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Sir Keir Starmer has insisted there is “unity” within Labour, despite demands for him to change his stance on the Israel-Hamas war and back calls for a ceasefire.

The growing descent in his party hit a new peak late on Thursday, when two council leaders called on the Labour leader to resign over his position on the Middle East conflict.

They accused Sir Keir of “blindly following” the government and not standing up for “Labour values”.

The Labour leader has backed calls for “humanitarian pauses” in the fighting but has previously said he does not believe a ceasefire is the “correct position” to take.

A number of other senior party figures, including London mayor Sadiq Khan, Scottish Labour leader Anas Sarwar and Greater Manchester mayor Andy Burnham, have also recently broken ranks to call for a ceasefire.

But, speaking at an event in Durham on Friday, Sir Keir said the “focus” should be on people in Gaza and Israel who “most desperately need our support and help – not on political voices in our own country”.

Politics live: Rishi Sunak says pro-Palestine protests on Armistice Day ‘provocative’

After outlining how his party had been singing from the same hymn sheet at its recent conference over its plans for government, the Labour leader said: “On the question of Gaza, there is also unity.

“Whether people are asking for a ceasefire or a humanitarian pause, it comes from the same place, which is… people desperately want to see an alleviation of a situation.

“That is a human emotion to what we’re seeing on our televisions, and images and reports, every single day. I am not surprised that people are trying to go for any option that they see would alleviate the awful situation.

“I don’t think that should be taken as great division. That is a human emotion. What I’ve done is share that emotion… but what I’ve concentrated on is what is the practical way to alleviate the situation on the ground.”

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Sir Keir said aligning with both the British and American governments in their calls for so-called humanitarian pauses in the fighting, to allow aid into the Gaza Strip, would help “bring about that change”.

He added: “For me, this isn’t about the particular position taken by individuals in the Labour Party. It’s about alleviating that suffering.”

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Israel-Gaza latest: Hezbollah chief praises ‘sacred’ Hamas attack

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‘Violent’ winds on the way in Storm Ciaran aftermath

Asked if he would fire any shadow ministers who disagreed with him and continued to call for a ceasefire, Sir Keir said: “Collective responsibility is important”.

He added: “It’s my job as leader of the party to assess how we enforce and bring about collective responsibility. And I will do so.

“But I’ve set out my position clearly. I am not doing so in accordance with particular views that individual members of the Labour party may or may not take. That is not my central objective and I do not think that should be the priority.

“The priority is to get change in the situation [in the Middle East] just as quickly as we can.”

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Flares, flashes and explosions as projectiles are fired into Gaza

Sir Keir was in the North East to set out his mission for government to business leaders, as he called for this week’s King Speech to act as a “kick start” to “get Britain building”.

Prime Minister Rishi Sunak‘s policy agenda for the 12 months ahead is due to be delivered on Tuesday, as Westminster prepares for the pomp and ceremony of the State Opening of Parliament.

Reports suggest there will be a big focus on crime from the government, as well as legislative plans for conference announcements, such as phasing out smoking.

The Labour leader outlined what he believed should feature in the speech in order to achieve a “decade of national renewal” – including building more infrastructure, overhauling planning systems, and upskilling young people in new technical colleges.

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Sky News’ Sophy Ridge explains why this year’s Labour conference was different

“Next week is the King’s Speech and we can already see it will only bring more of the same,” said Sir Keir. “A manifesto for the 14th year of Tory failure and the starting gun fired on the next general election.

“[That vote will be] a choice of a Conservative Party with no plan for the future, hurtling down the only high-speed project it’s ever managed to build – the highway to British decline – or the Labour alternative, a party that understands the potential that lies in regions like this, that has a plan to grow every corner of this country.”

He added: “The King’s Speech should be about a national mission to get Britain building again and to grow our country from the grassroots, because Britain needs a new business model.”

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Morgan Stanley eyes crypto rollout for E*Trade platform: Bloomberg

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Morgan Stanley eyes crypto rollout for E*Trade platform: Bloomberg

Morgan Stanley eyes crypto rollout for E*Trade platform: Bloomberg

Banking giant Morgan Stanley reportedly plans to list cryptocurrencies on its E*Trade investment brokerage and trading platform.

According to a May 1 Bloomberg report, the firm intends to list crypto assets on E*Trade in 2026. The plan is still in early development, and the bank is said to be exploring partnerships with established crypto firms to power the service. Internal discussions about cryptocurrency support reportedly began in late 2024.

Banking, Banks, Cryptocurrency Exchange, Morgan Stanley
E*Trade homepage. Source: E*Trade

This would not be Morgan Stanley’s first exposure to digital assets. The bank’s wealthiest clients have had access to crypto exchange-traded funds (ETFs) and futures for some time, with the firm’s advisers allowed to pitch Bitcoin ETFs since August 2024.

