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It has been a rollercoaster 12 months for Humza Yousaf as he marks one year as Scotland’s first minister.

Mr Yousaf has celebrated the highs of his promised council tax freeze and weathered the lows of his predecessor Nicola Sturgeon being arrested.

Mr Yousaf was sworn into office on 29 March 2023 after a bruising contest to succeed Ms Sturgeon, who surprised the country with her shock resignation as first minister and SNP leader.

He became Scotland’s youngest ever first minister, and the first from an ethnic minority background to hold the post.

File photo dated 15/10/23 of First Minister and SNP leader Humza Yousaf, who will celebrate his promise to implement a council tax freeze during a visit to Inverclyde on Saturday. The SNP leader will be joined by Inverclyde MP Ronnie Cowan and the area's MSP Stuart McMillan. Inverclyde was the one of the last council areas in Scotland to agree to the council tax freeze, with an agreement being reached earlier this week. Issue date: Saturday March 23, 2024.
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Pic: PA

Now a year on, Mr Yousaf says the role continues to be the “greatest honour” of his life but accepts that “there’s still a lot more to do to deliver for the people of Scotland”.

Mr Yousaf said: “I am honoured every day to lead a government driven by clear values, and I am absolutely committed to continuing to make Scotland a better place to live, work and study for everyone who makes it their home.”

Speaking to Sky News, Mr Yousaf said going forward he will continue to campaign for Scottish independence and will seek a Section 30 Order to hold a second referendum if Sir Keir Starmer is elected prime minister at the next general election.

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He said, “notwithstanding” the challenges his party has faced over the past year, support for independence is “rock solid”.

Mr Yousaf added: “What we’ve got to continue to do as a government is demonstrate progress in how we’re delivering for the priorities of the people.”

The first minister said he would continue to showcase how much progress Holyrood can make under devolution, adding: “Then, of course, we can make the argument and should be making the argument that imagine what we could do with the full powers of a normal independent country.”

First Minister of Scotland, Humza Yousaf, takes part in a dance performance during a visit to the Edinburgh Community Performing Arts re-connect project, at the DN Studios in Edinburgh, which delivers free weekly creative movement and dance classes for older people, particularly those with Dementia, Parkinson's and/or restricted movement, funded through the Communities Mental Health and Wellbeing Fund for Adults. Picture date: Monday March 25, 2024.
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The first minister taking part in a dance performance during a visit to Edinburgh Community Performing Arts re-connect project earlier this month. Pic: PA

The first minister’s highs:
• Highlighting some of his government’s accomplishments, Mr Yousaf said Holyrood would continue to focus on reducing child poverty. He claimed the Scottish government’s policies will keep 100,000 children out of relative poverty and 70,000 out of absolute poverty in 2024-25, according to recently published analysis
• He said the national council tax freeze would protect households amid the cost of living crisis.
• The first minister said a record £19.5bn has been invested into Scotland’s NHS – without losing a single day to pay-related strike action.
• He added that a record number of junior doctors are joining the country’s NHS.
• Mr Yousaf stated that Scotland led every other nation and region last month for private sector employment growth.
• The first minister noted that record numbers of school leavers are going on to a “positive destination”. This includes a record high number of young Scots from deprived areas applying to study at university.
• He stated that Scotland’s GDP per head has grown at a faster rate than the UK average.
• Mr Yousaf also said his government has pledged up to £500m to support the offshore wind industry to help create thousands of green jobs.
• And also worth celebrating, the first minister is expecting a child this July with wife Nadia El-Nakla. The couple already have two children – their daughter Amal is four and Mr Yousaf is stepfather to 14-year-old Maya – and are now set to become the first family to welcome a baby while in Bute House.

