Labour leader Keir Starmer, shadow chancellor Rachel Reeves, and four other senior party figures met with a major media and financial information conglomerate weeks after it donated £150,000 to the party – sparking concerns of “cash for access” from transparency campaigners.
The meeting between Labour and the Bloomberg group, which took place in Edinburgh on 8 December last year, was described as “suspicious” and “highly unusual” by two Labour sources.
The private roundtable event came shortly after the US business conglomerate, majority owned by American businessman and politician Michael Bloomberg, made its first donation to Labour in seven years. The donation was made by a Bloomberg subsidiary called Bloomberg Trading Facility Limited.