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The career of Education Secretary Gillian Keegan looks precarious following the sudden disruption of the start of the school year.

After days of hesitation, the government confirmed last week that RAAC concrete – which can cause buildings to collapse – has been identified in 146 schools, of which at least 43 were unable to begin face-to-face education as normal.

Potentially thousands more schools, as well as other public buildings, may be affected.

Ms Keegan’s handling of the situation has not endeared her to her colleagues or the general public.

In spite of receiving warnings over months, if not years, she gave schools no notice before announcing – just days before children returned after the holidays – that they would have to shut facilities immediately.

As the controversy raged she was on holiday, unavailable for interview and, allegedly, unable to return from one of her homes in Spain because of the air traffic control breakdown.

She made things worse for the government when she got back to Westminster.

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On camera for a TV interview, she let off a four-letter strewn tirade, complaining: “Does anyone ever say you’ve done a f***ing good job, because everyone else has sat on their a*** and done nothing?”. Later she laughed when the footage was played back to her on Sky News.

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Gillian Keegan watches clip of herself swearing

Meanwhile, there were reports that she “blindsided” fellow ministers with her drastic announcement. Labour raised questions about a recent £34m revamp of the Department for Education headquarters and about £1m from the schools rebuilding fund paid to a company linked to her husband.

Yet in comparison to previous hue and cry against other beleaguered ministers, Ms Keegan seems to be getting off lightly.

The Labour leadership has not yet demanded her sacking or resignation. This appears to be less of a comment on her performance than an expression of exasperation that her departure would not make much difference.

10 education secretaries in 13 years

There have been no less than, a shocking, 10 secretaries of state for education in the 13 years since the Conservatives took power in 2010. Would another one now make much difference to the state of schools?

Naming the 10 education secretaries is too difficult for a pub quiz or an A-level politics exam. In order they have been: Michael Gove, Nicky Morgan, Justine Greening, Damian Hinds, Gavin Williamson, Nadhim Zahawi, Michelle Donelan, James Cleverly, Kit Malthouse and Ms Keegan.

On average each minister has not stuck around long enough for a child to complete two years of primary or secondary school.

Given that politicians of all hues never tire of telling us that children are our the nation’s future, this turmoil betrays an extraordinarily neglectful attitude to ensuring a stable environment for children to acquire the life skills they need.

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In further evidence of carelessness in this policy area, there have also been 10 ministers responsible for higher education and universities since 2010. Jo, now Lord, Johnson fulfilled the role for two separate terms.

Much of the rapid turnover is down to the rolling chaos of four prime ministers in the past five years.

All were determined to appoint a team loyal to them, as each positioned themselves in the raging Tory ideological civil wars. Since Boris Johnson took over in 2019 there have been six education secretaries.

The Department for Education is one subject to systemic instability during these Tory governments.

Since David Cameron became prime minister there have been 12 culture secretaries – including Michelle Donelan and Ms Morgan who also had goes at education, and 11 lord chancellors in charge of the justice system – including Mr Gove.

Job seen as stepping stone

The roster in those posts regarded as more senior has stayed in single figures: is now the eight foreign secretaries (including former education secretary Mr Cleverly), seven defence secretaries (including Mr Williamson) and five home secretaries (Suella Braverman has been appointed twice).

This gives away which jobs ambitious politicians really want. A stint as education secretary is increasingly being regarded as merely a stepping stone to something better.

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Keegan tells school chiefs to ‘get off their backsides’
The most infamous hot mic moments that have got politicians into hot water

The revolving door at the Department for Education has been spinning faster and faster, leaving some secretaries of state barely time to locate the toilets.

Education has seldom been treated as a key department but there is no modern precedent for the recent turmoil. A minority of education secretaries on both sides have even displayed genuine interest and left a mark on the education system they are supposed to oversee.

As a member of the wartime coalition cabinet, the Conservative R A Butler enacted the blueprint for education reform in the UK from 1945 onward. From 1950, the last time before this when the Conservatives were in power for 13 years, only six people held the job.

Labour’s Harold Wilson needed just four in his first seven-year government and only three in the five years he shared with Jim Callaghan second time round. Anthony Crosland and Shirley Williams are remembered for their implementation of comprehensive schools to replace grammars and secondary moderns.

