Tories could be in danger of losing more than a dozen ‘blue wall’ seats – poll
The Conservatives could be in danger of losing more than a dozen seats in their so-called “blue wall” heartlands, a new poll suggests.
YouGov found that voting intention in 53 such constituencies in the south and east of England currently held by the party stood at 44% for the Conservatives, 24% for Labour, 18% for the Liberal Democrats and 9% for the Greens.
“The Conservatives could be set to lose up to 16 seats in their ‘blue wall’ heartlands if an election was held tomorrow,” research manager Patrick English said.
He said the voting intention figures represent “a change of minus eight for the Conservatives from their 2019 performance in these constituencies, plus four for Labour, a surprising six-point drop for the Liberal Democrats, and a sizable seven-point gain for the Greens”.
Mr English added: “The Conservatives are falling almost twice as fast in the blue wall as they are nationally, with the latest YouGov poll showing them five points down on their 2019 general election showing.”
Those surveyed for the research expressed concerns about the government’s handling of Brexit and the need for people to have their say on local housing developments.
All of the seats voted Remain in the 2016 EU referendum and have a higher-than-average concentration of university degree holders.
Boris Johnson currently has a Commons majority of more than 80, with the Tories taking a number of traditional Labour “red wall” constituencies in 2019 on the way to the party’s best election result in decades.
That success means the party would have to lose a number of seats elsewhere, in addition to any “blue wall” reverses, in order to see its status as the largest party in parliament evaporate.
Some have suggested the prime minister has been preoccupied with shoring up Tory support in the former Labour heartlands it now holds, at the expense of traditional Conservative constituencies.
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Others say such talk is wide of the mark, but the result of the recent Chesham and Amersham by-election offers potential evidence there could be something in such claims of cracks in the “blue wall”.
YouGov said its findings suggest that particular result was “no isolated incident”.
The Conservatives won the seat at the last general election in 2019 with a majority of more than 16,000.
But this was overturned by the Liberal Democrats, who won the constituency by 8,028 votes in what was a stunning result.
“If the swings were uniform across all constituencies, Labour would be set to gain a total of nine blue wall seats and the Liberal Democrats three,” Mr English said.
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Liberal Democrats take by election seat
“While it would not be anywhere near enough to offset the party’s losses in the so-called red wall in 2019, Labour punching holes in traditional Tory foundations will send alarm bells ringing across Conservative Associations and MPs in the south.”
YouGov said its findings suggest that constituencies such as Chingford and Woodford Green (represented by former cabinet minister and party leader Iain Duncan Smith), Chipping Barnet (currently held by former cabinet minister Theresa Villiers) and Wycombe (represented by prominent Brexiteer and former minister Steve Baker) could change hands.
“A large drop in the Conservative vote share would also severely threaten four other Tory constituencies, including current Foreign Secretary Dominic Raab in Esher and Walton as well as Cambridgeshire South, Cities of London and Westminster, and Guildford,” Mr English said.
YouGov polled 1,141 adults between 20 and 28 July.
Taiwanese lawmaker Ko Ju-Chun has called on the government to consider adding Bitcoin to its national reserves, suggesting it could serve as a hedge against global economic uncertainty.
Ko, a legislator at-large in Taiwan’s legislative body, the Legislative Yuan, took to X on Friday to report that he had advocated Bitcoin (BTC) investment by the Taiwanese government at the National Conference on May 9.
In his remarks, Ko cited Bitcoin’s potential to become a hedge amid global economic risks and urged Taiwan to recognize the cryptocurrency alongside gold and foreign exchange reserves to boost its financial resilience.
Ko’s announcement came shortly after the legislator held talks with Samson Mow, who advocates for Bitcoin adoption by states like El Salvador at his BTC tech firm Jan3.
Taiwan is an export-oriented economy
Ko highlighted that Taiwan is an export-driven economy that has experienced significant fluctuations in its national currency, the New Taiwan dollar, amid global inflation and intensifying geopolitical risks.
“We currently have a gold reserve of 423 metric tons, and our foreign exchange reserves amount to $577 billion, including investments in US Treasury bonds,” the lawmaker stated.
