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The Prime Minister Rishi Sunak and Labour leader Sir Keir Starmer will be interrogated by Sky’s political editor Beth Rigby and members of the public tonight.

During The Battle For Number 10, they will talk and be questioned at length about their ambitions, so viewers can understand in detail what their plans are.

Mr Sunak is somewhat on the back foot as he has to defend his party’s 14 years in government, while Labour is yet to publish its manifesto, making it harder to get to the bottom of some of its plans.

But here Sky News picks apart some of the claims – and counter claims – each is likely to make.

Which leader will help with cost of living?

Cost of living and taxes are sure to feature – they consistently rank among voters’ top priorities.

Labour likes to claim families have become £5,883 worse off in total over the last five years.

More on Cost Of Living

But fact-checking organisation Full Fact pointed out the figure doesn’t take into account a broad enough basket of goods, or changes in wages or benefits over the same time.

Factoring these in, the decrease in real disposable income is more like £166, the independent Office for Budget Responsibility (OBR) has found.

Meanwhile the Tories claim Labour would leave families £2,000 out of pocket. But the calculations behind it are based on assumptions, as Labour has not yet published it manifesto, and the Tories assume Labour’s plans would be funded by taxes rather than possible borrowing.

Mr Sunak defends his record on the basis of the COVID furlough scheme – which he oversaw as chancellor – and the fact inflation has finally fallen to 2.3%, down from a 42-year record high of 11.1% in October 2022.

But external factors worked in the PM’s favour.

The worst price shocks from the war in Ukraine (namely on fuel and food) eased regardless of government policies.

But falling inflation does not mean falling prices, and any amount of inflation still means prices are rising on top of already higher costs.

Wage growth has now overtaken inflation – but there’s still a gap between how much prices have increased vs wages in the long run, according to ONS data.

This, combined with stubbornly high interest rates which increase the cost of mortgage rates and other loans, explains why people are still feeling the pinch.

Can anyone ‘fix’ the NHS?

Are waiting times going up or down? This is a question on which the leaders are likely to disagree.

The number of outstanding appointments for NHS England peaked at 7.8 million last August – and has since inched down to 7.5 million.

But as other parties love to point out, the waiting list is still 300,000 appointments higher than the 7.2 million in January 2023, when Mr Sunak originally pledged to cut it.

Labour say it would get waiting times back down to a maximum of four months – as per the NHS target – by the end of their first term.

Apple news NHS waiting list

They’d do this by adding “40,000 extra appointments and operations every week”, including more on evenings and weekends, and buying more equipment.

Sky News analysis has shown that these measures alone may do little to bridge the gap, however.

It takes five additional NHS appointments to remove one treatment pathway from the waiting list, according thinktank The Heath Foundation.

With this conversion rate, Labour’s 40,000 additional appointments equates to 8,000 removed from the waiting list, shown in the bar in orange in the chart above – still falling far short of tackling demand.

How would they approach migration?

Both leaders are keen to position themselves as tough on migration, saying that the record levels of net migration since Brexit in 2016 – reaching 685,000 last year – are too high.

Mr Sunak claims his plans, which include the controversial Rwanda deportation policy and an unspecified cap on net migration numbers, are the answer.

Apple News net migration

But, as Sky News analysis has already shown, caps have failed in the past.

Former prime ministers David Cameron and Theresa May both vowed to cap net migration in the “tens of thousands”. Both failed.

Meanwhile, the Rwanda policy addresses only a tiny fraction of overall numbers, despite its hefty price tag.

It is already set to cost £370m before any removals take place, according to government spending watchdog the National Audit Office (NAO), and could reach an estimated £661m.

It is designed to deter small boats crossings, but these make up only a fraction of asylum claims, and asylum seekers accounted for only 81,000 migrants last year, compared with 432,000 workers and 379,000 students.

Apple news Rwanda in context

Labour have confirmed they will scrap the scheme “straight away”, while the Conservatives have a poor track record of implementing the scheme, so it remains to be seen what the final bill will be.

Nearly two thirds (64%) of 229,000 workers visas granted in 2023 were for healthcare roles like nurses and care workers.

The Tories say their Albania deal shows that deterrence works, with numbers down 90%.

