Kirsty Wark on irritating Margaret Thatcher and that Prince Andrew interview
Kirsty Wark says she preferred A Very British Scandal to Scoop, as while one was a “rollicking drama” the other failed to give “enough people their place”.
Employed by the BBC for nearly 50 years, Wark presented Newsnight from 1993 to 2024, stepping down this summer after more than three decades at the helm.
Speaking at the fourth live show of Sky News’ Electoral Dysfunction tour in Glasgow, the BAFTA-winning journalist also dished the dirt on one former BBC colleague she said was not the best “team player”.
Rufus Sewell as Prince Andrew in Netflix drama Scoop. Pic: Netflix/PA
Kicking off with one of the BBC’s most notorious interviews, Wark said Emily Maitlis got chosen to interview Prince Andrew as she was chief presenter of Newsnight at the time.
The interview – which aired in November 2019 – was swiftly branded “disastrous” and “excruciating” for the royal, as he was questioned about his relationship with convicted paedophile Jeffrey Epstein.
When asked by Sky News’ political editor Beth Rigby which of the two recent TV productions based on the interview – Scoop and A Very Royal Scandal – she preferred, Wark plumped for A Very British Scandal.
Released earlier this month, Maitlis was an executive producer on the Prime Video miniseries.
Wark said: “They’re both dramas, and neither is an absolute, you know it’s not about the truth.
“One gives more weight to some people and the other one gives more weight to other people, but by and large, the idea of it being a team endeavour is much more embedded in the second, the Royal Scandal, than it is in the first.
“The first was a rollicking drama, but I don’t actually think that enough people were given their place.”
Ruth Wilson and Michael Sheen in A Very British Scandal. Pic: Prime Video
Scoop, which streamed on Netflix, focused on the story from the angle of Newsnight guest booker Sam McAlister who persuaded Prince Andrew to appear on the show.
Wark said that at the time Prince Andrew had “thought he’d done a really good interview”, and after the chat had offered to show Maitlis around Buckingham Place.
The real interview between Emily Maitlis and Prince Andrew. Pic: BBC
‘I was the one who suggested his train travels!’
Speaking about some of her own interviews over the years, Wark told Rigby, along with co-hosts Labour peer Harriet Harman and Conservative peer Ruth Davidson, about two high-profile interviewees she had rubbed up the wrong way.
She sat down with former prime minister Margaret Thatcher at the height of the poll tax riots.
Wark said she was “preternaturally calm” and had prepared meticulously going on: “Nobody knew except my husband that I was pregnant. And I thought, well, I’m not going to let [Mrs Thatcher] upset me. I’ll be very calm and controlled.”
After the interview – which Wark said nearly got cancelled at the last minute – Thatcher told Wark she had “interrupted me more than I’ve ever been interrupted”, to which Wark said she thought “game on”.
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Remembering another interviewee who did not appreciate her journalistic tenacity, Wark said a sit-down with the former Conservative MP Michael Portillo did not end well.
Wark said the ex-chief secretary to the Treasury had “riled her” by saying “stop hectoring me”.
She admitted she had interviewed him after she “returned to work too soon” following the death of her father and godmother.
Wark joked: “The only broadcasting complaint I ever had upheld was with Michael Portillo. And actually, it’s outrageous because I was the one who suggested them for the train travels!”
The former Conservative MP has presented 15 series of Great British Railway Journeys for BBC Two over the last 15 years.
(R-L) Wark, Jill Dando and John Stapleton on BBC Breakfast Time in 1988. Pic: David Crump/Daily Mail/Shutterstock
A former BBC colleague who wasn’t ‘a team player’
She also revealed that when her former BBC colleague Robert Peston had come along to do a few shifts on Newsnight, he had refused to follow the show’s precedent of brainstorming ideas together, and wearing an earpiece so others could pitch in on an interview.
After letting Peston shadow her the day before, she came into work to discover he was going solo for his own interview, adding with heavy irony that he was “a real team player”. Peston is now political editor at ITV News.
