Labour’s Emily Thornberry and mayor of London Sadiq Khan honoured in New Year list
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.
Mayor of London Sadiq Khan at the opening of the £200m Siemens’ Rail Village in Goole. Pic:PA
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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.”
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.
“Everywhere darling, everywhere!”, Dame Emily replied.
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.
Tulip Siddiq has told Sky News her “lawyers are ready” to handle any formal questions about allegations she is involved in corruption in Bangladesh.
Asked whether she regrets apparent links with the Bangladeshi Awami League political party, Ms Siddiq said “why don’t you look at my legal letter and see if I have any questions to answer… [the Bangladeshi authorities] have not once contacted me and I’m waiting to hear from them”.
The London MP resigned as a Treasury minister in January after being named in several corruption inquiries in Bangladesh.
In her first public comments since leaving government, Ms Siddiq said “there’s been allegations for months on end and no one has contacted me”.
Last month, the interim leader of Bangladesh told Sky News the MP had “wealth left behind” in the country “and should be made responsible”.
Lawyers acting for Ms Siddiq wrote to the Bangladeshi Anti Corruption Commission (ACC) several weeks ago saying the allegations were “false and vexatious”.
The letter said the ACC must put questions to Ms Siddiq “by no later than 25 March 2025” or “we shall presume that there are no legitimate questions to answer”.
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Staff from the NCA visited Bangladesh as part of initial work to support the interim government in the country.
In a post online today, the former minister said the deadline had expired and the authorities had not replied.
Sky News has approached the Bangladeshi government for comment.
The allegations against Ms Siddiq are focused on links to her aunt Sheikh Hasina – who served as the prime minister of Bangladesh for 20 years.
Ms Hasina was forced to flee the country in August following weeks of deadly protests.
She is accused of becoming an autocrat, with politically-motivated arrests, extra-judicial killings and other abuses allegedly happening on her watch. Hasina claims it’s all a political witch hunt.
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Ms Siddiq was found to have lived in several London properties that had links back to the Awami League political party that her aunt still leads.
She referred herself to the prime minister’s standards adviser Sir Laurie Magnus who said he had “not identified evidence of improprieties” but added it was “regrettable” Ms Siddiq had not been more alert to the “potential reputational risks” of the ties to her aunt.
Ms Siddiq said continuing in her role would be “a distraction” for the government but insisted she had done nothing wrong.
Cryptocurrency exchange OKX reportedly hired former New York Governor Andrew Cuomo to advise it over the federal probe that resulted in the firm pleading guilty to several violations and agreeing to pay $505 million in fines and penalties.
Cuomo, a New York-registered attorney, advised OKX on legal issues stemming from the probe sometime after August 2021 when he resigned as New York overnor, Bloomberg reported on April 2, citing people familiar with the matter.
“He spoke with company executives regularly and counseled them on how to respond to the criminal investigation,” Bloomberg said.
The Seychelles-based firm pled guilty to operating an unlicensed money-transmitting business in violation of US Anti-Money Laundering laws on Feb. 24 and agreed to pay $84 million worth of penalties while forfeiting $421 million worth of fees earned from mostly institutional clients.
The breaches occurred from 2018 to 2024 despite OKX having an official policy preventing US persons from transacting on its crypto exchange since 2017, the Department of Justice noted at the time.
A spokesperson for Cuomo, Rich Azzopardi, told Bloomberg that Cuomo has been providing private legal services representing individuals and corporations on a variety of matters since resigning as New York governor.
“He has not represented clients before a New York city or state agency and routinely recommends former colleagues for positions,” Azzopardi added.
OKX reportedly wasn’t willing to comment on its relationships with outside firms.
Cuomo also influenced OKX to make executive appointments: Bloomberg
Cuomo, who is now running for mayor of New York City, also advised OKX to appoint his friend US Attorney Linda Lacewell to OKX’s board of directors, Bloomberg said.
Lacewell, a former superintendent of the New York Department of Financial Services, was added to the board in 2024 and was named OKX’s new chief legal officer on April 1, according to a recent company statement.
Source: Linda Lacewell
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After the investigation concluded, OKX said it would seek out a compliance consultant to remedy the issues stemming from the federal probe and bolster its regulatory compliance program.
“Our vision is to make OKX the gold standard of global compliance at scale across different markets and their respective regulatory bodies,” OKX CEO Star Xu said in a Feb. 24 X post.
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United States President Donald Trump signed an executive order establishing reciprocal tariffs on trading partners and a 10% baseline tariff on all imports from all countries.
The reciprocal levies on will be approximately half of what trading partners charge for US imports, Trump said. For example, China currently has a tariff of 67% on US imports, so US reciprocal tariffs on Chinese goods will be 34%. Trump also announced a standard 25% tariff on all automobile imports.
Trump told the media that tariffs would return the country to economic prosperity seen in previous centuries:
“From 1789 to 1913, we were a tariff-backed nation. The United States was proportionately the wealthiest it has ever been. So wealthy, in fact, that in the 1880s, they established a commission to decide what they were going to do with the vast sums of money they were collecting.”
“Then, in 1913, for reasons unknown to mankind, they established the income tax so that citizens, rather than foreign countries, would start paying,” Trump said.
Full breakdown of reciprocal tariffs by country. Source: Cointelegraph
Trump presented the tariffs through the lens of economic protectionism and hinted at returning to the economic policies of the 19th century by using them to replace the income tax.
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Trump proposes eliminating federal income tax and replacing it with tariff revenue
Trump proposed the idea of abolishing the Internal Revenue Service (IRS) and funding the federal government exclusively through trade tariffs while still on the campaign trail in October 2024.
According to accounting automation company Dancing Numbers, Trump’s plan could save each American taxpayer $134,809-$325,561 in taxes throughout their lives.
US President Donald Trump addresses the media about reciprocal trade tariffs at the April 2 press event. Source: Fox 4 Dallas
The higher range of the tax savings estimate will only occur if other wage-based taxes are eliminated at the state and municipal levels.
Commerce Secretary Howard Lutnick, who assumed office in February, also voiced support for replacing the IRS with the “External Revenue Service.”
Lutnick said that the US government cannot balance a budget yet consistently demands more from its citizens every year. Tariffs will also protect American workers and strengthen the US economy, he said.
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