"Daniela Gabor’s assertion in The Guardian that "BlackRock will privatise the UK" reflects a critical perspective on the growing influence of private finance, particularly BlackRock, in shaping Britain’s economic and social landscape.
Add to this Labour's recent webinar that included 700 lobbyists where Starmer's spokesperson Lord Evermore stated that governance powers were to be handed over to the lobbyists, while the UK Govt takes a 'secondary position' and things get very dark, very quickly.
Starmer's announcement on Twitter that the Govt is now a partner with firms like BlackRock is not about rebuilding the UK’s public infrastructure, far from it, this is about facilitating Blackrock's ambitions to expand its financial portfolio by hoovering up housing, education, health, nature, and green energy, by exploiting public-private partnerships (PPPs) to the max. This should be immediately stopped.
The most lucrative line of business in the world right now is between governments and corporations
Starmer is subsidizing privatization with taxpayer money, as BlackRock leverages its $10 trillion in managed assets to expand its grip on public goods.

Subsidies for the rentier class or asset class are a destructive feature of globalisation, govt's dish out subsidies in the form of State aid which is public money at ever-increasing and alarming rates. State aid is strictly regulated in the EU to prevent governments of member states from giving public money as profit motives for corporations. Subsidies induce corporations to take advantage of deregulation policy rollouts, nowhere are these more dangerous than in free zones such as Freeport's and Special Economic Zones, of which there are 74 SEZs and 12 Freeports currently nearing operational status in the UK.

BlackRock CEO Larry Fink’s pitch at the G7 summit in June 2024 saw him argue that rich nations need growth through infrastructure investment—estimated at $75 trillion globally by 2040—but public debt constraints limit state-led funding. Fink positions asset managers like BlackRock, which oversee vast pools of private capital (e.g., pensions and insurance funds), as the solution. This is a Trojan horse: BlackRock doesn’t just invest; it reshapes the social contract by turning public assets into profit streams, sweetened by public subsidies.

In the UK context, this aligns with Labour’s 2024 manifesto, which embraces "derisking" investments—essentially, the state absorbing risks to make projects attractive to private firms. BlackRock’s real-world moves, like its £1.5 billion-plus investments in UK housing (e.g., shared ownership with Heylo Housing and rental projects with Outpost Management), show it’s already active. Gabor’s critique amplifies this, warning that such partnerships could lock public goods into private hands, making renationalization harder and ceding control over critical sectors to finance giants.
The UK government will in its partnership with BlackRock privatise. BlackRock’s role is opportunistic: it invests where policy opens doors.
Labour’s openness to PPPs, as Gabor notes, accelerates this. Its influence is real—owning stakes in major UK firms and advising on crises like 2022’s pension fund mess—but it’s a partner, not a puppet master. It would be Keir Starmer's Govt that privatises the UK with a criminally corrupt shadow bank with infinite capital and atrocious track records in just about every corporate crime under the sun
https://theguardian.com/commentisfree/":