Kwasi Kwarteng grabs headlines again as his tiny-term chancellorship and links to crypto spark scrutiny—former UK chancellor, 2022.
Nigel Farage has invested £215,000 in Stack BTC, a London-based crypto company chaired by ex-Chancellor Kwasi Kwarteng. The investment, part of a £260,000 fundraise, gives Farage a 6.3% stake. The move aligns with Reform UK's pro-crypto stance amid UK regulatory changes.
Labour figures have been facing internal pressure after local election losses, with leadership questions intensifying as Makerfield prepares for a by-election on June 18. Andy Burnham is contesting the seat, while Wes Streeting signals a shift in policy, including a wealth tax proposal.