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UK, Japan set to agree $24 billion investment, tech partnerships

The agreements include a Japanese five-year investment pipeline of more than 9 billion pounds in infrastructure and financial services, alongside plans to unlock up to 9 billion pounds for UK offshore wind projects.

Reuters
London
Sun, June 14, 2026 Published on Jun. 14, 2026 Published on 2026-06-14T10:30:11+07:00

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Britain's Prime Minister Keir Starmer (left) and Japanese Prime Minister Sanae Takaichi take part in a joint press conference after their bilateral meeting at the Prime Minister's Office in Tokyo on January 31, 2026. Britain's Prime Minister Keir Starmer (left) and Japanese Prime Minister Sanae Takaichi take part in a joint press conference after their bilateral meeting at the Prime Minister's Office in Tokyo on January 31, 2026. (AFP/Carl Court)

B

ritain and Japan are set to agree investment and technology partnerships worth more than 18 billion pounds (US$24 billion), expected to create tens of thousands of jobs, as Prime Minister Keir Starmer meets his Japanese counterpart Sanae Takaichi on Sunday.

The agreements include a Japanese five-year investment pipeline of more than 9 billion pounds in infrastructure and financial services, alongside plans to unlock up to 9 billion pounds for UK offshore wind projects.

The offshore wind component is expected to support 5.9 gigawatts of capacity across projects in Scotland and the Celtic Sea.

The two countries will also launch a new technology partnership covering areas such as AI, semiconductors and quantum computing.

Separately, companies including Hitachi Energy, Rolls-Royce and Eisai are also expected to announce investments and collaborations spanning power grid expansion, nuclear technology and life sciences.

Other business and government agreements are expected to be signed during Takaichi's visit, which comes ahead of the June 15-17 G7 summit in France.

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