Humza Yousaf with his wife Nadia El-Nakla and family at Murrayfield Stadium in Edinburgh, after it was announced that he is the new Scottish National Party leader, and will become the next First Minister of Scotland. Picture date: Monday March 27, 2023.
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Mr Yousaf with his family after winning the SNP leadership contest last year. Pic: PA

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The first minister’s lows:
• It was a hard year for the SNP as former leader Nicola Sturgeon, ex-chief executive Peter Murrell and former treasurer Colin Beattie were each arrested and released without charge amid a police probe into the party’s funding and finances. Police erected a blue forensics tent outside Ms Sturgeon and husband Mr Murrell’s home during a search.

Officers from Police Scotland outside the home of former chief executive of the Scottish National Party (SNP) Peter Murrell, in Uddingston, Glasgow, after he was "released without charge pending further investigation", after he was arrested on Wednesday as part of a probe into the party's finances. Picture date: Thursday April 6, 2023.
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Ms Sturgeon and Mr Murrell’s home was searched as part of the police probe. Pic: PA

• Mr Yousaf’s in-laws became trapped in Gaza following the breakout of the Israel-Hamas war in October. Elizabeth and Maged El-Nakla eventually made it back home to Dundee one month later, with Ms El-Nakla telling Sky News her life had “changed forever”.

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Mr Yousaf’s mother-in-law spoke to Sky News about her time trapped in Gaza

• Scottish Labour trounced the SNP in the battle for former MP Margaret Ferrier’s Rutherglen and Hamilton West seat. Ms Ferrier, who had the SNP whip removed for breaching COVID rules during lockdown, was ousted from Westminster following a successful recall petition. Michael Shanks defeated Katy Loudon by 17,845 votes to 8,399 – a majority of 9,446 and a 20.36% swing from SNP to Scottish Labour.

Scottish Labour leader Anas Sarwar (right) with candidate Michael Shanks after Labour won the Rutherglen and Hamilton West by-election, at South Lanarkshire Council Headquarters in Hamilton. Picture date: Friday October 6, 2023.
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Scottish Labour leader Anas Sarwar (right) with Michael Shanks. Pic: PA

• The Scottish government’s bottle deposit return scheme was delayed until at least October 2025 after Westminster rejected an application for an exemption to the Internal Market Act – effectively blocking glass from the scheme. Circularity Scotland, the company tasked with overseeing the scheme, later folded with £86m in debts. Veteran SNP MSP Fergus Ewing was suspended from the party’s Holyrood group for voting against government minister and Scottish Greens co-leader Lorna Slater in a confidence vote. Ms Slater, who was criticised over her handling of the scheme, survived the vote.
• It was a year of jumping ship with ex-SNP leadership rival Ash Regan MSP leaving for the Alba Party and Dr Lisa Cameron MP defecting to the Tories. Angus MacNeil MP was expelled from the SNP following a row with the party’s chief whip at Westminster. Mr MacNeil refused to rejoin the group at the end of a suspension and was subsequently given the boot. The MP has vowed to stand as an independent candidate at the next general election.
• In December, the Scottish government announced it would take no further legal action against Westminster’s veto of its controversial gender reform bill. It came after Scotland’s highest civil court ruled that the UK government acted lawfully in blocking the bill from receiving royal assent. Westminster is now seeking reimbursement for the legal costs it incurred defending its decision.
• Michael Matheson was forced to quit as health secretary last month amid a probe into an £11,000 iPad data roaming bill. Mr Matheson initially billed the taxpayer after claiming he ran up the eye-watering invoice undertaking constituency work during a family holiday in Morocco. After the story hit the headlines, it then emerged his teenage sons had used the iPad as a hotspot to watch football while abroad. The Falkirk West MSP was found to have breached Holyrood’s code of conduct but has ignored calls to resign. Mr Yousaf has continually defended Mr Matheson, saying that “decent people can make mistakes”.

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Michael Matheson admitting his sons racked up the iPad bill

Read more from Sky News:
Humza Yousaf: His life, political path and controversies
Does the hunger for independence remain in Scotland’s ‘Yes’ towns and cities?

Reflecting on Mr Yousaf’s first year in charge, Scottish Tory leader Douglas Ross said it’s been “nothing short of a disaster”.

