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The business secretary has said she “felt there was a need for new leadership” at the Post Office as it was announced its chairman is being forced out of the role.

Henry Staunton has stepped down amid ongoing tensions with the government in the wake of the Horizon IT scandal.

An interim will be appointed “shortly”, the Department for Business and Trade said.

Henry Staunton
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Henry Staunton

Business Secretary Kemi Badenoch said: “The Post Office is rightfully under a heightened level of scrutiny at this time.

“With that in mind, I felt there was a need for new leadership, and we have parted ways with mutual consent.”

Mr Staunton’s departure follows frustration in Whitehall over the company’s governance, including a row over the prospective appointment of a new senior independent director, Sky News reported on Saturday.

Insiders told Sky News his exit was not directly related to the Horizon scandal itself, but there had been differences of opinion between him and the government as to the best candidate for the job.

Mr Staunton had been tasked with leading the board of directors as the business reels from the fallout of what has been described as the UK’s biggest miscarriage of justice.

More than 700 branch managers were prosecuted by the Post Office between 1999 and 2015 after faulty Horizon accounting software made it look as though money was missing from their shops.

Hundreds of sub-postmasters and sub-postmistresses are still awaiting compensation despite the government announcing those who have had convictions quashed are eligible for £600,000 payouts.

Read more:
Fujitsu boss admitted staff knew of Horizon bugs
Former sub-postmaster ‘overwhelmed’ after conviction overturned

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Former sub-postmaster exonerated

Call for ‘major change’ in senior management

Labour MP Kevan Jones told Sky News the government needed to explain why it had sacked Mr Staunton, adding: “I would also argue that there needs to be major changes in the senior management of the Post Office.

“Remember, on his watch, the senior executives who got bonuses for cooperation with the public inquiry, even though the public inquiry is still trying to get information out of the Post Office. So no, there’s more changes got to happen.”

Mr Jones also said there “should be a serious question mark” over Post Office boss Nick Reed’s position.

Tory peer Lord Arbuthnot, who has sought justice for the sub-postmasters and sub-postmistresses, ruled himself out of the running to replace Mr Staunton.

“There is a need for dramatic cultural and governance change which can be brought in only by someone with experience of doing that sort of thing,” he told The Independent.

Business Secretary Kemi Badenoch will appear on today’s Sunday Morning with Trevor Phillips, which starts at 8.30am.

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Rishi Sunak does not rule out July general election – but insists ‘there’ll be a clear choice’ when it comes

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Rishi Sunak does not rule out July general election - but insists 'there'll be a clear choice' when it comes

Rishi Sunak has failed to rule out holding a general election in July, as speculation remains rife over the timing of the national vote.

The prime minister has repeatedly said his “working assumption” is the election would take place in the second half of this year – with the law stating January 2025 is the latest he could call it.

But while many commentators have predicted an autumn vote, Sky News’ Trevor Phillips put to Mr Sunak that it could mean as early as July.

Analysis: Sunak needs to learn voters aren’t always governed by the logic of the computer

“Well, look, when it comes to a general election, I’ve been very clear about that multiple times,” the prime minister said.

“And again, I’m not going to say anything more than I’ve already said, I’ve been very clear about that.”

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In his interview – which will air in full on Sunday at 8.30am – Trevor Phillips pushed Mr Sunak five times over whether he would rule out a July general election, but the Conservative leader refused to confirm or deny if it could take place then.

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“You’re going to try and draw whatever conclusion you want from what I say,” he said. “I’m going to always try and say the same thing. You should just listen to what I said, [the] same thing I’ve said all year.

“But the point is… there’s a choice when it comes to the general election. And look, over the past week or so… the country can have a very clear sense of what that difference is going to look like.”

Sunday Morning with Trevor Phillips
Sunday Morning with Trevor Phillips

Watch live each week on Sunday at 8:30am on Sky channel 501, Freeview 233, Virgin 602, the Sky News website and app or YouTube.

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Outlining his recent commitments to overhauling the welfare system, cutting taxes and increasing defence spending, as well as finally getting his Rwanda bill through parliament in an effort to tackle small boat crossings, Mr Sunak said: “That is the substance of what this government is about and what it’s going to do in the future.

“And when the election comes, there’ll be a clear choice, because the Labour Party has tried to frustrate our Rwanda bill, because they don’t believe in stopping the boats, their economic plan will put people’s taxes up.

