Robert Jenrick has defended being handed a £75,000 donation from a company which had received money from a firm registered in the British Virgin Islands (BVI), despite criticising Labour over the freebies row.
Questions have been raised over the ultimate source of the funds from The Spott Fitness, which gave Mr Jenrick three separate £25,000 donations in July.
The Tory leadership contender told Sunday Morning With Trevor Phillips that The Spott Fitness “as I understand it… is a fitness company that operates in the UK”, and the donation was “perfectly legal and valid”.
During the interviews, Kemi Badenoch said she is a fighter and if someone takes a swing at her “I will swing back”.
Meanwhile, Tom Tugendhat defended his “posh boy public school background”, saying his military service has given him leadership skills, while former home secretary James Cleverly refused to name any of the previous four Tory prime ministers as being to blame for the party’s general election defeat, saying the public “don’t like infighting”.
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Jenrick says donations ‘valid’
Asked about the donations from The Spott Fitness, which have been declared on his MPs’ register of interests, Mr Jenrick said: “As I understand it, this is a fitness company that operates in the UK.
“It’s a perfectly legal and valid donation under British law and we’ve set it out in the public domain in the way that one does with donations.”
Pressed for details on who owns the company and who works for it, the former immigration minister said this would be set out “on Companies House in the normal way” and he has “obviously met people who are involved in the company”.
“What people are criticising Labour for is actually rather different,” he added.
“Labour are being criticised for their rank hypocrisy that they spent years complaining about other political parties and then they’ve chosen to take off donors and cronies and to give passes to Number 10 in response.”
The Labour Party Conference in Liverpool last week was overshadowed by a donation and freebies row, after it emerged Sir Keir Starmer accepted over £100,000 in gifts since 2019.
Image: Starmer has been criticised for accepting freebies. Pic: Reuters
Questions have been raised in particular over the large amount given by Labour peer and TV executive Lord Alli, who had a pass to Number 10 for a short time in order to attend meetings, the government said.
The Conservatives are now gathering in Birmingham since their worst defeat at the ballot box in history at the July general election.
Image: Robert Jenrick speaks to Trevor Phillips
Jenrick backs ‘cast iron cap’ on migration
Mr Jenrick, currently the frontrunner to replace Mr Sunak, said his party made “serious mistakes” and failed to deliver.
He is pitching himself as a “change” candidate, telling Trevor Phillips he would take the UK out of the European Convention on Human Rights (EHCR) in order to get the failed £700m Rwanda asylum scheme up and running, and introduce a cap on migration.
He said this would be different from previous commitments to introduce a limit as the cap would be “legally binding… cast in iron”, with the number set “in the tens of thousands or lower”.
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‘I will swing back’
Badenoch: ‘If you swing at me I will swing back’
Mr Jenrick faces competition on the right from Kemi Badenoch, the former equalities minister.
Speaking to Phillips, she defended an Op-ed in The Daily Telegraph in which she claimed there was a rise in the number of migrants coming to the UK who “hate Israel”.
She said she was not referring to all Muslim immigrants “but there are some, those who buy into Islamist ideology, political Islam, they do not like Israel and we need to be able to distinguish between the two”.
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The North West Essex MP said: “I will not stand there and let people punch me. If you swing at me I will swing back but I don’t look for fights.”
She added: “I am something that is just different and unique and that is why I stand out in this contest.”
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‘People have seen my faults’
‘Public don’t like bickering’
All four leadership contenders will make their case at the party conference this week, before another round of voting by MPs will reduce them to the final two, which the party membership will then vote on.
Mr Cleverly, who got the least votes of those remaining in the previous round, said his various cabinet roles in the past few years meant he has spent “more time promoting other people’s ideas” rather than his own – but that shows he is a “team player”.
He declined to name a prime minister who he blamed most for the party’s 2024 defeat but added: “I’ll tell you what the public told me they didn’t like – they didn’t like the constant infighting, they didn’t like the bickering.”
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1:46
Need to be ‘tough’ on Iran
Mr Tugendhat asked the public to judge him on his own record, rather than his public schooling.
“I think that decisions I have made for the last 35 years demonstrate the character that you are looking at,” he said.
“I have chosen consistently to serve our country. I have put myself on the frontline in Iraq and Afghanistan.”
US lawmakers have introduced a discussion draft that would ease the tax burden on everyday crypto users by exempting small stablecoin transactions from capital gains taxes and offering a new deferral option for staking and mining rewards.