In a scenario of more intense currency volatility or potential regional conflicts, Taiwan may “very likely be unable to ensure the security and liquidity,” Ko continued, adding that Bitcoin could be a great addition to Taiwan’s reserves for several reasons.
“Bitcoin has been operating for over 15 years. It has a fixed total supply, is decentralized, and is resistant to censorship. Many countries are focusing on its hedging attributes. At the same time, in intense situations, it may not face the risk of embargo,” he said.
Bitcoin is not the only solution
Referring to many global initiatives considering Bitcoin adoption as a reserve asset, Ko stressed that he’s not advocating for Bitcoin as the “only solution” to rising economic challenges.
Instead, the legislator suggested adding a “small proportion of Bitcoin” into the diversified assets as tools for sovereign asset allocation and risk hedging, and backup capacity of Taiwan’s financial system.
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He previously suggested that Taiwan could allocate a maximum of 5% of its $50 billion reserve to Bitcoin in an X post on May 6.
“When exchange rate risk and regional uncertainty increase, it is time to introduce new tools to construct a more flexible financial strategy framework,” Ko said, adding:
“As former Dean Chen Chong said, Bitcoin is the gun of the digital era. It may also be the gold of the digital era, the silver of the digital era. Or it could be gunpowder. A wise nation will not let weapons be in others’ hands.”
The news comes as Taiwan is emerging as a crypto-friendly jurisdiction, with the Financial Supervisory Commission pushing institutional trials of crypto custody services in late 2024.
Mainland China continues to maintain its hostile stance on cryptocurrency after imposing a ban on multiple crypto activities, including mining, in 2021.
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German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack.
The seizure, announced on May 9 by Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office, involved multiple crypto assets, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Dash (DASH). The move marks the third-largest crypto confiscation in the BKA’s history.
The authorities also seized eXch’s German server infrastructure with over eight terabytes of data and shut down the platform, the announcement added.
eXch exchanged crypto without AML
In the statement, the BKA described eXch as a “swapping” service that allowed users to exchange various crypto assets without implementing Anti-Money Laundering (AML) measures.
The platform had operated since 2014 and reportedly facilitated about $1.9 billion in crypto transfers, some of which were believed to be of “criminal origin,” including assets laundered during the Bybit hack.
“Among other things, a portion of the $1.5 billion stolen from the Bybit crypto exchange, which was hacked on Feb. 21, 2025, is said to have been exchanged via eXch,” the authorities wrote.
Multisig, FixedFloat among laundering cases
According to a post by crypto sleuth ZachXBT, eXch was also involved in laundering millions of funds from other crypto thefts and exploits, including Multisig, FixedFloat and the $243 million Genesis creditor theft.
Those were in addition to “countless phishing drainer services over the past few years with refusal to block addresses and freeze orders,” ZachXBT said.
ZachXBT was among the first security analysts to report on eXch’s links to laundering $35 million of crypto assets stolen from Bybit soon after the hack was confirmed.
Related: Hacken CEO sees ‘no shift’ in crypto security as April hacks hit $357M
“Lazarus Group transferred 5K ETH from the Bybit Hack to a new address and began laundering funds via eXch (a centralized mixer) and bridging funds to Bitcoin via Chainflip,” ZachXBT wrote in a Telegram post on Feb. 22.
eXch announced termination of services by May 1
After initially denying involvement in laundering funds from the Bybit hack, eXch eventually announced it would cease operations by May 1 in a Bitcoin Talk post published in mid-April.
“Even though we have been able to operate despite some failed attempts to shut down our infrastructure […], we don’t see any point in operating in a hostile environment where we are the target of SIGINT [Signals Intelligence] simply because some people misinterpret our goals,” it wrote.
Addressing the seizure, senior public prosecutor Benjamin Krause stressed the importance of action against “quick and anonymous opportunities for money laundering for any amount.”
“Crypto swapping is an essential component of the underground economy, used to conceal incriminated funds from illegal activities such as hacking or trading in stolen payment card data, thus making them available to perpetrators,” he said.
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