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 / 29 January 2025
29 January 2025
What we are seeing now in the policing of Gaza protests is a manifestation of an authoritarianism that the government intends to inflict on our country, argues CLAUDIA WEBBE
Features / 14 January 2025
14 January 2025
Instead of responding to changed circumstances by adjusting policy, Reeves is using fiscal ‘rules’ as an excuse to force government departments to make even deeper cuts than she had already flagged, says CLAUDIA WEBBE
Features / 17 December 2024
17 December 2024
While Starmer courts BlackRock and backs genocide, leading to despair and historically low voter turnout, the vultures of the new populist right circle Britain’s crumbling institutions, writes CLAUDIA WEBBE
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
Similar stories
Features / 17 December 2024
17 December 2024
While Starmer courts BlackRock and backs genocide, leading to despair and historically low voter turnout, the vultures of the new populist right circle Britain’s crumbling institutions, writes CLAUDIA WEBBE
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