Both leaders announced $340 billion investment deals between both countries in the areas of technology, nuclear power, and private equity.
LONDON—U.S. President Donald Trump on Thursday met with British Prime Minister Keir Starmer at Chequers, the prime minister’s country residence situated 30 miles northwest of central London, where they announced a new partnership worth 250 billion pounds ($340 billion) in technology, nuclear power, and private equity.
After spending a day at Windsor Castle marked by a royal spectacle and hospitality, Trump bid farewell to King Charles III this morning before heading to his meeting with the prime minister. He called Charles “a great king” and a “great gentleman.”
Trump and Starmer first held a bilateral meeting, followed by a business reception.
“The deals and investment that you’re announcing today break all records. What a day, 250 billion pounds flowing both ways across the Atlantic,” Starmer told American business leaders at Chequers, a 16th-century manor house near the village of Ellesborough in Buckinghamshire.
“It is the biggest investment package of its kind in British history by a country mile.”
Both leaders signed an accord called the “Tech Prosperity Deal.”
Trump touted the partnership, calling it a “historic agreement.”
“This will create new government, academic, and private sector cooperation in areas such as AI, which is taking over the world,” Trump said.
“This new accord is already helping spur a massive wave of private sector deals worth over $350 billion alone, headlined by $136 billion from Blackstone.”
Blackstone, the U.S. private equity giant, committed to invest 100 billion pounds ($136 billion) into UK assets over the next decade.
Starmer said U.S. companies, including Nvidia, OpenAI, Google, and Salesforce, also announced plans for AI investments in the UK.
Both leaders also talked about nuclear power partnership, hailing the deal between British company Centrica and American company X-energy to build up to 12 advanced modular reactors across the UK.
Trump said secure energy is essential for AI development and that this nuclear deal will enable both countries to “dominate the future of artificial intelligence.”
Trump is set to return to Washington tonight after wrapping up his meetings and holding a joint press conference at Chequers.
By Emel Akan
