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Labour in ‘cash for access’ scandal over meetings with £150k donor

Labour top brass including Keir Starmer gave Bloomberg ‘exclusive’ look at party's financial plan at private meeting

Labour in ‘cash for access’ scandal over meetings with £150k donor
Keir Starmer and Rachel Reeves have engaged heavily with the financial services industry | Dan Kitwood/Getty Images
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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.