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In other TV news, Wark admitted she had been “asked so many times” to do Strictly Come Dancing but had so far refused due to work commitments and illness.
She did not reveal if she would consider it in the future.
A keen cook, Wark has appeared on celebrity versions of MasterChef and The Great British Bake Off.
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An official from the Bank of Russia suggested easing restrictions on cryptocurrencies in response to the sweeping sanctions imposed on the country.
According to a Monday report by local news outlet Kommersant, Bank of Russia First Deputy Governor Vladimir Chistyukhin said the regulator is discussing easing regulations for cryptocurrencies. He explicitly linked the rationale for this effort to the sanctions imposed on Russia by Western countries following its invasion of Ukraine in February 2022.
Chistyukhin said that easing the crypto rules is particularly relevant when Russia and Russians are subject to restrictions “on the use of normal currencies for making payments abroad.”
Russia banned the use of cryptocurrencies for payments in the summer of 2020.
Chistyukhin said he expects Russia’s central bank to reach an agreement with the Ministry of Finance on this issue by the end of this month. The central issue being discussed is the removal of the requirement to meet the “super-qualified investor” criteria for buying and selling crypto with actual delivery. The requirement was introduced in late April when Russia’s finance ministry and central bank were launching a crypto exchange.
Related: UK sanctions Kyrgyz banks, $9.3B crypto network tied to Russia
What is a super-qualified investor?
The super-qualified investor classification, created earlier this year, is defined by wealth and income thresholds of over 100 million rubles ($1.3 million) or an annual income of at least 50 million rubles.
This limits access to cryptocurrencies for transactions or investment to only the wealthiest few in Russian society. “We are discussing the feasibility of using ‘superquals’ in the new regulation of crypto assets,” Chistyukhin said, in an apparent shifting approach to the restrictive regulation.
Related: How a Russian national allegedly laundered $530M in crypto via Tether
Russia’s fight against sanctions
Russia has been hit with sweeping Western sanctions for years, and regulators in the United States and Europe have increasingly targeted crypto-based efforts to evade those measures.
In late October, the European Union adopted its 19th sanctions package against Russia, including restrictions on cryptocurrency platforms. This also included sanctions against the A7A5 ruble-backed stablecoin, which EU authorities described as “a prominent tool for financing activities supporting the war of aggression.”
Earlier in October, reports indicated that A7A5 — backed by the Russian ruble but issued in Kyrgyzstan — had become the world’s largest non-US-dollar stablecoin. In August, the US Treasury’s Office of Foreign Assets Control also redesignated cryptocurrency exchange Garantex Europe to its list of sanctioned entities for a second time.
Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice
Bitcoin’s latest pullback may already be bottoming out, with asset manager Grayscale arguing that the market is on track to break the traditional four-year halving cycle and potentially set new all-time highs in 2026.
Some indicators are already pointing to a local bottom, not a prolonged drawdown, including Bitcoin’s (BTC) elevated option skew rising above 4, which signals that investors have already hedged “extensively” for downside exposure.
Despite a 32% decline, Bitcoin is on track to disrupt the traditional four-year halving cycle, wrote Grayscale in a Monday research report. “Although the outlook is uncertain, we believe the four-year cycle thesis will prove to be incorrect, and that Bitcoin’s price will potentially make new highs next year,” the report said.
Related: Cathie Wood still bullish on $1.5M Bitcoin price target: Finance Redefined
Still, Bitcoin’s short-term recovery remains limited until some of the main flow indicators stage a reversal, including futures open interest, exchange-traded fund (ETF) inflows and selling from long-term Bitcoin holders.
US spot Bitcoin ETFs, one of the main drivers of Bitcoin’s momentum in 2025, added significant downside pressure in November, racking up $3.48 billion in net negative outflows in their second-worst month on record, according to Farside Investors.
More recently, though, the tide has started to turn. The funds have now logged four consecutive days of inflows, including a modest $8.5 million on Monday, suggesting ETF buyer appetite is slowly returning after the sell-off.
