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The Democratic Unionist Party (DUP) are “in a position” to restart the executive in Northern Ireland after a near two-year absence – if ministers keep to the “agreed timeline” over a fresh deal on post-Brexit trade, their leader has said.

The power-sharing agreement between the main parties at Stormont collapsed in 2022, with the unionist party refusing to return over its opposition to the government’s deal with the EU – which left a trade border down the Irish Sea and additional checks on goods travelling between Great Britain and Northern Ireland.

Sinn Fein also won the election for the first time, meaning the return of executive would see Northern Ireland’s first nationalist first minister installed – Michelle O’Neill – with the DUP taking the deputy first minister role.

Politics live: Stormont set for historic first minister as post-Brexit deal struck

The DUP and UK government have been at loggerheads over trade arrangements and the impact of the direct border with the EU on the island of Ireland.

But in the early hours of Tuesday morning, it was revealed an agreement had now been reached, paving the way for the assembly to get up and running again.

Leader of the DUP, Sir Jeffrey Donaldson, told reporters on Tuesday afternoon that the deal offered “further legal change that will be of real benefit to businesses in Northern Ireland [and] ensures that Northern Ireland benefits in full from UK free trade deals”.

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He added: “These were key elements in our requirements in our negotiations from the government.”

The president of Sinn Fein, Mary Lou McDonald, told Sky News’ Politics Hub With Sophy Ridge that it was a day of “very great hope” and “some relief”, saying: “Of course there are some final matters to be concluded before the assembly is recalled, but it’s very positive here today in Belfast and right across Ireland.”

Sinn Fein Mary Lou McDonald
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Sinn Fein’s Mary Lou McDonald (left) and the incoming first minister Michelle O’Neill (right). Pic: Sky News

Ms McDonald also pledged that her colleague, Ms O’Neill, held a “deeply sincere commitment to act as a first minister for all”.

She added: “We will look to find the common ground, the high ground… and so I would say to the unionists in particular to take heart from the fact that we now have the chance for change and a platform to advance everybody’s standard of living, everybody’s life experience.”

The full details of the deal have yet to be released, with Sir Jeffrey saying they were set to come tomorrow.

But he did reveal the so-called “green lane” for goods being sent across the Irish Sea would be replaced by the UK internal market system that “reflects the reality that the UK is part of the United Kingdom”.

The DUP leader continued: “Goods flowing within the UK will flow freely – that was our core, key objective, and I believe what we have secured is real change and everybody will be able to see it for themselves.”

EU throws Sunak a bone over NI



Sam Coates

Deputy political editor

@SamCoatesSky

So the government has produced a rabbit out of the hat, just as we teeter on the edge of a deal to restore Stormont.

Suddenly they’ve revealed the fruits of months of secret negotiation with the EU, to change the legal text governing the way trade operates in Northern Ireland.

After some speculation that the UK was prepared to rewrite the rules unilaterally, it’s emerged that the EU not only knew, but were prepared to throw the UK government a bone in order to assist Rishi Sunak getting the Northern Ireland Assembly up and running.

Hard-line unionists will no doubt say it does not deal with the fundamental, quite existential questions raised by the Windsor Framework likely to play out over the next 20 years.

Nevertheless, the EU has been prepared to extend the range of goods it is content to see going into Northern Ireland without checks.

The change means the EU has agreed to expand the “not at risk” category of stuff that can use the goods Green Lane, which doesn’t require checks.

Supporters are claiming this means Northern Ireland can properly take advantage of free trade agreements struck by post-Brexit Britain.

Northern Ireland Secretary Chris Heaton-Harris says that it means a cut to food tariffs to goods like New Zealand lamb and Australian beef. We shall see.

Critically, politically, it has allowed Jeffrey Donaldson to strike a note of vindication against critics who say the “deal” the DUP has agreed to is meaningless.

“This demonstrates that the naysayers are wrong. There will be legal changes,” he trumpeted on social media.

This is further than many expected, and takes us even closer to a restoration of Stormont that feels closer than it has ever been so far.

The deal also has sign off from the EU, with a document being published from a joint committee with the UK showing the bloc was happy for more goods to head to Northern Ireland without being checked.

“We believe this represents a significant change,” said Sir Jeffrey. But he did appear to issue a thinly veiled warning to UK ministers.

“On the basis that the government continues to deliver the strength of the agreed timeline that we reached with them, then we will be in a position to convene a meeting of the assembly and proceed with the restoration of the political institutions,” he said.

Sir Jeffrey also confirmed that along with the civil service, Northern Ireland parties from all sides had already been meeting to discuss the issues at hand, including an ongoing dispute over public sector pay.

Earlier, the UK government’s Northern Ireland Secretary, Chris Heaton-Harris, welcomed the agreement, telling reporters: “I believe that all the conditions are now in place for the Assembly to return, and I look forward very much to the restoration of the institutions at Stormont as soon as possible.”

He also did not reveal specifics of the deal – saying other parties needed to be briefed first – but confirmed a financial package of £3.3bn will be available to the incoming executive.

However, Ms McDonald said: “The north of Ireland has been underfunded for a very, very long time.

“Although the headline figure of £3bn sounds like a lot, the reality is that it is still going to be a huge, huge challenge to fund this place correctly.”

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Meanwhile, in her interview with Sky News, the Sinn Fein president also said “the days of partition are numbered”.

Ms McDonald’s party wants to see Northern Ireland and the Republic of Ireland united as one country – unlike the unionists, who want Northern Ireland to remain part of the UK.

She told Sophy Ridge: “The reality is that so long as Ireland is partitioned, we will face very, very significant economic challenges and disadvantages here in the North and all along the border.”

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

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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.”

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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.

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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

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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.

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

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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

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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.”

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‘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.”

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

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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

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