'Japan investing in UK'
The Herald|May 19, 2023
JAPANESE businesses are committing to invest nearly £18bn in the UK, Rishi Sunak has announced as he meets the bosses of major firms in Tokyo.
'Japan investing in UK'

The Prime Minister said the pledges are a “massive vote of confidence” in the British economy after he painted an optimistic outlook for the national finances. But Mr Sunak has ordered talks with the EU about automotive concerns following warnings of an “existential threat” posed by a looming Brexit trade deal deadline.

Mr Sunak set out the investments as he prepared to host a reception of business chiefs in the Japanese capital yesterday, seeking to foster closer ties.

He was expecting to meet bosses of Nissan, Toshiba and Mitsubishi Estate, as well as representatives from UK firms Octopus Energy and Mott MacDonald.

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