Keir Starmer meets BlackRock CEO Larry Fink to discuss UK growth and regulations

Keir Starmer met with BlackRock CEO Larry Fink and other executives at Downing Street to discuss UK business growth and regulatory issues. This meeting follows a recent tax-raising Budget that has strained relations with corporate leaders. During the talks, BlackRock executives raised concerns about regulatory delays and competitiveness for global companies in the UK. Starmer outlined plans to streamline regulatory processes and establish a new Treasury unit to coordinate these efforts. This meeting coincides with BlackRock's board meetings in London, marking their first in a decade. Fink expressed pride in BlackRock's UK presence, which includes nearly 4,000 employees and significant management of UK pension funds.