Labour warned not to become ‘1990s tribute act’ to Tony Blair by union chief
A union chief has warned Labour not to become a “1990s tribute act” to Tony Blair if it wins the next general election.
Sharon Graham, general secretary of Unite, said the party needed to be bolder with its economic policies if it wanted to make a difference for working people.
Writing in The Sunday Times, she said Britain was in a “very different place” to when the party last came to power in 1997 – when there was money to spend and the economy grew “without having to do much except keep their hands firmly on the tiller”.
She argued that a “light touch” approach would not work during the cost of living crisis that has left working people “existing and not living” and some of Labour’s flagship policies – like it’s “diminished Green New Deal” don’t go far enough.
“For working people to share in the spoils and avoid the pitfalls, the future will have to be negotiated,” she wrote.
“That means, consigning 1997 to the history books.”
Ms Graham called for “serious intervention underpinned by a strategic plan” – arguing bold policies like nationalising energy should be put on the table if Labour is “serious about changing society”.
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In a lengthy critique, she said refusing to tax wealth or excess profits and a lack of a coherent industrial plan were “all severely limiting Labour’s options” and economic reform was needed.
In a warning to Sir Keir Starmer, she said: “If Labour is intent on becoming a 1990s tribute act in an age where laissez faire does not belong, big questions will remain unanswered.
“Where will the money come from? What are we going to be left with? If it ends up being austerity by another name plus the hyping of comparatively small-scale investment, it won’t be an enticing prospect.
“Better than the other lot? For sure. But a government to lead Britain out of decline and make it work for everyday people? Probably not.”
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Ms Graham’s piece came after a shadow cabinet reshuffle saw those on the more Blairite wing of the party, including Liz Kendall, Pat McFadden and Shabana Mahmood, rewarded with promotions, while some associated with the soft left were purged.
Sir Keir’s spokesperson has denied acting ideologically, saying he has assembled a top team that is ready to govern if it wins the next election.
After more than a decade out of power, Sir Keir is hoping to become the first Labour prime minister to win at the ballot box since Tony Blair – who won two terms after his landslide victory in 1997.
He has sought to rebuild the party focusing on a more centrist style than his predecessor, Jeremy Corbyn, with a focus on fiscal Conservatism.
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Labour’s policies are likely to come under further scrutiny in the coming days, as unions convene in Liverpool for the annual TUC conference.
Issues being debated this week include employment rights and the cost of living crisis.
Writing in the Sunday Mirror, deputy Labour leader Angela Rayner promised the “biggest upgrade to workers’ rights in a generation”.
She said this included beefing up laws that ban firms from blacklisting union workers.
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Ms Rayner, who will give a speech at the TUC conference on Tuesday, wrote: “Blacklisting doesn’t just ruin livelihoods, it ruins lives. It’s a destructive practice that leaves people locked out of work, often facing poverty as a result.”
The government’s controversial anti-strikes bill is also expected to come under attack at the conference.
Officials say the new law, requiring minimum service levels during industrial action, is unnecessary and unworkable and will do nothing to resolve disputes.
Unions, including the RMT and Fire Brigade Union, will call for a legal challenge to the legislation during debates at the conference.
A planned settlement between the US Commodity Futures Trading Commission and crypto exchange KuCoin will likely be delayed after a policy shift at the CFTC to deprioritize cases against crypto companies under the Trump administration.
CFTC attorney John Murphy submitted a letter on April 21 to District Judge Valerie Caproni, asking for more time to secure approval for a deal negotiated under the Biden administration, reported Law360.
“It appears unlikely that such authorization will be granted in the near term,” he said, referencing a recent statement by acting CFTC Chair Caroline Pham that the agency’s enforcement division was to deprioritize cases against crypto companies.
The CFTC charged KuCoin with “multiple violations of the Commodity Exchange Act (CEA) and CFTC regulations” in March 2024.
According to the Justice Department, which also filed charges against KuCoin and two founders for violating Anti-Money Laundering laws, the exchange received more than $5 billion and sent more than $4 billion in “suspicious and criminal funds.”
