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Let’s get the actual economic policy out of the way first. It shouldn’t take long.

There were three main bits of news from the Chancellor’s speech today.

The first is that the national living wage is likely to be raised above £11 an hour. This is, to be frank, not exactly a government decision.

Latest: Reaction to ‘deeply embarrassing’ HS2 decision

The level will be recommended by the Low Pay Commission in the coming weeks and, on the basis of wage growth recently, they’re likely to suggest an hourly rate of around £11.10 or a bit above.

All the chancellor is saying today is that he’ll approve their recommendation – which is precisely what everyone was expecting.

The second bit of news is that the chancellor wants to introduce further sanctions on those who are on benefits and show little inclination to look for work. Again, such sanctions already exist, but the chancellor wants to “look at the way the sanctions regime works”.

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The third new measure is a freeze on civil service hiring, akin to the one George Osborne brought in during the austerity years when he was chancellor.

This wasn’t pre-flagged but generated the most applause of the entire speech.

By now you probably get the idea. Once upon a time, Tory Party conference was an important moment for this country’s economic policy.

It was the forum where previous chancellors – most notably George Osborne – announced new measures that would change the direction of UK PLC.

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Our deputy political editior and economics editor pick apart the significance of the chancellor’s conference speech

Those days seem to be long over: in policy terms, day one of Conservative Party conference was, to borrow American jargon, a “nothingburger”.

Of course, the real story of this conference was what was happening offstage: the Liz Truss rally and the disclosure, leaked to Sky News shortly before the chancellor’s speech, that the prime minister has indeed cancelled the Birmingham to Manchester leg of HS2.

That brings us to the wider issue here.

The slogan for the conference is “Long Term Decisions for a Brighter Future”. The government’s problem is that the more it decides to reverse long-standing government policy, whether on HS2 or on net zero, the more capricious it looks.

For most businesses trying to decide whether to invest in this country, tax rates and subsidies are only a small part of the decision-making matrix. Far more important is a sense of stability – that government will stick to its long-term decisions.

Yet that’s precisely the opposite of the impression given by the Conservative Party here in Manchester.

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Starmer denies ministers involved in China spy trial collapse

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Starmer denies ministers involved in China spy trial collapse

Sir Keir Starmer has denied any ministers were involved in the collapse of the trial of alleged Chinese spies.

Christopher Cash, 30, a former parliamentary researcher, and teacher Christopher Berry, 33, were accused of spying for China, but weeks before their trial was due to begin, it was dropped.

Berry, of Witney, Oxfordshire, and Cash, of Whitechapel, east London denied the allegations.

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Sir Keir, his ministers and national security adviser Jonathan Powell have faced accusations they were involved in the trial being dropped.

The prime minister has maintained that because the last Conservative government had not designated China as a threat to national security, his government could not provide evidence to that effect, which the director of public prosecutions Stephen Parkinson said was required to meet the threshold for prosecution.

Mr Parkinson had blamed ministers for failing to provide the crucial evidence needed to proceed.

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During a trade visit to India, the prime minister was asked whether any minister, or Mr Powell, were involved in the decision not to provide the Crown Prosecution Service (CPS) with evidence that, at the time of the alleged offences, China represented a threat to national security.

He replied: “I can be absolutely clear no ministers were involved in any of the decisions since this government’s been in in relation to the evidence that’s put before the court on this issue.”

He did not mention Mr Powell specifically.

Read more:
Blame game over trial collapse. Who’s right? Who’s wrong?

Christopher Cash (left) and Christopher Berry had the charges against them dropped in September. Pics: Reuters
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Christopher Cash (left) and Christopher Berry had the charges against them dropped in September. Pics: Reuters

Earlier this week, Mr Parkinson took the unusual step of sending MPs a letter to say the government had refused to label Beijing an enemy, which led to the case being dropped.

Sir Keir reiterated his line that the case could only rely on evidence from the period the pair were accused of spying, from 2021 to 2023, when the Conservatives were in government.

He said: “The evidence in this case was drawn up at the time and reflected the position as it was at the time,” the PM said in India.

“And that has remained the situation from start to finish.

“That is inevitably the case because in the United Kingdom, you can only try people on the basis of the situation as it was at the time.

