U.S. companies will be investing 150 billion pounds, the equivalent of over $200 billion, in the U.K. as part of a landmark package announced this week.
“I promised that my government would deliver jobs, growth and opportunity for working people. Today we have secured a historic £150bn of investment commitments from US companies into the UK. Creating 7,600 high quality jobs and driving growth across the country,” Starmer said in a social media post Thursday morning before he welcomed President Trump to his country house, Chequers.
The deal includes the equivalent of over $136 billion in investment in the U.K. from Blackstone over the next decade, according to the British government. It also includes investments from Prologis, Palantir, Amentum, Boeing and STAX.
“It marks the largest commercial package ever secured during a State Visit, underscoring the power of the UK-US economic partnership,” the U.K. government said in a statement. The investment announced by the British government comes alongside the Tech Prosperity Deal, which is expected to be signed Thursday by Mr. Trump and Starmer at Chequers.
British firms will also be investing in the U.S., the U.K. government said, among them GSK, Urenco, BP, Sage, OakNorth, Rothesay and Revolut.
The U.K. government said major U.S. and U.K. investors were due to meet with Mr. Trump and Starmer at Chequers on Thursday, to “discuss how both countries can go further to deepen economic ties and unlock new opportunities for collaboration.”