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Sir Keir Starmer has revealed the thing he fears the most about becoming prime minister is the impact it will have on his children.

Speaking to Beth Rigby during Sky News’ Battle For Number 10 in Grimsby, the Labour leader said it was “not the big decisions” he feared the most but the effect his job will have on his teenage children.

He said his children – a boy aged nearly 16 and a girl aged 13 – were at “difficult ages” and it would have been easier if they were younger or older.

Meanwhile, Rishi Sunak – who also underwent questioning by Rigby – defended his record in Number 10 after he was quizzed about “broken promises” he made in January 2023 when he became prime minister.

The prime minister was specifically asked about the tax burden, NHS waiting lists and immigration – which he admitted was “too high”.

He said he could understand people’s “frustrations” but argued the country has “been through two once-in-a-century shocks” – the first the COVID pandemic and the second Russia’s invasion of Ukraine.

Follow live: Starmer asked if he has ‘trust issue’ with voters

“I appreciate people want to see positive change, but you don’t get any change unless you’ve got a plan and you’re prepared to do bold things,” he argued.

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The prime minister also said he is “incredibly excited” for his daughters to do national service in response to a question from William, a student from Grimsby. “I think it will be transformative for our country”, he said.

And on migration, he was challenged about how he thought Brexit voters (in Grimsby 70% opted to leave the EU) – felt upon learning that the total net migration figure for the last three years was 1.9 million people.

He admitted the numbers were “too high” but insisted he had begun to bring them down since becoming prime minister.

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Sunak grilled over migration record

Asked why anyone should believe what he says given that David Cameron and Theresa May both promised to slash migration, he said: “I completely understand people’s cynicism about this,” before adding that numbers were now down 10% and the number of visas issued this year was also down by a quarter.

‘The thing that keeps me up at night is my children’

Sir Keir, who the polls predict will be the country’s next prime minister, said he “relished” the chance he may be given to change the country but that he feared for his teenage children.

“These are really difficult ages,” he said. “My only fear really is the impact it’s going to have on them.”

He said the reason they had not appeared publicly or in a photo shoot with him was to protect them and to ensure they have their “own lives”.

“I don’t fear the big decisions, in fact, I relish the chance to change our country,” he told Rigby.

Sir Keir Starmer leaders' debate

“My only fear… the only thing that keeps me up at night is worrying about my children.”

‘I want to do things differently’

Sir Keir, who spoke before Mr Sunak took to the stage, also sought to distinguish himself from previous Labour leaders by saying he did not want to reach for the “tax lever” to sort out the country’s finances.

He said his “central mission was to grow the economy” and that he wanted to “do things differently”.

Despite persistent questioning over his tax plans, Sir Keir said there would be “no need” to raise taxes on “working people” in the party’s manifesto that will be published on Thursday.

“I accept that previous Labour leaders have sort of pulled the tax lever every single time and driven up spending,” Sir Keir continued.

“The manifesto tomorrow will be a manifesto, a plan for wealth creation.

“Now, you might not hear a Labour leader say that very often, but for me, that is the most important thing.”

On whether there would be “tax rises of any kind” in the next parliament, Sir Keir repeated: “No tax rises in the plans in our manifesto, no tax rises for working people – that’s income tax, national insurance and VAT.”

Turning to the audience, Rigby interjected: “I’ll just decode that for you guys, because when a politician says ‘no plans’ – it does mean ‘I might’.”

Read more from Sky News:
What the data says about some of the key election issues
Reeves’ Tory manifesto mortgage claim ‘very speculative’

Awkward moments

After taking questions from Rigby, Sir Keir faced the audience who asked him about his plans to tackle child poverty, housing and the NHS.

He was also asked by one audience member whether he had changed since leading the Crown Prosecution Service (CPS) to resemble a “political robot”.

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Starmer accused of being a ‘political robot’

After an awkward pause, Sir Keir replied: “I’ve had this constant theme in my life of trying to serve the public. That’s why I took the decision to go into politics.”

Mr Sunak also faced laughter and boos from the audience when challenged about the five pledges he made after he replaced Boris Johnson as prime minister.

He faced laughter when he said inflation “was always meant to come down over time” and the audience expressed frustration when he blamed the lack of progress on cutting NHS waiting lists – which currently stand at 7.54 million – on industrial action.

And asked if he could provide the audience with any personal information that “make them like you a bit more again”, he replied: “People seem to think I have a very kind of healthy lifestyle and I go to the gym and session about my fasting, but I actually have an appalling diet because I eat an enormous amount of sugar, and I’m very unhealthy in that regard.”