Labour has pledged to “reform resettlement routes to stop people being exploited by gangs”.

Are they really that different on climate and net zero?

Climate and environment comes in fifth in the list of voters’ concerns, according to one YouGov poll.

Yet we have heard fairly little about it recently – the Tories in the last year wanting to distance themselves from it.

A key dividing line is whether to pump more oil and gas from the North Sea.

Mr Sunak wants to “max out” what’s left. Labour says it would stop issuing licences for new projects.

But even though it opposes them, if elected Labour would not actually revoke those handed out by the Tories – which environmentalists have criticised.

The Conservative manifesto says more extraction would “provide energy to homes and businesses across the country”.

But it’s somewhat of a storm in a teacup, because there isn’t much oil or gas left in the North Sea anyway.

The red and blue lines in the chart above show how much – or little – extra the UK might get from new licences – so the decision is more symbolic.

The Tories say they will back renewables, but haven’t really lifted an effective ban on onshore wind farms as promised. Labour wants to double onshore wind power to 35GW by 2030.

Labour’s plans to plug the wells in the North Sea are already putting off some oil majors from turning on the taps at existing projects – and could kill off thousands of jobs, the industry lobby group Offshore Energies UK says.

In reality the parties are more aligned than some of their members would have us believe.

Both back some form of windfall tax until 2029, want to decarbonise most or all electricity by 2030, plan to drive up EVs and want to ramp up solar and offshore wind.

How bad was Sunak’s D-Day gaffe?

It seems no one in Sunak’s team thought an early departure from D-Day commemorations in Normandy would matter.

But oh how it did, drawing criticism from his own party, Labour, and the general public alike.

The polls have not been kind either.

A snap YouGov survey showed two thirds (65%) of those surveyed found the behaviour to be completely or somewhat unacceptable. This rose to three quarters (75%) among the 65+ age group.

Apple News D Day poll

This was a gift to Labour, and something Starmer will likely want to capitalise on during tonight’s debate.

Battle for no 10 promo
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Battle for no 10 promo


The Battle For Number 10 Leaders Special Event, Wednesday 12 June 7pm-10pm on Sky News – free wherever you get your news.

Freeview channel 233, Sky 501, Virgin 603, BT 313 and streaming on the Sky News website, app and across social channels. It is also available to watch on Sky Showcase.

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Labour and Reform in battle for Runcorn by-election seat – but disillusionment could be eventual winner

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Labour and Reform in battle for Runcorn by-election seat - but disillusionment could be eventual winner

On the banks of the Mersey, Runcorn and Helsby is a more complicated political picture than the apparent Labour heartland that first presents itself.

Yes, there are industrial and manufacturing areas – an old town that’s fallen victim to out-of-town shopping, and an out-of-town shopping centre that’s fallen victim to Amazon.

But there are also more middle-class new town developments, as well as Tory-facing rural swathes.

Space Café director Marie Moss says a sense of community has faded
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Space Cafe director Marie Moss says a sense of community has faded

One thing this area does mirror with many across the country, though, is a fed-up electorate with little confidence that politics can work for them.

In the Space Cafe in Runcorn Old Town, its director Marie Moss says many in the region remember a time when a sense of community was more acute.

“People were very proud of their town… and that’s why people get upset and emotional as they remember that,” she says.

It’s this feeling of disenfranchisement and nostalgia-tinged yearning for the past that Reform UK is trading off in its targeting of traditional Labour voters here.

More on Liverpool

Party leader Nigel Farage features heavily on leaflets in these parts, alongside spikey messaging around migration, law and order, and Labour’s record in government so far.

Runcorn 2024 result
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Runcorn 2024 result

Taxi driver Mike Holland hears frequent worries about that record from those riding in the back of his cab.

A Labour voter for decades, he says locals were “made up” at last year’s election result but have been “astonished” since then, with benefit changes a common topic of concern.

“Getting a taxi is two things, it’s either a luxury or a necessity… the necessity people are the disabled people… and a lot of the old dears are so stressed and worried about their disability allowance and whether they are going to get it or not get it,” he says.

But will that mean straight switchers to Reform UK?

