Posted 11/27/2023, 8:48:45 AM
Sunak Secures £29.5 Billion in Foreign Investments Ahead of UK Summit
- Prime Minister Rishi Sunak announced £29.5 billion ($36.8 billion) of private sector investments in UK projects ahead of a foreign direct investment (FDI) summit
- Investments include £10 billion from IFM Investors and £5 billion from Aware Super into infrastructure, energy, and housing
- Spanish company Iberdrola adding £7 billion into UK electricity networks
- Microsoft investing £2.5 billion into UK artificial intelligence infrastructure
- Sunak seeking to make UK most attractive European destination for foreign direct investment again after losing ground to France and Germany recently