A veteran Labour MP and the long-standing mayor of London are among a handful of politicians named in the King’s New Year Honours list.
Former shadow attorney general Emily Thornberry, who has been made a dame, appears on the list alongside Sadiq Khan, who has been made a knight after securing a record third term as mayor of London.
Former Conservative MP Ranil Jayawardena – who was environment secretary for a matter of days under Liz Truss – was also handed a knighthood, as was former schools’ minister Nick Gibb.
Mr Gibb served at the Department for Education under four Conservative prime ministers – Lord Cameron, Theresa May, Boris Johnson and Rishi Sunak.
Image: Mayor of London Sadiq Khan at the opening of the £200m Siemens’ Rail Village in Goole. Pic:PA
Dame Emily, who now chairs the Commons Foreign Affairs Committee, told Sky News she was “surprised but delighted” by her appointment as a Dame Commander of the Order of the British Empire.
She said: “I do think about my grandmothers, my English grandmother and my Irish grandmother, neither of whom were really even allowed to work once they got married. What they would make of this, I really don’t know.”
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She added: “My husband was knighted a few years ago and I’ve never been comfortable calling myself lady Nugee, you know, using his title. So I’m pretty pleased to have my own title that I can use. I think Dame Emily’s alright.”
She also recounted telling drag queen Ella Vaday that she was “going to be a dame too”, to which her friend, who was appearing in a pantomime at the time, asked where on.
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Andy Street, the former West Midlands mayor, was also made a knight after being defeated in his mayoral race in May.
Sir Andy, who was elected as the region’s first mayor in 2017, said he had only been “the front man” and the honour was “an accolade for the people in the West Midlands who made a success of the combined authority and the mayoralty”.
He said: “Behind it lies a huge endeavour to set this up from scratch and make it the success that it is.
“It was a huge honour to be able to do that on behalf of citizens across the West Midlands.”
The newly knighted Sir Sadiq said he was “truly humbled” by the honour.
He added: “I couldn’t have dreamed when growing up on a council estate in south London that I would one day be mayor of London.”
A Change.org petition to “stop” his knighthood, kicked off by Conservative London councillor Matthew Goodwin-Freeman, surpassed 200,000 signatures earlier this month.
Several former MPs also received honours in the list.
Former Labour MP Kate Hollern, who lost her Blackburn seat to independent candidate Adnan Hussain in July, has been made a Commander of the Order of the British Empire (CBE).
Lord Mike Katz, the national chairman of the Jewish Labour Movement who was recently ennobled by Sir Keir Starmer, has been made a Member of the Order of the British Empire (MBE).
There were also gongs for Tamara Finkelstein, the permanent secretary at the Department for Environment, Food and Rural Affairs, and former leader of Welsh Labour and South Wales Police and Crime Commissioner Alun Michael.
Mr Michael was made an Officer of the Order of the British Empire (OBE), while Ms Finkelstein became a Dame Commander of the Order of the Bath.
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.
The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.
While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past.
According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed his birthdate as April 5, 1975.
Nakamoto’s anonymity has played a vital role in maintaining the decentralized nature of the Bitcoin network, which has no central authority or leadership.
The Bitcoin wallet associated with Nakamoto, which holds over 1 million BTC, has laid dormant for more than 16 years despite BTC rising from $0 to an all-time high above $109,000 in January.
Satoshi Nakamoto statue in Lugano, Switzerland. Source: Cointelegraph
Nakamoto’s 50th birthday comes nearly a month after US President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system.
Nakamoto’s legacy: a “cornerstone of economic sovereignty”
“At 50, Nakamoto’s legacy is no longer just code; it’s a cornerstone of economic sovereignty,” according to Anndy Lian, author and intergovernmental blockchain expert.
“Bitcoin’s reserve status signals trust in its scarcity and resilience,” Lian told Cointelegraph, adding:
“What’s fascinating is the timing. Fifty feels symbolic — half a century of life, mirrored by Bitcoin’s journey from a white paper to a trillion-dollar asset. Nakamoto’s vision of trustless, peer-to-peer money has outgrown its cypherpunk roots, entering the halls of power.”
However, lingering questions about Nakamoto remain unanswered, including whether they still hold the keys to their wallet, which is “a fortune now tied to US policy,” Lian said.
In February, Arkham Intelligence published findings that attribute 1.096 million BTC — then valued at more than $108 billion — to Nakamoto. That would place him above Microsoft co-founder Bill Gates on the global wealth rankings, according to data shared by Coinbase director Conor Grogan.
If accurate, this would make Nakamoto the world’s 16th richest person.
Despite the growing interest in Nakamoto’s identity and holdings, his early decision to remain anonymous and inactive has helped preserve Bitcoin’s decentralized ethos — a principle that continues to define the cryptocurrency to this day.
The United States stock market lost more in value over the April 4 trading day than the entire cryptocurrency market is worth, as fears over US President Donald Trump’s tariffs continue to ramp up.
On April 4, the US stock market lost $3.25 trillion — around $570 billion more than the entire crypto market’s $2.68 trillion valuation at the time of publication.
Nasdaq 100 is now “in a bear market”
Among the Magnificent-7 stocks, Tesla (TSLA) led the losses on the day with a 10.42% drop, followed by Nvidia (NVDA) down 7.36% and Apple (AAPL) falling 7.29%, according to TradingView data.
The significant decline across the board signals that the Nasdaq 100 is now “in a bear market” after falling 6% across the trading day, trading resource account The Kobeissi Letter said in an April 4 X post. This is the largest daily decline since March 16, 2020.
“US stocks have now erased a massive -$11 TRILLION since February 19 with recession odds ABOVE 60%,” it added. The Kobessi Letter said Trump’s April 2 tariff announcement was “historic” and if the tariffs continue, a recession will be “impossible to avoid.”
Even some crypto skeptics have pointed out the contrast between Bitcoin’s performance and the US stock market during the recent period of macro uncertainty.
Stock market commentator Dividend Hero told his 203,200 X followers that he has “hated on Bitcoin in the past, but seeing it not tank while the stock market does is very interesting to me.”
Meanwhile, technical trader Urkel said Bitcoin “doesn’t appear to care one bit about tariff wars and markets tanking.” Bitcoin is trading at $83,749 at the time of publication, down 0.16% over the past seven days, according to CoinMarketCap data.