Trump and Starmer Forge £150bn Investment Pact at Chequers

Key Talks

  • Bilateral meeting at Chequers estate
  • £150 billion in US investment commitments
  • Technology prosperity deal signed
  • Discussions on Ukraine and Gaza

Lead U.S. President Donald Trump met Prime Minister Keir Starmer at Chequers on Thursday, agreeing on a £150 billion investment package and a technology prosperity deal to deepen UK-US ties.

Nut Graf The Chequers talks marked the political climax of Trump’s second state visit, shifting focus from royal pageantry to tangible economic and strategic cooperation as both leaders seek to bolster growth, jobs, and joint security initiatives.

Investment and Technology Deal Trump and Starmer announced that major American firms would channel approximately £150 billion into British industries, the largest haul secured during a state visit. Key commitments include Blackstone’s £100 billion long-term investment and Prologis’s £3.9 billion pledge for life sciences and advanced manufacturing. Both leaders signed a technology prosperity agreement aimed at accelerating AI and digital infrastructure development in the UK.

Global Affairs on the Agenda Beyond economics, the two discussed Russia’s invasion of Ukraine and the humanitarian crisis in Gaza. Starmer urged Trump to support a firmer stance on Russia and to back measures addressing civilian suffering in the Middle East.

Press Conference and Public Reaction Following their meeting, Trump and Starmer held a joint press conference at Chequers, fielding questions on Jeffrey Epstein ties and bilateral trade tensions. Outside London and at Windsor, hundreds of protesters voiced opposition to the visit, accusing leaders of overlooking human rights concerns.

Transatlantic Taskforce and Next Steps Finance Minister Rachel Reeves is set to co-chair a new Transatlantic taskforce with U.S. Trade Secretary Gina Raimondo to harmonize financial regulation between the two nations. The group aims to solidify London and New York’s roles as global financial hubs.

Background Trump’s reception at Chequers followed a lavish day at Windsor Castle, where King Charles III hosted a military parade, flypast by the Red Arrows, and an ornate state banquet. Starmer’s choice of Chequers for the summit underscores his intent to blend tradition with pragmatic diplomacy.