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Tomorrow is the first real test of how bold Labour are prepared to go in this conference season – possibly the last before the general election.

Two hundred miles north of Westminster in Liverpool, the party’s deputy leader Angela Rayner will tell the Trades Union Congress about plans to strengthen workers’ rights and union rights, which in the past has been one of the most kinetic and controversial parts of Labour’s policy agenda.

The tone she takes, the content she emphasises and the measures she includes – and leaves out – will reveal much about whether, behind the scenes, Labour is really as confident as it wants to project.

Should Labour choose, this could be one of the most fundamental diving lines of the next election and a key part of Labour’s template for change – opening clear red water between them and the Tories and nudging the national consensus towards workers and away from employers after 13 years of drift in the other direction under Tory rule.

It includes the first steps in the return to mass collective bargaining and a new right to ignore bosses at weekends.

Yet the spin from the top is reassurance, not revolution.

“We want a return to a New Labour settlement on trade union laws. This is about a new working partnership with the unions,” a Labour source told Sky News.

“The New Labour settlement – which had near zero strikes – is our aim,” they added – language designed to appeal to business leaders not appease union barons.

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Unite union boss Sharon Graham defends her ’90s tribute act’ criticism of Labour

Others worry some parts of Sir Keir Starmer’s regime appear more than happy to form an alliance with the most truculent left wing Labour union, Unite, to imply this whole agenda was watered down just before the summer at the National Policy Forum discussions between party figures and trade unions.

Anything that jeopardises the headline priority – growth – and impedes improving relations with the unions, is not a priority, they believe.

Yet this all comes at a cost.

“I do worry we’re not prepared to be exciting enough,” said one member of the shadow cabinet wanting the party to go big on the rights agenda.

While some changes to water down the agenda were indeed made pre-summer, and a couple of policy details softened, the vast swathe obtained by Sky News suggests a more meaty agenda than many realise – including a bill promised in the first 100 days of government.

Sky News understands the overall package includes:

• Gradual return of collective bargaining through ‘Fair Pay Agreements’

This is potentially the most far reaching and controversial change, with Labour naming social care – a sector it believes is in massive crisis – as the first sector it intends to target for a new system.

New bodies would negotiate minimum terms and conditions binding on all employees in a sector. This could mean some sectors could have a higher minimum level of pay than the minimum wage. The agreements could cover pay, pensions, working time, holidays, health and safety and training.

Labour concedes this will take time – “we need to get the architecture right” – and that this will not be right for many bits of the economy.

• Ban fire and rehire

At the moment businesses are meant to make contractual changes to employees’ working conditions through agreement but they currently have the right to do so unilaterally by terminating their contracts and re-hiring them on new ones.

This is designed to be used only in “exceptional” circumstances only but Labour says it’s being abused. Labour has committed to outlawing this practice by “adapting unfair dismissal and redundancy legislation to prevent workers being dismissed for failing to agree to a worse contract”.

• ‘Day 1’ employment rights

At the moment, the law leaves workers waiting up to two years to access some of their rights. Labour says it will end this “arbitrary” system and scrap qualifying time for basic rights, such as unfair dismissal, sick pay, and parental leave.

Labour is keen to stress this is not a two-year ban on dismissal and would not impact anyone being given a probationary period by their employer.

• Ban on ‘exploitative’ zero hours contracts

This will give employees the right to request a contract reflecting the hours they work after they have been there for 12 weeks. Workers will have a right to decline to use this right. Labour says some details still need to be worked through on how to do this, and this is one of the areas where the provisions have been watered down before the summer.

• Repeal of 2016 Cameron and 2022 Sunak anti-union legislation

Labour says this will rewind the clock to the 2010 settlement on trade union laws. The 2016 Trade Union Act introduced a new requirement of 50% of union members to vote in a ballot for strike action.

It would also change the laws to allow strikes by electronic ballot rather than on paper, which the party argues brings it in line with how the Conservative Party elects its leader.

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• Right to switch off

Labour said last year it would bring in a “right to switch off” so working from home does not become homes turning into 24/7 offices.

Labour says it is looking at Belgium, where from April companies with 20+ employees must have a written document setting out a policy on the right to disconnect. It’s looking at Italy too, where “smart workers” whose job takes place partially off premises must have a written agreement where bosses “specify technical and organisational measures” so workers have a “right to disconnect from company devices”. And Ireland also has a new code of practice.

However, Labour is clear this does not mean you can “never” speak to employees outside working hours, and points to evidence that overseas, these new rights are not a regular feature of tribunals. In Ireland, for instance, the code has meant employees are adding disclaimers to their emails explaining they don’t expect an urgent response.

