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Education Secretary Gillian Keegan has apologised for her “choice language” after she was caught complaining about not being thanked for doing a “f***ing good job” over the unsafe concrete crisis.

After an interview with ITV News in Westminster, the cabinet minister criticised others for being “sat on their arses” and claimed the government had gone “over and above” in addressing concerns relating to reinforced autoclaved aerated concrete (RAAC).

While her mic was still on she said: “Does anyone ever say ‘You know you’ve done a f***ing good job because everyone else has sat on their arses and done nothing.

“No signs of that, no?”

Rayner gets new role in reshuffle – follow politics latest

A Number 10 source said her comments were “wrong” but the prime minister “has full confidence in his education secretary”.

Ms Keegan later apologised and admitted she was “frustrated with the interviewer” who was “making out it was all my fault”.

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Gillian Keegan: ‘I’d like to apologise for my choice language’


More than a hundred schools in England were told they could not fully open just days before the start of the autumn term because of safety fears over the use of RAAC.

Pupils face being taught in temporary classrooms, on different sites or even forced into pandemic-style remote lessons.

Critics have accused the Tories of a “shambolic” handling of the situation, saying issues with the collapse-risk material have been known about for years.

Asked repeatedly who she meant had been “sat on their arses”, Ms Keegan insisted it was “nobody in particular”.

She said: “It was an off-the-cuff remark, after the news interview had finished. I’d like to apologise for my choice language, that was unnecessary.”

Pressed on who she was frustrated with, Ms Keegan said: “Actually, it was the interviewer, because the interviewer was making out it was all my fault and that’s what I was saying, do you ever go into these interviews where anyone ever says anything but you’ve just done a terrible job?”

She said it is “frustrating” because she and her team have been working hard to deal with the issue of unsafe concrete, and she hasn’t slept due to “worrying about this”.

‘Staggering arrogance’

But Labour leader Sir Keir Starmer said it was a “farce” to see a Tory minister “blame anyone but themselves”.

Asked if she should remain in her post, he said that was a decision for the prime minister to make.

He added: “Rishi Sunak needs to act, but will he have the strength to act? I doubt it.”

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Starmer: Keegan comments a ‘farce’

Meanwhile Stephen Morgan MP, Labour’s shadow schools minister, said Ms Keegan’s comments were a “staggering admission that Rishi Sunak and the Conservatives have done nothing to address a problem that they have known about for years”.

“The education secretary has displayed staggering arrogance for saying she deserves a pat on the back for the chaos that is gripping our schools on their watch,” he said.

Ms Keegan is due to be interviewed on the Politics Hub with Sophy Ridge on Sky News tonight at 7:30pm.

Questions remain over the extent of the RAAC crisis, the timing of the government’s announcement and how the repairs will be funded.

Earlier, Mr Sunak acknowledged hundreds more schools in England could be impacted as he faced accusations he failed to fund a programme to replace ageing classrooms while chancellor.

The prime minister said that 95% of England’s schools were unaffected, leaving open the possibility that more than a thousand could be.

Watch Politics Hub with Sophy Ridge from 7pm Monday to Thursday on Sky channel 501, Virgin channel 602, Freeview channel 233, on the Sky News website and app or on YouTube.

RAAC is essentially a lighter-weight form of concrete, used to build roofs, schools, colleges and other buildings from the 1950s until the mid-1990s.

Read more:
RAAC crisis: Obese patients can’t be moved from ground floor at hospital
RAAC: The once wonder material causing a chaotic start to the academic year

Experts have long-warned the material has now reached the end of its shelf life and is liable to collapse.

Earlier Jonathan Slater, who was secretary at the Department for Education (DfE) from May 2016 to August 2020, claimed the Treasury had failed to fully fund school rebuilding schemes – including during Mr Sunak’s time at the helm.

He said up to 400 schools a year need to be replaced, but the DfE only got funding for 100, despite the government knowing there was a “critical risk to life”.

Mr Sunak dismissed that criticism as “completely and utterly wrong”.

But Labour insisted he “bears huge culpability for his role in this debacle” – saying funding for rebuilding schools has been slashed over the years.

