Sir Keir Starmer batted away hecklers during a mammoth speech in which he used his personal experiences to show off his human side as he announced a key climate change policy.
Doreen Lawrence, mother of murdered teenager Stephen Lawrence, introduced Sir Keir before his conference speech by thanking the Labour leader for helping prosecute his murderers when he was a barrister.
During the 90 minute speech, which was his first in-person conference address since he became leader, he hit out at the government, referenced his parents throughout and announced a plan to retrofit millions of homes.
Following five days of ups and downs in Brighton, including successfully getting a new way of voting for a leader through, he put Labour forward as the next party to lead the country.
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Labour leader Sir Keir Starmer being heckled
But he was also heckled by those who may be bigger fans of his predecessor, Jeremy Corbyn, who has criticised Sir Keir at fringe events this week.
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However, he brushed them away by saying “shouting slogans or changing lives, conference?” – to which he got cheers from the audience.
He spoke of not being from a privileged background, of his father being a tool maker in a factory and his mum being a nurse in the NHS and her getting a rare arthritic disease for which he could “hardly convey to you the emotion of seeing your mum in that condition”.
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For a leader who has often been accused of failing to show off his personality and any emotion, it appeared important for Sir Keir to connect on an emotional level with Labour members, who listened intently.
He also spoke of being a lawyer and chief prosecutor and how that has helped his approach to politics.
John and Penny Clough, the parents of murdered nurse Jane Clough, were in the front row of the audience and Sir Keir told of them coming to him to get justice for her and how they changed the law – and how crime “will always be a Labour issue”.
Image: Doreen Lawrence introduced Sir Keir
Sir Keir said Labour would fast-track rape and serious sexual assault cases and toughen sentences for rapists, stalkers and domestic abusers.
Recognising he came into politics “late in life”, the Labour leader said he was not a career politician and said he was nothing like Boris Johnson, who he said was waging war on traffic cones while he was prosecuting Stephen Lawrence’s murderers.
He also said in 2010 he was helping put terrorists behind bars while Mr Johnson was defending the right not to wear a cycle helmet.
“It’s easy to comfort yourself that your opponents are bad people, but I don’t think Boris Johnson is a bad man, I think he is a trivial man,” he said.
“I think he’s a showman with nothing left to show, I think he’s a trickster who has performed his one trick.”
Image: Sir Keir was cheered as he set himself apart from the Tories
He promised Labour will “always fund the NHS properly” and would shift the priority of the NHS away from emergency care to prevention, including funding mental health as much as physical health.
“Labour will guarantee that support will be available in less than a month,” he said.
That would include recruiting 8,500 more mental health professionals and ensuring every school has specialist support and communities have mental health hubs.
Another of the Labour leaders key promises is on education and Sir Keir used a famous Tony Blair slogan (“education, education, education”) as he said: “Education is so important I am tempted to say it three times.”
He said Labour will launch the most ambitious school improvement plan, including ensuring children leave school with good qualifications and who are ready to work.
Image: Delegates hold up a red cards as a group of hecklers attempt to interrupt the keynote speech of leader of the British Labour Party Keir Starmer at the annual party conference in Brighton, England, Wednesday, Sept. 29, 2021. (AP Photo/Alastair Grant)
Theatre, drama and music will not be allowed to collapse, he said as he mentioned he had music lessons with Fat Boy Slim at school.
On the economy, Sir Keir said Labour would support small businesses and invest a minimum of 3% of GDP in science and research and development.
He said the finances inherited from the Conservatives “will need serious repair work” but the approach to taxation will be governed by taxpayers getting the best value for money.
Sir Keir’s shadow cabinet ministers have announced a raft of new policies this week and he added to that by saying climate change – which got a big clap – would be tackled by retrofitting 19 million homes over a decade to save families more than £400 a year on energy bills, with a £6bn a year investment.
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Starmer wants ‘serious’ plan for government from his party
And he hit out at Scottish First Minister Nicola Sturgeon, saying the SNP and the Tories “exploit the constitutional divide” so he was worried about the future of Wales within the Union.
After his speech, the Labour leader was joined by his wife, Victoria, on stage and they left the conference hall to the Fat Boy Slim song “Right here, right now” – plus a standing ovation.
A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts.
The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to speculative risk. In a letter sent on Wednesday to the US Senate Banking Committee, the American Federation of Teachers argued that cryptocurrencies are too volatile for pension and retirement savings, warning that workers could face significant losses.
The letter drew immediate pushback from crypto investors and industry figures. “The American Federation of Teachers has somehow developed the most logically incoherent, least educated take one could possibly author on the matter of crypto market structure regulation,” a crypto investor said on X.
The AFT letter to Congress opposes regulatory changes that would allow 401(k) retirement accounts to hold alternative assets, including cryptocurrency. Source: CNBC
In response to the letter, Castle Island Ventures partner Sean Judge said the bill would improve oversight and reduce systemic risk, while enabling pension funds to access an asset class that has delivered strong long-term returns.