Taxi driver Mike Holland has voted for Labour for decades, but is looking at the Liberal Democrats and Greens, or may not vote
Image:
Taxi driver Mike Holland has voted for Labour for decades, but is now looking at the Lib Dems and Greens – or may not vote at all

Mike says he agrees with some of what the party is offering but thinks a lot of people are put off by Mr Farage.

He’s now looking at the Liberal Democrats and Greens, both of whom have put up local politicians as candidates.

Or, Mike says, he may just not vote at all.

It’s in places like Runcorn town that some of the political contradictions within Reform UK reveal themselves more clearly.

Many here say they were brought up being told to never vote Tory.

And yet, Reform, chasing their support, has chosen a former Conservative councillor as its candidate.

It’s no surprise Labour has been trialling attack lines in this campaign, painting Mr Farage’s party as “failed Tories”.

As a response to this, look no further than Reform’s recent nod to the left on industrialisation and public ownership.

👉 Click here to listen to Electoral Dysfunction on your podcast app 👈

Read more:
Tough test for Labour after MP quits
MP jailed for late-night brawl
Local elections could re-shape politics

But head 15 minutes south from Runcorn docks, and this by-election campaign changes.

Rural areas like Frodsham and Helsby have, in the past, tended towards the Tories.

The Conservatives, of course, have a candidate in this vote, one who stood in a neighbouring constituency last year.

But Reform is now making a hard play for their supporters in these parts, with a softer message compared to the one being put out in urban areas – an attempt to reassure those anxious about too much political revolution coming to their privet-lined streets.

Labour, meanwhile, is actively trying to mobilise the anti-Farage vote by presenting their candidate – another local councillor – as the only person who can stop Reform.

Nadine Tan is concerned about division and anger in the community
Image:
Makeup artist Nadine Tan is concerned about division and anger in the community

The pitch here is aimed at voters like Frodsham makeup artist Nadine Tan, who are worried about division and anger in the community.

“I think they need to kind of come together and stop trying to divide everyone,” she says.

But like Mike the taxi driver five miles north, disillusionment could be the eventual winner as Nadine says, despite the “thousands of leaflets” through her door, she still thinks “they all say the same thing”.

One factor that doesn’t seem to be swinging too many votes, though, is the insalubrious circumstances in which the area’s former Labour MP left office.

Suspended Labour MP Mike Amesbury walks outside Chester Magistrates Court.
Pic: Reuters
Image:
Labour MP Mike Amesbury was convicted of punching a man in the street. Pic: Reuters

Mike Amesbury stepped down after being convicted of repeatedly punching a constituent in a late-night brawl outside a pub.

But across the patch, many praise their ex-MP’s local efforts, while also saying he was “very silly” to have acted in the way he did.

That may be putting it mildly.

But it’s hard to find much more agreement ahead of Thursday’s vote.

A constituency still hungry for change, but unsure as to who can deliver it.

Full list of candidates, Runcorn and Helsby by-election:

Catherine Anne Blaiklock – English Democrats
Dan Clarke – Liberal Party
Chris Copeman – Green Party
Paul Duffy – Liberal Democrats
Peter Ford – Workers Party
Howling Laud Hope – Monster Raving Loony Party
Sean Houlston – Conservatives
Jason Philip Hughes – Volt UK
Alan McKie – Independent
Graham Harry Moore – English Constitution Party
Paul Andrew Murphy – Social Democratic Party
Sarah Pochin – Reform UK
Karen Shore – Labour
John Stevens – Rejoin EU
Michael Williams – Independent

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Solana’s Loopscale pauses lending after $5.8M hack

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<div>Solana's Loopscale pauses lending after .8M hack</div>

<div>Solana's Loopscale pauses lending after .8M hack</div>

Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit. 

On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the lending protocol after taking out a “series of undercollateralized loans”, Loopscale co-founder Mary Gooneratne said in an X post. 

The exploit only impacted Loopscale’s USDC and SOL vaults and the losses represent around 12% of Loopscale’s total value locked (TVL), Gooneratne added. 

Loopscale is “working to resume repayment functionality as soon as possible to mitigate unforeseen liquidations,” its said in an X post. 

“Our team is fully mobilized to investigate, recover funds, and ensure users are protected,” Gooneratne said.

