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UK PM SUNAK UNVEILS £29.5B OF INVEST AT HISTORIC GLOBAL INVESTMENT SUMMIT
The Business Guardian
|November 28, 2023
Thousands of jobs will be created across UK in our most innovative sectors, including tech, life sciences, renewables, housing and infrastructure
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Prime Minister Rishi Sunak has revealed a substantial injection of 29.5 billion pounds in fresh private-sector investments across diverse industries in the UK. The announcement was made during the Global Investment Summit held at Hampton Court Palace in London, as per an official statement from the British government.
Distinguished CEOs and investors from around the world convened on Monday to endorse burgeoning and innovative sectors within the UK. These secured investments are earmarked for projects in technology, life sciences, infrastructure, housing, and renewable energy.
According to information released by Sunak’s 10 Downing Street, the newly acquired investments have already led to the creation of over 12,000 jobs. This development follows the government’s initiation of a 4.5 billion pound Advanced Manufacturing Plan, a 2 billion pound commitment from Nissan for job security in Sunderland (North-East England), and the establishment of a new Investment Zone in the North East generating 4,000 jobs.
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