Yet Mick’s union the RMT isn’t even affiliated to the Labour Party, while Sharon’s Unite is one of the party’s biggest donors.
Sir Keir Starmer breezes into blowy Liverpool on day two of the TUC conference to attend the traditional gala dinner for shadow cabinet ministers and the TUC’s general council, mostly the leaders of the big unions.
Mick’s predecessor, the loud, no-nonsense left-winger Bob Crow – who stormed out of a TUC speech by Sir Tony Blair some years ago, always used to boycott the dinner, declaring that he was “going down the pub” instead.
But savvy Mick, the thinking man’s Bob Crow, is going. It seems he’s not one to turn down a free dinner. He’s also not the sort to miss the opportunity to put his point of view to the Labour leader or any other senior politician.
But Sharon, who since her election as Unite general secretary in late 2021 has made a point of avoiding the kind of political scheming of her extrovert predecessor Len McCluskey, is not going to the dinner.
She’ll be busy dealing with an industrial dispute on Monday evening, she told Sky News. Probably just as well, after her “1990s tribute act” attack on Sir Keir in a provocative Sunday Times article.
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According to insiders, Sir Keir and his deputy Angela Rayner, who makes the big set-piece speech on behalf of the Labour Party at the TUC on Tuesday morning, have put Sharon “on the naughty step” after her frequent criticisms of the Labour leadership.
She did reveal to Sky News in an interview, however, that she’s meeting Sir Keir next week, ahead of Labour’s conference next month. So relations can’t be all that bad.
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Despite their differing dining arrangements, both Mick and Sharon will be leading players in the debates at the TUC conference over the next few days.
The RMT leader is leading the unions’ fight against the government’s Strikes (Minimum Service Levels) Act, which received Royal Assent at the end of July.
He told Sky News there are no new rail strikes planned at the moment. But, he said, if the employers, the Rail Delivery Group which represents the train companies, don’t come up with a new offer soon, there will be.
Image: Sharon Graham of UNITE
What’s the betting those new strikes with coincide with the Conservative Party conference, which takes place between 1 and 4 October? Don’t forget, that’s more or less when hospital consultants are going on strike. They’re walking out on between 2 and 5 October.
Broken Britain, anyone?
Sharon may not be joining Sir Keir, Mick and the other diners at the TUC feast, but the Unite leader will be active in the conference hall, leading the demands for re-nationalisation of energy companies in a debate on Monday.
In her Sunday Times article, she also called for wealth taxes – rejected by shadow chancellor Rachel Reeves – and taxes on what she called “excessive” business profits.
The conference began on Sunday afternoon with stirring speeches by two other senior union leaders, Christina McAnea of Unison and Paul Serwotka of the civil service union PCS.
He talked powerfully about “broken Britain”, though he was referring to crumbling concrete in schools and escaping prisoners rather than strikes by trade unions!
Image: Mick Lynch is leading the unions’ fight against the government’s Strikes (Minimum Service Levels) Act
The TUC’s new general secretary, the affable scouser Paul Nowak, earlier announced a move to report the government to the United Nations workers’ rights watchdog, the International Labour Organisation (ILO) over what he called the government’s “pernicious” anti-strike laws.
Not sure that move will have Tory ministers quaking in their boots. After all, isn’t the ILO just a talking shop? To be fair, though, the TUC chief claimed in a Sky News interview that unions have won significant legal battles against the government in the past.
This could be the last TUC conference before a general election which Labour are favourites to win, Christina McAnea predicted in her speech on funding public services, although realistically the election conference is more likely to be just before the election.
If she’s right, there could be a mood celebration at next year’s general council dinner. Although his union is not affiliated to Labour, the RMT’s Mick will probably be there.
And who knows, perhaps Unite’s Sharon – if she’s no longer on the naughty step – will join him at the top table.
With Do Kwon scheduled to be sentenced on Thursday after pleading guilty to two felony counts, a US federal judge is asking prosecutors and defense attorneys about the Terraform Labs co-founder’s legal troubles in his native country, South Korea, and Montenegro.
In a Monday filing in the US District Court for the Southern District of New York, Judge Paul Engelmayer asked Kwon’s lawyers and attorneys representing the US government about the charges and “maximum and minimum sentences” the Terraform co-founder could face in South Korea, where he is expected to be extradited after potentially serving prison time in the United States.