Solana's Loopscale pauses lending after $5.8M hack
Loopscale’s ‘Genesis’ lending vaults. Source: Loopscale

In the first quarter of 2025, hackers stole more than $1.6 billion worth of crypto from exchanges and on-chain smart contracts, blockchain security firm PeckShield said in an April report. 

More than 90% of those losses are attributable to a $1.5 billion attack on ByBit, a centralized cryptocurrency exchange, by North Korean hacking outfit Lazarus Group.

Related: Crypto hacks top $1.6B in Q1 2025 — PeckShield

Unique DeFi lending model

Launched on April 10 after a six-month closed beta, Loopscale is a DeFi lending protocol designed to enhance capital efficiency by directly matching lenders and borrowers.

It also supports specialized lending markets, such as “structured credit, receivables financing, and undercollateralized lending,” Loopscale said in an April announcement shared with Cointelegraph. 

Loopscale’s order book model distinguishes it from DeFi lending peers such as Aave that aggregate cryptocurrency deposits into liquidity pools.

Solana's Loopscale pauses lending after $5.8M hack
Loopscale’s daily active users. Source: Mary Gooneratne

Loopscale’s main USDC and SOL vaults yield APRs exceeding 5% and 10%, respectively. It also supports lending markets for tokens such as JitoSOL and BONK (BONK) and looping strategies for upwards of 40 different token pairs. 

The DeFi protocol has approximately $40 million in TVL and has attracted upwards of 7,000 lenders, according to researcher OurNetwork.

Magazine: Ripple says SEC lawsuit ‘over,’ Trump at DAS, and more: Hodler’s Digest, March 16 – 22

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US Senator calls for Trump impeachment, cites memecoin dinner

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US Senator calls for Trump impeachment, cites memecoin dinner

US Senator calls for Trump impeachment, cites memecoin dinner

United States Senator Jon Ossoff expressed support for impeaching President Donald Trump during an April 25 town hall, citing the President’s plan to host a private dinner for top Official Trump memecoin holders. 

“I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin,” said Ossoff, a Democrat, according to a report by NBC News. 

“When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense.”

Senator Ossoff said he “strongly” supports impeachment proceedings during a town hall in the state of Georgia, where he is running for reelection to the Senate.

The Senator added that an impeachment is unlikely unless the Democratic Party gains control of Congress during the US midterm elections in 2026. Trump’s own Republican Party currently has a majority in both the House of Representatives and the Senate. 

US Senator calls for Trump impeachment, cites memecoin dinner
TRUMP holders can register to dine with the US President. Source: gettrumpmemes.com

Related: US lawmaker says TRUMP coin could risk national security

Conflicts of interest

On April 23, the Official Trump (TRUMP) memecoin’s website announced plans for Trump to host an exclusive dinner at his Washington, DC golf club with the top 220 TRUMP holders. 

The website subsequently posted a leaderboard tracking top TRUMP wallets and a link to register for the event. The TRUMP token’s price has gained more than 50% since the announcement, according to data from CoinMarketCap.

The specific guest list is unclear, but the memecoin’s website states that applicants must pass a background check, “can not be from a [Know Your Customer] watchlist country,” and cannot bring any additional guests.

On April 25, the team behind TRUMP denied social media rumors that TRUMP holders need at least $300,000 to participate in an upcoming dinner with the president.

“People have been incorrectly quoting #220 on the block explorer as the cutoff. That’s wrong because it includes things like locked tokens, exchanges, market makers, and those who are not participating. Instead, you should only be going off the leaderboard,” they wrote.

Law, Politics, Senate, Donald Trump, trumpcoin, Memecoin
The TRUMP token jumped on news of the private dinner plans. Source: CoinMarketCap

Legal experts told Cointelegraph that Trump’s cryptocurrency ventures, including the TRUMP memecoin and Trump-affiliated decentralized finance (DeFi) protocol World Liberty Financial, raise significant concerns about potential conflicts of interest

“Within just a couple of days of him taking office, he’s signed a number of executive orders that are significantly going to affect the way that our crypto and digital assets industry works,” Charlyn Ho of law firm Rikka told Cointelegraph in February. 

“So if he has a personal pecuniary benefit arising from his own policies, that’s a conflict of interest.”

Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions

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