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There is a danger on days like today of focusing on dazzling but smaller-scale revelations that have come out of today’s evidence at the COVID inquiry hearings. 

This includes the eye-opening WhatsApps appearing on the courtroom screens, the biblical language about the cabinet and prime minister, the misogynist comments about officials, a prime minister on holiday left undisturbed at a critical time as the virus spread and the failings of individual politicians and government departments.

We saw Dominic Cummings blocking – digitally prevent communications with – the prime minister on WhatsApp after a row over the influence and alleged briefings by Boris Johnson’s wife.

Each one a vital, depressing component of what we’ve learnt today.

But what really hits you, listening to six hours of testimony, is the overall quantum of the dysfunction we heard about; first from Lee Cain, Mr Johnson’s director of communications, and then from Dominic Cummings, his most senior adviser, over the period from January 2020 until end of the emergency phase of the pandemic.

Behind the door of Number 10, Mr Johnson and officials were handling the worst crisis Britain had faced since the Second World War.

COVID inquiry latest: ‘I was much ruder about men’ – Dominic Cummings denies misogyny

More on Boris Johnson

At the time, a lot of people cut them some slack, hoping and praying they would get things right.

Perhaps everyone should not have been so tolerant.

The sheer scale of the feuding, contempt and dysfunction we’ve heard about today beggars belief.

There was no pandemic plan in March 2020, just people lying about there being a pandemic plan. In Number 10, they were told on 16 March that the civil contingencies secretariat did not even have these plans centrally. That message, Mr Cummings said, was such a shock that people thought it was a spoof.

There was a core, wrong-headed belief at the beginning of the pandemic in Number 10, where people believed Britain could never be locked down until 10 days before it was, based on a dogged, widespread misreading of the nature of the British people.

And we heard how the prime minister’s most senior adviser, Mr Cummings, was trying to keep him away from pandemic planning meetings, fearing he would be a distraction. A simply incredible thing to admit.

But more than anything else, we hear in different ways through different bits of testimony how Britain at that point had an unfocused, indecisive prime minister who at one point looked willing to write off an entire older generation for the sake of the young.

Yes, at points he resisted the Whitehall health “blob”, asking questions and challenging assumptions in a way few others were prepared to do – but often to little effect, outmanoeuvred by those around him.

Chief scientific adviser Sir Patrick Vallance wrote in one of his notebooks in August 2020 that Mr Johnson was “obsessed with older people accepting their fate and letting the young get on with life and the economy going”.

Quite bonkers set of exchanges. Another note from Sir Patrick in December 2020 said that the prime minister was suggesting that COVID “is just nature’s way of dealing with old people”.

Extraordinary remarks not least from a prime minister whose voting coalition depends on older voters at its core.

It should be no surprise that cabinet government in this country does not work effectively, or that 10 years into the Tories being in power, not every person around the top table is highly regarded by Tory colleagues.

Nor should it be a surprise that the structures in government to handle a pandemic were failing – secret exercises four years earlier in Whitehall ended in failure, and Brexit had distracted many for years.

The failings that led to the pandemic response have a long tail.

Read more:
Johnson suggested COVID was ‘nature’s way of dealing with old people’
Key WhatsApp messages from the COVID inquiry

However, what we learnt from the COVID inquiry today was that layered on top of this was a uniquely toxic, destructive set of individuals trying to work their way through the crisis.

It was an environment where the prime minister’s right hand aide described himself as being in a “homicidal” mood at points, wanting to go back to Number 10 and fire people. At one point Mr Cummings launched four-letter diatribes about a senior official and said he wanted to “handcuff” her and remove her from the building.

Mr Cummings said during his testimony that during February he began to realise the pandemic plans Matt Hancock had told him existed did not actually exist.

This level of toxicity would make governing in normal times all but impossible. During a crisis it feels unforgivable.

Is what we’ve heard today enough to shame future politicians to ensure this never happens again?

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Budget 2025: Over a third of Britons think Rachel Reeves exaggerated bad news

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Budget 2025: Over a third of Britons think Rachel Reeves exaggerated bad news

Over a third of people think Rachel Reeves exaggerated economic bad news in the run-up to the budget – twice as many as thought the chancellor was being honest, a new Sky News poll has found.

