Overview
- UK officials say the private pledges are expected to create about 1,800 jobs across Belfast, Manchester, Edinburgh and London.
- Citigroup will invest £1.1bn across its UK operations, Bank of America will open its first Northern Ireland base with up to 1,000 Belfast roles, S&P Global will invest £4m for around 200 Manchester jobs, and PayPal plans £150m for product growth.
- The Department for Business and Trade links the announcements to roughly £20bn in bilateral trade commitments, with about £8bn to the UK and £12bn to the US, including an expected £7bn UK allocation by BlackRock.
- The British Embassy in Washington signaled a forthcoming technology cooperation agreement, while reports suggest OpenAI and Nvidia intend to unveil multi‑billion UK data‑centre investments during the visit.
- Tariffs on British steel exports to the US remain at 25% as MPs urge ministers to secure relief during state‑visit diplomacy.