Leaders and politicians of all parties are coming out swinging today as the general election campaign enters the final days.
Rishi Sunak is today saying that Labour would cause “irreversible damage within just 100 days of coming to power”, while his top lieutenants warn of the “danger” of a government led by Sir Keir Starmer.
With polls throughout the campaign showing the Conservative Party failing to make a dent in Labour’s 21-point lead, according to the Sky News Poll Tracker, the prime minister only has days to change minds across the country in his bid to retain power.
Meanwhile, the Labour leader is arguing that if the Conservatives are re-elected, “they will feel entitled to continue serving themselves, rather than putting the needs of our country first”.
Liberal Democrat leader Sir Ed Davey is continuing to promote his party’s proposals for the NHS, while SNP leader John Swinney is arguing that the Scottish public should “vote SNP to put Scotland’s interests first”.
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The Conservative Party is continuing its warning that a Labour government would see taxes rise, and the prime minister is arguing electing Sir Keir would do “irreversible damage within just 100 days of coming to power”.
Mr Sunak said that Labour’s plans to impose VAT on private school fees would risk “throwing thousands of families’ plans for the autumn term into chaos, with children wondering if they will have a desk at school to go back to”.
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And he also claimed that Labour would make Britain the “soft touch migrant capital of the world” with “open borders” and an “illegal migrant amnesty”.
The prime minister added: “They cannot be trusted. We must not surrender our taxes, our borders and our security to them. Only the Conservatives will deliver tax cuts, a growing economy and a brighter, more secure future for everyone.”
Image: Rishi Sunak speaking at a Hindu temple in northwest London on Saturday. Pic: PA
Foreign Secretary Lord Cameron went further in an interview with The Sunday Times, suggesting that a Labour government would be a threat to national security.
He told the newspaper that Sir Keir “is in danger of weakening Britain’s position and weakening Britain’s defences, all in a way that’s completely unnecessary”.
The ex-prime minister described Labour as “hopelessly naive about the dangerous world in which we’re living”, adding: “The last thing we need in Britain now is another liberal leftie lawyer running the country.”
But Sir Keir hit back, noting that the government has already given him “high level sensitive briefings, so much do they trust us on national security”.
“To now turn around and make this ridiculous claim just shows how desperate they have become going into this election,” he added.
Starmer appeals for ‘clear mandate’ to govern
The Labour leader and the potential next chancellor, Rachel Reeves, also spoke to The Sunday Times, and they talked about their goal of getting housebuilding ramping up “on day one” if they win the election.
Image: Keir Starmer with wife Victoria (right) and deputy Labour leader Angela Rayner at the Royal Horticultural Halls in central London on Saturday. Pic: PA
The newspaper reports that at least three housing announcements are expected to be made within the first fortnight of a Labour government, saying that opportunities for young people from working-class backgrounds to own their own home “don’t exist”.
And in an article for The Observer, Sir Keir wrote that if voters elect Labour on Thursday, “the work of change begins” and they will “get to work on repairing our public services with an immediate cash injection, alongside urgent reforms”.
He also attacked the Tories’ record in power, saying if they are re-elected, “Britain will remain stuck in their low-growth, high-tax, declining public services doom-loop”.
“The unfunded splurge contained in their manifesto will unleash chaos into our economy once again. And they will feel entitled to continue serving themselves, rather than putting the needs of our country first,” he added.
“Frankly, should they win another five years after everything they’ve put us through in this parliament, they would surely think they could get away with anything.”
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2:26
What do voters think of manifestos?
He appealed for a “clear mandate” to implement his plans, pointing to “chaos” under Mr Sunak and Liz Truss before him as examples of what happens when prime ministers seek to “govern without that mandate”.
Meanwhile in Scotland, the leader of the SNP is appealing to Scots to back his party as polls show that Labour could become the largest Scottish parliamentary contingent in over a decade.
John Swinney argued that while “the result in England is now inevitable”, in “most seats in Scotland it’s too close to call between the SNP and Labour”.
Image: SNP leader John Swinney (right) and SNP candidate Tommy Sheppard serve pizza at Portobello Beach and Promenade, Edinburgh. Pic: PA
He hit out at the Labour Party, saying a Starmer government “plans to impose £18bn of cuts to public spending – after years of austerity, Brexit and the ongoing cost of living crisis”.
