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Rachel Reeves has said “no stone should be left unturned” in the Southport inquiry to stop anything so “appalling” happening again.

The chancellor told Sky News’ Sunday Morning with Trevor Phillips the inquiry announced this week into how Axel Rudakubana was able to murder three little girls and injure 10 others last summer was “essential”.

“It is absolutely essential we learn lessons, not just to provide understanding for the families but to stop anything like this happening ever again,” she said.

“No stone should be left unturned.”

Rudakubana was jailed for life with a minimum of 52 years on Thursday after unexpectedly pleading guilty on what was meant to be the first day of his trial.

He had been referred to the Prevent anti-terror programme three times, admitted to carrying a knife into school multiple times and attacked a boy at school with a hockey stick.

Alice da Silva Aguiar, Elsie Dot Stancombe and Bebe King were murdered in an attack at a Taylor Swift-themed class.
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Alice da Silva Aguiar, Elsie Dot Stancombe and Bebe King were murdered in the attack

Ms Reeves added: “It’s appalling what happened in Southport and the evil, cowardly acts of that man.

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“The impact will be felt forever by those families. And it’s right that there’s now a public inquiry to establish what on earth went wrong, that the man was referred three times to Prevent, he had been found carrying a knife on multiple occasions and he’d attacked a boy he was at school with.

“And yet he was able to slip through the system.”

She said she thinks the inquiry needs to establish what Prevent regards as terror because Rudakubana had no apparent ideology, which is why he was taken off Prevent’s list.

“Just because you don’t have an ideological motive doesn’t mean that you can’t be a mass killer and incredibly dangerous,” the chancellor added.

Read more:
The 14 minutes of terror that left three children dead

Axel Rudakubana. Pic: Merseyside police
Image:
Axel Rudakubana. Pic: Merseyside police

Ms Reeves defended Sir Keir Starmer and other ministers for not revealing Rudakubana’s past last summer when the attack happened.

“I think it’s really important that when a government speaks, when ministers speak about something before there’s been a trial, that people are very careful about the words that they use,” she said.

“Because if a government of any colour added anything to prejudice a trial, then that minister would never be forgiven. And so ministers do have to use words with caution.”

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Connecticut can’t take action against Kalshi for now, judge rules

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Connecticut can’t take action against Kalshi for now, judge rules

A US judge has granted prediction markets platform Kalshi a temporary reprieve from enforcement after the state of Connecticut sent it a cease and desist order last week for allegedly conducting unlicensed gambling.

The Connecticut Department of Consumer Protection (DCP) sent Kalshi, along with Robinhood and Crypto.com, cease and desist orders on Dec. 2, accusing them of “conducting unlicensed online gambling, more specifically sports wagering, in Connecticut through its online sports event contracts.”

Kalshi sued the DCP a day later, arguing its event contracts “are lawful under federal law” and its platform was subject to the Commodity Futures Trading Commission’s “exclusive jurisdiction,” and filed a motion on Friday to temporarily stop the DCP’s action.

An excerpt from Kalshi’s preliminary injunction motion arguing that the DCP’s action violates federal commodities laws. Source: CourtListener

Connecticut federal court judge Vernon Oliver said in an order on Monday that the DCP must “refrain from taking enforcement action against Kalshi” as the court considers the company’s bid to temporarily stop the regulator.

The order adds that the DCP should file a response to the company by Jan. 9 and Kalshi should file further support for its motion by Jan. 30, with oral arguments for the case to be held in mid-February.

Kalshi does battle with multiple US states

Kalshi is a federally regulated designated contract maker under the CFTC and, in January, began offering contracts nationally that allow bets on the outcome of events such as sports and politics.

Related: How prediction markets raise insider trading and credit risks

Its platform has become hugely popular this year and saw a record $4.54 billion monthly trading volume in November, attracting billions in investments, with Kalshi closing a $1 billion funding round earlier this month at a valuation of $11 billion.

However, multiple US state regulators have taken issue with Kalshi’s offerings, which have led to the company being embroiled in lawsuits over whether it is subject to state-level gambling laws.