While market positioning suggests a “leverage reset rather than a sentiment break,” the key question is whether Bitcoin can “reclaim the low-$90,000s to avoid sliding toward mid-to-low-$80,000 support,” Iliya Kalchev, dispatch analyst at digital asset platform Nexo, told Cointelegraph.
Related: Strategy unveils new credit gauge to calm debt fears after Bitcoin crash
Fed policy and US crypto bill loom as 2026 catalysts
Crypto market watchers now await the largest “swing factor,” the US Federal Reserve’s interest rate decision on Dec. 10. The Fed’s decision and monetary policy guidance will serve as a significant catalyst for 2026, according to Grayscale.
Markets are pricing in an 87% chance of a 25 basis point interest rate cut, up from 63% a month ago, according to the CME Group’s FedWatch tool.
Later in 2026, Grayscale said continued progress toward the Digital Asset Market Structure bill may act as another catalyst for driving “institutional investment in the industry.” However, for more progress to be made, crypto needs to remain a “bipartisan issue,” and not turn into a partisan topic for the midterm US elections.
That effort effectively began with the passage of the CLARITY Act in the House of Representatives, which moved forward in July as part of the Republicans’ “crypto week” agenda. Senate leaders have said they plan to “build on” the House bill under the banner of the Responsible Financial Innovation Act, aiming to set a broader framework for digital asset markets.
The bill is currently under consideration in the Republican-led Senate Agriculture Committee and the Senate Banking Committee. Senate Banking Chair Tim Scott said in November that the committee planned to have the bill ready for signing into law by early 2026.
Magazine: Bitcoin to see ‘one more big thrust’ to $150K, ETH pressure builds
Poland’s President Karol Nawrocki declined to sign a bill imposing strict regulations on the crypto asset market, drawing praise from the crypto community and sharp criticism from others in the government.
Nawrocki vetoed Poland’s Crypto-Asset Market Act, saying its provisions “genuinely threaten the freedoms of Poles, their property, and the stability of the state,” according to a statement by the president’s press office on Monday.
Introduced in June, the bill has drawn criticism from industry advocates such as Polish politician Tomasz Mentzen, who had anticipated the president’s refusal to sign it as it cleared parliamentary approval.
Although crypto advocates welcomed the veto as a win for the market, several government officials condemned the move, claiming the president had “chosen chaos” and must bear full responsibility for the outcome.
Why the president vetoed the bill
One of the main reasons cited for the veto was a provision allowing authorities to easily block websites operating in the crypto market.
“Domain blocking laws are opaque and can lead to abuse,” the president’s office said in an official news release.
The president’s office also cited the bill’s widely criticized length, saying its complexity reduces transparency and would lead to “overregulation,” especially when compared with simpler frameworks in the Czech Republic, Slovakia and Hungary.
“Overregulation is an easy way to drive companies to the Czech Republic, Lithuania or Malta, rather than create conditions for them to operate and pay taxes in Poland,” the president said.
Nawrocki also highlighted the excessive amount of supervisory fees, which may prevent startup activity and favor foreign corporations and banks.
“This is a reversal of logic, killing off a competitive market and a serious threat to innovation,” he said.
Critics jump in: “The president chose chaos”
Nawrocki’s veto has triggered a strong backlash from top Polish officials, including Finance Minister Andrzej Domański and Deputy Prime Minister and Minister of Foreign Affairs Radosław Sikorski.
Domański warned on X that “already now 20% of clients are losing their money as a result of abuses in this market,” accusing the president of having “chosen chaos” and saying he bears full responsibility for the fallout.
Related: Spain’s junior ruling party proposes 47% crypto tax in ‘attack against Bitcoin’
Sikorski echoed the concern, saying that the bill was supposed to regulate the crypto market. “When the bubble bursts and thousands of Poles lose their savings, at least they will know who to thank,” Sikorski argued on X.
Crypto advocates, including Polish economist Krzysztof Piech, quickly pushed back, arguing that the president cannot be held responsible for authorities failing to pursue scammers.
He also noted that the European Union’s Markets in Crypto-Assets Regulation (MiCA) is set to provide investor protections across all EU member states starting July 1, 2026.
Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice
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