Read more:
Starmer’s vision ‘not bold enough’
Labour issues attack ad over school concrete scandal

• Minimum wage

Last year Labour called for the minimum wage to be a minimum of £10 per hour. However, the government raised the rate from April to £10.42 for over 23s from £9.50 so Labour may up the ante this conference season. Labour has previously said it would ban unpaid internships except when they are part of an education or training course.

Labour leader Sir Keir Starmer and deputy Labour Party leader Angela Rayner board a train to Selby, North Yorkshire at Kings Cross station in London to meet with newly elected MP Keir Mather after his success in the Selby and Ainsty by-election. Picture date: Friday July 21, 2023.

The Tories are desperate to give this agenda the highest profile possible, and expected to go further tightening strike laws in the coming days. It wants to implement anti-strike laws passed last year making unions responsible for minimum levels of workforce in certain sectors, and need to pass secondary legislation to make this work. This is a fight that it wants. Will Labour let the Tories have it by leaning into the issue from tomorrow?

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‘Will the PM side with parents or tech bros?’: Labour peer demands action on children’s smartphone safety

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'Will the PM side with parents or tech bros?': Labour peer demands action on children's smartphone safety

Sir Keir Starmer needs to choose between parents who want stronger action to tackle harmful content on children’s phones, or the “tech bros” who are resisting changes to their platforms, Baroness Harriet Harman has said.

Speaking to Beth Rigby on Sky News’ Electoral Dysfunction podcast, the Labour peer noted that the prime minister met with the creators of hit Netflix drama Adolescence to discuss safety on social media, but she questioned if he is going to take action to “stop the tech companies allowing this sort of stuff” on their platforms where children can access it.

Sir Keir hosted a roundtable on Monday with Adolescence co-writer Jack Thorne and producer Jo Johnson to discuss issues raised in the series, which centres on a 13-year-old boy arrested for the murder of a young girl, and the rise of incel culture.

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The aim was to discuss how to prevent young boys being dragged into a “whirlpool of hatred and misogyny”, and the prime minister said the four-part series raises questions about how to keep young people safe from technology.

Sir Keir has backed calls for the four-part drama to be shown in all schools across the country, but Baroness Harman questioned what is going to be achieved by having young people simply watch the show.

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Sir Keir Starmer held a roundtable with the creators of the Adolescence TV drama.

“Two questions were raised [for me],” she said. ” Firstly – after they’ve watched it, what is going to be the discussion afterwards?

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“And secondly, is he going to act to stop the tech companies allowing this sort of stuff to go online into smartphones without protection of children?

“Because if the tech companies wanted to do this, they could actually protect children. They can do everything they want with their tech.”

She acknowledged there are “very big public policy challenges” in this area, but added of the prime minister: “Is he going to side with parents who are terrified and want this content off their children’s phones, or is he going to accept the tech bros’ resistance to having to make changes?”

Harriet Harman said the government should impose time limits on inquiries
Image:
Baroness Harriet Harman

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Can parliament keep up?

The Labour peer backed the Conservative Party’s call for a ban on smartphones in schools to be mandated from Westminster, saying it would “enable all schools not to have a discussion with their parents or to battle it out, but just to say, this is the ruling” from central government, which Ofsted would then enforce.

“I’m sensitive to the idea that we shouldn’t constantly be telling schools what to do,” she continued. “And they’ve got a lot of common sense and a lot of professional experience, and they should have as much autonomy as possible.

“But perhaps it’s easier for them if it’s done top down.”

Baroness Harman also questioned the speed with which parliament is actually able to legislate to deal with the very rapid development of new technologies, and posits that it could “change its processes to be able to legislate in real time”.

She suggested that a “powerful select committee” of MPs could be established to do that, because “otherwise we talk about it, and then we’re not able to legislate for 10 years – by which time that problem has really set in, and we’ve got a whole load more problems”.

On the podcast, the trio also discussed the 10% tariffs imposed on the UK by Donald Trump and the government’s efforts to strike a trade deal with the US to mitigate the impact of the levy.

The government has refused to rule out scrapping the Digital Services Tax, a 2% levy on tech giants’ revenues in the UK, as part of the negotiations with the Trump administration – a move Baroness Harman said would be “very heartbreaking”.

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Bakkt investors file class-action lawsuit after loss of Webull, BoA contracts

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Bakkt investors file class-action lawsuit after loss of Webull, BoA contracts

Bakkt investors file class-action lawsuit after loss of Webull, BoA contracts

A group of investors with cryptocurrency custody and trading firm Bakkt Holdings filed a class-action lawsuit alleging false or misleading statements and a failure to disclose certain information.

Lead plaintiff Guy Serge A. Franklin called for a jury trial as part of a complaint against Bakkt, senior adviser and former CEO Gavin Michael, CEO and president Andrew Main, and interim chief financial officer Karen Alexander, according to an April 2 filing in the US District Court for the Southern District of New York.

