Labour backers in the City gunning for Tories

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Meet the “fifth columnists” of high finance in the heart of the City.

Here, a director of Blackstone, the private equity firm that is a cornerstone of American capitalism, alongside a senior figure at UK Finance, the trade body for the Square Mile.

There, a specialist in alternative investments in a huddle with a spokesperson for Nationwide, the last of the great building societies.

They are bound by one thing: they want to get Sir Keir Starmer and Rachel Reeves into Downing Street. They are the people that call themselves Labour in the City.

Around the corner from Austin Friars, a hotbed for furtive meetings of clandestine sects over the centuries, Labour in the City met last week to throw around some thoughts about

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