Kwon pleaded guilty to two counts of wire fraud and conspiracy to defraud in August and is scheduled to be sentenced by Engelmayer on Thursday.
In addition to the judge’s questions on Kwon potentially serving time in South Korea, he asked whether there was agreement that “none of Mr. Kwon’s time in custody in Montenegro” — where he served a four-month sentence for using falsified travel documents and fought extradition to the US for more than a year — would be credited to any potential US sentence.
Judge Engelmayer’s questions signaled concerns that, should the US grant extradition to South Korea to serve “the back half of his sentence,” the country’s authorities could release him early.
Kwon was one of the most prominent figures in the crypto and blockchain industry in 2022 before the collapse of the Terra ecosystem, which many experts agree contributed to a market crash that resulted in several companies declaring bankruptcy and significant losses to investors.
The sentencing recommendation from the US government said that Kwon had “caused losses that eclipsed those caused” by former FTX CEO Sam Bankman-Fried, former Celsius CEO Alex Mashinsky and OneCoin’s Karl Sebastian Greenwood combined. All three men are serving multi-year sentences in federal prison.
Will Do Kwon serve time in South Korea?
The Terraform co-founder’s lawyers said that even if Engelmayer were to sentence Kwon to time served, he would “immediately reenter pretrial detention pending his criminal charges in South Korea,” and potentially face up to 40 years in the country, where he holds citizenship.
Thursday’s sentencing hearing could mark the beginning of the end of Kwon’s chapter in the 2022 collapse of Terraform. His whereabouts amid the crypto market downturn were not publicly known until he was arrested in Montenegro and held in custody to await extradition to the US, where he was indicted in March 2023 for his role at Terraform.
South Korean authorities issued an arrest warrant for Kwon in 2022, but have not had him in custody since the collapse of the Terra ecosystem. The country’s prosecutors applied to extradite Kwon from Montenegro simultaneously with the US, while they were pursuing similar cases against individuals tied to Terraform.
The UK’s Financial Conduct Authority (FCA), the watchdog overseeing the country’s financial sector, has released proposals as part of its strategy to “boost UK investment culture,” and is asking for help from the crypto industry.
In discussion and consultation papers released on Monday, the FCA asked crypto companies to provide feedback on proposals aimed at “expanding consumer access to investments” and amending rules for “client categorization and conflicts of interest.”
The discussion paper noted that “virtually all of the underperformance on high [digital engagement practices] apps could be attributed to trading in cryptoassets and [contracts for difference.” The proposal highlighted potential risks for consumers using “cryptoasset proxies” without investment limits, warnings, or “appropriateness tests.”
In its consultation paper, the UK watchdog proposed:
“We will also add guidance that a personal investment history mainly in speculative high risk or leveraged products or crypto assets is not usually an indicator of professional capability, unless there is strong evidence that the client meets the threshold of a professional client from other Relevant Factors, including the client’s ability to bear potential losses.”
According to the watchdog, the proposed changes would streamline the FCA’s existing guidelines and were part of a strategy to potentially “remove some arbitrary tests and give firms more responsibility to get it right.”
Companies that advised clients on or sold digital assets were asked to provide responses to the recommendations by February and March.
Slow and steady advances toward policies that favor cryptocurrency
The UK has been a significant hub for crypto companies doing business outside the United States, which, until the about-face on regulation and enforcement under US President Donald Trump, many industry leaders said that they considered an uncertain regulatory environment.
In December, the UK government passed a law treating digital assets as property, improving clarity on cryptocurrencies like Bitcoin (BTC) in cases such as the recovery of stolen goods or insolvency.
With the market steadily growing in the country, the government was reportedly considering a ban on crypto donations to political parties.
A nationwide grooming gangs inquiry must “leave no stone unturned”, Kemi Badenoch has said as the Conservatives urged the government to ensure ethnicity and religious background are taken into account.
Ms Badenoch and shadow home secretary Chris Philp, appearing alongside a survivor and two parents of survivors/victims, called on the government to adopt draft terms of reference for the inquiry drawn up by the Conservatives with help from some grooming gangs victims and survivors.
