BlackRock to announce $700M UK data center investment during Trump visit

BlackRock plans to announce a £500 million ($700 million) investment in UK data centers in partnership with Digital Gravity ￰0￱ announcement will coincide with Trump’s state visit to the UK next ￰1￱ collaboration will focus on acquiring and upgrading existing sites and expanding their capacities and ￰2￱ media reported, highlighting strong transatlantic economic ties between the two ￰3￱ deals are expected to be signed during the state visit as proof that Britain remains a leader for foreign ￰4￱ Fink to join Trump delegation as BlackRock plans £500M investment BlackRock manages over $12.5 trillion in assets and is preparing to open a new office in Edinburgh, employing around 1,300 staff ￰5￱ firm’s UK presence is critical in coordinating commitments in different sectors, ranging from technology and energy to nuclear power and financial ￰6￱ Fink, BlackRock’s CEO, is expected to join the delegations with Trump and other senior officials, including Nvidia’s Jensen Huang, Sam Altman of OpenAI, and Stephen Schwarzman of Blackstone.

Reportedly, some of the commitments to be pledged will be tied to Trump’s Stargate AI initiative introduced in ￰7￱ Stargate AI initiative will invest $500 billion over the next four years to build new AI infrastructure for OpenAI in the ￰8￱ initiative aimed to secure the ￰9￱ in AI, create over 100,000 jobs, and deliver economic and national security ￰10￱ far, the project has expanded to include countries worldwide and is backed by SoftBank, OpenAI, Oracle, and MGX as the initial ￰11￱ UK government will release its investment and job creation figures early next ￰12￱ Minister Sir Keir Starmer, Chancellor Rachel Reeves, and business adviser Varun Chandra have contributed significant efforts to deepen the relationships with leading global investors throughout the last year, as reflected by BlackRock’s decision to invest in the ￰13￱ faces political tensions ahead of Trump’s state visit The capital injection into the UK is expected to boost the economy, which is in the middle of a political and economic crisis following Lord Mandelson’s dismissal as ambassador to the ￰14￱ ongoing tariff ￰15￱ described his tenure as ambassador as a privilege of his ￰16￱ ambassador had been dismissed over revelations of his relationship with Jeffrey Epstein, a convicted ￰17￱ Roscoe replaced him in an interim capacity, while criticism and questions on the UK’s vetting process continue to ￰18￱ Trump administration imposed tariffs on UK goods, including a 10% baseline duty on most products and a 25% tariff on steel, aluminium, vehicles, and ￰19￱ reported last month that the tariffs have failed to slow down the country’s economy, as it continued to expand by 0.3% in the second quarter, outperforming most G7 cou ￰20￱ annual growth rate rose by 1.2%, while half-year performance matched a 2.2% annualised rate in Q1 and ￰21￱ to the report, the UK economy’s rebound was driven by growth in the computer programming sector, health, vehicle leasing, and scientific ￰22￱ and manufacturing also contributed a ￰23￱ country’s exports grew by 1.6% year on year, driven by the service industry, while imports grew by 1.4%.

Chancellor Rachel Reeves praised the results, saying they are proof of resilience, and pledged to continue investing in infrastructure and wage ￰24￱ GDP grew by 0.8% in Q2 and 5.3% year over ￰25￱ analysts warned that growth may slow in the second half as Trump’s trade war escalates and domestic demand ￰26￱ far, neither BlackRock nor the UK has responded after the revelation of the plan to invest $700 million in UK data ￰27￱ Difference Wire : the secret tool crypto projects use to get guaranteed media coverage