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Sir Ed Davey has promised to introduce a guarantee for cancer patients to begin treatment within two months if his party holds the balance of power after the next general election.

In his closing speech to the Liberal Democrat conference in Bournemouth, the party leader attacked “Conservative chaos” in government for leading to “unacceptable delays”.

And he pledged the policy would be the “top priority” for him and his MPs in the next parliament.

Politics live: Davey delivers NHS-focused speech

Sharing how he lost both his parents at a young age to cancer, Sir Ed told the audience: “My family’s story isn’t unique. There are millions of us whose lives get turned upside down by cancer.

“This very day, across the UK, a thousand people will hear that fateful diagnosis. A thousand people, choking back tears as they try to process what it means for them.

“Far too many people are still waiting, far too long for a diagnosis, or to start treatment after being diagnosed.

“We will hold the government to account, for every target it misses and every patient it fails. We will never stop fighting for better care for you and your loved ones.”

Ed Davey
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The Lib Dem conference was held in Bournemouth

A source close to the leader said that in practice, the policy would work like the Armed Forces covenant – a promise from the nation that those who serve or have served in the armed forces, and their families, are treated fairly – to improve services.

The health secretary would be the person ultimately responsible for making sure the target is met.

Patients would be able to complain to the health ombudsman if they weren’t seen within the timeframe, and it could see the government getting sued as a result.

The source would not be drawn over whether the policy would be a deal breaker in any negotiations with Labour after the election, as the party continues to avoid answering questions about any possible agreement coming from a hung parliament, saying instead that the Lib Dems were “focused on voters”.

But he did reveal the cost of the plan was £4bn over five years.

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Lib Dems hint at Labour deal

Sir Ed underlined a number of health pledges the party has made over recent days during the speech – including enabling patients to see a GP within seven days and bringing in mental health MOTs for vulnerable groups.

But he also focused his ire on the Conservatives, as the Lib Dems attempt to win over voters in traditional Tory seats.

Throughout the conference, the party has hammered home its strategy of targeting the so-called “Blue Wall”, with around 80 seats in their sights where they came second to the Tories at the last general election.

Policy announcements made this week designed to appeal to those constituencies included ditching their long-standing pledge to add 1p to income tax.

But the leadership failed to get support from its members to water down its housing targets, losing a vote on the conference floor after a campaign by young activists.

Read more:
Lib Dems have their tails in the air once again – just don’t mention Brexit
10 conference moments that made headlines

Lib Dems are determined to translate recent by-election wins into more widespread gains at an election


Rob Powell Political reporter

Rob Powell

Political correspondent

@robpowellnews

Despite the cuddly caricature frequently cast on the Lib Dems, the party has a ruthless streak – especially when it comes to by-elections.

If this four-day gathering on the Dorset coast has shown anything, it’s that the party leadership is determined to try and translate the discipline shown during recent individual votes into a wider strategy to pick up seats across the country.

That involves talking a lot about some things – chief among them the NHS, cost of living and the Tory record in government.

But crucially it’s also about barely mentioning others – for that, see the tension on show between members and party HQ over the lack of emphasis being placed on the long-term policy to re-join the EU.

Sir Ed Davey’s closing speech today was another illustration of this approach.

But the lack of some detail and costings around the key policy announcement of a cancer guarantee points to a possible criticism of this broader plan.

Are these serious and realistic answers to the big difficult questions facing the country?

Or just a sort of “centrist populism” that promises the world – just so long as you’re a disillusioned Tory who lives within a handful of marginal seats?

Lib Dems know the risks of making promises you can’t keep.

But after their post-coalition wipeout, they also know that policy can lack much purpose without a presence in parliament.

Sir Ed said: “For the British people, the next general election can’t come quickly enough. People are desperate for change.

“And while Rishi Sunak clings on, out of touch and out of ideas, our job – our responsibility – is to show the British people that positive change is possible. And that we are ready to fight for it, whenever the election comes.

“And this week, we’ve done just that. We’ve shown we have the policies, the passion and the people – not just to get the Conservatives out, but to deliver the real change people want. The fair deal people deserve.”

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Bitcoin to end four-year cycle, break out to new highs in 2026: Grayscale

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Bitcoin to end four-year cycle, break out to new highs in 2026: Grayscale

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.

Bitcoin pullback, compared to previous drawdowns. Source: research.grayscale.com

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.

Bitcoin ETF Flow, in USD, million. Source: 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.

Interest rate cut probabilities. Source: CMEgroup.com

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