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Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official.

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Trump win confirmed? Jim Cramer says markets predict Harris win

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Trump win confirmed? Jim Cramer says markets predict Harris win

Some crypto investors see a Trump victory due to the infamous “inverse Cramer” effect, following the television host’s prediction of a Harris victory.

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No job for Tom Tugendhat in Kemi Badenoch’s shadow cabinet as Chris Philp appointed shadow home secretary

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No job for Tom Tugendhat in Kemi Badenoch's shadow cabinet as Chris Philp appointed shadow home secretary

Tom Tugendhat is not serving in Kemi Badenoch’s shadow cabinet, it has been revealed – as the new Tory leader continued her appointments today.

Former Home Office minister Chris Philp has been awarded the job of shadow home secretary, the last of the key posts to be announced.

A Conservative source told Sky News Mr Tugendhat was offered a job and turned it down.

Unveiling a host of appointments today, Ms Badenoch, who was elected leader of the Conservative Party last weekend, confirmed that Ed Argar would be the shadow health secretary, while James Cartlidge will take on the role of shadow defence secretary.

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Former business minister Kevin Hollinrake will shadow Angela Rayner on the housing brief, while Victoria Atkins will take on the role of shadow environment secretary.

Claire Coutinho, who was the energy secretary under Rishi Sunak, will continue in the opposition version of the role.

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Helen Whately has been appointed shadow work and pensions secretary and Andrew Griffith, the former economic secretary to the Treasury, is the new shadow business and trade secretary.

Ms Badenoch, who became Conservative leader on Saturday, started officially appointing her shadow cabinet on Sunday evening.

Yesterday Dame Priti Patel made a comeback to frontline politics after the new Conservative leader appointed her as shadow foreign secretary.

Former shadow work and pensions secretary Mel Stride, who ran in the Tory leadership race and is considered more of a moderate than Ms Badenoch, was also made shadow chancellor.

The move has been interpreted as Ms Badenoch making an effort to unite the party following its bruising election defeat, which saw it reduced to just 121 seats.

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Badenoch: ‘It is time to renew’

Robert Jenrick, who lost out to Ms Badenoch in the Tory leadership race, is the new shadow justice secretary, while Laura Trott, who previously served as chief secretary to the Treasury, was appointed shadow education secretary.

Now the Conservatives are in opposition, the shadow cabinet’s role is to scrutinise the policies and actions of the government and offer alternative policies.

Other roles that have been confirmed today include Stuart Andrew as shadow culture secretary, Gareth Bacon as shadow transport secretary, Andrew Bowie as shadow Scotland secretary, Alex Burghart as shadow Chancellor of the Duchy of Lancaster and Shadow Secretary of State for Northern Ireland and Mims Davies as shadow Wales secretary and shadow minister for women.

Former transport minister Jesse Norman has been appointed as shadow leader of the Commons while Richard Fuller is the new shadow chief secretary to the Treasury and Alan Mak is the new shadow science secretary.

Read more:
Who’s who in Kemi Badenoch’s new shadow cabinet?
University tuition fee rise branded ‘morally wrong’

During the Conservative Party leadership race, Ms Badenoch suggested that all six MPs who ran against her for the top job – Mr Jenrick, Mr Tugendhat, Mr Stride, Ms Patel and James Cleverly – would be offered a job in her shadow cabinet.

Mr Cleverly, who came third in the leadership race, said on Friday he would not be joining Ms Badenoch’s top team.

It is understood Ms Badenoch will appoint the remainder of the team later in the week and on a rolling basis.

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Meet the pro-crypto contenders who could replace SEC chief Gary Gensler

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Meet the pro-crypto contenders who could replace SEC chief Gary Gensler

There are several new candidates who could potentially become the next chair of the SEC.

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