A record-breaking £150bn package of US investment into the UK has been unveiled during President Donald Trump’s state visit, with ministers hailing it as the largest commercial deal of its kind.
The government says the deal could create more than 7,600 “high-quality jobs” nationwide – including many across the North. Officials confirmed that of the total, around 6,000 new roles are expected to be spread between Glasgow, Warrington, the Midlands and the north-east.
Prime Minister Sir Keir Starmer said the investments “are a testament to Britain’s economic strength and a bold signal that our country is open, ambitious, and ready to lead”.
“Jobs, growth and opportunity is what I promised for working people, and it’s exactly what this state visit is delivering,” he added.
The investment headline is dominated by Blackstone – the world’s largest alternative asset manager – which has pledged £90bn for the UK over the next decade. That comes on top of the £10bn it has already earmarked for data centre development.
Other announcements include:
- Prologis: £3.9bn for life sciences and advanced manufacturing.
- Palantir: up to £1.5bn in defence innovation, creating 350 jobs.
- Amentum: more than 3,000 new roles, expanding its UK workforce by 50%.
- Boeing: conversion of two 737 aircraft in Birmingham for the US Air Force – the first such project in the UK for 50 years – with 150 skilled jobs attached.
- STAX: up to £38m to expand operations.
Earlier this week, Microsoft committed £22bn to the UK over the next four years, while Google pledged £5bn to expand an existing Hertfordshire data centre.
Business and Trade Secretary Peter Kyle said: “These record-breaking investments will create thousands of high-quality jobs across the UK.”
While the exact breakdown of Northern jobs is not yet clear, the government insists the investment will reach beyond the South East. That will be closely watched in the North, where ministers are under pressure to show their commitment to “levelling up” through advanced manufacturing, clean energy and digital innovation.
The announcement comes ahead of Thursday’s signing of the Tech Prosperity Deal, a US–UK agreement designed to accelerate nuclear power development.
