Overview

• Citi confirms £1.1bn for its UK operations, PayPal commits £150m, S&P Global invests £4m with 200 jobs in Manchester, and Bank of America plans up to 1,000 jobs in Belfast in its first Northern Ireland operation.
• The Department for Business and Trade counts roughly £20bn in two-way commitments, with more than £8bn to the UK and over £12bn to the US, including BlackRock’s planned £7bn UK allocation and Rothesay’s £7bn for the US.
• The UK government says the new US investments in financial services are expected to create about 1,800 jobs and deliver benefits for millions of customers.
• OpenAI and Nvidia are reported to be preparing multi‑billion‑pound UK data‑centre announcements during the visit, with their CEOs understood to join the delegation, though these plans are not confirmed.
• MPs on the Business and Trade Committee urge the government to push for US relief on British steel, with the 25% tariff unresolved since the June deal.