Some 37% told a YouGov-Sky News poll that Ms Reeves made out things were worse than they really are. This is much higher than the 18% who said she was broadly honest, and the 13% who said things were better than she presented.

This comes in an in-depth look at the public reaction to the budget by YouGov, which suggests widespread disenchantment in the performance of the chancellor.

Just 8% think the budget will leave the country as a whole better off, while 2% think it will leave them and their family better off.

Some 52% think the country will be worse off because of the budget, and 50% think they and their family will be worse off.

This suggests the prime minister and chancellor will struggle to sell last week’s set-piece as one that helps with the cost of living.

Some 20% think the budget worried too much about help for older people and didn’t have enough for younger people, while 23% think the reverse.

The poll found 57% think the chancellor broke Labour’s election promises, while 13% think she did not and 30% are not sure. Some 54% said the budget was unfair, including 16% of Labour voters.

And it arguably gets worse…

This comes as the latest Sky News-Times-YouGov poll showed Labour and the Tories are now neck and neck among voters.

The two parties are tied on 19% each, behind Reform UK on 26%. The Greens are on 16%, while the Liberal Democrats are on 14%.

This is broadly consistent with last week, suggesting the budget has not had a dramatic impact on people’s views.

However, the verdict on Labour’s economic competence has declined further post-budget.

Asked who they would trust with the economy, Labour are now on 10% – lower than Liz Truss, who oversaw the 2022 mini-budget, and also lower than Jeremy Corbyn in the 2019 election.

The Tories come top of the list of parties trusted on the economy on 17%, with Reform UK second on 13%, Greens on 8% and Lib Dems on 5%. Nearly half, 47%, don’t know or say none of them.

Only 57% of current Labour voters say the party would do the best job at managing the economy, falling to 25% among those who voted Labour in the 2024 election.

Some 63% of voters think Ms Reeves is doing a bad job, including 20% of current Labour voters, while just 11% of all voters think she is doing a good job.

A higher proportion – 69% – think Sir Keir Starmer is doing a bad job.

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Atkins says SEC has ‘enough authority’ to drive crypto rules forward in 2026

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Atkins says SEC has 'enough authority' to drive crypto rules forward in 2026

Paul Atkins, chair of the US Securities and Exchange Commission, said that the agency can continue advancing digital asset regulation without legislation from Congress, signaling his expectations for the industry in 2026.

In a CNBC interview released on Tuesday, Atkins said the SEC was providing “technical assistance” as Congress considered legislation for digital asset regulation, likely referring to the market structure bill working its way through the US Senate. Atkins said that although the agency’s operations were impacted by the longest US government shutdown in the country’s history, he continued to make progress on “rules that are focused on helping [the crypto] sector.” 

“We have enough authority to drive forward,” said Atkins. “I’m looking forward to having an innovation exemption that we’ve been talking about now. We’ll be able to get that out in a month or so.” 

SEC Chair Paul Atkins speaking on Tuesday before the NYSE opening bell. Source: Vimeo

Atkins, whom the US Senate confirmed to chair the SEC in April after his nomination by US President Donald Trump, has taken steps to reduce the number of enforcement actions against crypto companies, including by issuing no-action letters for decentralized physical infrastructure networks.

His actions align with many of the policy directives from the White House under Trump, who has issued several executive orders touching on crypto and blockchain.

Related: Republicans urge action on market structure bill over debanking claims

The SEC chair rang the opening bell at the NYSE on Tuesday, outlining his plans for the agency “on the cusp of America’s 250th anniversary.”

US regulators are still awaiting progress on a market structure bill

Lawmakers on the US Senate Agriculture Committee and the Senate Banking Committee are taking steps to move forward with a digital asset market structure bill, which will outline the regulatory authority of agencies, including the SEC and Commodity Futures Trading Commission, over cryptocurrencies.

Senate Banking Chair Tim Scott said that the committee planned to have the bill ready for markup in December.