Analysis published by the party found that spending on school rebuilding between 2019 and 2020 was at £765m, but this fell to £560m the following year.

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Refugee status set to become temporary in radical asylum reforms

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Refugee status set to become temporary in radical asylum reforms

People granted asylum in the UK will only be allowed to stay in the country temporarily, in sweeping reforms expected to be announced on Monday.

Modelled on the Danish system, the aim is to make the UK less attractive for illegal immigrants and make it easier to deport them.

Planned changes mean that refugee status will become temporary and subject to regular review, with refugees removed as soon as their home countries are deemed safe.

Under current UK rules, those granted refugee status have it for five years and can then apply for indefinite leave to remain and get on a route to citizenship.

In a social media video trailing her announcement, Home Secretary Shabana Mahmood said: “We will always be a country that gives sanctuary to people who are fleeing danger, but we must restore order and control.”

She called it “the most significant changes to our asylum system in modern times”.

An ally of the home secretary said: “Today, becoming a refugee equals a lifetime of protection in Britain.

More on Denmark

“Mahmood will change that, making refugee status temporary and subject to regular review. The moment your home country is safe to return to, you will be removed.

“While this might seem like a small technical shift, this new settlement marks the most significant shift in the treatment of refugees since the Second World War.”

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UK looks to Denmark for tougher immigration policy

Time and money ‘wasted’ on Rwanda scheme

While the number of asylum claims across Europe has fallen, numbers in Britain have risen.

Ms Mahmood said the previous government had had “years to tackle this problem” but had “wasted” time and money on the £700m Rwanda scheme.

Read more: Could Danish model save Labour’s bacon?

Some 39,075 people have arrived in the UK after making the journey across the Channel so far this year, according to the latest Home Office figures.

That is an increase of 19% on the same point in 2024 and up 43% on 2023, but remains 5% lower than at the equivalent point in 2022, which remains the peak year for crossings.

Other changes expected to be announced on Monday include requiring judges to prioritise public safety over migrants’ rights to a family life, or the risk that they will face “inhuman” treatment if returned to their home country, the Telegraph has reported.

Denmark’s tighter rules on family reunions are also being looked at.

Read more politics news:
Under-fire Starmer aide won’t quit
Plans to raise income tax in budget ditched

Pic: Reuters
Image:
Pic: Reuters

What are Denmark’s migration rules?

Denmark has adopted increasingly restrictive rules in order to deal with migration over the last few years.

In Denmark, most asylum or refugee statuses are temporary. Residency can be revoked once a country is deemed safe.

In order to achieve settlement, asylum seekers are required to be in full-time employment, and the length of time it takes to acquire those rights has been extended.

Denmark also has tougher rules on family reunification – both the sponsor and their partner are required to be at least 24 years old, which the Danish government says is designed to prevent forced marriages.

The sponsor must also not have claimed welfare for three years and must provide a financial guarantee for their partner. Both must also pass a Danish language test.

In 2018, Denmark introduced what it called a ghetto package, a controversial plan to radically alter some residential areas, including by demolishing social housing. Areas with over 1,000 residents were defined as ghettos if more than 50% were “immigrants and their descendants from non-Western countries”.

In 2021, the left of centre government passed a law that allowed refugees arriving on Danish soil to be moved to asylum centres in a partner country – and subsequently agreed with Rwanda to explore setting up a program, although that has been put on hold.

Changes will prevent refugees from ‘integrating into British life’

While some research has suggested that deterrence policies have little impact on asylum seekers’ choice of destination, but a 2017 study said Denmark’s “negative nation branding” had proved effective in limiting asylum applications.

The number of successful asylum claims has fallen to a 40-year low in Denmark, with 95% of failed asylum seekers deported from the country.

But some believe the changes could damage future generations seeking a haven from war, persecution and violence.

Enver Solomon, chief executive of Refugee Council, said: “These sweeping changes will not deter people from making dangerous crossings, but they will unfairly prevent men, women and children from putting down roots and integrating into British life.

