UK secures £150 billion US investment package

The UK Government announced the securing of £150 billion of new inward investment commitments from US companies during the US President’s State Visit.

• Main announcement: £150 billion total inward investment package including £90 billion pledge from Blackstone (additional to a prior £10bn datacenter commitment), £3.9 billion from Prologis for Cambridge Biomedical Campus and Daventry upgrades, £150 million from Amentum (creating over 3,000 jobs over the next four years), up to £1.5 billion from Palantir (creating up to 350 jobs), £1.5 billion from CoreWeave for AI data center capacity, $30 billion (£22 billion) from Microsoft for AI infrastructure, Google £5 billion data-center investment, and nuclear and small modular reactor commitments (X-Energy/Centrica up to 12 AMRs targeting a 6GW fleet; Last Energy/DP World backed by £80 million private investment). The announcements include ~7,600 new UK jobs (1,000 in Belfast; ~6,000 across Glasgow, Warrington, Midlands, North-East) and specific regional projects in Northamptonshire, Cambridgeshire, West Cumbria, Humber, Suffolk, Bristol, and Birmingham.
• Background and additional details: reciprocal UK→US commitments include GSK $30 billion in US R&D and manufacturing over five years (including $1.2 billion in new facilities and AI), BP >$5 billion p.a. in the US for five years, OakNorth >$5 billion into the US over three years, and UK Central Government procurement plans of around £60 billion from US companies over five years (part of a wider commercial package of around £280 billion when UK-to-US commitments are included).

Event: Tomorrow [Thursday], at Chequers — UK and US investors will meet the Prime Minister and the US President to discuss deepening economic ties and unlocking further collaboration (agenda: investor discussions on cross-Atlantic investment and implementation of announced commitments).