UK secures record £150 billion US investment, Starmer says

British Prime Minister Keir Starmer announced on September 19 that the UK has secured a record-breaking £150 billion in investment from the United States. 

The Prime Minister said the deal is expected to boost jobs and drive economic growth across the country, describing it as a major step in delivering for working people, Caliber.Az reports via Stamer’s post on X. 

This week has been about delivering for the British people.

We have secured a record-breaking £150 billion in investment to the UK.

Our UK-US deal is boosting jobs and driving growth across the country.

We are making change happen for working people.

— Keir Starmer (@Keir_Starmer) September 19, 2025

“We are making change happen for working people,” he wrote. 

The announcement comes with the signing of the "Tech Prosperity Deal" between Prime Minister Keir Starmer and US President Donald Trump, under which companies such as Microsoft and Google pledged billions in new UK investments.

Of the total investment, £90 billion will come from US private equity firm Blackstone over the next decade, although how the funds will be allocated across the UK has yet to be detailed. 

Microsoft plans to invest £22 billion over four years, while Google will spend £5 billion over two years to expand its data centre in Hertfordshire. The technology agreement also covers collaboration in artificial intelligence (AI), quantum computing, and nuclear power.

The government projects the investments will create 7,600 jobs, providing a potential boost to the economy. However, recent data from the Office for National Statistics shows that UK payrolls fell by an estimated 127,000 over the year to August, and vacancies dropped 14% compared with the same period in 2024.

Some sectors have faced setbacks amid the investment push. A proposed deal to cut steel tariffs has been shelved, and major pharmaceutical companies, including Merck and AstraZeneca, have paused or redirected planned UK investments. AstraZeneca halted a £200 million research project in Cambridge, originally expected to create 1,000 jobs, citing challenges in the UK business environment.

By Sabina Mammadli