BlackRock CEO Larry Fink backs Britain amid 'more confidence in the UK economy' - reports

UK is 'undervalued'

Larry Fink, CEO of US asset management giant BlackRock, has thrown his support behind the UK government’s attempts to boost British growth.

In an interview with The Times, Fink revealed that BlackRock has "allocated more capital back to the UK tactically now, with the belief that in the short run, the new administration is trying to tackle some of the hard issues".  Fink's comments will come as a boost to the Labour government, which saw the country's growth prospects slashed earlier this week from 1.6% to 1.1% by the International Monetary Fund.  BlackRock's Larry Fink goes bullish on Europe ahead of US 'Liberation Day' "I think the prime minister is articulating the needs of what we have to do," the CEO continued, ad...