Vote counting under way in local elections across England and Wales – what to expect
Vote counting is under way after polls closed in local elections taking place across England and Wales.
More than 2,600 council seats across 107 councils are up for grabs in England, alongside 11 mayoral elections, a parliamentary seat and police and crime commissioners throughout England and Wales.
Polls opened at 7am and closed at 10pm.
Local elections: Follow the results live
Sky News will be covering the results overnight with a special programme hosted by Jonathan Samuels beginning at midnight, and coverage into the weekend.
The results unfolding in the next hours and days will give an indicator of public opinion on the political parties as the UK heads towards a general election.
Labour is hoping to make gains across the country, while the Conservatives will hope to minimise losses as they sit around 20 points behind the opposition in the polls.
Keen attention will be paid to the mayoral races being held in the West Midlands and the Tees Valley – Red Wall seats that the Conservatives won under Boris Johnson with mayors Andy Street and Lord Ben Houchen respectively.
Losses there could prove difficult for Prime Minister Rishi Sunak – with rumours that if both turn red it could spark a leadership contest.
Labour‘s Sadiq Khan is hoping to win a record third term as the mayor of London, running against the Conservative’s Susan Hall, with 25 seats on the London Assembly also up for grabs.
Read more on local elections:
What does victory and defeat look like – Beth Rigby
How key areas are predicted to vote – Sam Coates
There are further mayoral elections in the East Midlands, Greater Manchester, Liverpool City Region, the North East, South Yorkshire, West Yorkshire and York & North Yorkshire. An election is also taking place for the Salford city mayor.
A parliamentary by-election is taking place in Blackpool South to replace the former Conservative MP Scott Benton, who left parliament following a lobbying scandal.
The Tories are defending a majority of 3,690 – much smaller than several of those overturned by Labour in recent years.
In total, 37 police and crime commissioners are being elected across England and Wales – although two of those PCC roles are being absorbed into a mayor’s responsibilities, in South Yorkshire and York & North Yorkshire.
Speaking on the Political Currency podcast, former Conservative chancellor George Osborne said losing the West Midlands would be “pretty bad” for Mr Sunak, while losing the Tees Valley would be “armageddon”.
“There will be people in the Conservative Parliamentary Party saying, ‘Change course, change leader’,” he said, adding: “You would never have guessed 20 years ago that the future of the Tory leadership would depend on how people are voting in Teesside. But I think right now, that is the case.”
Keep up with all the latest news from the UK and around the world by following Sky News
The last time these council elections took place, the then prime minister Boris Johnson was riding high in the polls following the success of the vaccine rollout – taking his party to their best performance in the locals since 2008.
Transport Secretary Mark Harper said it was going to be “difficult to achieve on that”.
Asked if this was an admission the party is less popular under Mr Sunak than it was under Mr Johnson, Mr Harper said it was the context of having a “vaccine bounce” and coming out of the pandemic that made the party popular in 2021.
And Mr Sunak was at the time “the chancellor, who found the money to pay for rolling the vaccine out”.
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Local elections: Why they matter
In last year’s local elections – which were for different areas – Labour snatched key battlegrounds from the Conservatives but not at a rate high enough to indicate the opposition was on course to win if a general election took place.
This key metric, known as National Equivalent Vote (NEV), will be tracked over the weekend by Sky News election analyst Professor Michael Thrasher.
Asked what success would look like, Labour’s shadow chancellor of the Duchy of Lancaster Pat McFadden said his party is looking at the Blackpool South by-election “which is the only result where Rishi Sunak and the government are really on the ballot paper”.
A win there will show “real progress”, Mr McFadden said.
Asked about his party’s prospects in Tees Valley and the West Midlands, the veteran Labour MP said the Tories hanging on would “only be because they put as much distance as possible between themselves and Rishi Sunak and the Conservative Party brand”.
Keep up with all the latest news from the UK and around the world by following Sky News
The Liberal Democrats will also hope to pick up some wins after targeting so-called Blue Wall areas that traditionally vote Conservative.
Speaking after the polls closed, party leader Sir Ed Davey said: “The message across the country today was loud and clear. Voters want an end to this appalling Conservative government.
