Rishi Sunak criticised for ‘surprise’ honours list including major Tory donor Mohamed Mansour
Rishi Sunak has been criticised for announcing a “surprise” round of honours – including a knighthood for a major donor to the Conservative Party.
It was announced on the Thursday before the Easter bank holiday weekend that Mohamed Mansour was being knighted for business, charity and political service – he had given £5m to the Tories in 2023 and is a senior treasurer at the party.
A number of Conservative MPs were also made knights and dames.
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Labour’s chair, Anneliese Dodds, said Mr Sunak‘s nominations were “either the arrogant act of an entitled man who’s stopped caring what the public thinks, or the demob-happy self-indulgence of someone who doesn’t expect to be prime minister much longer”.
Asked by Sky News if Labour would rule out giving donors honours if they were in government, Ms Dodds said giving money should not be an “automatic pass”.
Following the announcement, Mr Mansour said: “This award is the greatest honour of my life. I am thrilled and hugely grateful.
“This award would have meant so much to my father and mother. I wish they could have lived to see this day. This honour is for them, for the values they taught my siblings and I and for everything they did for us.”
Downing Street sources highlighted Mr Mansour’s work supporting charities – including financially backing a memorial to those who died due to COVID.
Speaking to Sky News, Conservative peer and polling expert Lord Robert Haywood said the public would be “unhappy” with the move.
While some non-political figures – like director Christopher Nolan – were also knighted, it’s the political acts that will draw attention.
Mohamed Mansour, who has been knighted by Rishi Sunak. Pic: Reuters
Lord Haywood said: “I think people don’t like it, there’s no question about that.
“The problem is that you’ve got people who are genuine philanthropists who also give money to a political party, and that’s where the line isn’t differentiated.”
He added that he was “really surprised” by the timing of the list – but it probably doesn’t say anything about the timing of a general election.
Normally, honours are granted at New Year’s on the monarch’s birthday, or after the resignation of a prime minister, although this is a convention not a rule.
The timing of the announcement, while parliament is in recess, has also raised eyebrows – although sources suggested the timing was linked to the need to make appointments to the Privy Council, including the new Welsh First Minister Vaughan Gething.
Tory MP Philip Davies was one of the Conservative MPs to be made knight. He is known for hosting a television show on GB News with his wife, fellow Conservative MP and minister Esther McVey.
Ex-sports minister Tracey Crouch will become a dame having run a review into reforming the UK football system, and farming minister Mark Spencer will also become a sir.
Treasury Select Committee chair Harriett Baldwin – a Conservative MP – will also become a dame.
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Away from politics, Mr Nolan and wife and producer Emma Thomas have been handed honours following the release of award-winning biopic Oppenheimer.
Dr Demis Hassabis, who co-founded Google’s DeepMind AI business, was also made a knight.
Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7.
“One would have to imagine that President Donald Trump’s phone has been ringing off the hook. The practical reality is that there is insufficient time for him to make deals before the tariffs are scheduled to take effect,” Ackman, founder of Pershing Square Capital Management, said in an April 5 X post.
Trump may postpone tariffs to make more deals, says Ackman
“I would, therefore, not be surprised to wake up Monday with an announcement from the President that he was postponing the implementation of the tariffs to give him time to make deals,” Ackman added.
On April 2, Trump signed an executive order establishing a 10% baseline tariff on all imports from all countries, which took effect on April 5. Harsher reciprocal tariffs on trading partners with which the US has the largest trade deficits are scheduled to kick in on April 9.
Ackman — who famously said “crypto is here to stay” after the FTX collapse in November 2022 — said Trump captured the attention of the world and US trading partners, backing the tariffs as necessary after what he called an “unfair tariff regime” that hurt US workers and economy “over many decades.”
Following Trump’s announcement on April 2, the US stock market shed more value during the April 4 trading session than the entire crypto market is currently worth. The fact that crypto held up better than the US stock market caught the attention of both crypto industry supporters and skeptics.
Source: Cameron Winklevoss
Prominent crypto voices such as BitMEX co-founder Arthur Hayes and Gemini co-founder Cameron Winklevoss also recently showed their support for Trump’s tariffs.
Related: Trump tariffs squeeze already struggling Bitcoin miners — Braiins exec
Ackman said a pause would be a logical move by Trump — not just to allow time for closing potential deals but also to give companies of all sizes “time to prepare for changes.” He added:
“The risk of not doing so is that the massive increase in uncertainty drives the economy into a recession, potentially a severe one.”
Ackman said April 7 will be “one of the more interesting days” in US economic history.
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Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.
The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.
While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past.
According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed his birthdate as April 5, 1975.
Source: Web.archive.org
Nakamoto’s anonymity has played a vital role in maintaining the decentralized nature of the Bitcoin network, which has no central authority or leadership.
The Bitcoin wallet associated with Nakamoto, which holds over 1 million BTC, has laid dormant for more than 16 years despite BTC rising from $0 to an all-time high above $109,000 in January.
Satoshi Nakamoto statue in Lugano, Switzerland. Source: Cointelegraph
Nakamoto’s 50th birthday comes nearly a month after US President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system.
Related: Bitcoin at 16: From experiment to trillion-dollar asset
Nakamoto’s legacy: a “cornerstone of economic sovereignty”
“At 50, Nakamoto’s legacy is no longer just code; it’s a cornerstone of economic sovereignty,” according to Anndy Lian, author and intergovernmental blockchain expert.
“Bitcoin’s reserve status signals trust in its scarcity and resilience,” Lian told Cointelegraph, adding:
“What’s fascinating is the timing. Fifty feels symbolic — half a century of life, mirrored by Bitcoin’s journey from a white paper to a trillion-dollar asset. Nakamoto’s vision of trustless, peer-to-peer money has outgrown its cypherpunk roots, entering the halls of power.”
However, lingering questions about Nakamoto remain unanswered, including whether they still hold the keys to their wallet, which is “a fortune now tied to US policy,” Lian said.
Related: Bitcoin’s next catalyst: End of $36T US debt ceiling suspension
Is Satoshi Nakamoto wealthier than Bill Gates?
In February, Arkham Intelligence published findings that attribute 1.096 million BTC — then valued at more than $108 billion — to Nakamoto. That would place him above Microsoft co-founder Bill Gates on the global wealth rankings, according to data shared by Coinbase director Conor Grogan.
Satoshi’s new addresses. Source: Conor Grogan
If accurate, this would make Nakamoto the world’s 16th richest person.
Despite the growing interest in Nakamoto’s identity and holdings, his early decision to remain anonymous and inactive has helped preserve Bitcoin’s decentralized ethos — a principle that continues to define the cryptocurrency to this day.
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