The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union.
Angela Rayner has issued an angry call to MPs to sit “through the night” to stop hereditary peers delaying her flagship employment rights bill.
In an outburst at the start of the latest “ping pong” between the Lords and Commons, she said: “What’s wrong with protecting people from unfair dismissal?”
The former deputy prime minister hit out at the delaying tactics of the House of Lords, with the clock ticking only days before parliament’s Christmas recess.
The bill now goes back to the Lords on Tuesday, when ministers hope peers will drop their opposition so the bill can receive royal assent by the time parliament rises on Thursday.
Ms Rayner’s attack on hereditary peers followed a government defeat in the Lords by 24 votes last week, just days before Sir Keir Starmer created 25 new Labour peers.
“What message does this send to the British public, when 33 hereditary peers have tried to defeat the government by 24 votes on a manifesto promise on sick pay, for example, which will miss the deadline for April for some of the lowest earners from some of the wealthiest?” she declared.
“Shouldn’t we get on, go through the night if we have to, and get this bill passed?”
And employment minister Kate Dearden told MPs: “We have been in ping pong for far too long, and further delay is not in anyone’s best interest.”
Please use Chrome browser for a more accessible video player
0:26
Rayner makes speech on Employment Rights Bill
At the end of an hour-long debate, MPs voted by 311 votes to 96, a majority of 215, to remove a cap on unfair dismissal compensation, overturning a vote in the Lords last week.
In its attempts to get the bill through the Lords, ministers have abandoned day one protection against unfair dismissal and, after a deal with trade unions, replaced it with a six-month qualifying period.
But at the same time the government introduced an 11th hour measure to scrap compensation caps for unfair dismissal, which is currently 52 weeks’ pay or £118,223, whichever is lower.
Image: Tory MP Andrew Griffith attacked plans to lift a compensation cap. Pic: PA
Shadow business secretary Andrew Griffith, who has led Tory opposition to the bill, attacked the removal of a cap.
“It wasn’t in the manifesto, it wasn’t in the bill, it wasn’t in the impact assessment,” he protested.
Earlier, in a boost for the government, six business groups urged peers to back down and end the parliamentary “ping pong” between the Commons and the Lords.
The groups, including the Confederation of British Industry (CBI) and the British Chamber of Commerce (BCC), fear the six-month unfair dismissal compromise agreed with the unions could be at risk.
“To avoid losing the six-month qualifying period, we therefore believe that now is the time for parliament to pass the bill,” they urged in a letter to Business Secretary Peter Kyle.
Mr Kyle said “all parties… have made difficult but necessary compromises to bring this bill forward” and urged “everyone” to recognise business groups and trade unions want it passed “without further delay”.
The US Securities and Exchange Commission has dismissed cryptocurrency cases under the Trump administration at a significantly higher rate than those involving other aspects of securities laws.
According to a Sunday report from The New York Times, since US President Donald Trump took office in January, the SEC has paused, dropped investigations related to or dismissed about 60% of cases involving companies and projects in the cryptocurrency industry. The report cited high-profile cases, including the SEC’s lawsuits against Ripple Labs and Binance, adding that the financial regulator was “no longer actively pursuing a single case against a firm with known Trump ties.”
The SEC told The New York Times that political favoritism had “nothing to do” with its crypto enforcement strategy, and the shift to dismiss investigations and cases was for legal and policy reasons. The news outlet also noted that it had found no evidence suggesting that Trump had pressured the agency to drop investigations or cases.
“[T]he idea that the regulatory pivot on crypto over the last year is somehow because of the president’s personal interest, and not because the prior regulatory posture was absolutely insane,” said Alex Thorn, head of firmwide research at Galaxy Digital, in response to The New York Times report. ”[It] is dishonest framing that ignores 4 years of direct attacks by the actual partisans.”
Trump family entities have significantly expanded their involvement in the digital asset industry in 2025, with entities linked to the president or his family participating in several cryptocurrency-related projects, including World Liberty Financial, Trump’s memecoin, Official Trump (TRUMP) and the president’s sons’ Bitcoin (BTC) mining venture, American Bitcoin.
Remaining Democratic SEC commissioner set to leave agency in weeks
Though the SEC’s Paul Atkins will likely remain chair of the commission for years, the agency is set to lose the final Democratic member on its leadership after her term expired in 2024.
In January, Caroline Crenshaw is expected to depart the SEC, having served 18 months beyond the expiration of her initial term. At the time of publication, Trump had not announced any potential replacements for Crenshaw or for the other empty Democratic seat at the regulatory agency.
In contrast to Atkins and other Republican commissioners, Crenshaw has been publicly critical of the agency’s approach to digital assets under the Trump administration. In one of her final public appearances as the agency’s commissioner last week, Crenshaw said loosening regulations on crypto could ”lead to more significant market contagion.”
Specialist investigation teams for rape and sexual offences are to be created across England and Wales as the home secretary declares violence against women and girls a “national emergency”.
Shabana Mahmood said the dedicated units will be in place across every force by 2029 as part of Labour’s violence against women and girls (VAWG) strategy due to be launched later this week.
The use of Domestic Abuse Protection Orders (DAPOs), which had been trialled in several areas, will also be rolled out across England and Wales. They are designed to target abusers by imposing curfews, electronic tags and exclusion zones.
The orders cover all forms of domestic abuse, including economic abuse, coercive and controlling behaviour, stalking and ‘honour’-based abuse. Breaching the terms can carry a prison term of up to five years.
Please use Chrome browser for a more accessible video player
2:10
Govt ‘thinking again’ on abuse strategy
Nearly £2m will also be spent funding a network of officers to target offenders operating within the online space.
Teams will use covert and intelligence techniques to tackle violence against women and girls via apps and websites.
A similar undercover network funded by the Home Office to examine child sexual abuse has arrested over 1,700 perpetrators.
More on Domestic Abuse
Related Topics:
Abuse is ‘national emergency’
Ms Mahmood said in a statement: “This government has declared violence against women and girls a national emergency.
“For too long, these crimes have been considered a fact of life. That’s not good enough. We will halve it in a decade.
“Today, we announce a range of measures to bear down on abusers, stopping them in their tracks. Rapists, sex offenders and abusers will have nowhere to hide.”
Please use Chrome browser for a more accessible video player
0:51
Angiolini Inquiry: Recommendations are ‘not difficult’
The government said the measures build on existing policy, including facial recognition technology to identify offenders, improving protections for stalking victims, making strangulation a criminal offence and establishing domestic abuse specialists in 999 control rooms.
But the Conservatives said Labour had “failed women” and “broken its promises” by delaying the publication of the violence against women and girls strategy.
Shadow home secretary Chris Philp said that Labour “shrinks from uncomfortable truths, voting against tougher sentences and presiding over falling sex-offender convictions. At every turn, Labour has failed women”.
Home Secretary Shabana Mahmood will be on Sunday Morning with Trevor Phillips on Sky News this morning from 8.30am.