“That is why, up and down the country, so many lifelong Conservative voters backed the Liberal Democrats today, because they know Liberal Democrat councillors will never take them for granted and fight for the issues they care about.”
How many seats/councils are parties defending?
The Conservatives are defending 985 seats, Labour 965 and the Liberal Democrats 410.
The Greens hold 107 seats, while independents have 112 and other parties the remaining 57.
Labour currently has majority control in 45 of the 107 councils. The Conservatives control 18 and the Lib Dems 10.
Just under a third, 34 councils, are under no overall control.
Key battlegrounds
After a survey of 9,000 people, this is how YouGov thinks these key votes will go
When it comes to councils, areas to watch out for include Hyndburn, Milton Keynes, Norwich, Tamworth, Reigate and Banstead, Hull, Walsall, Colchester, Stockport, Sheffield, Solihull, North East Lincolnshire, Lincoln, Peterborough, Rugby and Thurrock.
Sky News and YouGov asked around 9,000 people how they intend to vote, and used this to forecast how these will change.
Labour looks set to make a number of gains – although some races are too close to call.
Follow our live coverage of the election results from midnight – find the full details here
VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph.
The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial services, payments, and artificial intelligence.
Idle capital will be deployed into Avalanche (AVAX) real-world asset (RWA) products, including tokenized money market funds, VanEck said.
The fund will be managed by the team behind VanEck’s Digital Assets Alpha Fund (DAAF), which oversees more than $100 million in net assets as of May 21.
“The next wave of value in crypto will come from real businesses, not more infrastructure,” Pranav Kanade, portfolio manager for DAAF, said in a statement.
Related: Tokenized stocks could top $1T in market cap — Execs
Thematic crypto funds
VanEck’s PurposeBuilt Fund is the latest in a series of funds from the asset manager and rivals designed to offer exposure to projects and companies in fast-growing segments of Web3.
On May 14, VanEck launched a new actively managed exchange-traded fund (ETF) to invest in stocks and financial instruments providing exposure to the digital economy.
In April, VanEck launched another ETF investing in a passive index of companies operating in the crypto space.
Asset managers such as VanEck are requesting the US Securities and Exchange Commission’s (SEC) permission to list upward of 70 crypto ETFs.
The wave of ETF filings is in response to US President Donald Trump softening the agency’s regulatory stance toward crypto after Trump took office in January.
Avalanche RWA ecosystem
Avalanche has emerged as a hub for real-world assets (RWAs) and other institutional-oriented crypto projects.
Its interrelated networks, called subnets, allow institutions to run Ethereum-style smart contracts in a controlled environment. On May 16, Solv Protocol launched a yield-bearing Bitcoin token on the Avalanche blockchain, targeting institutional investors
Avalanche has around $1.5 billion in total value locked (TVL) as of May 21, according to data from DefiLlama.
“We’re seeing a shift away from speculative hype toward real utility and sustainable token economies,” John Nahas, chief business officer at Ava Labs, said in a statement.
Magazine: Danger signs for Bitcoin as retail abandons it to institutions — Sky Wee
A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest.
In a May 21 notice, Minnesota Representative Tom Emmer said he had reintroduced the Blockchain Regulatory Certainty Act, a bill that “solidifies that digital asset developers and service providers that do not custody consumer funds are not money transmitters.”Emmer, a Republican, said Democratic Representative Ritchie Torres would co-lead the bill, making it a bipartisan effort in Congress.
“The Blockchain Regulatory Certainty Act reflects a thoughtful, bipartisan effort to get digital asset policy right,” said Torres. “While similar language was voted down in markup last Congress, we took that feedback seriously and returned with a smarter, sharper framework that protects innovation without compromising oversight.”
Representatives of advocacy organizations, including the Crypto Council for Innovation, Solana Policy Institute, Digital Chamber, Coin Center, DeFi Education Fund and Blockchain Association, said they would support the proposed blockchain regulatory bill. It was unclear whether Emmer and Torres had a majority of votes in the House of Representatives for the legislation to pass.
Torres has supported many bills and policies favorable to the crypto industry since assuming office in 2021. Together with Emmer, he has led the Congressional Crypto Caucus to advance crypto-friendly policies in the House since March.
A bipartisan blockchain bill amid memecoin concerns?
