Skip to main content
Advertise Buy the paper Contact us Shop Subscribe Support us
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

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.”

Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
Features / 19 November 2024
19 November 2024
The Stafford Hospital scandal’s false mortality statistics led to devastating service cuts despite evidence disproving the whole debacle, writes CLAUDIA WEBBE, warning of similar threats under Labour’s new plans for league tables
Features / 4 November 2024
4 November 2024
The Labour leadership’s refusal to even consider the widely accepted case for Britain to pay reparations for its part in the transatlantic slave trade is a sign of its imperialist worldview, writes CLAUDIA WEBBE
Features / 27 October 2024
27 October 2024
Labour’s controversial plan to put the overweight and unemployed on the ‘skinny jab’ Mounjaro should set alarm bells ringing once we look into some of the research into the drug and the company set to supply it, warns CLAUDIA WEBBE
Features / 9 October 2024
9 October 2024
Israel’s tactics – with Western connivance – of incursion and expansion in Lebanon are not new, with invasions in 1978, 1982 and 2006 even prior to the current assault, says CLAUDIA WEBBE
Similar stories
Features / 3 December 2024
3 December 2024
The left must call out the fact that BlackRock and private billionaires have merged with the state apparatus as our leaders abandon any pretence of there being a ‘free market’ for direct and overt corporate control, writes JOE GILL
Features / 2 December 2024
2 December 2024
Undaunted by Big Oil success, ALAN SIMPSON looks at alternatives to lack of courage and imagination stifling the Labour government and it policies
Features / 2 July 2024
2 July 2024
This new plan may be one of Starmer’s avowed priorities in government, but he and Scottish Labour leader Anas Sarwar have given conflicting accounts of how it will actually work. COLL McCAIL reports
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