Consensys attorney Bill Hughes said the AFT’s opposition to the crypto market structure bill was politically motivated, accusing the group of acting as an extension of Democratic lawmakers.
Funds held in US retirement accounts by type of account plan. Source: ICI
Opposition to crypto in retirement and pension funds mounts
Proponents of allowing crypto in retirement portfolios, on the other hand, argue that it democratizes finance, while trade unions have voiced strong opposition to relaxing current regulations, claiming that crypto is too risky for traditional retirement plans.
“Unregulated, risky currencies and investments are not where we should put pensions and retirement savings. The wild, wild west is not what we need, whether it’s crypto, AI, or social media,” AFT president Randi Weingarten said on Thursday.
The AFT represents 1.8 million teachers and educational professionals in the US and is one of the largest teachers’ unions in the country.
According to Better Markets, a nonprofit and nonpartisan advocacy organization, cryptocurrencies are too volatile for traditional retirement portfolios, and their high volatility can create time-horizon mismatches for pension investors seeking a predictable, low-volatility retirement plan.
Bitcoin and Ether volatility compared to other asset classes and stock indexes. Source: US Federal Reserve
In October, the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) also wrote to Congress opposing provisions within the crypto market structure regulatory bill.
The AFL-CIO, the largest federation of trade unions in the US, wrote that cryptocurrencies are volatile and pose a systemic risk to pension funds and the broader financial system.
The US Office of the Comptroller of the Currency has conditionally approved five national bank charter applications for companies tied to the digital assets industry.
In a Friday notice, the OCC said it had conditionally approved BitGo, Fidelity, and Paxos to convert their existing state-level trust companies into federally chartered national trust banks. In the same announcement, the regulator said it had conditionally approved new applications from Circle and Ripple for national trust bank charters.
“New entrants into the federal banking sector are good for consumers, the banking industry and the economy,” said Jonathan Gould, the Comptroller of the Currency, adding: “The OCC will continue to provide a path for both traditional and innovative approaches to financial services to ensure the federal banking system keeps pace with the evolution of finance and supports a modern economy.”
Europe’s crypto regulatory framework is entering a new phase of scrutiny as policymakers weigh whether enforcement of the Markets in Crypto-Assets (MiCA) regulation should remain with national authorities or be centralized under the European Securities and Markets Authority (ESMA).
MiCA, which came largely into force at the beginning of 2025, was designed to create a unified rulebook for crypto-asset service providers across the European Union.
But as implementation progresses, disparities between member states are becoming harder to ignore. Some regulators have approved dozens of licenses, while others have issued only a handful, prompting concerns about inconsistent supervision and regulatory arbitrage.
In this week’s episode of Byte-Sized Insight, Cointelegraph explored what those growing pains mean for Europe’s crypto market with Lewin Boehnke, chief strategy officer at Crypto Finance Group — a Switzerland-based digital asset firm with operations across the EU.
Uneven enforcement fuels calls for oversight
According to Boehnke, the core challenge facing Europe isn’t the MiCA framework itself, but rather how it is being applied differently across jurisdictions.
“There is a very, very uneven application of the regulation,” he said, pointing to stark contrasts between member states. Germany, for example, has already granted around 30 crypto licenses, many to established banks, while Luxembourg has approved just three, all to major, well-known firms.
The ESMA released a peer review of the Malta Financial Services Authority’s authorization of a crypto service provider, finding that the regulator only “partially met expectations.”
Those disparities have helped fuel support among some regulators and policymakers for transferring supervisory powers to ESMA, which would create a more centralized enforcement model similar to the US Securities and Exchange Commission.
France, Austria and Italy have all signaled support for such a move, particularly amid criticism of more permissive regimes elsewhere in the bloc.
From Boehnke’s perspective, centralization could be less about control and more about efficiency.
“From just purely the practical point of view, I think it would be a good idea to have a unified… application of the regulation,” he said, adding that direct engagement with the ESMA could reduce delays caused by back-and-forth between national authorities.
MiCA’s design praised, but technical questions remain
Despite criticism from some corners of the crypto industry, Boehnke said MiCA’s overarching structure is sound, particularly its focus on regulating intermediaries rather than peer-to-peer activity.
“I do like MiCA regulation… the overarching approach of regulating not necessarily the assets, not the peer-to-peer use, but the custodians and the ones that offer services… that is the right approach.”
However, he also noted that unresolved technical questions are slowing adoption, especially for banks. One example is MiCA’s requirement that custodians be able to return client assets “immediately,” a phrase that remains open to interpretation.
“Does that mean withdrawal of the crypto? Or is it good enough to sell the crypto and withdraw the fiat immediately?” Boehnke asked, noting that such ambiguities are still being worked through and are awaiting clarity from ESMA.
To hear the complete conversation on Byte-Sized Insight, listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify. And don’t forget to check out Cointelegraph’s full lineup of other shows!