The Tory leader said her party is willing to work alongside the government, and an inquiry needs to be undertaken on a cross-party basis as it is ultimately about the survivors, victims and their families.
The Conservatives’ terms of reference include ensuring the inquiry examines the ethnicity and religious background of offenders, a two-year time limit and a focus on extra-familial abuse.
They also want it to forward evidence to police and prosecutors where criminality is indicated.
In June, the government announced it would be launching a national inquiry into grooming gangs, representing a U-turn after previously accusing Reform and the Conservatives of jumping on a far-right bandwagon when they called for one earlier in the year after Labour announced five local inquiries.
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‘I’d wake up with really bad bruises’
But a national inquiry has been delayed by rows about its scope, while both shortlisted chair candidates withdrew their candidacy following criticism by survivors of their careers as a police chief and a social worker.
A group of women also quit the inquiry’s victim liaison panel – one who was present with the Tories on Monday – as they accused the government of attempting to widen the inquiry’s remit to consider other forms of child sexual abuse.
Ms Badenoch said: “I want to be clear that a national inquiry must leave no stone unturned.
“It must investigate councils, the police and even the government if necessary.
“It must be time-limited, and it must consider the role of ethnicity, religion and other cultural factors.
“Baroness (Louise) Casey’s own report admitted that many of these cases are committed by people of Asian and Pakistani ethnicities.
“Her own report said that those who downplay the ethnicity of perpetrators are continuing to let down society, local communities and the victims. We agree.
“As I said, I have spoken to many survivors. We are speaking on their behalf.
“Their lives and their families’ lives have been turned upside down, so separate to this inquiry, the government must act now to ensure that they and their families are supported so they can heal.”
No political party owns high ground on this matter
Fiona Goddard was close to tears when she told me on Monday that pulling out of the grooming gang inquiry panel was “the most difficult decision of my life”.
The survivor of child sexual abuse in Oldham has spent years campaigning for a national inquiry – but sacrificed her chance to play a part in it because she felt it was moving in the wrong direction and broadening its scope.
The government insists that its scope has not changed, but time has marched on since two candidates to chair the inquiry pulled out in October, and the opposition has stepped into the void – offering their own version of what the inquiry should look like.
However, Kemi Badenoch’s call that “no stone should be left unturned” was reminiscent of her own party’s pledge in December 2018 when then Home Secretary Sajid Javid promised to investigate the ethnicity of grooming gangs with exactly the same words.
The subsequent review published in 2020 found that most group-based child abusers were white but also revealed the lack of data being collected on ethnicity, which the Conservatives promised to improve.
Five years on, Louise Casey criticised the lack of data in her rapid review published earlier this year.
Asked if her own government had done enough, the leader of the opposition pointed to initiatives but added, “We didn’t know everything we know now”.
The truth is, no political party owns the high ground on this matter – just as Fiona Goddard is first to say that no one survivor can speak for everyone.
There is division about how this inquiry moves forward, and there’s no evidence of political parties working together to bring unity.
What it needs more than anything is an independent chair who can pull it out of the hands of politicians.
Baroness Casey, known as a Whitehall troubleshooter, having worked on social issues for successive prime ministers since Tony Blair, is assisting with setting up the inquiry, but acknowledged it could now be “months” before a chair was appointed.
Fiona Goddard, one of the survivors who left the inquiries’ liaison panel, backed the Conservatives’ proposals as she said she had “lost faith in the ability of the government to make more meaningful progress”.
Mr Philp said a two-year time limit on the inquiry is essential as he said: “It can’t drag on for years and years.”
He said the Tories were being “constructive” and that dual nationals found to have been involved in grooming should have their British citizenship removed and be deported “with no exceptions”.
A Labour Party spokesman said: “The Conservatives’ record on this issue is clear: they had years to take action on this appalling scandal, yet time and time again they failed to do so.
“This Labour government accepted all the recommendations from Baroness Casey’s report and we are committed to a full, statutory, national inquiry to uncover the truth.
“It will be robust, rigorous and laser-focused on grooming gangs, and its scope will not change.
“The inquiry will direct and oversee local investigations, with the power to compel witnesses and summon evidence. And it will explicitly examine the background, ethnicity and culture of offenders.”