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Angela Rayner declared the battle to win over voters at the next general election is “getting started” as she revealed Labour’s vision to boost workers’ rights.

In a speech at the TUC conference in Liverpool, Labour’s deputy leader gave a “cast iron commitment” to push through an employment rights bill within 100 days of entering office if the party win the keys to Downing Street.

The New Deal for Working People would include protections against unfair dismissal, a ban on zero-hour contracts, more flexible working and ending fire and rehire (when an employer fires an employee and offers them a new contract on new, often less favourable terms).

Ms Rayner said: “I come here with one message today, that the next Labour government will build an economy that works for working people, with a new deal for working people.

“Labour will start by bringing forward an employment rights bill to legislate for this within the first 100 days of entering office. That’s a cast iron commitment.”

Reaction to Rayner’s vision – politics latest

Ms Rayner also promised to repeal the government’s “vicious” anti-trade union laws, such as its controversial minimum service levels bill.

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She said the legislation – which requires minimum levels of service during a strike – is a “spiteful and bitter attack that threatens nurses with the sack”.

“Strike is a last resort but a fundamental freedom that must be respected,” she told the conference.

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Ms Rayner said a Labour government would “update trade union laws to make them fit for the 21st century” – adding that “for too long they have failed to keep up with the hard reality of the ground”.

Measures she announced include a ban on the “blacklisting” of union reps and workers, expanding the role of unions to allow for more collective bargaining on pay and conditions, giving unions a legal right to access workplaces and raising the living wage.

Conservative Party chairman Greg Hands claimed the speech showed the “mask has slipped” – and despite promises from Sir Keir Starmer to be pro-business, “his deputy leader is committing to Labour’s union paymasters that they will have more control over Britain’s economy”.

But Ms Rayner insisted that Labour’s New Deal is not only good for workers but “good for the economy and for businesses”.

She said Labour would work with both trade unions and businesses to make the bill work, adding: “A healthier, happier and motivated workforce is good for the bottom line.”

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Graham defends Labour comments

Ms Rayner’s appearance at the TUC conference comes after some unions questioned Labour’s commitment to workers’ rights and accused the party of not being bold enough.

In an apparent nod to that criticism, she ended her speech in calling for unity among the movement to get Labour into power.

She declared: “The battle for the general election is getting started and it’s not going to be easy. This country can’t survive another five years of Tory rule.

“There is no doubt that Labour has to win but to get this victory we have to come together, stand together and campaign side by side.

“And we need your help to get the word out about the New Deal for Working People.”

Read more:
Could traditional Tory voters turn away from the party?
Rayner admits wishing she could kick vaping habit

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Govt reported to UN over ‘anti-strikes’ bill

‘Biggest upgrade of workers’ rights in a generation’

The message was well received by Paul Nowak, the general secretary of the TUC, who said Labour’s New Deal “would be the biggest upgrade in workers’ rights in a generation”.

He said: “Labour’s transformative New Deal for Working People stands in stark contrast to the Tories’ dire record on workers’ rights and pay.

“The Conservatives have presided over an explosion in insecure work and the longest pay squeeze in modern history.

“And they are now launching a full-scale attack on the right to strike.

“The country desperately needs a fresh start. British voters across the political spectrum want more security and fairer treatment at work.

“Make no mistake. Implementing the New Deal would be the biggest upgrade in workers’ rights in a generation.”

However Sharon Graham, leader of Unite, stood by her comments earlier this week in which she warned the party not to be a “1990s tribute act” to the Blair years.

She said that while the country would “no doubt be better off” with a Labour government, “Britain is hurting and Labour needs to be bold”.

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CFTC’s Caroline Pham confirms push to greenlight leveraged crypto trading in US

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CFTC’s Caroline Pham confirms push to greenlight leveraged crypto trading in US

Acting Chair of the US Commodity Futures Trading Commission (CFTC) Caroline Pham is in talks with regulated US crypto exchanges to launch leveraged spot crypto products as early as next month.

In a Sunday X post, Pham confirmed that she is pushing to allow leveraged spot crypto trading in the US and that she is in talks with regulated US crypto exchanges to launch leveraged crypto spot products next month.

Pham also confirmed that she continued meeting with industry representatives despite the government shutdown. The regulator is also currently considering issuing guidance for leveraged spot crypto products.

The news comes after the CFTC launched an initiative in early August to enable the trading of “spot crypto asset contracts” on exchanges registered with the regulator. In an announcement at the time, Pham invited comment on the rules that governed “retail trading of commodities with leverage, margin, or financing.”

According to the Federal Register, the Commodity Exchange Act “provides that a retail commodity transaction entered into with a retail person which is executed on a leveraged or margined basis” is “subject to the Commission’s jurisdiction, unless the transaction results in actual delivery of the commodity within 28 days of the transaction.” Consequently, leveraged crypto spot positions would only be allowed if their duration were limited to 28 days or they would be illegal.

Related: Republican Senator Says There’s a Small Time Frame for Passing Crypto Bill

Crypto pushes forward despite shutdown

A US government shutdown occurs when Congress fails to pass an annual spending bill or a short-term continuing resolution, blocking much of the federal government’s spending. In such situations, non-essential services are paused, some workers are furloughed, and others work without pay.

The current shutdown started on Oct. 1. However, Sunday reports suggest that the shutdown is likely nearing its end as the Senate moves to consider a continuing resolution to fund the government.

CFTC, United States, Cryptocurrency Exchange
The US Capitol, housing the US Congress. Source: Wikimedia

Related: Michael Selig Confirms CFTC Nomination, but Questions Linger

The report follows speculation about the impact of the government shutdown on progress in US crypto regulation. Early October reports noted that the SEC began its shutdown by announcing that it would “not engage in ongoing litigation,” except for emergency cases.

Despite this, at the end of October, many US senators reportedly moved to advance a bill on crypto market structure rules, despite the shutdown. Reports from earlier this month also suggest that meetings on the bill are still taking place in the US Senate despite the shutdown.