“They haven’t said that they will invest more in our defence and they certainly don’t agree with reforming our welfare system to support people into work.”

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Labour has said it wants to match the hike in defence spending when the financial circumstances allow, and has promised to scrap the Rwanda bill if it gets into power.

This week, its pre-election focus has been on railways, promising to renationalise train operators and “sweep away” the current “broken” model if the party wins the next election.

Watch Rishi Sunak’s full interview on Sunday Morning with Trevor Phillips at 8.30am

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Rishi Sunak needs to learn voters aren’t always governed by the logic of the computer

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Rishi Sunak needs to learn voters aren't always governed by the logic of the computer

I’ve known Rishi Sunak slightly for almost a decade, having first met him after he penned a thoughtful, comprehensive, well-received report on Britain’s minority communities, which I’d say is still the best of its kind.

Sitting down to interview him in a state-of-the-art defence facility this week, I could still see the same energetic, likeable problem solver that I met back then, even if he’s now surrounded by the prime ministerial cavalcade of aides, security and media.

That Peloton and fasting regime are clearly doing their job. He’s keen to show his detailed grasp of the situation, whether that’s welfare reform, defence or migration. It’s easy to see why he shone in Silicon Valley and thrived in the Treasury.

However, in the political world he chose, there’s a downside to being highly intelligent, disciplined, and super-focused on delivery, as they might say in California.

He betrays frustration with what he – not wholly unjustifiably – sees as a media obsession with polls and presentation.

Unfortunately, as Enoch Powell once pointed out, a politician who complains about journalists is like a sailor who doesn’t much fancy being at sea.

He rightly points out that it’s his job to make hard choices – for example, funding the defence budget even if it’s at the expense of schools and hospitals.

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But a political leader should also know that what follows is an even harder job: to cajole the electorate into supporting that choice – and the voters aren’t always governed by the logic of the computer.

So far, the Tory leader has yet to persuade the public to see the virtue of the plan he mentions several times in every public appearance.

👉 Listen above then tap here to follow Electoral Dysfunction wherever you get your podcasts 👈

His party languishes 20 points adrift of Labour, and despite a flurry of policy announcements in recent days, the Tories seem heading for a drubbing in next week’s mayoral and council elections.

He’s lost six by-elections and looks certain to lose another this week.

Undoubtedly some of the problem is the party he leads; most of the by-elections were caused by what used to be called “conduct unbecoming” – financial or sexual shenanigans – by his own MPs.

He isn’t being helped by being a young PM with five living predecessors from his own party. He’s recruited one – David Cameron – to his administration, but there are still three who are never slow in pointing out how they would have done things better.

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Rwanda scheme ‘working’, says Sunak

But even many loyal supporters are beginning to ask if the problem for the Tories is not the followers, but the leader.

There is no doubt that Sunak is a huge contrast to his immediate predecessors. His private life seems uncomplicated and joyous, and despite never having qualified as an accountant, he’s unlikely ever to cause Truss-level panic in the markets.

Read more:
Sunak does not rule out July general election

What impact will bill have on immigration?
Sunak staking premiership on Rwanda flights plan

Sunday Morning with Trevor Phillips
Sunday Morning with Trevor Phillips

Watch live each week on Sunday at 8:30am on Sky channel 501, Freeview 233, Virgin 602, the Sky News website and app or YouTube.

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But political missteps keep coming. Even in our interview, it may have been right to say that the new flow of illegal migrants into Ireland is some kind of proof that the threat of deportation to Rwanda is beginning to bite.

But to position Ireland’s discomfort at our exporting asylum seekers to the Republic is, at the very least, undiplomatic.

Perhaps, as one senior Tory parliamentarian said to me this week, Rishi Sunak should have remained in his former post, and been remembered as the chancellor who saw us through COVID, then steered us to economic stability.

The danger now is that, unless he stages an unlikely turnaround in the Tories’ fortunes, he will go down in history as the prime minister who took his party into a lengthy spell in the wilderness against a Labour opposition that no one would describe as inspiring.

Watch Rishi Sunak’s full interview on Sunday Morning with Trevor Phillips at 8.30am

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Phoenix and Wasabi exit US market amid self-custody wallet crackdown

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Phoenix and Wasabi exit US market amid self-custody wallet crackdown

Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States.

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