Mr Ross said: “It’s a tale of independence obsession, abject failures and broken promises; of a first minister out of his depth and unable to control his feuding, scandal-ridden party.

“Humza Yousaf has ignored the real priorities of Scots – fixing our ailing public services and growing the economy – and instead doubled down on the SNP’s fixation with breaking up the UK, while cosying up to the anti-growth Greens.

“Later this year voters will get the chance to cast their verdict on his and the SNP’s dire reign.”

Scottish Labour leader Anas Sarwar described Mr Yousaf as a “weak leader who is out of his depth”.

Mr Sarwar added: “Not only is it clear to the people of Scotland that Humza Yousaf has no vision for the future – even his own former cabinet colleagues are saying so in public.

“This is a record of shame and failure.

“With Humza Yousaf scrambling for a new election strategy on a weekly basis, it is no surprise that the people of Scotland are now looking for change.”

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Chemical castration for sex offenders under new plans to reduce prison population

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Sex offenders could face chemical castration under plans in sentencing review

Sex offenders could face chemical castration and thousands of offenders will be released after serving a third of their jail term, under plans proposed in a sentencing policy review set to be accepted by ministers.

The independent review, led by the former justice secretary David Gauke, was commissioned by the government amid an overcrowding crisis in prisons in England and Wales.

It has made a series of recommendations with the aim of reducing the prison population by 9,800 people by 2028.

The key proposal, which it is understood the government will implement, is a “progression model” – which would see offenders who behave well in jail only serve a third of their term in custody, before being released.

The measure will apply to people serving standard determinate sentences, which is the most common type of jail term, being served by the majority of offenders.

It will be based on sentence length, rather than offence type. That means sex offenders and domestic abusers serving sentences of under four years, could all be eligible for early release.

The policy will mean inmates serve only a third of their sentence in prison, a third on licence in the community, with the remaining portion under no probation supervision at all.

If the offender committed further offences in the “at risk” – or final – stages of their sentence, once out of prison, they would be sent back to jail to serve the remainder of the original sentence, plus time inside jail for the new offence.

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Is government ‘prepared to be unpopular’ over prisons?

Chemical castration trial could be extended

The government will also further the use of medication to suppress the sexual drive of sex offenders, which is currently being piloted in southwest England.

The review recommended that chemical castration “may assist in management of suitable sex offenders both in prison and in the community”.

Ministers are to announce plans for a nationwide rollout, and will first expand the use of the medication to 20 prisons across England.

The justice secretary is also considering whether to make castration mandatory. It’s currently voluntary.

Mr Gauke, the chair of the independent sentencing review, told Sky News that “drugs that reduce sexual desire” will not be “appropriate for every sexual offender”.

“I’m not going to claim it’s the answer for everything,” the former justice secretary said. “This is about reducing the risk of re-offending in future.

“There are some sex offenders who want to reduce their desires and if we can explore this, I think that is something that’s worthwhile.”

However, Mr Gauke stressed that the government needs to focus on “reducing crime overall”.

TUESDAY MAY 14 File photo dated 29/04/13 of a general view of a Prison. Dangerous criminals including a domestic abuser who posed a risk to children have been freed from jail early as part of a Government bid to cut overcrowding, a watchdog has warned. Issue date: Tuesday May 14, 2024.
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Prisons in England and Wales are facing an overcrowding crisis. File pic: PA

Domestic abuse commissioner criticises plans

Under his recommendations, violent offenders who are serving sentences of four years or more could be released on licence after spending half of their sentence behind bars. This could be extended if they do not comply with prison rules. These prisoners would then be supervised in the community until 80% of their sentence.

In response to the review, the police have warned: “Out of prison should not mean out of control.”

“If we are going to have fewer people in prison, we need to ensure that we collectively have the resources and powers to manage the risk offenders pose outside of prison,” said Chief Constable Sacha Hatchett at the National Police Chiefs Council.

The domestic abuse commissioner for England and Wales, Nicole Jacobs, said adopting the measures would amount to “watering down” the criminal justice system.

