Tories taken over by ‘crackpots and conspiracy theorists’, says Labour’s Wes Streeting

Published

2 years ago

October 8, 2023

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The Tories have been taken over by “crackpots and conspiracy theorists”, Wes Streeting said as he defended Labour’s appeal to voters.

Appearing on Sky News’ Sunday Morning with Trevor Phillips programme, the shadow health secretary rejected criticism that his party under Sir Keir Starmer’s leadership is “a bit wet”.

He said he was “proud” Labour is “appealing to the country rather than repelling people” when “the cranks, the crackpots and the conspiracy theorists” have taken over the Conservative Party.

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Pointing to comments made by Transport Secretary Mark Harper – who last week claimed local councils want to “decide how often you go the shops” – Mr Streeting added: “When you’ve got cabinet ministers, notionally serious cabinet ministers like Mark Harper on your programme this morning, peddling conspiracy theories as if he’s been doom-scrolling TikTok trying to find the most bonkers things to say from the conference platform – what are these people doing?

“And how on earth does this address the biggest crises in our country?”

Mr Streeting was responding to criticism from the head of Labour’s biggest donor, who last night warned the party against being “too timid” and “limping into Number 10”.

Sharon Graham, the general secretary of Unite, said she wanted the party to resemble the reforming Labour government of 1945 led by Clement Attlee in the aftermath of the Second World War, when the NHS was founded.

Mr Streeting made the point that Labour’s new plan to spend £1.1bn providing another two million NHS appointments during evenings and weekends is an example of its ambition.

The measure forms part of Labour’s NHS proposals – including extra scanners and dental reforms – worth around £1.6bn, but it relies on NHS staff volunteering for extra shifts despite the lure of lucrative private work.

Labour peer Peter Mandelson said he agreed with Ms Graham that “we need more than policy tweaks and we need more than small twists of the policy dial”.

However, he said Sir Keir needs to continue doing what he’s doing “taking the party from being ‘weird’ to ‘normal’.”

RMT boss Mick Lynch also called on Labour to be bolder, telling Sky News: “There’s no point in being timid or hiding your light under a bushel. People need something to vote for, not just something to vote against.”

It comes as Labour members gather in Liverpool for what could be the final Labour conference before the expected general election next year.

After its dire performance at the last election, the party has been buoyed by consistent double-digit poll leads over the Tories and the recent Rutherglen and Hamilton West by-election triumph over the SNP.

Speaking to the BBC, Sir Keir said he wanted to use the conference to change people’s minds about those who aren’t convinced by him.

Confronted with a word cloud that suggested the public thought “nothing” about him, he said: “I’ve had a lot worse thrown at me in my life… that is why this week is so important for us.

“We come here to this, the last conference before a general election, to set out our positive case.”

In other developments as the conference started on Sunday:

Sir Keir said his plan to grow the economy would raise money to invest in public services – but would not say what would happen if the economy doesn’t grow
The Labour leader restated a commitment to build 1.5 million homes over a five-year term, and said he would scrap the Rwanda deportation plan even if it’s approved by the courts and brings down Channel crossings
Deputy leader Angela Rayner gave a speech which was interrupted by a heckler talking about the NHS
The speech addressed rental reforms, housing and workers’ rights but did not contain new policy

Politics

China says it has ‘no interest’ in spying on UK following latest accusations

Published

3 hours ago

November 19, 2025

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China says it has 'no interest' in spying on UK following latest accusations

China’s foreign ministry has hit back at what it called “unfounded” accusations of spying in Westminster, saying it has “no interest” in gathering intelligence on the UK.

Yesterday, the security service MI5 sent a warning to MPs and peers about two recruitment headhunters who are working for Chinese security services.

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They are Amanda Qiu of BR-YR Executive Search and Shirly Shen of the Internship Union.

But speaking in response to a question by Asia correspondent Helen-Ann Smith, Chinese foreign ministry spokesperson Mao Ning replied: “China has repeatedly made clear its solemn position on this matter.

“We firmly oppose such unfounded allegations and the exaggerated portrayal and sensationalism that project one’s own biases onto others.

“Judgements based on erroneous information will only lead astray.

Ms Mao added: “China never interferes in the internal affairs of other countries, nor does it have any interest in gathering so-called intelligence on the British parliament.”

Chinese spying accusations may signal thorny period ahead

It is China’s standard playbook to outright deny allegations of spying.

But given that it’s common knowledge countries spy on each other, and given the recent spate of allegations of this nature, it might feel a little far-fetched for China to stick so rigorously to the position that the UK is just making it all up.

Not so, says Mao Ning, the spokesperson for China’s Ministry of Foreign Affairs.

When I put it to her, she said that these allegations are, in fact, a “projection of one’s own biases on to others”, and that China doesn’t “have any interest in gathering so-called intelligence on the British parliament”.