The proposal, introduced by Representatives Max Miller of Ohio and Steven Horsford of Nevada, seeks to amend the Internal Revenue Code to reflect the growing use of digital assets in payments. The draft is set “to eliminate low-value gain recognition arising from routine consumer payment use of regulated payment stablecoins,” per the draft.
Under the draft, users would not be required to recognize gains or losses on stablecoin transactions of up to $200, provided the asset is issued by a permitted issuer under the GENIUS Act, pegged to the US dollar and maintains a tight trading range around $1.
The bill includes safeguards to prevent abuse. The exemption would not apply if a stablecoin trades outside a narrow price band, and brokers or dealers would be excluded from the benefit. Treasury would also retain authority to issue anti-abuse rules and reporting requirements.
Draft bill explains the reasoning behind tax breaks. Source: House
Beyond payments, the proposal addresses long-standing concerns around “phantom income” from staking and mining. Taxpayers would be allowed to elect to defer income recognition on staking or mining rewards for up to five years, rather than being taxed immediately upon receipt.
“This provision is intended to reflect a necessary compromise between immediate taxation upon dominion & control and full deferral until disposition,” the draft said.
The draft also extends existing securities lending tax treatment to certain digital asset lending arrangements, applies wash sale rules to actively traded crypto assets, and allows traders and dealers to elect mark-to-market accounting for digital assets.
Crypto groups urge Senate to rethink stablecoin rewards ban
Last week, the Blockchain Association sent a letter to the US Senate Banking Committee, signed by more than 125 crypto companies and industry groups, opposing efforts to extend restrictions on stablecoin rewards to third-party platforms.
The group argued that expanding the GENIUS Act’s limits beyond stablecoin issuers would curb innovation and increase market concentration in favor of large incumbents. The letter compared crypto rewards to incentives commonly offered by banks and credit card companies, warning that banning similar features for stablecoins would undermine fair competition.
The elections watchdog has criticised the government for offering to consider delaying 63 local council elections next year – as five authorities confirmed to Sky News that they would ask for a postponement.
On Thursday, hours before parliament began its Christmas recess, the government revealed that councils were being sent a letter asking if they thought elections should be delayed in their areas due to challenges around delivering local government reorganisation plans.
The chief executive of the Electoral Commission, Vijay Rangarajan, hit out at the announcement on Friday, saying he was “concerned” that some elections could be postponed, with some having already been deferred from 2025.
“We are disappointed by both the timing and substance of the statement. Scheduled elections should, as a rule, go ahead as planned, and only be postponed in exceptional circumstances,” he said in a statement.
“Decisions on any postponements will not be taken until mid-January, less than three months before the scheduled May 2026 elections are due to begin.
“This uncertainty is unprecedented and will not help campaigners and administrators who need time to prepare for their important roles.”
Mr Rangarajan added: “We very much recognise the pressures on local government, but these late changes do not help administrators. Parties and candidates have already been preparing for some time, and will be understandably concerned.”
He said “capacity constraints” were not a “legitimate reason for delaying long planned elections”, which risked “affecting the legitimacy of local decision-making and damaging public confidence”.
The watchdog chief also said there was “a clear conflict of interest in asking existing councils to decide how long it will be before they are answerable to voters”.
Four mayoral elections due to take place in May 2026 set to be postponed
Sky News contacted the 63 councils that have been sent the letter about potentially delaying their elections.
At the time of publication, 17 authorities had replied with their decisions, while 33 said they would make up their minds before the government’s deadline of 15 January.
Many councils told Sky News they were surprised at yesterday’s announcement, saying that they had been fully intending to hold their polls as scheduled.
They said they were now working to understand the appropriate democratic mechanism for deciding whether to request a postponement of elections. Some local authorities believe it should be a decision made by their full council, while others will leave it up to council leaders or cabinet members to decide.
Multiple councils also emphasised in statements to Sky News that the ultimate decision to delay elections lay with the government.
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Reform UK has threatened legal action against ministers, accusing Labour and the Tories of “colluding” to postpone elections in order to lock other parties out of power – a sentiment echoed by Liberal Democrat leader Sir Ed Davey.
But shadow local government secretary Sir James Cleverly told Sky News this morning that the Conservative Party “wants these elections to go ahead”. Sky News understands that the national party is making that position clear to local leaders.
A spokesperson for the Ministry of Housing, Communities, and Local Government, said it was taking a “locally-led approach”, and emphasised that “councils are in the best position to judge the impact of postponements on their area”.
