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A pay rise of 6.5% has been accepted by a major teaching union.

Members of the National Education Union (NEU) voted to accept the deal, which was made based on recommendations by the independent School Teachers’ Review Body (STRB).

The NEU had advised its members to accept the deal, which also includes an extra £900m in funding for schools per year.

Earlier this month, NEU members held industrial action – forcing many schools to close entirely or reduce the number of classes held.

“Members have spoken very clearly and in great numbers,” Dr Mary Bousted and Kevin Courtney, joint general secretaries of the NEU, said.

The union said an electronic ballot of its teacher members saw 86% vote to accept the offer and end industrial action, with turnout of 60%.

A ballot of the union’s support staff members in England also saw 85% accept the pay offer, with a turnout of 46%.

More on Strikes

Members of the NEU staged eight days of strike action in state schools in England since February in a dispute over pay.

The NEU is one of the largest education unions in Europe and represents more than 450,000 teachers, lecturers, education support staff and leaders.

Members of the Association of School and College Leaders (ASCL) in England have already voted to accept the pay rise from September.

Meanwhile, the NASUWT teachers’ union and the National Association of Head Teachers (NAHT) are expected to announce their members’ responses to the pay offer on Monday.

The Government has said the 6.5% pay award for teachers will be “fully funded”, with £525m of additional funding for schools in 2023-24 and a further £900m in 2024-25.

A re-ballot of NEU teacher members in England on strike action, which opened in May before the pay offer was made, saw 95% vote to renewing the union’s strike mandate for a further six months, with a turnout of 53%.

But the NEU has said the electronic ballot result on the Government’s 6.5% pay offer for 2023-24 means that further strike action over pay will now not go ahead in the autumn term.

Dr Bousted and Mr Courtney said: “As a democratic union, the NEU leadership promised members that any pay and funding offer given by Government that warranted their consideration would be put to them.

“The NEU submissions to the STRB went a long way towards changing the Government’s position on pay and funding. The strike action taken by our members also shifted the dial, securing the highest pay award for over thirty years. Members should be proud they have also secured extra funding for schools.”

They added: “The Government should be in no doubt that we will hold its feet to the fire on delivering for teachers and support staff on workload and funding and continue to represent the profession in future STRB consultations.

“It remains the view of the NEU that school and college funding is far from adequate. It remains a commitment of the NEU to campaign for further increases in teacher pay.

“Everyone in the school and colleges community deserves an education system that attracts and keeps teaching staff, and one that ensures every child gets the attention and support they deserve. Our campaign for a better-funded education system will not go away.”

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Top TRUMP whales hold $174M in tokens ahead of dinner with US president

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Top TRUMP whales hold 4M in tokens ahead of dinner with US president

Top TRUMP whales hold 4M in tokens ahead of dinner with US president

The list of the top holders of US President Donald Trump’s memecoin has been finalized ahead of background checks to apply for a dinner and “VIP tour” with the president on May 22.

In a May 12 X post, the TRUMP memecoin project said it would stop considering additional purchases for a dinner with the president, adding that the top tokenholders had been notified to apply for background checks if they wanted to attend.

According to data provided on the project’s leaderboard, the top 220 wallets held more than 13.7 million tokens as of May 12, worth roughly $174 million at the time of publication.

White House, Donald Trump, Corruption, Memecoin
Top 10 TRUMP memecoin holders as of May 12. Source: TRUMP memecoin project

It’s unclear who, if any, of the wallet holders will choose to apply for and attend the dinner with Trump, or the “exclusive reception” expected to be in the White House for the top 25 holders, on May 22. A May 7 Bloomberg report suggested that the majority of tokenholders were based outside of the United States, leading to potential security concerns and conflicts of interest.

Many US lawmakers and figures in the crypto industry criticized the president for launching the memecoin just days before taking office on Jan. 20. In the wake of his dinner announcement on April 23, the calls for congressional oversight and allegations of corruption have intensified, with one senator calling for Trump’s impeachment and other representatives refusing to consider crypto-related legislation until their concerns were addressed.

Related: FT report suggests advance knowledge of Melania Trump memecoin launch

Companies also apparently seeking influence over Trump’s policies have invested in the memecoin. In April, Freight Technologies said it would invest $20 million in the token, suggesting that it could affect the president’s trade war between the US and Mexico, where the firm conducts some of its business. As of May 12, the company had not announced whether it qualified to send a representative to the dinner.

Not Trump’s first appeal to crypto users

During his 2024 campaign, Trump hosted a dinner with supporters who purchased his “mugshot” non-fungible tokens, which featured a picture of the then-presidential candidate at his surrender to authorities on charges he attempted to overturn the 2020 election.

Many of the “mugshot” attendees publicly shared their identities on social media ahead of and during the event, but at the time of publication, no one appeared to be claiming they would apply for the memecoin dinner. Wallets with the usernames “Sun” and “elon” have led to speculation that Tron founder Justin Sun and Tesla CEO Elon Musk — both Trump supporters who have financial interests tied to Trump’s presidency — could be among the attendees.

Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions

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NYC Mayor doubles down on crypto push ahead of city summit

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NYC Mayor doubles down on crypto push ahead of city summit

NYC Mayor doubles down on crypto push ahead of city summit

New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans.

In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie Hecker, CEO of private equity firm Traction and Scale, would be assisting the city in its crypto efforts. He spoke of Ou and Hecker acting as advisers for New York City’s next steps in “economic development and opportunities to serve the public using digital assets.” 

“We are focused on the long-term values of these technologies for our city and its people, not chasing memes or trends,” said Adams, adding:

“If you’re in the crypto, blockchain, Web3 or the fintech space, New York City is open for business.”

Cryptocurrencies, Politics, New York, Donald Trump
Eric Adams addressing reporters on May 12. Source: Yedda Araujo/Cointelegraph

Adams made digital assets a large part of his policy platform after assuming office in January 2022, when he announced plans to accept his first three paychecks in Bitcoin (BTC). In a 2023 financial disclosure, the mayor reported holding between $5,000 and $54,999.99 worth of Bitcoin, but suggested it was worth more in a December 2024 press conference.

Trump DOJ dismissed the corruption case against Adams

Adams had been facing corruption charges over alleged illegal donations from the Turkish government, but Justice Department officials appointed by US President Donald Trump stepped in and directed local authorities to intervene. The case was dismissed with prejudice, meaning it cannot be reopened, in April, and Adams traveled to the White House on May 9 to reportedly thank Trump for his “words of support” during his 2024 campaign.

Related: 8 major crypto firms announce US expansion this year

It’s unclear whether Adams’ May 12 announcement was related to his meeting with the president, who has also pushed significant policies related to digital assets since taking office. Cointelegraph reached out to the mayor’s office for comment, but had not received a response at the time of publication.

Adams announced in April that the city would be hosting its own crypto summit on May 20.

Magazine: Crypto City: Guide to New York

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Politics

Minister does not rule out ‘supermax’ jails for most dangerous offenders following alleged Rudakubana attack on prison officer

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Minister does not rule out 'supermax' jails for most dangerous offenders following alleged Rudakubana attack on prison officer

“Supermax” jails could be built to house the most dangerous offenders following a spate of alleged attacks on staff, the prisons minister has said.

James Timpson told the Politics Hub with Sophy Ridge that “we shouldn’t rule anything out” when asked if the most dangerous criminals should be placed in top security prisons.

It comes after Southport triple killer Axel Rudakubana allegedly threw boiling water from a kettle at an officer at HMP Belmarsh on Thursday. Police are now investigating.

Politics latest: PM has undergone a ‘miraculous conversion’, say Tories

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Is the UK prison system broken?

Before that, three prison officers were also allegedly attacked by 28-year-old Hashem Abedi – the brother of Manchester Arena bomber Salman Abedi – with hot cooking oil and “improvised knives”, potentially made from a baking tray.

Speaking from HMP Preston for a special programme of the Politics Hub, Mr Timpson told Sophy Ridge: “We inherited a complete mess in the prison system.

“Violence is up, assaults on staff is up. But for me, we shouldn’t rule anything out.”

More on Prisons

He added: “What we need to do is to speak to our staff. They’re the experts at dealing with these offenders day in, day out. “

Mr Timpson – who was the chief executive of Timpson Group before he was appointed prisons minister last year – said the violence in prisons was “too high”.

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Are we sending too many people to prison?

He continued: “The number of people when you have prisons are so full, and the people in there are not going to education or into purposeful activity.

“You get more violence and that is totally unacceptable. Our staff turn up to work to help turn people.

“They want to turn people’s lives around. They didn’t turn up to work to get assaulted. It’s totally unacceptable.”

Read more:
Should some women offenders be spared jail?
Prison officer ‘will be killed if government does not get a grip’

Reflecting on the crisis facing the UK prison system ahead of the government’s sentencing review, Mr Timpson said a major problem was the high rate of reoffending, saying “80% of offending is reoffending”.

He said people were leaving places like HMP Preston “addicted to drugs, nowhere to live, mental health problems – and that’s why they keep coming back”.

Asked whether every prison had a drugs issue, he replied: “100%.”

“If we want to keep the public safe, we need to do a lot more of the work in here and in the community. But also we need to build more prisons.”

Put to him that making more use of community sentences – thought to be one of the recommendations in the government’s sentencing review – might be considered a “cushy option” compared to a custodial sentence, Mr Timpson said: “There are some people in this prison tonight who would prefer to be in prison than do a community sentence – but that’s not everybody.

“Community sentences need to be tough punishments outside of prison, not just to help them address their offending behaviour, but also the victims need to see punishments being done too and for me, technology has a big part to play in the future.”

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