Sir Keir Starmer has been urged to promote fresh talent to the shadow cabinet in a reshuffle that is widely expected to take place on Monday.
The Labour leader has been told that now is the time to be “bold” in shaking up his top team ahead of next year’s general election – but it is unclear at this stage whether Sir Keirintends to make only limited changes or will carry out a more substantial shake-up.
There are two schools of thought regarding what form the reshuffle could take.
The first is that all posts outside of Sir Keir’s five key missions could be up for grabs, or that the reshuffle could be minor and possibly mirror changes in government departments – for example, to cover posts such as secretary of state for science, innovation and technology which is occupied by Michelle Donelan but does not have a Labour counterpart.
However, senior Labour sources who spoke to Sky News said Sir Keir should use the reshuffle as an opportunity to promote new names into the shadow cabinet – which they said would de facto make it a significant re-organisation.
One Labour adviser told Sky News: “It’s time to shake things up and get the talent in where it belongs. We need to show the country how we will transform Britain.”
Another source added: “Keir talks a lot about being ruthless – he should stick to that.
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“This isn’t just the next shadow cabinet, it’s potentially the next government. People shouldn’t just stay because he’s afraid to rock the boat. He’s in his strongest possible position – it’s a waste if he doesn’t act now.”
Among the names of those have been tipped for a possible promotion include Darren Jones, who currently chairs parliament’s business and trade committee, and shadow policing minister Sarah Jones.
Mr Jones has been widely tipped for months to take on the role of shadow science, innovation and technology secretary – a position that is currently vacant and is also said to be coveted by Lucy Powell, who currently holds the culture brief.
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Starmer unveils Labour ‘missions’.
Sources said Ms Jones, the MP for Croydon Central, could take on the brief of Northern Ireland secretary due to her background in policing.
That role could be vacated by the incumbent, Peter Kyle, who sources said would be well-placed to take on the environment, food and rural affairs brief due to the “political capital” that can be made due to the current crisis of sewage in rivers and seas.
Mr Kyle, the MP for Hove, is viewed by one member of the Labour frontbench as ideal for the role.
“It’s not seen as a top job, but he could really land blows on Tories,” said one Labour MP. “Especially in coastal and rural areas where we’d like to win seats.”
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Alison McGovern, the current shadow minister for work and pensions, was described by one Labour source as the “obvious” choice to take on the culture brief given her advocacy for women’s football in the year of the Women’s World Cup.
However, Thangam Debbonaire, the current shadow leader of the House, has also been mentioned for the role given her background as professional cellist and as MP for Bristol West, a constituency known for its creatives.
Other names that could be vulnerable to being moved are Louise Haigh in transport, Jo Stevens in the shadow Wales office and shadow mental health minister Rosena Allin-Khan – who could be replaced by Liz Kendall.
Key players staying put
While the reshuffle could see movement around the margins, shadow cabinet ministers orientated around Sir Keir’s five missions are expected to stay put.
It means that shadow chancellor Rachel Reeves, shadow home secretary Yvette Cooper, shadow health secretary Wes Streeting, shadow education secretary Bridget Phillipson and shadow climate change secretary Ed Miliband are likely to stay in post until the next election.
But there are questions about other heavy hitters, including shadow levelling up secretary Lisa Nandy – who has been rumoured for a demotion or possible move out of the entire shadow cabinet – and Angela Rayner, with whom relations have been strained.
Image: Labour party deputy leader Angela Rayner.
While Ms Rayner cannot be moved from her role as deputy leader given it is an elected position, she occupies an array of other roles including the shadow chancellor of the duchy of Lancaster and shadow secretary of state for the future of work which some of Sir Keir’s aides are reportedly keen to move her from.
There are fears that the future of work brief occupied by Ms Rayner could be watered down or scrapped entirely amid fears that it requires too much input from trade unions.
Her allies have remained tight lipped about any move – but past briefings have suggested that Ms Rayner could be moved to Ms Nandy’s role in a bid to move her away from the levers of the future Cabinet office.
However, some question the logic of moving Ms Rayner to a brief where she could become the “voice of the North” in Westminster and challenge the Treasury on spending decisions.
It could, they suggest, also allow her to build up a rival power base along with other metro mayors, as well as forge close ties with local constituency parties needed for a potential leadership bid.
Image: Politics Hub with Sophy Ridge starts on Monday at 7pm
Sources also pointed out that Sir Keir would not want to see a repeat of the chaotic 2021 reshuffle, in which he sacked Ms Rayner as party chair and national campaign co-ordinator only to appoint her to the roles she occupies currently.
At this stage the one thing that stands out is the desire for Sir Keir to make his biggest power play yet – but whether he will remains uncertain.
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.
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.
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.
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.
The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.
While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past.
According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed his birthdate as April 5, 1975.
Nakamoto’s anonymity has played a vital role in maintaining the decentralized nature of the Bitcoin network, which has no central authority or leadership.
The Bitcoin wallet associated with Nakamoto, which holds over 1 million BTC, has laid dormant for more than 16 years despite BTC rising from $0 to an all-time high above $109,000 in January.
Satoshi Nakamoto statue in Lugano, Switzerland. Source: Cointelegraph
Nakamoto’s 50th birthday comes nearly a month after US President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system.
Nakamoto’s legacy: a “cornerstone of economic sovereignty”
“At 50, Nakamoto’s legacy is no longer just code; it’s a cornerstone of economic sovereignty,” according to Anndy Lian, author and intergovernmental blockchain expert.
“Bitcoin’s reserve status signals trust in its scarcity and resilience,” Lian told Cointelegraph, adding:
“What’s fascinating is the timing. Fifty feels symbolic — half a century of life, mirrored by Bitcoin’s journey from a white paper to a trillion-dollar asset. Nakamoto’s vision of trustless, peer-to-peer money has outgrown its cypherpunk roots, entering the halls of power.”
However, lingering questions about Nakamoto remain unanswered, including whether they still hold the keys to their wallet, which is “a fortune now tied to US policy,” Lian said.
In February, Arkham Intelligence published findings that attribute 1.096 million BTC — then valued at more than $108 billion — to Nakamoto. That would place him above Microsoft co-founder Bill Gates on the global wealth rankings, according to data shared by Coinbase director Conor Grogan.
If accurate, this would make Nakamoto the world’s 16th richest person.
Despite the growing interest in Nakamoto’s identity and holdings, his early decision to remain anonymous and inactive has helped preserve Bitcoin’s decentralized ethos — a principle that continues to define the cryptocurrency to this day.