US Financial Firms Pledge $1.7 Billion UK Investment, 1,800 Jobs Ahead Trump Visit

Ahead of President Donald Trump's upcoming state visit to Britain, several major U.S. financial firms have pledged significant investments totaling around £1.25 billion in the UK, aiming to boost jobs and strengthen transatlantic trade ties. Bank of America will open its first operation in Northern Ireland, creating up to 1,000 jobs in Belfast, while Citigroup plans to invest £1.1 billion across its UK operations. Other notable commitments include PayPal's £150 million investment in growth and innovation, and S&P Global's £4 million expansion in Manchester. These investments are part of a broader move to enhance the 'golden corridor' of trade between the U.S. and UK, with a total of £20 billion in trade lined up between the two countries. Additionally, tech giants like OpenAI and Nvidia are expected to announce multi-billion-dollar investments in UK data centers during the visit. The state visit will also address ongoing trade issues, including unresolved tariffs on British steel imports to the U.S.