Connect with us

Published

on

Sir Keir Starmer met Taylor Swift when he attended her concert at Wembley Stadium, Sky News understands.

It has emerged the prime minister and his family spoke to the pop star and her mum for 10 minutes and discussed the Southport stabbings.

The revelation comes amid questions over government intervention in talks over the security for the concerts after Swift was given a taxpayer-funded police escort despite reservations from the Met.

Politics latest: PM refuses to rule out increasing employer national insurance

It had not been clear previously if Sir Keir and Swift had met at the gig.

There was no discussion about the provision of security for the artist, which Downing Street said was an independent operational matter for police, it is understood.

Sir Keir and his family were given free tickets to the concert on 20 August, which were declared as required, and have since been paid back.

FILE - Taylor Swift performs at Wembley Stadium as part of her Eras Tour, June 21, 2024, in London. (Photo by Scott A Garfitt/Invision/AP, File)
Image:
Taylor Swift performing at Wembley Stadium. Pic: AP

The meeting came after the superstar cancelled gigs on her Eras Tour in Austria due to a terror threat, and the mass stabbing in Southport at a Taylor Swift-themed dance class, when three young girls were killed.

Sir Keir was invited to the August show by Universal Music, which is based in his constituency of Holborn and St Pancras.

He paid back the cost of the tickets after a row over ministers accepting freebies dominated headlines during his first 100 days.

Please use Chrome browser for a more accessible video player

Questions over Taylor Swift motorcade

Further questions were raised after a report in The Sun alleged Home Secretary Yvette Cooper and London Mayor Sadiq Khan spoke to the Metropolitan Police to encourage them to give the megastar a “VVIP escort”, when she returned to the capital to complete the European leg of her sell-out tour in August.

The Met was reportedly reluctant to sign it off as a blue-light escort is typically reserved for senior members of the Royal Family and high-level politicians, because it comes at huge expense to the taxpayer, the newspaper reported.

Swift’s mother Andrea, who is also her manager, apparently threatened to pull her daughter’s three shows if the police convoy was not provided.

The government has denied that senior Labour figures were given tickets to the shows in exchange for police protection, stressing the Met makes decisions independently from politicians.

Read more:
Huge scale of Starmer’s gifts and freebies revealed
Westminster Accounts: Search for your MP

Last week, deputy prime minister Angela Rayner said it was down to the fact Swift’s concerts in Vienna had been cancelled due to a foiled terror attack, which was intended to kill tens of thousands of fans.

“We needed to make sure that that person was safe. And it was a policing matter, not an issue for politicians. It was the police that make the decision,” she said.

She added that police provided the security to ensure Swift could continue with the concerts “which brought in huge amounts of investment of money into our economy, including those small businesses that need that support”.

Culture Secretary Lisa Nandy told Sky News “you would expect” the home secretary and the mayor to be involved in a conversation “where there is a security risk”, such as after the Vienna bomb plot.

“I really utterly reject that there’s been any kind of wrongdoing or undue influence in this case,” she said.

Continue Reading

Politics

Sacks and his VC firm sold over $200M in crypto and stocks before WH role

Published

on

By

Sacks and his VC firm sold over 0M in crypto and stocks before WH role

Sacks and his VC firm sold over 0M in crypto and stocks before WH role

David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed.

“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” said the memorandum dated March 5.

Crypto sell-off in an effort to prevent conflict of interest

The memorandum said “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar — in which a major part of his role is to help create a legal framework for the crypto industry.

Sacks offloaded all the “liquid cryptocurrency” in his portfolio, as well as Craft Ventures’ portfolio — the investment firm he co-founded in 2017 — including holdings in Bitcoin (BTC), Ether (ETH), and Solana (SOL) before US President Donald Trump’s inauguration on Jan. 20.

United States, Donald Trump

The memorandum outlined which cryptocurrencies and crypto-related stocks David Sacks sold prior to Trump’s inauguration. Source: The White House

Since Trump’s inauguration, the crypto market has seen a major decline amid a broader market downturn, with many blaming Trump’s proposed tariffs and uncertainty over US interest rates.

While Bitcoin tapped a new all-time high of $109,000 just hours before Trump was sworn in as the 47th US president, it recently dipped below $80,000 on Feb. 27, erasing all post-election gains. At the time of publication, Bitcoin is trading at $84,155, as per CoinMarketCap data.

Sacks also divested from publicly traded crypto-related firms, including Coinbase (COIN), Robinhood (HOOD), and stakes in private digital asset companies.

Additionally, he sold his limited partner interest in Solana-focused Multichain Capital and crypto-focused venture capital firm Blockchain Capital. At the same time, Craft Ventures offloaded its holdings in Multichain Capital and Bitwise Asset Management.

Sen. Warren urged Sacks to prove he no longer holds crypto

The memorandum is dated one day before Massachusetts Senator Elizabeth Warren urged Sacks in a March 6 letter to prove he no longer holds any digital assets, following Sacks’ claim in an X post that he sold off all his crypto.

“Despite your public statements via X, it remains unclear exactly when you personally divested from BTC, ETH, and SOL, when Craft Ventures divested from Bitwise, and whether people close to you ‘may have held positions and sold into the recent price surge,” Warren said.

Since Sacks started the White House crypto role, he has been a vocal advocate on various issues in the crypto industry, from the importance of a Strategic Bitcoin Reserve to not over-taxing the crypto industry.

Related: Bitcoin panic selling costs new investors $100M in 6 weeks — Research

Sacks recently shut down the idea of crypto transaction taxes on an episode of the All In Podcast after host Jason Calacanis proposed charging a 0.01% tax on every cryptocurrency transaction.

