Starmer, Trump Seal £150 Billion Investment Pact at Chequers

Lead British Prime Minister Keir Starmer and U.S. President Donald Trump met at Chequers on September 18 to finalise a historic £150 billion investment package and discuss global security and trade.

Nut Graf The Chequers summit spotlights strengthened U.K.-U.S. ties, with commitments across technology, energy and life sciences aimed at boosting British jobs and innovation, even as both leaders navigate sensitive geopolitical issues and past controversies.

Technology and Investment Agreements Starmer and Trump heralded a £150 billion ($205 billion) inward investment plan spanning AI, quantum computing and nuclear energy, including £31 billion from Microsoft, Nvidia, Google and OpenAI to underpin Britain’s high-tech ambitions.

Job Creation and Economic Impact Downing Street estimates the new ventures will create 7,600 high-quality jobs nationwide, reinforcing Starmer’s pledge to revitalize the U.K. economy and demonstrating Trump’s leverage in attracting U.S. capital.

Geopolitical Tensions on Agenda At Chequers, Starmer urged Trump to adopt firmer sanctions against Russia over its invasion of Ukraine and pressed for a more balanced response on Israel’s Gaza campaign. Analysts warn these topics could spark “uncomfortable moments” during their talks.

Press Conference and Media Scrutiny A joint press briefing later put both leaders under pressure to address links to the late Jeffrey Epstein-Starmer recently dismissed Ambassador Peter Mandelson over Epstein ties, while Trump’s past association also faces renewed scrutiny.

Transatlantic Taskforce Launch Finance Minister Rachel Reeves and U.S. Trade Secretary Gina Raimondo unveiled a new Transatlantic Taskforce to strengthen financial services collaboration between London and New York, marking a strategic effort to align regulatory frameworks and market access.

Next Steps Following Chequers, Trump departs for Washington as Starmer prepares to leverage today’s deals to shore up domestic support and underscore Britain’s role as a global investment hub.