Blackstone Confirms $13 Billion AI Data Centre Investment in Northeast England

The project, set to create 4,000 jobs, marks a significant foreign investment under Prime Minister Keir Starmer's leadership.

Blackstone's $13 billion (10 billion pounds) investment will establish one of Europe's largest AI data centres in Blyth, Northumberland.
Construction of the data centre is expected to begin next year, creating 4,000 jobs, including 1,200 for the construction phase.
The site was previously earmarked for a battery factory by Britishvolt, which collapsed last year.
Blackstone will also invest 110 million pounds in a local fund for skills training and transportation infrastructure in Blyth.
Prime Minister Keir Starmer, promoting the UK as 'open for business,' announced the investment during his visit to New York.