“That’s always how taxes start. They are described as being very modest,” Sacks said.

“You know, when the income tax started, it only applied to like a thousand Americans, and the legislators swore up and down that it would never be applied to middle-class people,” Sacks added.

Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

Continue Reading

Politics

Starmer to host virtual meeting of ‘coalition of the willing’ – and demand ‘concrete commitments’ on Ukraine

Published

on

By

Starmer to host virtual meeting of 'coalition of the willing' - and demand 'concrete commitments' on Ukraine

Sir Keir Starmer will host a virtual meeting of world leaders to discuss peacekeeping in Ukraine, and he will use the call to say that now is the time for “concrete commitments”, Downing Street has said.

Around 25 leaders are expected to join the call on Saturday morning, in which they will discuss in more detail the peacekeeping mission the prime minister has called the ‘coalition of the willing’.

Sir Keir will ask allies to continue to ramp up military support to Ukraine.

He will also say countries need to increase economic pressure on Russia in the short term, and be prepared to support an eventual peace deal over the long term, should an agreement be reached.

👉 Listen to Sky News Daily on your podcast app 👈

Attendees will also receive an update on the discussions of defence ministers and military chiefs in Paris this week, and they will all set out details of their own efforts to unlock further military support for Ukraine.

Downing Street has confirmed that some European countries, the EU Commission, NATO, Canada, Ukraine, Australia and New Zealand are expected to join the virtual meeting.

More on Russia

Please use Chrome browser for a more accessible video player

Is a ceasefire in Ukraine still viable?

Starmer: The world needs to see action

In a statement ahead of the call, the prime minister said: “We can’t allow President Putin to play games with President Trump’s deal.

“The Kremlin’s complete disregard for President Trump’s ceasefire proposal only serves to demonstrate that Putin is not serious about peace.

“If Russia finally comes to the table, then we must be ready to monitor a ceasefire to ensure it is a serious and enduring peace, if they don’t, then we need to strain every sinew to ramp up economic pressure on Russia to secure an end to this war.”

Please use Chrome browser for a more accessible video player

Peace ‘must be secure’, PM tells Sky News

He went on to accuse the Russian president of “trying to delay” by “saying there must be a painstaking study before a ceasefire can take place”.

“The world needs to see action, not a study or empty words and pointless conditions,” he continued.

“My message to the Kremlin could not be clearer: stop the barbaric attacks on Ukraine, once and for all, and agree to a ceasefire now. Until then, we will keep working around the clock to deliver peace.”

Sir Keir has said Britain could send peacekeepers to Ukraine in the event of a ceasefire deal, but has called on Washington to offer a security ‘backstop’ to those forces.

Russia casts doubt on potential ceasefire

The meeting comes after Ukraine backed the US’s proposal for a 30-day ceasefire.

But the Russian president has said “lots of questions” remain over that proposal, and that a ceasefire must lead to “long-term peace” which “would remove the initial reasons for the crisis”.

Read more:
The ‘coalition of the willing’ that could secure peace in Ukraine
Russia sticks to red lines on 30-day Ukraine ceasefire plan
Trump’s fixer was made to wait eight hours to meet Putin

Please use Chrome browser for a more accessible video player

Putin lists ceasefire conditions

Moscow has reportedly also presented a “list of demands” to the US to end the war, which would include international recognition of Russia’s claim to Crimea and four Ukrainian provinces and an agreement that foreign troops not be deployed in Ukraine.

Ukraine’s president Volodymyr Zelenskyy said Mr Putin’s remarks were “very predictable” and “very manipulative”, adding that the Russian president was preparing to reject the ceasefire proposal he agreed with the US.

Continue Reading

Politics

UK authorizes charges against NCA officer for alleged Bitcoin theft

Published

on

By

UK authorizes charges against NCA officer for alleged Bitcoin theft

UK authorizes charges against NCA officer for alleged Bitcoin theft

The agency responsible for conducting criminal prosecutions in England and Wales announced that a National Crime Agency (NCA) officer was due to be charged with the alleged theft of Bitcoin worth roughly $75,000 in 2017.

In a March 14 notice, the Crown Prosecution Service said it had authorized the Merseyside Police to charge NCA officer Paul Chowles with 15 offenses related to the alleged Bitcoin (BTC) theft “during an investigation into online organized crime.” Authorities said Chowles could face one count of theft, 11 charges for concealing, disguising, or converting criminal property and three counts for acquiring, using or possessing criminal property.

The 50 Bitcoin, worth roughly $75,000 before the December 2017 bull run, was valued at more than $4.2 million at the time of publication at a BTC price of $84,541. The NCA officer is expected to appear at the Liverpool Magistrates’ Court on April 25.

Related: British man sues council for $647M over lost Bitcoin in landfill

In April 2024, amendments to the UK’s Economic Crime and Corporate Transparency Act authorized NCA officers and local police to seize crypto from suspected criminals without arresting them. The Crown Prosecution Service did not mention how Chowles allegedly stole the Bitcoin or whether the funds were connected to illicit activities.

Crypto policies across the pond

The NCA said in December 2024 that it had seized roughly $26 million in cash and crypto and arrested 84 people as part of a global campaign to fight money laundering and organized crime. Some of the crypto addresses targeted by UK authorities at the time “showed regular exposure to Garantex.” The founder of the Russian crypto exchange was arrested in India in March and is expected to be extradited to the US to face criminal charges. 

The UK government is expected to move forward on creating a comprehensive regulatory framework for digital assets in 2025 following the Labour government’s election victory. The country remains a significant market for crypto users, with Coinbase securing approval to operate from the financial regulatory body in February.

Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

Continue Reading

Trending