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Starmer’s £150bn Trump deal will see UK ‘asset stripped’ by US firms
['Willem Moore', 'Root', '--Ppa-Color-Scheme', '--Ppa-Color-Scheme-Active']
The Canary UK news
Keir Starmer’s Labour government is celebrating a £150bn investment deal with the US:Labour is backing British brilliance.
— The Labour Party (@UKLabour) September 18, 2025Not everyone is celebrating, however, with some describing the deal as a means for US companies to asset strip British wealth:Beautifully put.
As noted by openDemocracy, private equity firms like Blackstone are often referred to as ‘vulture capitalists’.
The £150bn deal will include US tech companies.
Those criticising the deal include Labour MP Clive Lewis:Nothing screams “Mandelson-brokered deal” like auctioning off our values to BlackRock & Palantir for £150bn and a handshake with Trump.
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