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Why a ‘Trump-fest’ could be just the tonic for a special relationship under strain

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Why a 'Trump-fest' could be just the tonic for a special relationship under strain

It was perhaps not quite how officials, in London at least, had envisaged the announcement of the state visit would be made.

In the Oval Office, Donald Trump revealed the news in his own way.

“I was invited by the King and the great country. They are going to do a second fest – that’s what it is. It is beautiful,” he said during an impromptu Oval Office moment.

The question was, did this “fest” – which Mr Trump suggested could happen in September – amount to the much hyped second state visit for the American president?

Or was this actually just the smaller visit that had been offered two months ago as an initial bilateral visit at which the state visit would be discussed?

Back in February, Sir Keir Starmer presented the president with a letter from King Charles and the offer of a state visit.

The letter proposed an initial meeting between the King and the president to discuss details of the state visit at either Dumfries House or Balmoral, both in Scotland, close to Mr Trump’s golf clubs.

The King wrote: “Quite apart from this presenting an opportunity to discuss a wide range of issues of mutual interest, it would also offer a valuable chance to plan a historic second state visit to the United Kingdom… As you will know this is unprecedented by a US president. That is why I would find it helpful for us to be able to discuss, together, a range of options for location and programme content.”

As he revealed the news of his “fest” with his “friend Charles”, Mr Trump said: “I think they are setting a date for September…”

Sources have since confirmed to Sky News that it will amount to the full state visit.

Read more from Sky News:
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Gang war gripping major cities

Pic: Reuters
Image:
Sir Keir Starmer handed Trump the invite earlier this year. Pic: Reuters

‘Even more important’

It’s possible the initial less formal presidential trip may still happen between now and September. Mr Trump is in Europe for the NATO summit in June and is due in Scotland to open a new golf course soon too.

“It is the second time it has happened to one person. The reason is we have two separate terms, and it’s an honour to be a friend of King Charles and the family, William,” the president said.

“I don’t know how it can be bigger than the last one. The last one was incredible, but they say the next one will be even more important.”

His last state visit in 2019, at the invitation of the late Queen, drew significant protests epitomised by the giant blow-up “Baby Trump” which floated over Parliament Square.

The president was hosted by the Queen in June 2019. Pic: Reuters
Image:
The president was hosted by the Queen in June 2019. Pic: Reuters

Britain’s trump card

September is a little earlier than had been expected for the visit. It may be an advantage for it to happen sooner rather than later, given the profoundly consequential and controversial nature of the first few months of his second term.

The decision by the British government to play its “state visit trump card” up front back in February drew some criticism.

And since February, Mr Trump’s position on numerous issues has been increasingly at odds with all of America’s allies.

On Ukraine, he has seemingly aligned himself closely with Vladimir Putin. His tariffs have caused a global economic shock. And on issues like Greenland and Canada, a member of the Commonwealth, he has generated significant diplomatic shock.

A risk worth taking

Mr Trump is as divisive among the British public as he is in America. Sir Keir is already walking a political tightrope by choosing the softly softly approach with the White House.

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The UK government chose not to retaliate against Mr Trump’s tariffs, unlike some allies. Sir Keir and his cabinet have been at pains not to be seen to criticise the president in any way as they seek to influence him on Ukraine and seek an elusive economic deal on tariffs.

On that tariff deal, despite some positive language from the US side and offers on the table, there has yet to be a breakthrough. A continuing challenge is engaging with the president for decisions and agreements only he, not his cabinet, will make.

British officials acknowledge the risk the state visit poses. In this presidency, anything could happen between now and September.

But they argue British soft power and Mr Trump’s fondness for the Royal Family and pomp – or a “fest” as he calls it – amount to vital diplomatic clout.

For a special relationship under strain, a special state visit is the tonic.

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Hashkey takes aim at XRP ETF in Asia with new fund backed by Ripple

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Hashkey takes aim at XRP ETF in Asia with new fund backed by Ripple

Hashkey takes aim at XRP ETF in Asia with new fund backed by Ripple

Hong Kong-based crypto investment firm HashKey Capital announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future.

According to an April 18 announcement, the fund, officially titled the HashKey XRP Tracker Fund, is reportedly “the first investment fund in Asia designed to track the performance of XRP.”

XRP developer Ripple will serve as the fund’s anchor investor. In a separate X post, HashKey Capital said the fund aims to bring “more institutional capital into regulated XRP products and the broader digital asset ecosystem.”

