UK Secures Record £150 Billion in US Investment During Trump State Visit

Trump’s visit reportedly marks the largest investment package associated with a state visit, surpassing previous records set by Chinese and Korean state visits in 2015 and 2023, respectively.

1 min read
President Trump inspected the guard of honour at Windsor Castle with the King

The United Kingdom has secured a record £150 billion in inward investment from American companies as part of U.S. President Donald Trump’s state visit, Times UK reports.

Leading the commitments, investment group Blackstone pledged an additional £90 billion for UK projects, building on a previous £10 billion announcement for data centre development. Data analytics firm Palantir, co-founded by billionaire Peter Thiel, will invest up to £1.5 billion, creating 350 jobs.

Other significant investments include a £3.9 billion commitment from Prologis to strengthen its presence at Cambridge Biomedical Campus and upgrade the Daventry International Rail Freight Terminal. Government and commercial services contractor Amentum plans to expand its UK workforce by more than 50 percent, investing £150 million and creating over 3,000 jobs across locations from Glasgow to Warrington and the Midlands.

Trump’s visit reportedly marks the largest investment package associated with a state visit, surpassing previous records set by Chinese and Korean state visits in 2015 and 2023, respectively.

The tech sector also contributed major pledges. Microsoft announced its largest-ever UK commitment, investing £22 billion in AI infrastructure, including the country’s largest supercomputer in partnership with British AI provider Nscale. Nvidia is investing £500 million in Nscale, while Google will open a new £5 billion data centre in Waltham Cross, Hertfordshire. AI cloud computing firm CoreWeave plans a £1.5 billion investment in data centre capacity, bringing its total UK investment over the past year to £2.5 billion.

In total, the deals are expected to create more than 7,600 high-quality jobs, with many located in the northeast of England and the Midlands. UK Prime Minister Sir Keir Starmer called the investments “a bold signal that our country is open, ambitious, and ready to lead.” Business and Trade Secretary Peter Kyle added that the record-breaking commitments will span sectors from clean energy to advanced manufacturing.

The state visit also saw British companies make investment pledges to the U.S., including GSK’s £22 billion commitment for R&D and manufacturing, BP’s £3.6 billion annual investment plan, and Sage’s £1.6 billion operational spending over three years. The UK government announced plans to increase annual spending with U.S. companies from £10 billion to £12 billion over the next five years, primarily targeting tech and defense sectors.

Sri Lanka Guardian

The Sri Lanka Guardian is an online web portal founded in August 2007 by a group of concerned Sri Lankan citizens including journalists, activists, academics and retired civil servants. We are independent and non-profit. Email: editor@slguardian.org

Leave a Reply

Your email address will not be published.

Latest from Blog