Connect with us

Published

on

Grant Shapps has defended his appointment as defence secretary – saying the department “needs highly experienced cabinet ministers”.

There was a backlash after Rishi Sunak’s ally was moved into one of the top roles in government amid a war in Europe – despite having no military experience.

Critics claimed the prime minister had chosen appearance over substance.

Politics Hub: First PMQs since recess today

Please use Chrome browser for a more accessible video player

Who is Grant Shapps?

But Mr Shapps, who has also run the energy, business and transport departments, brushed off criticism that he got his role “because it was a job for the boys” – even as he admitted he lacked knowledge about the Army.

Grilled on how many ranks there are in the Army, he told Sky News he did not know the answer “off the top of my head”.

But he insisted: “Look, what the Ministry of Defence needs is the highly experienced cabinet ministers who can run a complex infrastructure-orientated department.

More on Grant Shapps

“I’ve had a lot of experience of running very large budgets and complex departments.”

Mr Shapps added that “only two of the last 15 defence secretaries have had any military background themselves”.

He said: “It’s not usual in democracy where we actually pride ourselves on having civilians run all elements of government, including our military. What I do know is how to run the department.”

Ben Wallace, Mr Shapps’ predecessor and a former Army officer, had played a key role in galvanising international support to arm the Ukrainian military.

He resigned from cabinet last week with a warning that “over the next decade, the world will get more insecure and more unstable”.

In a parting shot to secure his department’s future, Mr Wallace also added: “I know you agree with me that we must not return to the days where defence was viewed as a discretionary spend by government and savings were achieved by hollowing out.”

Read More:
Is Sunak making a mistake with cabinet of allies?
Russia’s Wagner Group to be declared a terrorist organisation by the UK

Please use Chrome browser for a more accessible video player

‘What do you know about defence Grant Shapps?’

Asked if he would be as vocal as Mr Wallace, Mr Shapps suggested he would lobby for higher defence spending but said he’ll “do it in my own way” – adding: “I’ve spoken before about my desire to see a higher defence budget, well before being in this role.”

He said defence spending is already on the rise, with the aim of it going up to 2.5%.

“I fully support that,” Mr Shapps said. “I think it’s very important that we are protected as a nation, but also that we’re doing our part around the world to help the world be better protected.”

Continue Reading

Politics

The BBC’s billion dollar question

Published

on

By

The BBC's billion dollar question

👉Listen to Politics at Sam and Anne’s on your podcast app👈

With US President Donald Trump threatening to sue the BBC, how likely is the broadcaster to pay out? And how have those across the political spectrum been reacting?

And with 15 days until Chancellor Rachel Reeves’s budget, Matthew McGregor – the chief executive of campaign group 38 Degrees and a former digital strategist for both Labour and Barack Obama – takes issue with Sam’s take from yesterday and sends in a voice note.

And Sam and Anne discuss the latest twist in the Your Party saga, and it’s all about money.

Continue Reading

Politics

Brazil classifies stablecoin payments as foreign exchange under new rules

Published

on

By

Brazil classifies stablecoin payments as foreign exchange under new rules

Brazil’s central bank completed rules that bring crypto companies under banking-style oversight, classifying stablecoin transactions and certain self-custody wallet transfers as foreign-exchange operations. 

Under Resolutions 519, 520 and 521, published Monday, the Banco Central do Brasil (BCB) established operational standards and authorization procedures for what it calls Sociedades Prestadoras de Serviços de Ativos Virtuais (SPSAVs), a new category of licensed virtual-asset service providers operating in the country. 

The framework extends existing rules on consumer protection, transparency and Anti-Money Laundering (AML) to crypto brokers, custodians and intermediaries. 

The rules will take effect on Feb. 2, 2026, with mandatory reporting for capital-market and cross-border operations set to begin on May 4, 2026.