SNP leadership race: John Swinney new party leader and is now set to become Scottish first minister
John Swinney has won the SNP leadership contest and is set to be named as Scotland’s new first minister, replacing Humza Yousaf.
Mr Swinney could become Scotland’s seventh first minister as early as Tuesday.
The SNP leadership nominations closed at 12pm on Monday, with the party confirming Mr Swinney was the sole nominee.
He is expected to give a speech later in the day.
Posting on X, he said: “I am deeply honoured to have been elected as leader of the SNP. I will give all that I have to serve my party and my country.”
The former deputy first minister, who served under close ally Nicola Sturgeon, emerged as a frontrunner following Mr Yousaf’s resignation last week.
Former finance secretary Kate Forbes had been tipped to join him, but later announced she would not stand and instead threw her support behind Mr Swinney.
Mr Swinney has said he would want Ms Forbes to “play a significant part” in his government if elected as first minister.
John Swinney. Pic: PA
Potential challenger Graeme McCormick also withdrew his bid at the 11th hour.
The veteran SNP activist claimed he had secured the 100 nominations from 20 branches needed to enter the contest but backed out of the campaign on Sunday evening after a “lengthy and fruitful conversation” with Mr Swinney.
The SNP has appeared keen to avoid an explosive leadership contest similar to the one that followed Ms Sturgeon’s resignation.
Last year’s race, involving Mr Yousaf, Ms Forbes and now Alba Party MSP Ash Regan, featured rows over religious beliefs, arguments about the recollection of past events, and widespread criticism of secrecy surrounding the vote.
It also led to the resignation of Ms Sturgeon’s husband Peter Murrell as SNP chief executive.
Scottish Tory leader Douglas Ross congratulated Mr Swinney on becoming SNP leader for a second time, but urged him to abandon his “relentless push for independence”.
Mr Ross added: “It’s difficult to see how he can be the fresh start Scotland needs when he’s the ultimate continuity candidate.”
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Patrick Harvie, Scottish Greens co-leader, said Scotland “needs a period of stable government”.
He added: “Mr Swinney knows that if he is to have our support then it must be on the basis of progressive policies that help us to tackle the climate crisis and build a fairer and more equal future.”
Mr Harvie said his party remains “utterly committed” to the policies delivered as a result of the Bute House Agreement and will “oppose any move away from them or steps to dilute them”.
He added: “We are committed to delivering on our vision of a fairer, greener and more equal Scotland, and are open to talks with John Swinney and his team about how we can work together to make that happen.”
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John Swinney speaking to Sky News
Read more:
Who is John Swinney?
What happens next?
Mr Swinney is now clear to take over as SNP leader, but will need to seek parliamentary approval to succeed Mr Yousaf as first minister.
The timing is decided by the parliamentary bureau, and could take place as early as Tuesday.
The parliament will have 28 days to nominate a replacement for Mr Yousaf once his resignation has been accepted by the King.
As the SNP is comfortably the largest party in Holyrood, the onus is on them to find a new leader who can work with other parties in a minority government.
The SNP’s tally of 63 MSPs leaves them just short of a majority in the 129-member parliament, meaning politicians from other parties would need to be persuaded to either vote for Mr Swinney, or at least abstain in the ballot, for the party to be successful.
The leaders from other political parties can also put themselves forward and MSPs can nominate a candidate, although it must be seconded by another member.
If that happens, any candidate that secures more than half of all votes will win the nomination.
If no one reaches that threshold, the candidate with the fewest votes will be eliminated – with the process repeated until the candidates are whittled down to two.
At that point, a candidate will only require a simple majority to win.
Whoever wins the vote is then formally appointed by the King.
An official swearing-in ceremony at the Court of Session in Edinburgh would then take place.
However, if no new first minister can be selected within the 28 days, the Scottish parliament would be forced to hold an extraordinary general election.
Sir Keir Starmer has said his government stands ready to use industrial policy to “shelter British business from the storm” after Donald Trump’s new 10% tariff kicked in.
The UK was among a number of countries hit with the lowest import duty rate following the president’s announcement on 2 April – which he called ‘Liberation Day’, while other nations, such as Vietnam, Cambodia and China face much higher US levies.
But a global trade war will hurt the UK’s open economy.
The prime minister said “these new times demand a new mentality”, after the 10% tax on British imports into America came into force on Saturday. A 25% US levy on all foreign car imports was introduced on Thursday.
