Skip to main content
Advertise Buy the paper Contact us Shop Subscribe Support us
Financial Services Review: Labour snuggles deeper into bed with the City
Champagne receptions all about ‘growth’ under a Labour government that don’t include any plans for actual productive growth and a load of PFI-tainted spivs says it all, laments SOLOMON HUGHES

RACHEL REEVES, Labour’s shadow chancellor and shadow City minister Tulip Siddiq hosted a champagne reception at the Guildhall in the City of London for “industry leaders” in finance at the end of February.

The drinks reception was held “in partnership” with the City of London to celebrate Labour’s Financial Services Review. Ordinary members weren’t invited. Journalists were excluded.

This Financial Services Review says: “Labour’s defining economic mission is to restore growth to Britain. This calls not just for a change in government, but a change in mindset: an active government prepared to work in partnership with business to remove the barriers to economic success.”

Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
Features / 13 February 2025
13 February 2025
What’s behind the sudden wave of centrist ‘understanding’ about the real nature of Starmerism and its deep unpopularity? SOLOMON HUGHES reckons he knows the reasons for this apparent epiphany
Features / 7 February 2025
7 February 2025
They’re the problem it’s them: SOLOMON HUGHES on the freeloading flunkies of the Labour Party hoovering up VIP tickets to musical and sporting events
Features / 31 January 2025
31 January 2025
SOLOMON HUGHES examines how Labour has gone from blaming Tory deregulation for our economic woes to betting the nation's future on more of it
Features / 24 January 2025
24 January 2025
SOLOMON HUGHES reports on how a mega-wealthy hedge fund manager is dishing out cash to a ‘cringe’ Labour Party mediocrity with contempt for the voters
Similar stories
Features / 3 December 2024
3 December 2024
Keir Starmer’s BlackRock enthusiasm is a clear give-away for Tory continuity plans, argues CLAUDIA WEBBE
Features / 15 March 2024
15 March 2024
SOLOMON HUGHES warns Reeves’s proposed national wealth fund hands City financiers control over billions in public money for big business — and we get... to pay!
Features / 23 February 2024
23 February 2024
Labour seems to think we’ll be impressed about this new defector — but even a cursory glance shows he’s a professional neoliberal lobbyist, not some 'traditional One Nation Tory' concerned with social justice, reveals SOLOMON HUGHES