Related: Morgan Stanley to explore crypto offerings for clients — CEO

Regulatory tailwinds push crypto forward

The news follows previous reports that Morgan Stanley was considering adding cryptocurrency trading to its E*Trade online brokerage platform in early January. The reports at the time cited the expectations of a friendlier crypto regulatory environment.

The move comes amid an increasingly favorable regulatory environment in the United States following the election of President Donald Trump, who campaigned on a pro-crypto platform and is personally involved in several blockchain ventures.

Related: Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings

The first 30 days of the Trump administration brought significant changes to the local crypto industry. More recently, US crypto proponents have shown optimism following the swearing-in of pro-crypto Securities and Exchange Commission Chair Paul Atkins.

The SEC had significantly changed its stance even before Atkins took office. In late February, the agency had already paused multiple cryptocurrency enforcement cases with imminent deadlines.

This is a developing story, and further information will be added as it becomes available.

Magazine: ZK-proofs are bringing smart contracts to Bitcoin — BitcoinOS and Starknet

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Eric Trump: USD1 will be used for $2B MGX investment in Binance

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Eric Trump: USD1 will be used for B MGX investment in Binance

Eric Trump: USD1 will be used for B MGX investment in Binance

Abu Dhabi-based investment firm MGX will use a stablecoin linked to US President Donald Trump’s family to settle a $2 billion investment in Binance, the world’s largest cryptocurrency exchange.

The World Liberty Financial USD (USD1) US dollar-pegged stablecoin was launched by the Trump-associated crypto platform World Liberty Financial (WLFI) in March 2025.

MGX will use the USD1 stablecoin for its $2 billion investment in the Binance exchange, according to an announcement by Eric Trump during a panel discussion at Token2049 in Dubai. Trump, the son of the president, serves as executive vice president of the Trump Organization.

Eric Trump: USD1 will be used for $2B MGX investment in Binance
Source: Cointelegraph

MGX announced its investment in Binance on March 12, marking the first institutional investment in the exchange and one of the biggest funding deals in the entire Web3 industry.

At the time, Binance declined Cointelegraph’s request to disclose what stablecoin was used in the transaction.  

This marks the Abu Dhabi-based investment firm’s first venture into the cryptocurrency space.

Related: Trump turned crypto from ‘oppressed industry’ to ‘centerpiece’ of US strategy

Banks, financial system is “a joke,” says Eric Trump

During the panel discussion, Eric Trump criticized the inefficiencies and limited operating hours of the traditional financial system:

“The US is seeing that the financial world has to progress. It’s a joke. Why do banks run nine to five, Monday to Friday, with an hour and a half of lunch break? It doesn’t make sense.”

Sending money internationally through SWIFT is slow, costly, and complex. Crypto makes banks redundant,” he added.

Related: Stablecoins, tokenized assets gain as Trump tariffs loom

The average transaction time on the SWIFT payment network is 20 hours and seven minutes, according to analysis published by Statrys. However, 75% of SWIFT transactions involve one or two intermediary banks, meaning that these average 1 day and 11 hours to settle.

In contrast, a USDt (USDT) or USDC (USDC) stablecoin transaction on Ethereum will settle within two to five minutes.

“We’re at the dialogue phase of the crypto revolution right now, and the people who are going to make it big are the people who see it today, not in five years,” Eric Trump added.

Magazine: SEC’s U-turn on crypto leaves key questions unanswered

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Voting under way to decide thousands of councillors and Runcorn and Helsby by-election

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Voting under way to decide thousands of councillors and Runcorn and Helsby by-election

Voting is under way in local elections across England, as well as in the Runcorn and Helsby by-election.

Due to Ofcom rules, Sky News is limited on what it can report until polls close at 10pm.

The votes mark the first electoral test for the party leaders since last year’s general election.

In total, 23 of England’s 317 local authorities are holding elections, alongside the Isles of Scilly.

The make up of around 1,270 parish councils are also due to be decided.

Read more:
Follow local elections results here
Where are they and how do I
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And six metro mayors are up for election.

The West of England, Cambridgeshire and Peterborough, Doncaster, and North Tyneside mayoralties already have a mayor in place – while Greater Lincolnshire and Hull and East Yorkshire are choosing a mayor for the first time.

Meanwhile, a by-election is being held in Runcorn and Helsby after previous Labour MP Mike Amesbury agreed to stand down following his conviction for punching a man in the street.

While this result is likely to come in overnight, most local election results won’t be known until Friday.

All voters in these elections must be over 18, and be registered.

Join Sky News presenter Jonathan Samuels and deputy political editor Sam Coates from midnight as the results start coming in. Lead politics presenter Sophy Ridge, political editor Beth Rigby, and data and economics editor Ed Conway will be taking over on Friday to report and explain what has happened.

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