KuCoin, trading under Mek Global Limited, reached a $297 million settlement with the Department of Justice in January and agreed to exit the US market for at least two years.
In December, the CFTC and KuCoin informed the court that they reached an agreement in principle to settle the case, however terms and details of the proposed deal were not disclosed.
In March, KuCoin asked the judge for a 14-day stay to address further negotiations in line with President Trump’s executive order curtailing enforcement actions against the digital asset industry. However, this request was denied, with the judge pressing for negotiation status updates.
No majority at CFTC
When Pham announced in February that the Commission would wind down its practice of regulation by enforcement, she also noted that terminating active cases would be more difficult to deal with.
The CFTC needs a majority to dismiss a case or authorize its settlement, and there is currently no majority, with two members from each party sitting on its governing body.
This could change if the Senate confirms the appointment of Trump nominee Brian Quintenz to lead the financial regulator.
Both parties have requested an additional 60 days or until the Commission provides “definitive direction” on the matter.
Related: US regulators FDIC and CFTC ease crypto restrictions for banks, derivatives
On April 21, the CFTC’s Divisions of Market Oversight issued a request for comment to better inform them on the potential uses, benefits, and risks of perpetual contracts in derivatives markets.
“Innovation and new technology have created a renaissance in markets that presents new opportunities that are accessible to more people, as well as risks,” said Pham.
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Politics
Starmer and Zelenskyy discuss ending Russia’s ‘brutal war’ – as Putin says says he is open to bilateral talks on longer ceasefire
Sir Keir Starmer and Volodymyr Zelenskyy spoke about ending Russia’s “brutal war” on Ukraine in their latest phone call on Easter Monday, as Vladimir Putin said he was open to bilateral talks.
The prime minister and Ukrainian president spoke on Monday afternoon, when Sir Keir “reiterated his iron-clad support for Ukraine“.
A Downing Street spokesperson added that the prime minister “said that the UK supports Ukraine’s calls for Russia to commit to a full ceasefire and that now is the time for Putin to show he is serious about ending his brutal war”.
“They discussed the latest developments on the Coalition of the Willing, and looked forward to further progress towards a just and lasting peace,” the spokesperson added.
Mr Zelenskyy later said on social media that he had a “good and detailed conversation” with the prime minister, and added Ukrainian officials will be in London for talks on ending the war with Russia on Wednesday.
“We are ready to move forward as constructively as possible, just as we have done before, to achieve an unconditional ceasefire, followed by the establishment of a real and lasting peace,” he added.
The Ukrainian president added that the 30-hour Easter truce, which both Kyiv and Moscow accuse the other of violating, showed that Russia “are prolonging the war”.
It comes as Mr Putin proposed bilateral talks with Ukraine on a longer ceasefire, which would mark the first time Russia held such talks since a failed peace deal soon after the invasion in 2022.
Speaking to a state TV reporter, the Russian president said: “We always have a positive attitude towards a truce, which is why we came up with such an initiative (the Easter truce), especially since we are talking about the bright Easter days.”
When asked about Mr Zelenskyy’s calls to extend the 30-hour ceasefire into a 30-day pause on civilian targets, he added: “This is all a subject for careful study, perhaps even bilaterally. We do not rule this out.”
The Ukrainian president said on Sunday evening that the Russian army had “violated Putin’s ceasefire more than 2,000 times” during the day, and accused Russia of “failing” to “uphold its own promise of a ceasefire”.
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From Saturday: Why Putin offered an Easter truce?
It also comes after Donald Trump has said he hopes Russia and Ukraine “will make a deal this week,” after he and his secretary of state Marco Rubio warned that the US will walk away from efforts to broker a peace deal unless there are clear signs of progress soon.
The US president said on his Truth Social platform that both countries would “start to do big business” with the US after ending the war.
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Last month, Ukraine accepted Mr Trump’s proposal for a 30-day truce, but Mr Putin refused to back a full 30-day ceasefire, saying crucial issues of verification had not been sorted out.
He then said he would agree not to target Ukraine’s energy infrastructure. However, both sides have accused each other of breaking the moratorium on attacks on energy targets and at sea.
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