""This Tech Prosperity Deal marks a generational step change in our relationship with the US, shaping the futures of millions of people on both sides of the Atlantic," he said in a statement. "By teaming-up with world-class companies from both the UK and US, we're laying the foundations for a future where together we are world leaders in the technology of tomorrow, creating highly skilled jobs, putting more money in people's pockets and ensuring this partnership benefits every corner of the United Kingdom.""
"Officials clearly worked out the trade pact far in advance of the announcement, which came within hours of President Trump arriving in the UK at the start of his second official state visit. The US president spent his first day hobnobbing with the royal family, leaving no time to chat with the UK Prime Minister about it."
"The headline-grabbing part of this deal is the cash investments by big tech companies and their suppliers. The deal is primarily about funding, although whether it's a product of deal making or just a coordination of investment strategy releases is up for question."
The United States and the United Kingdom agreed a $42 billion trade pact funded by Microsoft, Google, and other firms. The plan anticipates large data centres across Britain and combines infrastructure spending with technology-sharing agreements in AI, quantum computing, and nuclear research. Prime Minister Keir Starmer framed the pact as a generational step change that will create skilled jobs and spread benefits across the UK. The announcement coincided with President Trump's state visit and appears to have been pre-arranged by officials. The pact centres on corporate cash investments and represents significant new investment.
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