Other Democratic House members, including Representative Maxine Waters, have suggested they intend to block any legislation related to crypto and blockchain until Republicans address Trump’s connections to the industry, such as his family’s stake in World Liberty Financial and his TRUMP memecoin. The president is planning to host a dinner with up to 220 people holding the most significant amounts of his memecoin on May 22.
Related: Interest groups, lawmakers to protest Trump’s memecoin dinner
Cointelegraph reached out to Torres’ office for comment but had not received a response at the time of publication.
Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
Democratic leaning organizations and members of Congress have announced plans to protest what they describe as the sale of access to the office of the US president, in reference to Donald Trump’s memecoin dinner on May 22. The event’s attendees are said to have collectively spent over $100 million for the chance to meet with the US president.
Since Trump’s memecoin project, Official Trump (TRUMP), announced that its top 220 tokenholders would have an opportunity to apply for an exclusive dinner with the president, many leaders in the crypto industry and US lawmakers have criticized the event, saying Trump was opening his office to potential bribery and corruption.
The memecoin dinner prompted some Democratic lawmakers to withdraw support for crypto-related legislation in Congress, including the market structure and stablecoin bills.
“Trump collecting gifts from foreign governments is unconstitutional,” a spokesperson for the consumer advocacy organization Public Citizen, which is planning to protest near the memecoin dinner on May 22, told Cointelegraph. “Collecting foreign government investments through his memecoin is not much better. American foreign policy should not be for sale.”
Crypto industry figures such as Tron founder Justin Sun, Kronos Research chief investment officer Vincent Liu, Hyperithm co-CEO Oh Sangrok, and Synthetix founder Kain Warwick are among the tokenholders expected to attend the dinner at the Trump National Golf Club outside Washington, DC. The memecoin project said all applicants had to pass a background check and could not be from a “[Know Your Customer] watchlist country.”
Related: Democrats seek suspicious activity reports linked to Trump crypto ventures
Public Citizen, in partnership with progressive political organization Our Revolution, will hold a rally near the golf club, which Oregon Senator Jeff Merkley is expected to attend. In addition, the Arlington and Loudoun Democrats will be hosting a separate event to urge US officials to “hold [Trump] accountable,” and Democratic leadership in Congress has scheduled two press events on May 22 ahead of the dinner.
“Americans cannot and will not accept President Trump’s view that positions of power exist only to benefit the holder of that power,” Ryan Ruzic, chair of the Loudoun County Democratic Committee, told Cointelegraph. “We have a moral responsibility to speak out against corruption, whatever the result may be.”
Pushback on TRUMP memecoin affected crypto legislation
Some lawmakers initially cited the memecoin dinner and the Trump family’s involvement with the crypto platform World Liberty Financial in opposing passage of the GENIUS Act, a bill to regulate payment stablecoins. World Liberty Financial began issuing its own USD1 stablecoin in March, prompting concerns about Trump’s conflicts of interest. However, the legislation passed a key procedural vote in the Senate on May 19 with support from Democrats, setting the bill up for debate in the chamber.
“Many senators, myself included, have very real concerns about the Trump family’s use of crypto technologies to evade oversight, hide shady financial dealings, and personally profit at the expense of everyday Americans,” said Sen. Mark Warner in a statement before the May 19 vote, adding: “But we cannot allow that corruption to blind us to the broader reality: blockchain technology is here to stay.”
Senator Chris Murphy, who voted against advancing the GENIUS Act, called for bipartisan support in amending the bill to specifically bar a US president from issuing stablecoins. He also called on the White House to release a complete list of attendees to the memecoin dinner, suggesting that some or all of them would “try to get something from the president” in exchange for purchasing the tokens.
Murphy and Senator Elizabeth Warren will attend a press event with representatives for Public Citizen on May 22. California Representative Maxine Waters, ranking member of the US House Financial Services Committee, announced a separate press conference for the same day, with plans to introduce a bill to “block Trump’s memecoin and stop his crypto corruption, once and for all.”
As of May 21, the exact number of attendees to the dinner was unknown. A smaller group of 25 tokenholders also qualified to apply for “VIP tour” and reception — presumably at the White House — with Trump, but the complete list of those planning to attend was also unknown at the time of publication.
Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
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