It comes as Jaguar Land Rover announced it would “pause” shipments to the US for a month, as firms grapple with the new taxes.
On Saturday, the car manufacturer said it was working to “address the new trading terms” and was looking to “develop our mid to longer-term plans”.
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Jobs fears as Jaguar halts shipments
Referring to the tariffs, Sir Keir said “the immediate priority is to keep calm and fight for the best deal”.
Writing in The Sunday Telegraph, he said that in the coming days “we will turbocharge plans that will improve our domestic competitiveness”, adding: “We stand ready to use industrial policy to help shelter British business from the storm.”
It is believed a number of announcements could be made soon as ministers look to encourage growth.
NI contribution rate for employers goes up
From Sunday, the rate of employer NICs (national insurance contributions) increased from 13.8% to 15%.
At the same time, firms will also pay more because the government lowered the salary threshold at which companies start paying NICs from £9,100 to £5,000.
Also, the FTSE 100 of leading UK companies had its worst day of trading since the start of the pandemic on Friday, with banks among some of the firms to suffer the sharpest losses.
Sir Keir said: “This week, the government will do everything necessary to protect Britain’s national interest. Because when global economic sands are shifting, our laser focus on delivering for Britain will not. And these new times demand a new mentality.”
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Trump defiant despite markets
UK spared highest tariff rates
Some of the highest rates have been applied to “worst offender” countries including some in Southeast Asia. Imports from Cambodia will be subject to a 49% tariff, while those from Vietnam will face a 46% rate. Chinese goods will be hit with a 34% tariff.
Imports from France will have a 20% tariff, the rate which has been set for European Union nations. These will come into effect on 9 April.
Read more:
Red wall on Wall Street – but Trump undeterred
How will UK respond to Trump’s tariffs?
Sir Keir has been speaking to foreign leaders on the phone over the weekend, including French President Emmanuel Macron, Italian Prime Minister Giorgia Meloni and Australian Prime Minister Anthony Albanese, to discuss the tariff changes.
A Downing Street spokesperson said of the conversation between Sir Keir and Mr Macron: “They agreed that a trade war was in nobody’s interests but nothing should be off the table and that it was important to keep business updated on developments.
“The prime minister and president also shared their concerns about the global economic and security impact, particularly in Southeast Asia.”
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Trump’s warning
Mr Trump has warned Americans the tariffs “won’t be easy”, but urged them to “hang tough”.
In a post on his Truth Social platform, he said: “We are bringing back jobs and businesses like never before.
“Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast!
“THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN. HANG TOUGH, it won’t be easy, but the end result will be historic.”
Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7.
“One would have to imagine that President Donald Trump’s phone has been ringing off the hook. The practical reality is that there is insufficient time for him to make deals before the tariffs are scheduled to take effect,” Ackman, founder of Pershing Square Capital Management, said in an April 5 X post.
Trump may postpone tariffs to make more deals, says Ackman
“I would, therefore, not be surprised to wake up Monday with an announcement from the President that he was postponing the implementation of the tariffs to give him time to make deals,” Ackman added.
On April 2, Trump signed an executive order establishing a 10% baseline tariff on all imports from all countries, which took effect on April 5. Harsher reciprocal tariffs on trading partners with which the US has the largest trade deficits are scheduled to kick in on April 9.
Ackman — who famously said “crypto is here to stay” after the FTX collapse in November 2022 — said Trump captured the attention of the world and US trading partners, backing the tariffs as necessary after what he called an “unfair tariff regime” that hurt US workers and economy “over many decades.”
Following Trump’s announcement on April 2, the US stock market shed more value during the April 4 trading session than the entire crypto market is currently worth. The fact that crypto held up better than the US stock market caught the attention of both crypto industry supporters and skeptics.
Source: Cameron Winklevoss
Prominent crypto voices such as BitMEX co-founder Arthur Hayes and Gemini co-founder Cameron Winklevoss also recently showed their support for Trump’s tariffs.
Related: Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec
Ackman said a pause would be a logical move by Trump — not just to allow time for closing potential deals but also to give companies of all sizes “time to prepare for changes.” He added:
“The risk of not doing so is that the massive increase in uncertainty drives the economy into a recession, potentially a severe one.”
Ackman said April 7 will be “one of the more interesting days” in US economic history.
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