“By adopting these measures the government will be sending a clear message to domestic abusers that they can now offend with little consequence,” she said.

In a set of proposals considered to be the biggest overhaul of sentencing power laws since the 1990s, judges could be given more flexibility to punish lower level offenders with bans on football or driving.

The review has also recommended that short sentences should only be used in “exceptional circumstances”, suggesting they are “associated with higher proven reoffending” and “fall short in providing meaningful rehabilitation to offenders”.

The Howard League for Penal Reform has welcomed the proposals as a “good start”.

“This is a vital review that makes the case for change by focusing on the evidence on what will reduce reoffending and prevent more people becoming victims of crime,” said chief executive Andrea Coomber.

David Gauke’s review has called on the government to “invest” in a probation service that is “under significant strain”, as its proposals recommend a larger number of offenders should be punished and supervised in the community.

“Tagging can be a useful way to monitor offenders and identify escalating risks,” it said.

The government is set to invest a further £700m in the probation service and introduce a mass expansion of tagging technology, where tens of thousands of criminals will be monitored at any one time, creating a “prison outside of a prison”, with the help of US tech companies.

‘Overriding concerns’

The Victims Commissioner, Baroness Newlove, has expressed an “overriding concern” about the ability of an “already stretched probation service” to “withstand the additional pressure” of managing a larger number of people outside of prison.

The policy review also makes recommendations around offenders that are recalled to prison after breaching their licence conditions.

Currently, around 15% of those behind bars are there because they have been recalled. Mostly, it’s for breaching of licence conditions, rather than further offences.

The review recommends a “tighter threshold” for recall so that it is “only used to address consistent non-compliance”, with licence conditions – which can include missing a probation appointment.

Read more:
Minister refuses to rule out ‘supermax’ prisons
Victim watchdog questions offenders’ early release

Last week the government announced plans that will see offenders serving one to four-year sentences held for a fixed 28-day period if they are returned to jail.

The review suggests increasing that limit to 56 days, in order to “allow sufficient time for planning around appropriate conditions for safe re-release into community supervision”.

The government is expected to accept the review’s key measures, and implement them with a sentencing bill before parliament.

The plans will likely require legislation and only be before the courts by the spring of 2026.

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Dubai regulator clarifies real-world asset tokenization rules: Lawyer

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Dubai regulator clarifies real-world asset tokenization rules: Lawyer

Dubai regulator clarifies real-world asset tokenization rules: Lawyer

Newly updated guidelines from Dubai’s crypto regulator include provisions on real-world asset (RWA) tokenization and clarify rules for issuers. 

On May 19, Dubai’s Virtual Asset Regulatory Authority (VARA) released its updated Rulebook for virtual asset service providers (VASPs) operating in the region. The regulator gave market participants until June 19 to comply with the new rules. 

The regulator previously told Cointelegraph that it had enhanced supervisory mechanisms and brought consistency across activity-based rules. One of the more prominent changes includes regulatory clarity on RWA tokens. 

Irina Heaver, partner at the United Arab Emirates-based law firm NeosLegal, told Cointelegraph that the updated rules clarify RWA issuance and distribution. 

“Issuing real-world asset tokens and listing them on secondary markets is no longer theoretical,” Heaver told Cointelegraph. “It’s now a regulatory reality in Dubai and the broader UAE.”

A “viable” path to realize RWA hype

Heaver compared RWAs to security token offerings (STOs), an earlier attempt from the crypto space to tokenize securities like stocks, bonds and real estate investment trusts. However, the UAE crypto lawyer said that STOs “died a peaceful death in 2018 to 2019.” 

The lawyer told Cointelegraph STOs did not work out because of the lack of regulatory clarity, viable secondary market trading venues, institutional investor appetite and liquidity. 

Still, the situation is different for RWAs. Heaver told Cointelegraph that RWAs are the next foundational layer for institutional adoption of blockchain and virtual assets. Heaver said that VARA’s new rules already cover them as Asset-Referenced Virtual Assets (ARVA) tokens. She said: 

“VARA’s newly updated Virtual Asset Issuance Rulebook (May 2025) addresses these failures head-on. Regulated exchanges and broker-dealers in Dubai are now authorized to distribute and list ARVA tokens.”