“Refugee status represents safety from the conflict and persecution that people have fled.

“When refugees are not stuck in limbo, they feel a greater sense of belonging, as full members of their new communities with a stable future for themselves, their children and generations to come.

“We urge the government to rethink these highly impractical plans, which will also add to the backlog and chaos that the Home Office is tackling.

“Instead, they should ensure that refugees who work hard and contribute to Britain can build secure, settled lives and give back to their communities.”

Shabana Mahmood will be appearing on Sunday Morning with Trevor Phillips from 8.30am tomorrow.

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Bitcoin falls to 6-month low as ETF demand collapses: Finance Redefined

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Bitcoin falls to 6-month low as ETF demand collapses: Finance Redefined

Cryptocurrency markets have extended their decline despite much-awaited political developments taking place in the US.

On Wednesday, President Donald Trump signed a funding bill to end the record 43-day US government shutdown, after the bill passed through the Senate on Monday and was approved by the House of Representatives on Wednesday.

The bill provides funding to the government until Jan. 30, 2026, and gives Democrats and Republicans more time to strike a deal on broader funding plans for the year ahead.  

The end of the shutdown failed to lift demand among Bitcoin (BTC) exchange-traded fund (ETF) buyers. Spot BTC ETFs saw a brief resurgence on Tuesday, attracting $524 million in inflows, but outflows quickly resumed, with a whopping $866 million in daily net outflows on Thursday, according to Farside Investors.

Bitcoin fell to a six-month low of $95,900 on Friday, a level last seen in May as its biggest demand drivers continued to lack momentum.

Investments from ETFs and Michael Saylor’s Strategy were the two main vehicles driving demand for Bitcoin’s price this year, according to Ki Young Ju, founder and CEO of crypto analytics platform CryptoQuant.

BTC/USD, one-year chart. Source: Cointelegraph

Bitcoin ETF demand stalls as US shutdown optimism fails to lift sentiment

The lack of demand for spot Bitcoin ETFs is raising concerns about Bitcoin’s prospects for the rest of the year.

On Monday, the US Senate approved the funding bill and brought Congress a step closer to ending the shutdown. The legislation headed for a full vote in the House of Representatives, which occurred on Wednesday.

Despite optimistic news from the US, spot Bitcoin ETF investments remained flat on Monday, with just $1.2 million of inflows, according to data from Farside Investors.

Bitcoin ETF Flows, US dollars (in millions). Source: Farside Investors

“Despite the US shutdown seemingly ending, and the S&P and Gold bouncing hard, Bitcoin ETFs saw NO bid yesterday,” said Capriole Investments founder, Charles Edwards, adding that this is not a dynamic we want to see continue.

“Risk assets usually see a strong bid in the weeks out of the Shutdown. Still time to turn this ship around, but it needs to turn,” Edwards wrote in a Tuesday X post.

Spot Bitcoin ETF inflows were the primary driver of Bitcoin’s momentum in 2025, Standard Chartered’s global head of digital assets research, Geoff Kendrick, told Cointelegraph recently.

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Bitwise exec says 2026 will be crypto’s real bull year; here’s why

Bitwise chief investment officer Matt Hougan is more confident that crypto markets will boom in 2026, particularly as there hasn’t been a late 2025 rally.

Speaking to Cointelegraph at The Bridge conference in New York City on Wednesday, Hougan said a crypto market rally at the end of 2025 would have fit the four-year cycle thesis, meaning 2026 would mark the start of a bear market, similar to 2022 and 2018.

When asked to revise his prediction about whether the crypto market will boom in 2026, Hougan said: “I’m actually more confident in that quote. The biggest risk was [if] we ripped into the end of 2025 and then we got a pullback.”

Hougan said interest in the Bitcoin debasement trade, stablecoins and tokenization would continue to accelerate, while arguing that Uniswap’s fee switch proposal introduced on Monday would reinvigorate interest in decentralized finance protocols in the coming year.

“I think the underlying fundamentals are just so sound,” Hougan said. “I think these earlier forces, institutional investment, regulatory progress, stablecoins, tokenization, I just think those are too big to keep down. So I think 2026 will be a good year.”