That is almost certainly not true. China is commonly understood to run a highly sophisticated espionage operation.

But, in a way, the truth or untruth might be immaterial to the impact on the bilateral relationship.

While the UK government may seek to send strong signals amidst criticism that it’s being too soft, China really does not appreciate this type of laundry being aired in public.

It may well signal a thorny period ahead.

In a message seen by Sky News about parliamentary staff, MPs and peers were warned that the MI5 alert “highlights how the Chinese Ministry of State Security (MSS) is actively reaching out to individuals in our community”.

The message continued: “Their aim is to collect information and lay the groundwork for long-term relationships, using professional networking sites, recruitment agents and consultants acting on their behalf.”

Security minister Dan Jarvis later said in a statement to parliament that “China has a low threshold for what information is considered to be of value, and will gather individual pieces of information to build a wider picture”.

He added: “Let me speak plainly. This activity involves a covert and calculated attempt by a foreign power to interfere with our sovereign affairs in favour of its own interests, and this government will not tolerate it.”

The government made a statement in the House of Commons following the revelations, saying it would take all “necessary measures” to protect the UK.

Westminster employees were warned that two individuals were both known to be reaching out on LinkedIn to “conduct outreach at scale on behalf of MSS”.

This latest warning comes after the collapse of a prosecution of two people suspected of spying on behalf of China.

The previous spying allegations led to controversy over how the government under Labour responded to the Crown Prosecution Service’s requests for evidence.

Sir Keir Starmer sought to blame the previous Conservative government for the issues, which centred on whether China could be designated an “enemy” under First World War-era legislation.

Sir Keir has sought to keep relationships with Beijing somewhat warm, highlighting the value of China as a trading partner.

Politics

New Hampshire approves first-of-its-kind $100M Bitcoin-backed municipal bond

Published

9 hours ago

November 19, 2025

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New Hampshire approves first-of-its-kind 0M Bitcoin-backed municipal bond

New Hampshire has approved the issuance of a $100 million municipal bond backed by Bitcoin, in what appears to be the first structure of its kind at the US state level.

Minutes from a Nov. 17 meeting of the New Hampshire Business Finance Authority (BFA), the state’s business financing agency, show the board planned “to consider approving a resolution authorizing up to $100,000,000 bonds for a project to acquire and hold digital currency.”

Minutes from the following day record that directors voted to “approve the preliminary official intent, with no reservation, to issue a taxable conduit revenue bond for WaveRose Depositor, LLC of up to $100,000,000.”

According to a Wednesday Crypto in America report, the bond is backed by Bitcoin (BTC) and would let companies borrow against overcollateralized BTC held by a private custodian. The state or taxpayers do not back the bond; instead, BFA approves and oversees a private deal, while Bitcoin — reportedly held in custody by BitGo — covers investors.

According to the report, asset manager Wave Digital Assets and bond specialist Rosemawr Management designed the bond to utilize Bitcoin as collateral under the same rules that govern municipal and corporate bonds. Wave co-founder Les Borsai said the goal is to “bridge traditional fixed income with digital assets” for institutional investors.

New Hampshire, United States — *The New Hampshire State House in Concord. Source:* *Wikimedia*

“We believe this structure shows how public and private sectors can collaborate to responsibly unlock the value of digital assets and digital asset reserves,” he added.

The borrower is expected to post approximately 160% of the bond’s value in Bitcoin as collateral, and if the price of BTC drops below roughly 130%, a liquidation would ensure that bondholders stay whole. According to BFA Executive Director James Key-Wallace, fees from the transaction will fund the local innovation and entrepreneurship program, the Bitcoin Economic Development Fund.

New Hampshire dives headfirst into crypto

The news follows New Hampshire becoming the first US state to allow its government to invest in cryptocurrencies in May after Governor Kelly Ayotte signed a bill allowing the municipality to “invest in cryptocurrency and precious metals.”

New Hampshire is also working on a bill to deregulate local cryptocurrency mining operations. In late October, a committee voted 4–2 to send the measure for further review in an interim study after it had been deadlocked in the State Senate twice.

The local administration is viewed as particularly welcoming to the cryptocurrency industry. In early February, Brendan Cochrane, an Anti-Money Laundering specialist at YK Law in New York City, argued that it could become an alternative for crypto companies relocating to the Bahamas.

The latest moves build on a longer history of crypto engagement. Back in 2015, New Hampshire was already working on a bill that would have allowed the state government to accept tax and fee payments in Bitcoin.

The bill ultimately failed in 2016, but it shows how early the local administration began to show interest in this asset class. Additionally, as early as 2016, some advocates were already arguing that New Hampshire was among the world’s most Bitcoin-friendly communities.