“You can’t try people on the basis of the situation, as it now is or might be in the future, and therefore, the only evidence that a court would ever admit on this would be evidence of what the situation was at the time.

“It’s not a party political point. It’s a matter of law.”

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Is China an enemy to the UK?

Sir Keir’s assertion has been called into question by former top civil servants and legal experts.

Mark Elliott, professor of public law at the University of Cambridge, told Sky News there is no legal requirement for a country to be declared an enemy for someone to be tried for breaching the Official Secrets Act.

He said the current government was “cherry picking” what the previous government had said about China to claim they did not regard them as a threat to national security.

However, there are several examples of the Tory government saying China was a national security threat during the time Berry and Cash were accused of spying.

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Less than half of Scots trust Scottish government to do right by country, report finds

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Less than half of Scots trust Scottish government to do right by country, report finds

A new report has warned of a “clear decline in trust” in the Scottish government since devolution, with less than half of respondents saying it acts in the country’s best interests.

The Scottish Social Attitudes survey, published by the Scottish Centre for Social Research (ScotCen) on Thursday, found 47% of Scots trust the Scottish government to do what is right for Scotland.

The figure has decreased from 61% in 2019 and is down from 81% when devolution began in 1999.

The survey, 25 Years Of Devolution In Scotland: Public Attitudes And Reaction, also found 38% of respondents believe the government is good at listening to the public before making decisions, the lowest result since 2006.

The statistics on trust in the Scottish government are from research in 2023, with other data coming from 2024.

Satisfaction with the NHS has fallen to 22%, which ScotCen says is comparable with the rest of the UK.

This follows a 2023 finding in which 69% of people surveyed said they felt the standard of the health service had declined.

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ScotCen said this represents the lowest level of satisfaction and the highest perception of a decline in standards since the time series began in 1999.

In 2024, around two in five adults in Scotland (41%) said they were living comfortably or doing alright financially, while around one in four (24%) reported they were really struggling.

Most of those north of the border continued to identify as Scottish, though the 74% saying in 2024 that it was at least one of their identities was a reduction from 84% who said so in 1999.

Despite trust in the Scottish government having reduced, support for independence is at 47%, up from 27% in 1999.

Read more:
Why next year’s Scottish elections could get messy

Paul Bradshaw, director of ScotCen, said: “These latest results show a clear decline in trust in the Scottish government, alongside continued concern about public services and the economy.

“While Scots remain strongly attached to their Scottish identity, our data suggest that confidence in political institutions is under pressure, a finding that will be important for policymakers and the public alike.”

In an extract from the report’s conclusion, co-authors Sophie Birtwistle and Sir John Curtice wrote: “So far as public opinion is concerned, devolution has not turned out in the way that either its advocates or its critics anticipated when the Scottish parliament first met on 1 July 1999.

“On the one hand, it has not resulted in any long-term marked decline in Scots’ willingness to acknowledge a British identity or in any marked divergence of attitudes and values between Scotland and England.

“On the other hand, far from persuading Scots of the merits of being part of the UK, the decision to put the independence question to voters in 2014 occasioned a marked long-term increase in support for leaving the UK.

“Yet, at the same time, although support for independence may now be higher, it is still a long way from looking like a ‘settled will’ in the way that, by 1999, the idea of Scotland having its own parliament appeared to be.”

Deputy First Minister Kate Forbes said the “fresh start of independence” would help to “raise living standards, grow the economy, and shape a fairer, more prosperous future”.

She added: “The data suggests that trust in the Scottish government is on a level with governments elsewhere, but we are determined to do more.

“Much of this data was collected up to two years ago.

“Since then, the Scottish government has made considerable progress to deliver on the people of Scotland’s priorities – including abolishing peak rail fares, confirming plans to deliver winter heating support for pensioners and taking action to improve our NHS, including investing record funding of £21.7bn for health and social care this year.”

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Shapeshift revives privacy focus with Zcash shielded support

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Shapeshift revives privacy focus with Zcash shielded support

Shapeshift revives privacy focus with Zcash shielded support

ShapeShift has reintroduced support for Zcash’s shielded transactions, marking its return to privacy-focused cryptocurrency after transitioning into a DEX aggregator.

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