Skip to main content
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
Keir Starmer Rachel Reeves London Stock Exchange

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
8 - Akshata Murty
Features / 11 April 2025
11 April 2025
Why is the Labour government so addicted to giving government jobs to Tories when it spent so long trying to oust them? In the hope the favour is returned the next time the Tories return to power, writes SOLOMON HUGHES
HELD IN CONTEMPT: Elbit has faced a long campaign of sabotag
Features / 4 April 2025
4 April 2025
Israel’s number one death dealer supplying the IDF in its murderous campaigns against the Palestinians is now actively wining and dining our military top brass, looking to flog its blood-soaked wares, reveals SOLOMON HUGHES
DON’T BLAME CLAIMANTS: People take part in a protest outsi
Features / 28 March 2025
28 March 2025
Health Secretary Wes Streeting taking £53k from Tory-linked recruiter and outsourcer Peter Hearn’s OPD Group is a great example of how Labour’s rich donors shape policies targeting the poor – not their wealth, writes SOLOMON HUGHES
BLUE’S WHO? Maurice Glasman (left), who founded Blue Labou
Features / 21 March 2025
21 March 2025
A new book shows the group’s close links to Labour Together, which hoodwinked the party membership into voting for Starmer on fake left promises. SOLOMON HUGHES attempts to get some answers about what ‘Blue Labour’ actually stands for
Similar stories
fink+starmer
Features / 3 December 2024
3 December 2024
Keir Starmer’s BlackRock enthusiasm is a clear give-away for Tory continuity plans, argues CLAUDIA WEBBE
Thameslink train
Features / 13 September 2024
13 September 2024
SOLOMON HUGHES explains how rolling stock companies like Angel Trains will continue milking taxpayers for billions even after renationalisation, as Canadian pension funds and Texan oil billionaires cash in on our daily commutes
Labour shadow health secretary Wes Streeting in an ambulance
Features / 16 May 2024
16 May 2024
LESLIE HUCKFIELD explains how the roots of the shadow health secretary’s affection for the private health sector can be traced back to Patricia Hewitt and her New Labour heyday