Prime minister Keir Starmer broke the news of the project during an appearance in New York today, where he is on visit to promote the UK as a good place for overseas investors to fund projects. "The number one mission of my government is to grow our economy, so that hard-working British people reap the benefits - and more foreign investment is a crucial part of that plan," he said.
Jon Gray, president and chief operating officer of Blackstone, said the UK is a "top investment market" for the firm. "We are making significant commitments to building social housing, facilitating the energy transition, growing life sciences companies and developing critical infrastructure needed to fuel the digital economy, including a projected £10bn investment to build one of Europe's largest hyperscale datacentres supporting 4,000 jobs. Blackstone is committed to Britain."
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