In between those two Labour governments, the Conservative prime minister Ted Heath’s sole education secretary was Margaret Thatcher, ultimately to his regret.

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Headteacher’s anger at clip of minister swearing

She too shut a lot of grammars and abolished free school milk for children. In government for 18 years, she and John Major only appointed seven.

Kenneth Baker was the most notable reforming secretary of state, introducing standard attainment tests in primary schools.

There were six in new Labour’s 13 years from 1997 to 2010. David Blunkett was the first blind cabinet minister. He brought in university tuition fees and took on the teaching unions in support of Mr Baker’s basic standards.

Estelle Morris deserves special mention for resigning voluntarily after just one year saying she didn’t feel up to it after failing to hit literacy and numeracy targets.

Education secretary for a mere 36 hours

What of the current Tory 10?

Ms Donelan is back in the cabinet as science secretary in spite of holding the all-time record for the shortest ever cabinet post. She was education secretary for a mere 36 hours – collateral damage in the Tory implosion last summer when Mr Johnson appointed a new cabinet after he had been forced to quit.

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What is the concrete crisis?

Also leaving no impression on schools beyond uncertainty in the Johnson-Truss-Sunak interregnum: Mr Cleverly who did two months as Mr Johnson’s education caretaker, Mr Malthouse who served Ms Truss, and Mr Zahawi, who was dropped in for 10 months after Mr Johnson sacked Mr Williamson, who had previously been sacked as defence secretary. Mr Johnson brought him back to education.

Mr Williamson’s handling of schools and exams during the pandemic resulted in several U-turns and was heavily criticised. Mr Hinds paid attention to Catholic education. His 18 months as education secretary were ended abruptly by Mr Johnson.

Ms Morgan and Ms Greening were each in the job for about two years. They were both made women and equalities minister at the same time.

This left the impression that their bosses regarded both portfolios dismissively as not really proper jobs, best given to women. Both fell foul of the pro-Brexit leadership. Ms Greening was purged from the party and now campaigns on social mobility. Ms Morgan survived and is in the House of Lords, where she chairs the committee on public commemoration of COVID.

Confronting ‘the left-wing blob’

Mr Gove was the first, the longest serving, and the most significant of these Tory education secretaries. UK school pupils are now higher up international tables for literacy and numeracy. Conservatives give Mr Gove credit for his insistence on conventional teaching methods.

He was the first elected politician to bring the radical campaigner Dominic Cummings, later called a “career psychopath” by David Cameron, into government as an aide.

Secretary of State for Levelling Up, Housing and Communities Michael Gove arrives in Downing Street, London
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Levelling up Secretary Michael Gove was education secretary in David Cameron’s cabinet

Mr Gove and Mr Cummings promoted free schools and academies and confronted what they called “the left-wing blob”. The teaching unions voted no confidence in Mr Gove. In 2014, ahead of the approaching general election, Mr Cummings resigned amid controversy about his behaviour towards colleagues. Mr Gove was demoted – for the time being.

In one of his first acts as education secretary, Mr Gove cancelled the previous Labour government’s “Building for the Future” schools regeneration scheme.

The opposition are pointing to that as the source of failure to deal with RAAC concrete in school buildings. Ms Keegan is carrying burdens passed on to her by her nine Conservative predecessors. In her terms probably more of them “sat on their a***s” than did a “f***ing brilliant job”. That may be the best reason for Mr Sunak to keep her on as education secretary.

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Suspect in $190M Nomad hack to be extradited to the US: Report

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Suspect in 0M Nomad hack to be extradited to the US: Report

Suspect in 0M Nomad hack to be extradited to the US: Report

A Russian-Israeli citizen allegedly involved in the $190 million Nomad bridge hack will soon be extradited to the US after he was reportedly arrested at an Israeli airport while boarding a flight to Russia. 

Alexander Gurevich will be investigated for his alleged involvement in several “computer crimes,” including laundering millions of dollars and transferring stolen property allegedly connected to the Nomad Bridge hack in 2022, The Jerusalem Post reported on May 5.

Gurevich returned to Israel from an overseas trip on April 19 but was ordered to appear before the Jerusalem District Court for an extradition hearing soon after, according to the report. 

On April 29, Gurevich changed his name in Israel’s Population Registry to “Alexander Block” and received a passport under that name at Israel’s Ben-Gurion Airport the next day.

