speech at the University of Glasgow on Monday, he pledged “large scale” investment in competitive industries after independence, but said any economic transition would not take place overnight and he was not promising “rivers of milk and honey”.

Mr Yousaf gave his speech a few hours after Scottish Labour leader Anas Sarwar spoke in Rutherglen about the upcoming general election and urged independence supporters to back his party in 2024.

The first minister said he would strive towards a “deliberative process” in trying to persuade people on the merits of Scottish independence and those who believe otherwise should not be “dismissed”.

The SNP leader referred to a report from the Resolution Foundation looking at income inequality in the UK compared with other countries.

He said that the average household would be £8,300 better off if the UK had the average income inequality of similar countries.

Using the same analysis for Scotland, Mr Yousaf said: “The prize for the typical Scottish household would be even greater, they would be £10,200 better off.

“That then, is the huge prize of independence.”

First Minister Humza Yousaf delivers a speech on the Scottish economy and independence, at the University of Glasgow, during the first in a series of events as he sets out his party's case ahead of the next general election. Picture date: Monday January 8, 2024.
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Mr Yousaf setting out his case for Scottish independence

Mr Yousaf said the UK’s living standards are “abnormally low” and the country is the “poor man of northwest Europe”.

He added: “Far too many people in Scotland [and] right across the UK are losing hope.

“They look at Westminster and they see no one that is offering them a different choice.

“Just more of the same decline, but perhaps managed more competently than the current Tory government.”

First Minister Humza Yousaf delivers a speech on the Scottish economy and independence, at the University of Glasgow
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Mr Yousaf described the UK as the ‘poor man of northwest Europe’

Taking questions, he said the economic changes in an independent Scotland would not happen overnight.

He said: “I’m not selling independence as being an overnight change, that somehow the day after we become independent there will be rivers of milk and honey and the manna will fall from the sky.

“There will be challenges, of course, there will be difficulties. It will be a transitional process.”

In contrast, he said the UK’s economic problems are “hardwired, it’s systemic”.

He also said “Keir Starmer is going to be the next prime minister of the United Kingdom barring a catastrophe”.

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Earlier in the day, Scottish Labour leader Anas Sarwar said the SNP and Tories will resort to “dirty tricks” to cling to power at Holyrood and Westminster.

Mr Sarwar hailed 2024 as “the year of change” with the general election, which is almost certain to take place before 2025, providing Labour with the “chance to change our country for the better”.

Labour leader Sir Keir Starmer with Scottish Labour leader Anas Sarwar (centre) and the new Labour MP for Rutherglen and Hamilton West Michael Shanks (left) at a rally following Scottish Labour's win in Rutherglen and Hamilton West by-election. Picture date: Friday October 6, 2023.
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Rutherglen and Hamilton West MP Michael Shanks with Scottish Labour leader Anas Sarwar and Labour leader Sir Keir Starmer

His comments came as he made a direct pitch to independence supporters, saying: “We may ultimately disagree on the final destination for Scotland.

“But on this part of the journey, let us unite to change our country and get rid of this Tory government.”

Mr Sarwar promised a Labour government would “reset devolution and take it back to its founding principles”, telling supporters that the “endless, childish squabbles between both two bad governments must come to an end”.

He also stressed the upcoming general election was “just the first step”, saying that there was also a “chance for change in 2026 with a Scottish Parliament election”.

This, he said, gave Labour the chance to form a “competent government” at Holyrood, as he insisted: “Devolution was never meant to be about two governments fighting with each other and ultimately failing Scots.

“Devolution was always meant to be about Scottish solutions to Scottish problems and two governments working together in the national interest to actually deliver for Scotland.”

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Assisted dying opponents believe they have the momentum – as Streeting criticised for ‘overstepping the mark’

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Assisted dying opponents believe they have the momentum - as Streeting criticised for 'overstepping the mark'

Labour MPs who are opposed to legalising assisted dying believe the momentum is swinging behind their side of the campaign, Sky News has learnt.

MPs are currently weighing up whether to back a change in the law that would give terminally ill people with six months to live the choice to end their lives.

At a meeting in parliament on Wednesday, Sky News understands Labour MPs on the opposing side of the argument agreed that those who were undecided on the bill were leaning towards voting against it.

