Ministers have hailed £1.25bn of US investments in the British financial services sector as evidence of the UK’s global appeal for business, ahead of US President Donald Trump’s state visit this week.
UK Prime Minister Sir Keir Starmer will use Trump’s three-day visit, starting on Tuesday, to try to regain the political initiative and shrug off the scandals and gloom that have engulfed his government.
While Trump’s impending visit previously caused apprehension in London owing to the president’s chaotic style and criticism of Britain on issues such as free speech and wind power, it is now being seen by Starmer as something of a lifeline.