Audio By Carbonatix
U.S. President Donald Trump's state visit to Britain has generated 150 billion pounds ($204.87 billion) of inward investment, the British government said on Wednesday, citing its own data, which compiled new and previously announced pledges.
The figure, which Britain said was the largest commercial investment package generated by any state visit, was announced after Trump's day of royal pageantry and ahead of the political leg of the visit, when he will meet Prime Minister Keir Starmer.
The total includes a previously reported 100 billion pound long-term investment pledge from private equity firm Blackstone, and 3.9 billion pounds from Prologis in life sciences and advanced manufacturing.
With British public opinion split over the decision to roll out the red carpet for Trump and host him for an unprecedented second state visit, the government is keen to promote its potential economic gains.
Starmer, facing intense scrutiny of his leadership after a series of political missteps, won power last July on a pledge to revive Britain's stagnant economy and improve living standards for millions of Britons. The government said the new investment would create some 7,600 new jobs.
The government also set out a series of investments flowing in the opposite direction, highlighting a $30 billion research and development investment in the United States by drugmaker GSK.
Latest Stories
-
President Mahama is not sincere with Ghanaians on LGBTQ bill matter – Hassan Tampuli
8 minutes -
Gov’t to establish Prison Industrial Hub to equip inmates with income-generating skills – Prison Service boss
27 minutes -
Alhassan Tampuli donates cement, roofing sheets to support storm victims in Gushegu
27 minutes -
Alhassan Tampuli appeals for urgent support for storm victims in Gushegu
30 minutes -
The hypocrisy must stop; pass Anti-LGBTQ+ Bill now – Alhassan Tampuli to Mahama
34 minutes -
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
56 minutes -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
1 hour -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
1 hour -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
1 hour -
Nigeria convicts 386 Islamist militants in mass trials
1 hour -
Djibouti president wins election with 97.8% of vote, state media says
2 hours -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
2 hours -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
2 hours -
Christina Koch becomes first woman to travel around the moon on Artemis II
2 hours -
Epstein survivors’ calls to meet King Charles and Queen harder to ignore as US visit approaches
2 hours