Matt Hougan at The Bridge conference in New York City. Source: Cointelegraph

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Arthur Hayes tells Zcash holders to withdraw from CEXs and “shield” assets

The privacy coin sector returned to the spotlight after BitMEX co-founder Arthur Hayes urged Zcash holders to withdraw their assets from centralized exchanges (CEXs). 

On Wednesday, Hayes told holders to “shield” their assets, a feature that enables private transactions within the Zcash network. “If you hold $ZEC on a CEX, withdraw it to a self-custodial wallet and shield it,” Hayes wrote on X.

The comments came as Zcash (ZEC) saw sharp price swings in the last few days. The token rallied to $723 on Saturday before dropping to $504 on Sunday. It then surged to a high of $677 on Monday, only to see another sharp decline. At the time of writing, ZEC was trading at about $450, marking a 37% decline from its Saturday high. 

Analysts had warned that ZEC might undergo a sharp correction due to its relative strength index (RSI) reaching its highest reading after continuing to rally above its overbought zone. 

Zcash’s seven-day price chart. Source: CoinGecko

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Vitalik Buterin champions decentralization in “Trustless Manifesto”

Ethereum co-founder Vitalik Buterin has authored and signed the new “Trustless Manifesto,” which seeks to uphold core values of decentralization and censorship resistance and push builders to refrain from adding intermediaries and checkpoints for the sake of adoption.

The Trustless Manifesto, also authored by Ethereum Foundation researchers Yoav Weiss and Marissa Posner, said crypto platforms sacrifice trustlessness from the first moment that they integrate a hosted node or centralized relayer, explaining that while it feels harmless, it becomes a habit, and with each passing checkpoint, the protocol becomes less and less permissionless.

“Trustlessness is not a feature to add after the fact. It is the thing itself,” the Ethereum Foundation members said in the manifesto published Wednesday. “Without it, everything else — efficiency, UX, scalability — is decoration on a fragile core.”

“When complexity tempts us to centralize, we must remember: every line of convenience code can become a choke point.”

Extract from The Trustless Manifesto. Source: Trustlessness.eth

While the manifesto wasn’t aimed at any particular person or company, some Ethereum layer 2s have been criticized for sacrificing decentralization to focus on scalability to speed up adoption.

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Sonic Labs pivots from speed to survival with business-first strategy

Sonic Labs, the organization behind the Sonic layer-1 blockchain, announced a major strategic shift as it pivots from emphasizing transaction speed to building long-term business value and token sustainability.

After claiming industry-leading performance last year, Sonic Labs said its next chapter will focus on upgrades that deliver measurable financial outcomes, including new Ethereum and Sonic Improvement Proposals (EIPs and SIPs), token supply reductions and revamped rewards for network participants.

“Every decision we make moving forward will be guided by the principles of building real value, with price, growth, and sustainability always in focus,” said Mitchell Demeter, the new CEO of Sonic Labs. 

The focus aims to bring “measurable, lasting value” for builders, validators and tokenholders, wrote Demeter in a Tuesday X post. “Our mission at Sonic is to move beyond hype and build a sustainable business model for a layer one, that creates, captures, and returns real value to tokenholders.”

The new fee monetization upgrade will include a tiered reward system for builders and fixed rewards for validators.

Sonic Labs will also increase the rate of programmatic Sonic (S) token burns, which means permanently removing tokens from circulation to tighten the supply.

Source: Mitchell Demeter

Sonic claims to be the world’s fastest Ethereum Virtual Machine (EVM) chain, with a “true” finality of 720 milliseconds (ms) — the assurance that a transaction is irreversible, which occurs after it is added to a block on the blockchain ledger.

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DeFi market overview

According to data from Cointelegraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies by market capitalization ended the week in the red.

The privacy-preserving Dash (DASH) token fell 45% to stage the biggest decline in the top 100, followed by the Internet Computer (ICP) token, down over 27% on the weekly chart.

Total value locked in DeFi. Source: DefiLlama

Thanks for reading our summary of this week’s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space.