Penny Mordaunt sinks her stilettos into PM’s back. Sunak should see her as a threat

Published

11 months ago

June 8, 2024

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It was reported last weekend that allies of Penny Mordaunt claimed Downing Street was keeping her “in a box” during the election campaign because Rishi Sunak’s team see her as a threat.

Well, after her barnstorming performance in a TV debate against politicians from six opposition parties, the Leader of the Commons is well and truly out of her box now. And she mustn’t be put back in it.

Her opening words in this 90-minute showdown were explosive. The prime minister, she declared, was “completely wrong” to leave the D-Day ceremonies in Normandy early. No pulling of punches there.

She said the PM was wrong, not once, not twice, but three times. No wonder Number 10 see her as a threat. If this was an audition for a leadership bid after the election, her friends will claim she passed with flying colours.

But once she’d dug her black stilettos out of the PM’s back after her opening remarks, Mordaunt was relentlessly on message in hammering Labour on its policies on tax, immigration and crime.

She was at her most combative on the Tories’ controversial allegation – first made by Sunak in his TV debate with Sir Keir Starmer on Tuesday – that Labour is planning a £2,000 per household tax grab if it wins the election.

This attack triggered the most heated clash of the whole debate as Mordaunt traded blows with Labour’s Angela Rayner on tax. It was a shouting match that went on long after presenter Mishal Husain attempted – but failed – to stop them.

It was all the more heated because the pair were standing next to each other at the end of the row of seven leading politicians – alongside Reform’s Nigel Farage, the Lib Dems’ Daisy Cooper and the SNP’s Westminster leader Stephen Flynn, Plaid Cymru’s and Rhun ap Iorwerth and Carla Denyer, from the Greens.

For the rest of the debate, Rayner was slightly subdued, rather like Sir Keir had been against the PM on Tuesday. Rayner didn’t even attack Sunak about D-Day at the start. Like Sir Keir, his deputy needs to raise her game.

Besides Mordaunt, on D-Day Farage claimed Sunak had been unpatriotic and Flynn accused the PM of putting his own political career before public service and Normandy war veterans. Strong stuff.

Mordaunt also tore into Rayner over her previous voting record against renewing Trident. And the brightness of Rayner’s red dress wasn’t matched by a bright performance in the debate, although she improved as the debate went on. Mordaunt, incidentally, wore Thatcher blue. Remind you of anyone?

Throughout the debate, Farage was typically impish. His quips included claiming Starmer was “very dull” and “Blair without the flair”. The PM, he joked, was “slippery Sunak”. Yes, he’s used those jibes before, but the audience enjoyed them.

Flynn had his good moments, most notably when he condemned Brexit, an attack on the Conservatives and Labour that the audience enjoyed.

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But this debate was about Mordaunt. It was her show, despite the large cast list. If she has been kept in a box by No 10 up to now, the PM’s allies will have been delighted by her attacks on Rayner and Labour’s policies.

But they won’t have appreciated her blunt – and completely unprompted criticism – of the prime minister over the big story of the day, his D-Day snub.

It was a story about a blunder of the PM’s own making. It wasn’t a gaffe, or an accident. It was sheer bad planning, terrible political judgement, embarrassing and highly damaging to Sunak and the Tory election campaign.

That, apparently was, Mordaunt’s view. And she said so. No 10 won’t be happy. A threat? You bet.

Politics

Coinbase refuses $20M ransom after support agent data breach

Published

2 hours ago

May 15, 2025

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Coinbase refuses M ransom after support agent data breach

Coinbase, the world’s third-largest cryptocurrency exchange, was hit by a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data, the company said.

According to a May 15 blog post, Coinbase said a group of external actors bribed and coordinated with several customer support contractors to access internal systems and steal limited user account data.

“These insiders abused their access to customer support systems to steal the account data for a small subset of customers,” Coinbase said, adding that no passwords, private keys, funds or Coinbase Prime accounts were affected.

Less than 1% of Coinbase’s monthly transacting users’ data was affected by the attack, the company said.

Coinbase refuses $20M ransom after support agent data breach — *Source:* *Coinbase*

After stealing the data, the attackers attempted to extort $20 million from Coinbase in exchange for not disclosing the breach. Coinbase refused the demand.

Instead, the company announced it was offering a $20 million reward for information leading to the arrest and conviction of those responsible for the scheme.

Scammers often masquerade as recognizable brands to inspire a false sense of trust in their victims.

In 2024, Coinbase was the most impersonated cryptocurrency brand by scammers.

This is a developing story, and further information will be added as it becomes available.

Politics

Sir Keir Starmer in talks with ‘a number of countries’ over return hubs for failed asylum seekers

Published

4 hours ago

May 15, 2025

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Sir Keir Starmer in talks with 'a number of countries' over return hubs for failed asylum seekers

The UK is in talks with “a number of countries” about sending failed asylum seekers to return hubs in third countries, Sir Keir Starmer has said.