He was arrested at the same airport two days later, on May 1, while waiting to board a flight to Russia. 

Gurevich allegedly identified a vulnerability in the Nomad bridge, which he exploited and stole roughly $2.89 million worth of tokens from in August 2022.

Dozens of copycat hackers discovered and capitalized on the security vulnerability soon after, leading to a total loss of $190 million.

Gurevich allegedly reached out to a Nomad executive on Telegram

Prosecutors allege that shortly after the hack, Gurevich messaged Nomad’s chief technology officer, James Prestwich, on Telegram using a fake identity, admitting that he had been “amateurishly” seeking a crypto protocol to exploit.

He allegedly apologized for “the trouble he caused Prestwich and his team” and voluntarily transferred about $162,000 into a recovery wallet the company had set up.

Prestwich told Gurevich that Nomad would pay him 10% of the value of the assets he had stolen, to which Gurevich responded that he would consult his lawyer. However, Nomad never heard back from him after that.

Russia, Israel, Telegram, United States, Hacks
Alleged messages between Gurevich and Nomad’s James Prestwich were shared on X by Israel-based Walla News journalist Yoav Itiel. Source: Yoav Itiel

At some point during the negotiations, Gurevich demanded a reward of $500,000 for identifying the vulnerability.

Related: Do Kwon is in US custody after extradition battle

US federal authorities filed an eight-count indictment against Gurevich in the Northern District of California on Aug. 16, 2023, in addition to obtaining a warrant for his arrest. California is where the team behind the Nomad bridge is based.

The US submitted a formal extradition request in December 2024, the Post noted.

The money laundering charges that Gurevich faces carry a maximum of 20 years, significantly harsher than what he would face in Israel.

Gurevich is believed to have arrived in Israel a few days before the $190 million exploit occurred, prompting Israeli officials to believe he carried out the attack while in Israel.

Magazine: Financial nihilism in crypto is over — It’s time to dream big again

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How Nigel Farage is flirting with Labour’s most loyal voters – and the battle to stop him

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How Nigel Farage is flirting with Labour's most loyal voters - and the battle to stop him

For much of its history, the trade union movement’s main opponent has been the Conservative Party. But now it finds itself taking on a different type of adversary – one it might describe as a wolf in sheep’s clothing.

It began when Nigel Farage, known for being a staunch advocate of free trade and private markets, declined to criticise the Unite union for its bin strike in Birmingham, before calling for the nationalisation of British Steel following the near collapse of its plant in Scunthorpe.

The Reform UK leader has been sweet-talking the trade unions, speaking their language and brandishing their leaflets in public in what appears to his critics to be a new opportunistic strategy.

Farage’s courting of union members has alarmed the movement’s leaders – so much so that Sky News understands the executive of the Trades Union Congress (TUC), which represents unions across the country, has been holding meetings to draw up a strategy on how best to combat his appeal and more broadly, the far-right.

Over the weekend, as the two main parties were processing the battering they received in the local elections largely courtesy of Farage’s party, Unison’s general secretary Christina McAnea urged members of councils now controlled by Reform to join a union.

“Unions are there to ensure no one can play fast and loose with the law,” she said, after Farage threatened to sack staff working in areas such as diversity or climate change.

‘Political fraud’

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Paul Nowak, the general secretary of the TUC, has begun to step up his criticism of the former UKIP leader – accusing him of “cosplaying as a champion of working people”.

“He is not on the side of the working people,” he tells Sky News. “He’s on the side of bad bosses who want to treat staff like disposable labour.

“Unions will continue to expose him for the political fraud he is.”

At the moment, that campaign is largely focused on highlighting Farage’s voting record – in particular his decision to oppose the Employment Rights Bill, legislation unions say they have wanted for decades.

The bill offers protection from unfair dismissal from the first day of employment and sick pay for all workers from the first day of absence, among other measures.

The TUC says the bill is incredibly popular – and not just among Labour voters.

According to a poll it conducted of more than 21,000 people with campaign group Hope Not Hate, banning zero hours contracts is supported by more than seven in 10 UK voters – including two in three Reform voters from the 2024 election.

“People are going to find there are improvements to their life and work,” an insider tells Sky News. “We want them to understand who was for it, and who was against it.”