To avoid that, he said, and to “ensure that decisions about Scotland are made in Scotland, then you’ve got to vote SNP”.
“The SNP offers Scotland the hope of a better future – but you have to vote for it. This Thursday, vote SNP to put Scotland’s interests first,” he added.
Tories have ‘failed’ to support families in grief
The Liberal Democrats are continuing to unveil policies, focused on the NHS and reversing “heartless Tory cuts” to bereavement payments.
On the latter as it stands, a bereaved family where a spouse or partner has died receives a lump sum of up to £3,500, followed by a monthly payment of up to £350 for 18 months.
Image: Sir Ed Davey tries his hand at archery in Little Paxton, Cambridgeshire. Pic: PA
The party is calling for this period to be extended, and is pledging to inject an additional £440m a year into the system by 2028-29 to fund it.
Sir Ed Davey said in a statement: “Rishi Sunak’s government has failed to ensure families are not left struggling to pay the bills at such a difficult period of time.
“The Liberal Democrats would treat families and children who lose a loved one with dignity and provide the support they deserve.”
He also reiterated his party’s pledge to give people a legal right to see a GP within a week and start cancer treatment within two months, with Sir Ed saying that his party has “put health and care at the heart of our fair deal for the country”.
Farage goes on the attack
Meanwhile, Reform UK is on the offensive after facing a slew of racism allegations over recent days.
Image: Nigel Farage during a BBC Question Time Leaders’ Special at the Midlands Arts Centre in Birmingham. Pic: PA
The party yesterday withdrew support for three candidates, and it came on the heels of Channel 4 news airing footage filmed undercover that showed Andrew Parker, an activist canvassing for Mr Farage, using the racial slur “P***” to describe the prime minister, describing Islam as a “disgusting cult”, and saying the army should “just shoot” migrants crossing the Channel.
Nigel Farage has gone on the attack, with the party saying it has reported Channel 4 to the elections watchdog for alleged “scandalous… interference” over what the party claims was a fake rant planted by the broadcaster.
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The key election words you need to know
Mr Farage also hit out at the BBC, saying he would refuse to appear on their flagship Sunday morning show until they apologise for their “dishonest” audience during a BBC Question Time special on Friday, accusing the broadcaster of having “behaved like a political actor throughout this election”.
He will hold a vast rally in Birmingham later today, after speaking to Sky News from Sunday Morning With Trevor Phillips at 8.30am.
Reform UK leader Nigel Farage will be joining Sky News’ Trevor Philips from 8.30am this morning on his last programme before the election – along with Deputy Prime Minister Oliver Dowden, Labour’s national campaign coordinator Pat McFadden, and SNP leader and Scottish First Minister John Swinney.
Nasdaq has filed for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF) in the US, initiating the Securities and Exchange Commission’s review process.
The stock market’s May 23 19b-4 filing, which asks the SEC to list the 21Shares SUI ETF, follows 21Shares’ April 30 submission of its S-1 registration statement to the SEC, which asked the regulator to approve trading of the proposed fund.
Both regulatory filings are needed for the Sui (SUI) tracking fund to gi live, with the 19b-4 filing kicking off the SEC’s review process. The agency must decide whether to accept, reject or delay the application within 45 days and it can delay its decision multiple times, for a maximum review period of 240 days.
The SEC must decide on 21Shares’ application by Jan. 18, 2026, at the latest.
21Shares proposed BitGo and Coinbase Custody as the custodians to hold SUI on behalf of the trust, however, the filing did not include details on a management fee or ticker.
Canary Capital is the only other asset manager that has submitted 19b-4 and S-1 filings to list a spot Sui ETF, filing the forms on April 8.
21Shares said in its 19b-4 filing that the SUI token powers the Sui network and serves four main purposes: it can be staked to earn rewards, used to pay gas fees, function as a liquid asset for Sui applications and serve as a governance token.
The Sui ecosystem is largely focused on decentralized applications and has been dubbed a potential Solana killer.
SUI is the 13th-largest cryptocurrency, but its $12.3 billion market cap remains a fraction of Solana (SOL)’s $92 billion market cap, according to CoinGecko.