The group of investors allege damages as the result of violations of US securites laws and a lack of transparency surrounding its agreement with clients: Webull and Bank of America (BoA).

Law, Investments, United States, Bakkt

April 2 complaint against Bakkt and its executives. Source: PACER

The loss of Bank of America and Webull will result “in a 73% loss in top line revenue” due to the two firms making up a significant percentage of its services revenue, the investor group alleges in the lawsuit. The filing stated Webull made up 74% of Bakkt’s crypto services revenue through most of 2023 and 2024, and Bank of America made up 17% of its loyalty services revenue from January to September 2024.

Related: Bakkt names new co-CEO amid re-focus on crypto offerings

Bakkt disclosed on March 17 that Bank of America and Webull did not intend to renew their agreements with the firm ending in 2025. The announcement likely contributed to the company’s share price falling more than 27% in the following 24 hours. The investors allege Bakkt “misrepresented the stability and/or diversity of its crypto services revenue” and failed to disclose that this revenue was “substantially dependent” on Webull’s contract.

“As a result of Defendants’ wrongful acts and omissions, and the precipitous decline in the market value of the Company’s securities, Plaintiff and other Class members have suffered significant losses and damages,” said the suit.

Other law offices said they were investigating Bakkt for securities law violations, suggesting additional class-action lawsuits may be in the works. Cointelegraph contacted Bakkt for a comment on the lawsuit but did not receive a response at the time of publication.

Prices affected by Trump Media reports

Bakkt’s share price surged roughly 162% in November 2024 after reports suggested that then-US President-elect Donald Trump’s media company was considering acquiring the firm. As of April 2025, neither company has officially announced a deal.

Shares in Bakkt (BKKT) were $8.15 at the time of publication, having fallen more than 36% in the previous 30 days.

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Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

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Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive.

While the US is home to Bitcoin (BTC) mining manufacturing firms such as Auradine, it’s still “not possible to make the whole supply chain, including materials, US-based,” Kristian Csepcsar, chief marketing officer at BTC mining tech provider Braiins, told Cointelegraph.

On April 2, Trump announced sweeping tariffs, imposing a 10% tariff on all countries that export to the US and introducing “reciprocal” levies targeting America’s key trading partners.

Community members have debated the potential effects of the tariffs on Bitcoin, with some saying their impact has been overstated, while others see them as a significant threat.

Tariffs compound existing mining challenges

Csepcsar said the mining industry is already experiencing tough times, pointing to key indicators like the BTC hashprice.

Hashprice — a measure of a miner’s daily revenue per unit of hash power spent to mine BTC blocks — has been on the decline since 2022 and dropped to all-time lows of $50 for the first time in 2024.

According to data from Bitbo, the BTC hashprice was still hovering around all-time low levels of $53 on March 30.

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Bitcoin hashprice since late 2013. Source: Bitbo

“Hashprice is the key metric miners follow to understand their bottom line. It is how many dollars one terahash makes a day. A key profitability metric, and it is at all-time lows, ever,” Csepcsar said.

He added that mining equipment tariffs were already increasing under the Biden administration in 2024, and cited comments from Summer Meng, general manager at Chinese crypto mining supplier Bitmars.

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Source: Summer Meng

“But they keep getting stricter under Trump,” Csepcsar added, referring to companies such as the China-based Bitmain — the world’s largest ASIC manufacturer — which is subject to the new tariffs.

Trump’s latest measures include a 34% additional tariff on top of an existing 20% levy for Chinese mining imports. In response, China reportedly imposed its own retaliatory tariffs on April 4.

BTC mining firms to “lose in the short term”

Csepcsar also noted that cutting-edge chips for crypto mining are currently massively produced in countries like Taiwan and South Korea, which were hit by new 32% and 25% tariffs, respectively.

“It will take a decade for the US to catch up with cutting-edge chip manufacturing. So again, companies, including American ones, lose in the short term,” he said.

Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec

Source: jmhorp

Csepcsar also observed that some countries in the Commonwealth of Independent States region, including Russia and Kazakhstan, have been beefing up mining efforts and could potentially overtake the US in hashrate dominance.

Related: Bitcoin mining using coal energy down 43% since 2011 — Report

“If we continue to see trade war, these regions with low tariffs and more favorable mining conditions can see a major boom,” Csepcsar warned.

As the newly announced tariffs potentially hurt Bitcoin mining both globally and in the US, it may become more difficult for Trump to keep his promise of making the US the global mining leader.

Trump’s stance on crypto has shifted multiple times over the years. As his administration embraces a more pro-crypto agenda, it remains to be seen how the latest economic policies will impact his long-term strategy for digital assets.

Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29

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