The TUC has also begun promoting videos on social media in which workers in the electric vehicle industry accuse Farage of threatening their jobs.

Farage’s response to the bill has been to claim that a clause within in that gives workers protection from third party harassment could herald the end of “pub banter”.

‘There has always been fellow feeling with unions’

But Gawain Towler, an ex-Reform press officer who has worked on and off for Farage for 20 years, insists his former boss isn’t against workers’ rights – he’s just opposed to Labour’s bill.

“Reform don’t see it as a workers rights’ bill – we think it takes away opportunities for work because it scares people away from employing people,” he says.

Nigel Farage reacts next to a local in Scunthorpe.
Pic: Reuters
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Nigel Farage campaigning during the local elections in Scunthorpe.
Pic: Reuters

He believes “mass migration” is the real obstacle to better wages and job security, and argues net zero policies are “costing union members their jobs”.

The government may point to a recent study suggesting the net zero sector has grown by 10% over the past year, supporting the equivalent of 951,000 full-time jobs.

For Farage’s allies, his courting of union members is neither disingenuous nor new.

“He’s anti-union management, he’s not anti-union,” says Towler, who noted Farage’s friendship with the late union leader and Brexit advocate Bob Crow.

“Nigel has always been a free trader, but he’s never been deeply partisan, which is why he was able to start the Brexit Party. There has always been that fellow feeling with unions.”

Indeed, on one issue, a commonality is emerging between Reform and the GMB union.

While general secretary Gary Smith has criticised Farage for being “soft on Russia” and for voting against the Employment Rights Bill, there is an agreement between the pair over the impact of net zero.

Those sceptical of the government’s plans for the green transition point to Port Talbot in Wales, where 2,500 workers are expected to lose their jobs, and Grangemouth, where the closure of Scotland’s last remaining oil refinery is expected to result in around 400 job losses.

Members of Unite union take part in a demonstration to protest at Petroineos plans to close Grangemouth oil refinery.
Pic: PA
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Members of Unite union protest at plans to close Grangemouth oil refinery.
Pic: PA

Although Unite has no common truck with Reform, it has warned there should be “no ban without a plan” when it comes to issuing new oil and gas licences.

‘Labour has one shot with workers’

For some unions, Labour’s position on certain issues has provided Reform with an opening.

There’s disappointment at some Labour policies in government – from partly watering down the Employment Rights Bill to stave off dissent from business leaders, to welfare cuts and offering below-inflation pay rises for public sector workers.

Gawain Little, the general secretary of the General Federation of Trade Unions, tells Sky News the party risks leaving “space open for fakers like Farage to come along and pretend they have people’s interests at heart”.

Only a sense that austerity is over, likewise the cost of living crisis, will truly “challenge” the Reform leader, he says.

One GMB member says Farage’s strategy is “from the same playbook” as right-wing parties in Europe, such as the AfD in Germany and Georgia Meloni’s Brothers of Italy.

By “continuously legitimising” Reform by talking tough on migration, union activists who usually get the word out for Labour have been left demoralised.

Farage on the picket line?

The current distance with some unions did not start in government. It began in opposition, when Labour refused to back workers who were on strike and when the party did not endorse some candidates put forward by some of the more left-wing unions.

But so far, sources in Labour have dismissed Farage’s tactics as just words – and believe his previous anti-union rhetoric will weigh against him when he tries to court votes.

In fact, Mr Farage’s calls for the renationalisation of steel have been interpreted as him “trying to jump on the bandwagon” of Labour’s success.

However, Damian Lyons Lowe, the founder of pollster Survation, spots danger for Labour if Farage is able to successfully tilt in the direction of workers’ rights – especially if the government finds itself unable to follow.

He says taking the side of unions in an industrial dispute over pay would be an example of a classic “wedge” strategy that Farage can deploy to back Labour into a corner.

Read more:
Why is it taking so long to settle the Birmingham bin dispute?
Tories ‘are not doing a deal with Reform,’ Kemi Badenoch insists

And given the government’s initial 2.8% pay offer to public sector workers is below that reportedly drawn up by the independent pay review body for NHS workers and teachers, there is the very real prospect this scenario could arise.

“It could pose a real threat to Labour,” Lyons Lowe says, with union members in “post-industrial” areas potentially receptive to a message of “protectionism, industrial revival, and national self-sufficiency”.