The prime minister confirmed the plan at a press conference alongside his Albanian counterpart Edi Rama in the country’s capital, Tirana.

Politics Live: Britain’s economy grew more than expected in first quarter of 2025

Sir Keir described the hubs as a “really important innovation” that complements other measures the government is taking to crack down on criminal smuggling gangs.

“We are in talks with a number of countries about return hubs,” he said.

“At the appropriate time, I’ll be able to give you further details in relation to it.”

Sir Keir did not say which countries he is in talks with, but Mr Rama suggested he is not open to hosting UK detention centres as Albania has already signed a deal for Italy to build them there.

“We have been asked by several countries if we were open to it, and we said no, because we are loyal to the marriage with Italy and the rest is just love,” he said.

Earlier, Sir Keir told GB News that the hubs would be for people whose asylum applications have failed and they have exhausted all avenues to appeal.

This is a different concept to the Tories’ failed Rwanda scheme which Sir Keir scrapped almost immediately after winning the general election.

The Rwanda plan involved deporting all people who arrived in the UK by unauthorised means to the east African country, where their asylum claims would be processed for them to settle there, not in Britain.

Return hubs would be an offshore location to hold migrants set to be returned to their home countries and who have no chance of remaining in the UK.

The Rwanda scheme failed to get off the ground before the Tories lost the election, despite millions spent, after it was repeatedly challenged in the courts.

Shadow home office minister Chris Philp today insisted it would have acted as a deterrent, whereas the return hubs are a “con on the British public”.

He said: “It’s better than nothing but it won’t work because most of the people crossing the Channel are of nationalities where they will get their asylum claims granted.

“It’s a con on the British public for Keir Starmer to claim these return hubs will have any practical effect.”

Mr Philp also called it a “slap in the face” and “humiliation” for the prime minister that Albania has already rejected the idea, saying he’d travelled all that way to “announce a few tweaks” to a cooperation deal that was put in place by the Conservatives.

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Politics

Ukraine strategic Bitcoin reserve bill reportedly in final stages

Published

4 hours ago

May 15, 2025

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Ukraine strategic Bitcoin reserve bill reportedly in final stages

Ukraine is reportedly moving closer to adopting Bitcoin as a national reserve asset, a move that could bolster its financial resilience amid the ongoing war with Russia.

Lawmakers are reportedly working on a Bitcoin (BTC) national reserve proposal, with a draft bill in its final stages, according to Yaroslav Zhelezniak, a member of parliament who confirmed the plan to local media outlet Incrypted.

The proposal was announced during the CRYPTO 2025 conference in Kyiv on Feb. 6. “We will soon submit a draft law from the industry allowing the creation of crypto reserves,” Zhelezniak said.

Cointelegraph reached out to Zhelezniak for comment on the bill’s status but had not received a response by publication.

Bitcoin has gained international attention as a national reserve asset since the election of US President Donald Trump in November 2024. On March 7, Trump signed an executive order to establish a national Bitcoin reserve seeded with BTC confiscated from criminal cases.

A month later, Swedish MP Rickard Nordin issued an open letter urging Finance Minister Elisabeth Svantesson to consider adopting Bitcoin as a national reserve asset, citing its growing recognition as a “hedge against inflation,” Cointelegraph reported on April 11.

Legal challenges may delay adoption

While Ukraine’s push for a national Bitcoin reserve marks a potentially historic shift in crypto policy, it may require “significant legal change,” according to Kyrylo Khomiakov, regional head of CEE, Central Asia and Africa, at crypto exchange Binance.

“We commend Ukraine’s ambition to establish a strategic crypto reserve,” he told Cointelegraph. “Implementing such a reserve would necessitate significant legal changes, indicating that this process will not be swift.”

He added, “Another positive aspect is that this initiative will likely lead to greater regulatory clarity in Ukraine, as the government will need to articulate its stance more clearly.”

Ukraine was reportedly planning to legalize cryptocurrencies in early 2025 with the finalization of a draft bill in coordination with the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF), according to Daniil Getmantsev, head of the tax committee of the Verkhovna Rada.

On April 8, Ukraine’s financial regulator proposed taxing certain crypto transactions as personal income with a rate of up to 23%, excluding crypto-to-crypto transactions and stablecoins.

Not all voices in Ukraine’s crypto industry are optimistic about the timing of the proposal.

”The country is broke. More than 50% of the budget is in grants and loans from the European Union,” said Michael Chobanian, the founder of Ukraine-based Kuna exchange.

“The population is decreasing at the fastest rate in the world. Men are kidnapped and sent to the army against their will. What kind of BTC reserves are we talking about here? This is done only to divert your attention,” Chobanian claimed.