economy

UK and Japan set to agree investment deal worth £18bn

Keir Starmer says commercial and government agreements will create tens of thousands of jobs

UK and Japan set to agree investment deal worth £18bn

TL;DR

  • UK and Japan to agree on £18bn worth of investment.
  • Tens of thousands of jobs are expected to be created.
  • Over 10 commercial and government agreements are anticipated.
  • A £9bn offshore wind deal is part of the agreement.
  • Rolls-Royce will deepen collaboration with Japan's Atomic Energy Agency on next-generation technologies.
  • Discussions will also cover helping UK defence firms access Japanese investment.