Could what started with Farage brandishing leaflets end up with him joining the picket line?

While one union insider doesn’t think Farage will ultimately convince union leaders, members may be tempted.

The Starmer government has “one shot to deliver for workers”, they warn.

“If they don’t, Farage and Reform are waiting in the wings.”

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New crypto bill draft seen to curb big crypto firm influence

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New crypto bill draft seen to curb big crypto firm influence

New crypto bill draft seen to curb big crypto firm influence

The new “Digital Asset Market Structure Discussion Draft” introduced by House Republicans on May 5 could work to reduce the dominance of large crypto firms and promote more participation in the broader market, according to an executive from Paradigm. 

The discussion draft, led by the House agricultural and financial services committee chairs Glenn Thompson and French Hill, is an “incremental, albeit meaningful, rewrite” of the Financial Innovation and Technology for the 21st Century Act (FIT21), Paradigm’s vice president of regulatory affairs Justin Slaughter said in a May 5 X post.

New crypto bill draft seen to curb big crypto firm influence
One-pager of the digital asset market structure discussion draft submitted by House Republicans on May 5. Source: US House Agriculture Committee

One of the major changes from FIT21 is that the draft defines an affiliated person as anyone who owns more than 1% of a digital commodity issued by the project — down from 5% in the FIT21 bill — a move Slaughter said may curb the influence of big crypto firms and lead to more participation in the crypto market.

“This is a portent of the entire bill. There are often criticisms of crypto being too dominated by a few large firms. This bill makes clear the regulatory regime proposed is going to push against that fact and strongly encourage more small-d ‘democratization’ of the space.”

The draft also defines a “mature blockchain system” as one that, together with its related digital commodity, is not under the “common control” of any person or group.

New crypto bill draft seen to curb big crypto firm influence
Source: Justin Slaughter

The Securities and Exchange Commission would be the main authority regulating activity on crypto networks until they become sufficiently decentralized, Slaughter noted.

The draft also clarified that decentralized finance trading protocols are those that enable users to engage in a financial transaction in a “self-directed manner.” Protocols that meet this criterion are exempt from registering as digital commodity brokers or dealers.

The draft also referred to digital commodities as “investment contract assets” to distinguish their treatment from stocks and other traditional assets under the Howey test.

According to Slaughter’s analysis, securities laws won’t be triggered unless the secondary sale of tokens also transfers ownership or profit in the underlying business.

Crypto firms would also have a path to raise funds under the SEC’s oversight while also having a “clear process” to register their digital commodities with the Commodity Futures Trading Commission, the committee members said in a separate May 5 statement.

Joint rulemaking, procedures, or guidelines related to crypto asset delisting must be established by the CFTC and SEC should a registered asset no longer comply with rules laid out by the regulators.

A ‘clear opportunity’ to advance crypto innovation, rules once and for all

Speaking about the need for a comprehensive crypto regulatory framework, the House committee members said crypto is a “clear opportunity” to advance innovation in the US — most notably through modernizing America’s financial infrastructure and reinforcing US dollar dominance.

The Republicans criticized the previous Biden administration and the Gary Gensler-led SEC for adopting a regulation-by-enforcement strategy rather than creating clear rules for market participants.

Related: VanEck files for BNB ETF, first in US

Many crypto firms were stuck in “legal limbo” as a result of the unclear rules, which pushed some industry players overseas, where clearer rules exist, the House committee members said.

“America needs to be the powerhouse for digital asset investment and innovation. For that to happen, we need a commonsense regulatory regime,” said Dusty Johnson, chairman of the subcommittee on commodity markets, digital assets and rural development.

Slaughter added: “This is the bill that will, finally, provide a clear regulatory regime on crypto that many have been calling for.”

Republicans already facing roadblocks over discussion draft

House Financial Services Committee Ranking Member Maxine Waters plans to block a Republican-led event discussing digital assets on May 6, a Democratic staffer told Cointelegraph.

The hearing, “American Innovation and the Future of Digital Assets,” is expected to discuss the new crypto markets draft discussion paper pitched by Thompson, Hill, and other committee members.

However, according to the unnamed Democratic staffer, the current rules require all members of the House Financial Services Committee to agree on such hearings.

Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

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