Displaying items by tag: US investment
Trump meets Starmer as £150bn US investment is announced
Donald Trump has met Keir Starmer at Chequers during his second state visit to the UK, following the announcement of £150 billion in American investment. The funds, pledged by major firms including Blackstone, Prologis, and Palantir, are expected to create around 7,600 jobs across Britain. The leaders are set to sign a 'technology prosperity deal' to boost UK artificial intelligence development, while also discussing trade, investment, and foreign policy. The talks come after a Windsor Castle state banquet, where both Trump and the King hailed the 'special relationship' between the UK and US. While Starmer hopes to spotlight renewed transatlantic ties and economic opportunity, both governments face awkward questions, including ongoing controversies linked to Jeffrey Epstein and differing positions on Israel. Chancellor Rachel Reeves will also host a Downing Street reception for US and UK business leaders to showcase deeper cooperation. The visit marks a significant moment for strengthening economic and diplomatic bonds between the two nations.