Close collaboration with Ripple

In another X post, HashKey Capital said the fund marks the beginning of a closer collaboration with Ripple. The two firms “are exploring new investment products, cross-border DeFi solutions, and tokenization —including the possibility of launching a money market fund (MMF) on the XRP ledger.”

Related: Ripple vs. XRP vs. XRP Ledger: What’s the difference?

In the announcement, HashKey Capital partner Vivien Wong said the firm will share its connections with financial institutions, regulators and investors in Asia with Ripple, adding:

“Ripple offers us the opportunity to collaborate on more investment products and solutions across cross-border payment solutions, decentralized finance (DeFi), and enterprise blockchain adoption.”

A Hong Kong XRP ETF in the works?

The XRP (XRP) Tracker Fund is HashKey Capital’s third tracker fund and follows the firm’s Bitcoin (BTC) and Ether (ETH) ETF products. The company noted that this product may also become an ETF in the future.

Hashkey takes aim at XRP ETF in Asia with new fund backed by Ripple
Source: HashKey Capital

Related: XRP: Why it’s outperforming altcoins — and what comes next

A boon for XRP’s institutional adoption in Asia

Hank Huang, CEO of Kronos Research, a crypto investment firm based in Asia, told Cointelegraph that “the launch of the XRP Tracker Fund by HashKey Capital marks a pivotal moment for institutional adoption” in the region. He said regulated and transparent products like Hashkey’s fund are what institutional investors need to enter the market.

“XRP’s proven use case in cross-border payments, combined with HashKey’s robust infrastructure, sets the stage for meaningful capital inflows and wider acceptance of crypto assets in global finance,“ Huang said.

Magazine: XRP win leaves Ripple and industry with no crypto legal precedent set

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Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum

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Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum

Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum

Altcoins may see a resurgence in the second quarter of 2025 as regulations for digital assets continue to improve, according to Swiss bank Sygnum.

In its Q2 2025 investment outlook, Sygnum said the space has seen “drastically improved” regulations for crypto use cases, creating the foundations for a strong alt-sector rally for the second quarter. However, it added that “none of the positive developments have been priced in.” 

In April, Bitcoin dominance reached a four-year high, signaling that crypto investors are rotating their funds into an asset perceived to be relatively safer. 

But Sygnum believes regulatory developments in the US, such as President Donald Trump’s establishment of a Digital Asset Stockpile and advancing stablecoin regulations, could propel broader crypto adoption.

“We expect protocols successful in gaining user traction to outperform and Bitcoin’s dominance to decline,” Sygnum wrote. 

Increased focus on economic value ignites competition

Sygnum also said that competition would increase as the market focuses on economic value. Increased competition in a market often results in better products, ultimately benefiting consumers: 

“The market’s increased focus on economic value compels greater competition for user growth and revenues, with rising protocols such as Toncoin, Sui, Aptos, Sonic, or Berachain taking different approaches.”

Sygnum added that while high-performance blockchains address limitations of the Bitcoin, Ethereum and Solana blockchains, these chains find it challenging to achieve meaningful adoption and fee income. 

Altcoins may rally in Q2 2025 thanks to improved regulations: Sygnum
Sector breakdown by market capitalization. Source: Sygnum

The report highlighted that some approaches have been more sustainable. These include Berachain’s approach of incentivizing validators to provide liquidity to decentralized finance (DeFi) applications, Sonic’s rewarding developers that attract and retain users, and Toncoin’s Telegram affiliation to access one billion users.

Aside from layer-1 chains, Sygnum highlighted that layer-2 networks like Base also have potential. The report pointed out that while the memecoin frenzy on the blockchain pushed its users and revenue to new highs, it made an equally sharp decline after memecoins started losing steam. 

Despite this, Sygnum noted that Base remains the layer-2 leader in metrics like daily transactions, throughput and total value locked. 

Related: Italy finance minister warns US stablecoins pose bigger threat than tariffs

Memecoins still a leading crypto narrative in Q1

Despite recent price declines, memecoins remained a dominant crypto narrative in Q1 2025. A CoinGecko report recently highlighted that memecoins remained dominant as a crypto narrative in the first quarter of 2025. The crypto data company said memecoins had 27.1% of global investor interest, second only to artificial intelligence tokens, which had 35.7%.

While retail investors are still busy with memecoins, institutions have a different approach. Asset manager Bitwise reported on April 14 that publicly traded firms are stacking up on Bitcoin. At least twelve public companies purchased Bitcoin for the first time in Q1 2025, pushing public firm holdings to $57 billion.

Magazine: Uni students crypto ‘grooming’ scandal, 67K scammed by fake women: Asia Express

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