The lawyer said this solves an issue in jurisdictions like Switzerland, where token issuance is possible, but listing and secondary trading remain unregulated. 

Related: Dubai gov’t agencies to link real estate registry with property tokenization

Lawyer shares requirements for RWA issuers

Heaver said ARVA tokens are defined under Dubai law as representing direct or indirect ownership of real-world assets, granting entitlement to receive or share income and purporting to maintain a stable value by reference to real-world assets or income. 

ARVA tokens are also backed or collateralised by such real-world assets or constitute a derivative, wrapped, duplicated, or fractionalised version of another ARVA. 

The lawyer said issuers must meet specific requirements, including a Category 1 Virtual Asset Issuance license, a comprehensive white paper and a risk disclosure statement. 

In addition, issuers must have a paid-up capital of 1.5 million UAE dirhams (about $408,000) or 2% of reserve assets held. The issuers are also subjected to monthly independent audit obligations and must adhere to ongoing supervisory oversight. 

“VARA is providing regulatory clarity, and it’s giving the industry a viable, enforceable path to turn the hype of RWA tokenization into reality,” Heaver told Cointelegraph. “This matters because it marks a shift, from theory to execution, from fiction to framework.”

Magazine: Danger signs for Bitcoin as retail abandons it to institutions: Sky Wee

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Judge temporarily bans UK from completing deal to hand over Chagos Islands

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Judge temporarily bans UK from completing deal to hand over Chagos Islands

The government has been temporarily blocked from concluding the Chagos Islands deal by a late-night High Court injunction.

Ministers had been expected to complete a deal that would have seen the UK hand over sovereignty of the archipelago to Mauritius in the coming hours.

But in an emergency injunction granted early on Thursday, brought against the Foreign Office, Mr Justice Goose allowed “interim relief” to Bertrice Pompe, who had previously taken steps to bring legal action over the deal.

Ms Pompe is a Chagossian woman who sees the deal as a betrayal of their rights.

Politics latest: Prisoners could serve only a third of sentence in jail

The order, granted at 2.25am, states the government may take “no conclusive or legally binding step to conclude its negotiations concerning the possible transfer of the British Indian Ocean Territory, also known as the Chagos Archipelago, to a foreign government or bind itself as to the particular terms of any such transfer”.

A hearing is expected to take place at the High Court at 10.30am on Thursday.

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The location of the Chagos Islands
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The location of the Chagos Islands

The government insisted this morning the Chagos Islands deal is the “right thing” for the UK.

A spokesperson said: “We do not comment on ongoing legal cases. This deal is the right thing to protect the British people and our national security.”

It was expected that Sir Keir Starmer would attend a virtual ceremony today to formally hand over sovereignty of the Chagos Islands to Mauritius, despite heavy criticism from the Conservatives and Reform UK.

The government has argued international legal rulings in favour of Mauritius mean this handover is necessary.

As part of the deal, the UK will lease back a military base on the archipelago for 99 years.

Robert Jenrick, the former justice secretary, told Sky News that the Chagos Islands deal is a “sell-out for British interests”.

He said: “You’re seeing British sovereign territory being given away to an ally of China and billions of pounds of British taxpayers money being spent for the privilege.

“So, if this group can force the government to think twice, then all power to them.”

With this injunction in place, Sir Keir can no longer legally complete the deal.

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Ms Pompe, who filed the application for interim relief, believes the British government is acting with disregard for the human rights of the Chagossian people.

She has argued completion of the deal would amount to a breach of the Human Rights Act and the Equality Act.

Chagossians are the former residents of the Chagos Islands, who were removed from the islands, predominantly to Mauritius, between the mid-1960s and early-1970s.

Those born on the islands and their children hold British nationality, but subsequent generations born outside British territory have no entitlement to it.

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