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The record-breaking total figure more than doubles the £ 29.5 billion committed at last year ’ s Global Investment Summit and spans partnerships across the infrastructure and tech sectors , including over a billion pounds in new investments announced by DP World ,

GLOBAL INVESTORS SHOULD BE IN NO DOUBT THAT UNDER THIS NEW GOVERNMENT BRITAIN IS TRULY THE BEST PLACE TO DO BUSINESS .

Associated British Ports ( ABP ) and Imperial College London .

Through serious , stable governance , the UK is attracting tens of billions of pounds of new investment which is crucial to the government ’ s driving mission of delivering economic growth .

The investments follow immediate action taken by the new government to reform planning , focus on AI and data centre expansion and set a clear commitment to net zero by almost doubling the funding for renewable energy projects .

Four major tech firms based in the US have announced £ 6.3 billion in UK data centres which is critical to enhancing the UK ’ s AI capacity – in turn fuelling Britain ’ s economic growth and spurring on AI development . Data centres store the vast amount of information and data needed to power AI and store the information generated by AI to keep the systems running .

ABP , one of the UK ’ s largest port operator , has committed over £ 200 million to a joint investment with ferry company , Stena Line , in a new freight ferry terminal at the Port of Immingham , significantly boosting the capacity and resilience of UK trade with Europe . It is expected to create around 700 jobs during construction and around 200 permanent jobs once operational .

Leading UK university Imperial College London has also announced a £ 150 million investment to secure a new R & D campus to add to its rapidly expanding DeepTech ecosystem in West London . The new campus will expand scale-up capacity in the WestTech Corridor , supporting the UK ’ s innovation sector and driving investment , economic growth and job creation .

Business and Trade Secretary , Jonathan Reynolds , said : “ Global investors should be in no doubt that under this new government Britain is truly the best place to do business . The record-breaking investment total secured at the summit marks a major vote of confidence in the UK and our stability dividend across industry and innovation .

“ We ’ re determined to deliver economic growth in every part of the UK and these investments , together with our forthcoming Industrial Strategy , will give global businesses the certainty they need as we lead the charge for the innovation and jobs of the future .”

Chancellor of the Exchequer , Rachel Reeves , said : “ After the investments secured as part of this summit , my optimism for Britain burns brighter than ever . It ’ s a sign of the confidence in the British economy . And it matters because it will support the growth of businesses big and small across the UK , helping them create new jobs and making people better off .” x

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