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Sir Keir Starmer is launching his election campaign on Thursday – and will promise the “character of politics will change” if Labour enters power.

The government has until December this year to call an election – although if it decides to go to the polls so late, the vote itself will not happen until January 2025.

Sir Keir’s speech follows similar events held by Liberal Democrat leader Sir Ed Davey and Reform UK head Richard Tice.

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‘May election the worst kept secret in Parliament’

The prime minister is yet to hold such a launch for his campaign – and this week has been marred by controversy over a claim the government has cleared the asylum backlog, which the UK’s stats watchdog is now probing.

Labour has held a double-digit lead over the Conservatives in polling since before Rishi Sunak entered Number 10, according to the Sky News poll tracker.

Speaking in the West of England, Sir Keir is set to say: “No matter the road the Tories take this year, I believe that if people see the commitment to service is always there in politics, and if they can see that people in power respect their concerns, then a lot of people across this country, after everything we’ve been through over the past 14 years, will find some hope in that.

“It will feel different. The character of politics will change, and with it the national mood. A collective breathing out, a burden lifted, and then, the space for a more hopeful look forward.

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“Because the truth is, it’s this kind of politics and only this kind of politics that can offer real change.

“So do not listen to the siren voices that say we’re all the same. We’re not, and we never will be.”

Sir Keir setting out his stall to voters this early marks a contrast to last year, when Rishi Sunak spoke ahead of his Labour adversary and announced his five pledges.

In his address last year, the Labour leader promised to end “sticking plaster politics” – a phrase he has often repeated since.

Read more:
What 2024 could have in store for UK politics
May election ‘worst kept secret’ says Labour

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Starmer thanks NHS staff in Christmas message

Voters ‘right to be anti-Westminster’

Returning to this year, Sir Keir will also ask voters to “believe” in a “downtrodden” UK again.

He is set to say: “This year, at the general election, against the understandable despair of a downtrodden country, I will ask the British people to believe in it again.

“You’re right to be anti-Westminster and angry about what politics has become.

“But hold on to any flickering hope in your heart that things can be better, because they can, and you can choose it.

“You can reject the pointless populist gestures and the low-road cynicism that the Tories believe is all you deserve.

“That’s all they have left now. After 14 years, with nothing good to show, no practical achievements to point towards, no purpose beyond the fight to save their own skins.”

The Labour leader will also play on recent scandals to highlight a “need to clean up politics”.

He will add that under Labour there will be “no more VIP fast lanes, no more kickbacks for colleagues, no more revolving doors between government and the companies they regulate” – adding that he “will restore standards in public life with a total crackdown on cronyism: this ends now”.

He will point out that “trust in politics is now so low, so degraded” following “the sex scandals, the expenses scandals, the waste scandals, the contracts for friends, even in a crisis like the pandemic, people have looked at us and concluded we’re all just in it for ourselves”.

And as he further distances himself from the Corbyn era, Sir Keir will say that Labour is “no longer a party of protest, but a party of service”.

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Speaking ahead of the event, Conservative Party chairman Richard Holden said: “Nothing is more cynical and populist than a weather vane Labour leader who has a consistent track record of telling people whatever he thinks they want to hear on any given day.

“He was for a second Brexit referendum, then he wasn’t. He told Labour members when he was running to be leader he would nationalise industry and scrap tuition fees, but then dropped these policies as soon as the contest was over. And he says he opposes Jeremy Corbyn now despite campaigning twice to make him prime minister and calling him his ‘friend’.

“The only thing we know for certain about Keir Starmer is that he has a £28bn black hole in his spending promises which will mean thousands of pounds of tax rises every year for families.”

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Politics

COVID schemes’ fraud and error cost taxpayers £11bn

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COVID schemes' fraud and error cost taxpayers £11bn

COVID-19 fraud and error cost the taxpayer nearly £11bn, a government watchdog has found.