They added: “These are exceptional circumstances where councils have told us they’re struggling to prepare for resource-intensive elections to councils that will shortly be abolished, while also reorganising into more efficient authorities that can better serve local residents.
“There is a clear precedent for postponing local elections where local government reorganisation is in progress, as happened in 2019 and 2022.”
The five councils that confirmed they would be seeking postponements were:
Blackburn with Darwen Council (Labour);
Chorley Borough Council (Labour);
East Sussex County Council (Conservative minority);
Hastings Borough Council (Green minority);
West Sussex County Council (Conservative).
The councils in Chorley, and East and West Sussex, had decided prior to Thursday’s government announcement that they would request a delay.
Can the Conservatives make ground at the local elections in 2026?
An East Sussex County Council spokesperson told Sky News: “It is welcome that the government is listening to local leaders and has heard the case for focussing our resources on delivery in East Sussex, particularly with devolution and reorganisation of local government, as well as delivering services to residents, such high priorities.”
They also pointed to the cost of electing councillors for a term of just one year, and argued that it would be “more prudent for just one set of elections to be held in 2027”.
West Sussex County Council echoed those reasons and said it would cost taxpayers across the county £9m to hold elections in 2026, 2027, and 2028, as currently planned.
Chorley and Blackburn councils also cited the cost of delivering elections, and said they would prefer that money be spent on delivering the local government reorganisation and delivering services to local residents.
Meanwhile, 12 councils confirmed to Sky News that they would not be requesting delays:
Basingstoke and Deane Borough Council (Liberal Democrat-Independents);
Broxbourne Borough Council (Conservative);
Colchester City Council (Labour-Liberal Democrat);
Eastleigh Borough Council (Liberal Democrat);
Essex County Council (Conservative);
Hart District Council (Liberal Democrat-Community Campaign);
Hastings Borough Council (Green minority);
Isle of Wight Council (no overall control);
Newcastle-under-Lyme Borough Council (Conservative);
Portsmouth City Council (Liberal Democrat minority);
Keonne Rodriguez, who pleaded guilty to one felony count related to his role at Samourai Wallet, is calling on US President Donald Trump to pardon him, citing similar language that has been successful in previous pardon applications.
In a Thursday X post, Rodriguez said he would report to prison on Friday, where he will serve a five-year sentence for operating an illegal money transmitter. The Samourai co-founder claimed there were no “victims” to his crime, and blamed his incarceration on “lawfare perpetrated by a weaponized Biden DOJ.”
In a message tagging Trump, Rodriguez expressed hope that the US president would issue a federal pardon for him and William “Bill” Lonergan Hill, another Samourai executive who pleaded guilty and was sentenced to four years. Rodriguez blamed “activist judges” for his legal troubles, claiming he was targeted by a “political anti-innovation agenda.”
“I maintain hope that [Trump] is a fair man, a man of the people, who will see this prosecution for what it was: an anti innovation, anti american, attack on the rights and liberties of free people,” said Rodriguez. “I believe his team […] and others truly want to end the weaponization of the DOJ that the previous administration wielded so effectively […] I believe he will continue to wield that power for good and pardon me and Bill.”
Rodriguez’s public plea followed Trump’s statement that he would “take a look” at a pardon for the Samourai co-founder, claiming that he had no knowledge of the case. It’s unclear whether Rodriguez filed an official application for a pardon or is relying on public statements to get the president’s attention.
Other crypto execs successfully lobbied for a Trump pardon
One of Trump’s first acts as president in January was to issue a pardon for Silk Road founder Ross Ulbricht, who had been serving a life sentence for his role in creating and operating the darknet marketplace.
Former Binance CEO Changpeng “CZ” Zhao, who pleaded guilty to one felony in 2023 related to the exchange’s Anti-Money Laundering program, served four months in prison but also received a pardon from the president. Trump later said he “[knew] nothing about” Zhao when asked about the pardon in a November interview.
Rodriguez’s language addressing Trump mirrored comments from the White House on previous pardons. For example, Press Secretary Karoline Leavitt said it was a “weaponization of justice from the previous administration” when the president commuted the sentence of David Gentile, who was convicted of defrauding “thousands of individual investors in a $1.6 billion” scheme in 2024.
Crypto users on Polymarket were not given the choice of betting on the odds of a Trump pardon of Rodriguez as of Friday. At the time of publication, Trump ally Steve Bannon had the highest odds, at 9%.