21Shares aims to add to SUI offerings
21Shares already lists a Sui exchange-traded product in Europe, on the Euronext Paris and Euronext Amsterdam stock exchanges.
Those listings have contributed to SUI-based exchange-traded products having $317.2 million in assets under management (AUM), according to a May 26 report from CoinShares.
Flows into SUI ETPs increased by $2.9 million between May 16 and May 24, and only trails Bitcoin (BTC), Ether (ETH), Solana and XRP (XRP) in terms of net assets.
Building a permanent US strategic Bitcoin reserve would likely require targeted legislation rather than executive action, according to VanEck’s head of digital assets, Matthew Sigel. Speaking at Bitcoin 2025 in Las Vegas, Sigel said the most viable path forward may involve inserting Bitcoin mining incentives into the congressional budget reconciliation process.
According to Sigel, the most effective path to growing a US strategic Bitcoin reserve would be through targeted amendments to congressional budget legislation. These could include tax credits for mining companies that use methane gas and other incentives aimed at encouraging miners to share a portion of their mined BTC with the federal government.
He argued that such an approach would allow the reserve to grow organically over time. Sigel also highlighted the limitations of executive actions in achieving this goal:
“The problem with executive action is that it’s going to prompt lawsuits. And anything over $100 million is going to get sued by the Elizabeth Warrens of the world. So, I would say start with something maybe in the Exchange Stabilization Fund for $100 million.”
US President Donald Trump established the US Bitcoin Strategic Reserve through a March 7 executive order. According to the order, the US government can only acquire Bitcoin through budget-neutral strategies or asset forfeiture, prompting a range of different ideas on how to add to the government’s stockpile of nearly 200,000 BTC.
From left to right, Alex Thorn, Matthew Sigel, Matthew Pines and Fred Thiel. Source: Turner Wright/Cointelegraph
Converting gold to Bitcoin would allow the US government to purchase more Bitcoin without incurring a cost to the taxpayer, Lummis said.
Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, echoed the idea in March 2025.
Hines called on the US Treasury to revalue its gold holdings, which are currently priced at just $42.22 per troy ounce, and convert a portion of those gains to Bitcoin. This strategy would also be budget-neutral, Hines said.
The price of gold reached an all-time high of $3,500 per ounce in April but experienced a minor pullback to around $3,300 on May 27.
US President Donald Trump supports the BITCOIN Act and has a team of experts in the White House working to roll out landmark digital asset legislation in the coming weeks, according to Wyoming Senator Cynthia Lummis.
Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Lummis said she is bringing the BITCOIN ACT to the “attention of the American people and the world,” adding that, “President Trump supports the bill.”
In March, Lummis reintroduced the BITCOIN Act — landmark legislation that directs the US government to acquire 1 million Bitcoin (BTC) over five years. The acquisitions would be financed using existing funds within the Federal Reserve System and the Treasury Department.
As Cointelegraph reported, the Trump administration has reiterated the need to use “budget-neutral ways” to acquire Bitcoin without burdening taxpayers.
At the Bitcoin Conference, Lummis said the Trump administration has a team working on “digital asset issues,” including legislation on stablecoins, market structure and the Bitcoin Strategic Reserve.
“They will probably roll out in that order,” she said.
“The Senate Banking Committee has passed the stablecoin bill out of committee,” said Lummis, adding:
“We’re getting close to being ready to have it on the floor. We’ve worked for untold hours with the minority party to satisfy them, and we should be voting on it the week before we get back from this break.”
GENIUS Act on stablecoins is “going to pass,” says White House crypto czar
The White House seems to be in alignment with Senator Lummis.
Last week, Trump’s top crypto adviser, David Sacks, said the GENIUS stablecoin bill is “going to pass” the Senate with bipartisan support after clearing a key procedural vote on May 19.
On May 19, the Senate voted 66 to 32 to advance debate on the GENIUS Bill. Source: US Senate
Stablecoins have become one of the most prominent use cases for blockchain technology, with some industry advocates arguing that they could help extend the US dollar’s dominance as the global reserve currency.
Collateralized, dollar-backed stablecoins like Tether’s USDt (USDT) and Circle’s USDC (USDC) account for more than 85% of the $250 billion market, according to CoinMarketCap.