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Getting into bed with BlackRock – at what cost?
Keir Starmer’s BlackRock enthusiasm is a clear give-away for Tory continuity plans, argues CLAUDIA WEBBE
PAWNING BRITAIN: Prime Minister Sir Keir Starmer with Black Rock CEO Larry Fink, (centre left) and its executive board at 10 Downing Street, London on November 21 2024

INSTEAD of increasing public funding or promoting public ownership of key industries or identifying responsible investors, that prioritise peace and people over war and violence, Prime Minister Keir Starmer recently put out a gushing post on X about his meeting with Larry Fink, the chief executive of asset management firm BlackRock, and an even more gushing post on career firm Linkedin.

“I’m determined to deliver growth, create wealth and put more money in people’s pockets. This can only be achieved by working in partnership with leading businesses, like BlackRock, to capitalise on the UK’s position as a world leading hub for investment,” Starmer wrote.

Business Secretary Jonathan Reynolds said that Labour looks forward to working with BlackRock to “change the face of our UK.”

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