Pandemic support programmes such as furlough, bounce-back loans, support grants and Eat Out to Help Out led to £10.9bn in fraud and error, COVID Counter-Fraud Commissioner Tom Hayhoe’s final report has concluded.

Lack of government data to target economic support made it “easy” for fraudsters to claim under more than one scheme and secure dual funding, the report said.

Weak accountability, bad quality data and poor contracting were identified as the primary causes of the loss.

The government has said the sum is enough to fund daily free school meals for the UK’s 2.7 million eligible children for eight years.

An earlier report from Mr Hayhoe for the Treasury in June found that failed personal protective equipment (PPE) contracts during the pandemic cost the British taxpayer £1.4 billion, with £762 million spent on unused protective equipment unlikely ever to be recovered.

Factors behind the lost money had included government over-ordering of PPE, and delays in checking it.

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Circle gets Abu Dhabi greenlight amid UAE stablecoin and crypto push

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Circle gets Abu Dhabi greenlight amid UAE stablecoin and crypto push

Stablecoin issuer Circle has secured regulatory approval to operate as a financial service provider in the Abu Dhabi International Financial Center, deepening its push into the United Arab Emirates.

In an announcement Tuesday, Circle Internet Group said it received a Financial Services Permission license from the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM), the International Financial Centre of Abu Dhabi. This allows the stablecoin issuer to operate as a Money Services Provider in the IFC.

The USDC (USDC) issuer also appointed Saeeda Jaffar as its managing director for Circle Middle East and Africa. The new executive also serves as a senior vice president and group country manager for the Gulf Operation Council at Visa and will be tasked with developing the stablecoin issuer’s regional strategy and partnerships.

Circle co-founder, chairman and CEO Jeremy Allaire said that the relevant regulatory framework “sets a high bar for transparency, risk management, and consumer protection,” adding that those standards are needed if “trusted stablecoins” are going to support payments and finance at scale.

UAE, Circle, Stablecoin
Source: Circle

Related: Abu Dhabi Investment Council triples stake in Bitcoin ETF in Q3: Report

Abu Dhabi awards a wave of licenses

The ADGM has recently awarded licenses for financial operations to a wave of crypto companies. Earlier this week, Tether’s USDt (USDT) — the largest stablecoin by circulation and Circle’s top competitor — secured a regulatory milestone in Abu Dhabi’s international financial center, as did Ripple’s dollar-pegged stablecoin Ripple USD at the end of November.

On Monday, crypto exchange Binance was granted three separate licenses from Abu Dhabi’s financial regulator, allowing it to operate its exchange, clearing house and broker-dealer services. This followed its competitor Bybit receiving regulatory approval in the UAE in early October.

Related: HSBC to bring tokenized deposits to US and UAE as stablecoin race heats up

UAE bets on crypto

The Central Bank of the UAE has been actively reviewing its cryptocurrency regulations. In November, it introduced rules for decentralized finance (DeFi) and the broader Web3 industry.

The newly introduced Federal Decree Law No. 6 of 2025 brings DeFi platforms, related services and infrastructure providers under the scope of regulations if they enable payments, exchange, lending, custody, or investment services, with licenses now required. Local crypto lawyer Irina Heaver said that “DeFi projects can no longer avoid regulation by claiming they are just code.”

Heaver told Cointelegraph at the end of 2024 that during that year the country cemented its status as a global crypto hub.

In October 2024, the UAE exempted cryptocurrency transfers and conversions from value-added tax, just a month after Dubai’s digital asset regulator announced stricter rules on crypto marketing. Around the same time, local free economic zone Ras Al Khaimah Digital Assets Oasis was also working to introduce a legal framework for decentralized autonomous organizations.

Local regulators were not shy about enforcing the rules, with Dubai’s Virtual Assets Regulatory Authority cracking down on seven unlicensed crypto businesses, issuing fines and cease-and-desist orders.

Magazine: Review: The Devil Takes Bitcoin, a wild history of Mt. Gox and Silk Road