US EditionUS financial firms pledge $1.7 billion to UK ahead of Trump's visit
US firms including BlackRock and Bank of America pledge over £1.25bn in UK financial sector investments, creating 1,800 jobs and enhancing transatlantic trade ahead of President Trump's visit.
- The UK government announced over £1.25 billion new investments from major US financial firms ahead of President Trump's state visit.
- This surge follows a landmark UK-US trade deal that reduced tariffs and aims to strengthen the 'golden corridor' with one of the UK’s closest partners.
- Key investors include Citi Group committing £1.1 billion, BlackRock planning £7 billion with a doubling of its Edinburgh workforce, and S&P Global investing £4 million creating 200 jobs in Manchester.
- Peter Kyle, the Business and Trade Secretary, highlighted that the investment deals underscore the robustness of the longstanding "golden corridor" between the UK and one of its key trading partners. Meanwhile, Chancellor Rachel Reeves emphasized that these commitments highlight the significant opportunities within the UK economy and reflect the strong ties between the UK and the United States.
- The investments are projected to support the creation of approximately 1,800 new employment opportunities in key cities including London, Edinburgh, Belfast, and Manchester, indicating notable expansion in the UK’s financial industry and overall economy.
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18 Articles
The UK government has announced that more than £1.25 billion in private US investment has been secured in the UK financial sector, just ahead of US President Donald Trump's second state visit.
US financial firms pledge US$1.7bil to UK ahead of Trump's visit
LONDON: The British government on Saturday announced over 1.25 billion pounds (US$1.69 billion) in fresh investment from major US financial firms, including PayPal , Bank of America, Citigroup and S&P Global, ahead of a state visit by President Donald Trump.
Sky News UK
khbrknewsUS financial firms pledge £1.25bn to UK ahead of Trump's visit
Over £1.25bn in US investment has been pledged to the UK financial services sector ahead of Donald Trump's second state visit, promising thousands of new jobs and stronger trade ties.
Major U.S. Investments Boost UK Economy Ahead of Trump's Visit
Major U.S. Investments Boost UK Economy Ahead of Trump's Visit In a significant economic development, the British government revealed over £1.25 billion in fresh investments from major U.S. financial firms ahead of President Donald Trump's state visit. Key players like PayPal, Bank of America, Citigroup, and S&P Global are part of this investment initiative.The funds are expected to generate 1,800 jobs across London, Edinburgh, Belfast, and Manc…
US financial firms pledge $1.7 billion to UK ahead of Trump's visit
The British government on Saturday announced over 1.25 billion pounds ($1.69 billion) in fresh investment from major U.S. financial firms, including PayPal , Bank of America , Citigroup and S&P Global , ahead of a state visit by President Donald Trump.
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