Breaking News
Get 40% Off 0
Is NVDA a 🟢 buy or 🔴 sell? Unlock Now

Rishi Sunak unveils £18bn of investment from Japan into the UK

Published May 18, 2023 13:19
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters Rishi Sunak unveils £18bn of investment from Japan into the UK
 
7201
+0.58%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
8801
+1.93%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
8802
+2.74%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
6502
0.00%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
8002
+2.15%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
8058
+3.04%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Proactive Investors - UK Prime Minister Rishi Sunak has unveiled investment from Japanese firms in the UK worth up to £17.7bn.

Hosting a business reception attended by bosses of companies including Nissan (TYO:7201), Toshiba (TYO:6502) and Mitsubishi (TYO:8058), Sunak hailed “a massive vote of confidence in the UK’s dynamic economy from some of Japan’s top firms”.

Japan is already the fifth largest investor in the UK, with investments worth £92bn.

Among the new investment is funding for offshore wind, low carbon hydrogen and other clean energy projects from Marubeni (TYO:8002), a trading conglomerate. The projects will include offshore wind in Scotland and hydrogen energy projects in Wales.

Mitsubishi Estate (TYO:8802) and Mitsui Fudosan (TYO:8801), two of the largest real estate companies in Japan, are also confirming plans to invest £3.5bn in the UK, building offices, housing and life sciences laboratories.

The PM is in Japan for his first G7 summit of world leaders at which he is expected to announce a new defence partnership with the country.

Read more on Proactive Investors UK

Disclaimer

Rishi Sunak unveils £18bn of investment from Japan into the UK
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Matt Hester
Matt Hester May 18, 2023 15:48
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Love Japan, very polite respectful people, clean streets, hard working. Unlike UK
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email