{"id":424805,"date":"2025-09-14T22:57:12","date_gmt":"2025-09-14T22:57:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/424805\/"},"modified":"2025-09-14T22:57:12","modified_gmt":"2025-09-14T22:57:12","slug":"uk-us-to-sign-multi-billion-dollar-tech-deal-during-trump-visit","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/424805\/","title":{"rendered":"UK & US to sign multi-billion-dollar tech deal during Trump visit"},"content":{"rendered":"

Investment<\/a>FinTech<\/a><\/p>\n

The UK is set to sign a multi-billion-dollar tech investment deal with the United States during President Donald Trump\u2019s state visit this week.<\/p>\n

Inward investment from US financial giants is to create 1,800 jobs across London, Edinburgh, Belfast and Manchester, according to the UK Government.<\/p>\n

Trump flies in for a second three-day state visit on Tuesday.<\/p>\n

More than \u00a31.25 billion in private sector commitments from leading US firms \u2014 including PayPal, Bank of America, Citi Bank and S&P Global \u2014 has been promised.<\/p>\n

Bank of America is set to create up to 1,000 new jobs in Belfast, marking its first-ever operation in Northern Ireland \u2014 a major milestone that underscores the region\u2019s growing role in global financial services.<\/p>\n

Citi Group is investing \u00a31.1bn across its UK operations, including a further commitment to growing its presence in Northern Ireland where the bank is already one of the top employers in Belfast now employing over 4,000 people.<\/p>\n

BlackRock is celebrating the opening of its new Edinburgh office this week, which will see an 800-strong footprint nearly double, as part of a multi-billion-dollar investment into the UK.<\/p>\n

In Manchester, S&P Global is investing over \u00a34 million into its Manchester offices, which will support 200 permanent jobs to boost its nearly 3,000-strong UK workforce.<\/p>\n

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Tech Nation reveals 25 companies joining latest Future Fifty<\/a><\/p>\n<\/blockquote>\n

Broadridge is making major investments into its new London office, while PayPal is announcing a \u00a3150m investment in product innovations and growth.<\/p>\n

Blackrock is expecting to allocate over \u00a37bn to the UK market next year on behalf of clients, and is investing \u00a3500m into enterprise data centres across the country.<\/p>\n

Rothesay is planning to double its investment in the US (by \u00a37bn) over the next few years, and OakNorth is committing to increased capital and lending of over \u00a33.5bn to support its US operations.<\/p>\n

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British banks are expanding their US footprint; Barclays alone has deployed over $2 trillion in capital across the US in 2024 and continues to play a pivotal role in strengthening UK-US investment ties. The bank has an ambition to double this amount over the next decade, expanding its footprint and supporting growth across sectors.<\/p>\n

Starling Group is investing over $100m over the coming years to unlock growth in its US operations, while digital banking rival Revolut is set to invest over $500m in the United States over the next 3-5 years and Wise is expanding its North American Hub in Austin.<\/p>\n

The Government says investment and capital commitments of over \u00a38bn will be coming to the UK, with over \u00a312bn going the other way.<\/p>\n

\u201cToday\u2019s announcements reinforce the UK\u2019s position as the world\u2019s leading investment destination. Our financial services sector is at the heart of a modern, dynamic Industrial Strategy,\u201d said Peter Kyle, who was recently moved from Technology Secretary to Business and Trade Secretary in a Cabinet reshuffle.<\/p>\n

\u201cStrengthening ties with the US boosts our economy, creates jobs, and secures our role in global finance, delivering on our Plan for Change.<\/p>\n

\u201cThese investments reflect the strength of our enduring \u2018golden corridor\u2019 with one of our closest trading partners, ahead of the US Presidential state visit.\u201d<\/p>\n

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\u2018Ego, pathetic, a mess\u2019: Alan Turing Institute slammed as CEO resigns<\/a><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"InvestmentFinTech The UK is set to sign a multi-billion-dollar tech investment deal with the United States during President…\n","protected":false},"author":2,"featured_media":424806,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[748,25554,393,4884,1144,712,16,15,1764],"class_list":{"0":"post-424805","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-britain","10":"tag-businesscloud","11":"tag-england","12":"tag-great-britain","13":"tag-northern-ireland","14":"tag-scotland","15":"tag-uk","16":"tag-united-kingdom","17":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115205127771645206","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/424805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=424805"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/424805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/424806"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=424805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=424805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=424805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}