£150bn US tech deal signed as Trump hails unbreakable UK bond

upday.com 9 godzin temu
Prime Minister Sir Keir Starmer and US President Donald Trump during a bilateral meeting at Chequers (PA) Ian Vogler/Daily Mirror

Donald Trump hailed an "unbreakable bond" between the US and the UK during his meeting with Sir Keir Starmer (Labour) at Chequers. The Prime Minister described it as "a great day for the special relationship" as the two leaders held talks at the country retreat alongside business chiefs.

Sir Keir emphasised that the UK-US relationship represents "the very foundation of our security, our freedom and our prosperity". The leaders signed a technology prosperity deal that promises major investment from US tech firms to develop Britain's artificial intelligence capabilities.

Major investment announcement

The Prime Minister welcomed the prospect of around £150 billion flowing into the UK from major US companies including Blackstone and Palantir. Trump described the transatlantic ties as "priceless" and declared: "I think it's an unbreakable bond we have."

The US President said: "This agreement will also help America and our British allies dominate the future of artificial intelligence." He emphasised that the US is "leading China and the world by a lot" on AI development.

Nuclear cooperation plans

Both countries agreed on closer collaboration in nuclear power development. Trump highlighted that AI data centres "need a lot of electricity", pointing to the energy requirements of advanced technology infrastructure.

Sir Keir positioned the UK as a global technology leader, stating: "The UK is one of the world's largest economies, maybe not quite on the scale of the United States, I concede, but my word, we punch above our weight, and we lead the world in expertise on quantum, on AI, life sciences, financial services and more." He added: "We have the only trillion-dollar tech sector in the West, outside of the US, again, I caveat."

The Prime Minister described the agreement as "a celebration of what has gone before, of course, but more than that, a moment to deliver investments, jobs and deals which will improve people's lives now and light up the special relationship for years to come". The deal was signed during Trump's second state visit to the UK.

Sources used: "PA Media" Note: This article has been edited with the help of Artificial Intelligence.

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