One Labour backbencher involved in the whipping operation for the no camp told Sky News: “The undecideds are breaking to us, we feel.”

The source said that many of those who were undecided were new MPs who had expressed concerns that not enough time had been given to debate the bill.

“They feel they are too new to be asked to do something as substantive as this,” they said.

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Issues that were being brought up as potential blocks to voting for the legislation include that doctors would be able to suggest assisted dying to an ill patient, they said.

The source added: “We were elected to sort the NHS out rather than assisted dying.

“And there is no going back on this – if any doubt, you should vote it out.”

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Labour MP Kim Leadbeater discusses End of Life Bill

The Terminally Ill Adults (End of Life) Bill, put forward by Labour MP Kim Leadbeater, is due to be debated on 29 November, when MPs will be given a “free vote” and allowed to vote with their conscience as opposed to along party lines.

In a recent letter to ministers, Cabinet Secretary Simon Case said the prime minister had decided to “set aside collective responsibility on the merits of this bill” and that the government would “remain neutral” on its passage and the matter of assisted dying.

There has been much debate about the bill since its details were published on Monday evening, including that the medicine that will end a patient’s life will need to be self-administered and that people must be terminally ill and expected to die within six months.

Ms Leadbeater, who has the support of former government minister Lord Falconer and ChildLine founder Dame Esther Rantzen, believes her proposed legislation is the “most robust” in the world and contains safeguards she hopes will “reassure” those who are on the fence.

They include that two independent doctors must confirm a patient is eligible for assisted dying and that a High Court judge must give their approval.

The bill will also include punishments of up to 14 years in prison for those who break the law, including coercing someone into ending their own life or pressuring them to take life-ending medicine.

She has also argued the fact terminally ill patients will have to make the choice themselves and administer the drugs themselves “creates that extra level of safeguards and protections”.

However, several cabinet ministers – including Health Secretary Wes Streeting and Justice Secretary Shabana Mahmood, who would be responsible for the new law – have spoken out against the legislation.

Mr Streeting, who has said he intends to vote against the bill owing to concerns that people might be coerced into taking their own lives, announced a review into the potential costs of assisted dying if it is implemented.

The health secretary warned that a new assisted dying law could come at the expense of other NHS services – and that there could be “trade-offs” elsewhere.

Sky News understands Ms Leadbeater has said she is “disappointed” by Mr Streeting’s comments about the bill.

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Tory MP: ‘Impossible’ for assisted dying bill to be safe

And another Labour MP who is voting for the legislation told Sky News they believed Mr Streeting had “overstepped the mark”.

“I think it’s a bit of a false exercise,” they said.

“It’s definitely going to raise eyebrows – it’s one thing to sound the alarm but he is purposefully helping the other side.”

The MP said that while it did feel “the momentum is moving away from us, a lot of it will come down to the debate and argument in the chamber”.

“Some of the scaremongering tactics might backfire,” they added.

“It’s still all to play for but it’s undoubtedly true the other side seems to be making headway at the moment.”

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A source close to Mr Streeting told Sky News: “Wes has approached this issue in a genuine and considerate way, setting out his own view while respecting others’ views.”

As a private member’s bill that has been put down by a backbencher rather than a government minister, the legislation will not receive as much time for consideration as a government bill – but proponents say it can always be amended and voted down at later stages.

At Prime Minister’s Questions on Wednesday, Tory MP Sir Alec Shelbrooke questioned whether enough time had been set aside to debate the bill and urged Sir Keir Starmer to allow two days, or 16 hours, of “protected time” to “examine and debate” the legislation before the vote.

Sir Keir replied: “I do think there is sufficient time allocated to it but it is an important issue.”

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Bengal man arrested in connection with $235M WazirX crypto heist

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Bengal man arrested in connection with 5M WazirX crypto heist

Delhi Police have made a breakthrough in the $235 million WazirX hack case, arresting a key suspect in West Bengal.

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Institutional investors signal long-term commitment to crypto

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Institutional investors signal long-term commitment to crypto

A recent survey shows institutional investors’ growing confidence in crypto, with many planning increased long-term allocations.

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