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£150 Billion- that will make a significant uplift to our economy

(94 Posts)
Whitewavemark2 Fri 19-Sept-25 08:17:13

The UK has secured a historic £150 billion of inward investment from US companies, newly announced this week as part of the US President’s State Visit, delivering real change for people across the country.

These deals will create more than 7,600 high-quality jobs, revitalise communities, and accelerate growth in sectors of the future.

These 7,600 jobs will be in all areas of the United Kingdom: 1,000 new jobs in Belfast and 6,000 more roles from Glasgow to Warrington, the Midlands and the North-East. This investment surge will deliver real opportunities for working people — from apprenticeships in clean energy to careers in biotech and AI.

Excellent news for a change.

GrannyGravy13 Fri 19-Sept-25 13:15:50

On the subject of information/data, I hope someone is on the ball regarding cyber security…

growstuff Fri 19-Sept-25 13:19:44

Sago

Investment in areas that need it most is crucial but not possible due to the amount being spent on illegal immigrants.

It’s me feeding the neighbours children whilst mine starve.

It has to stop.

Please could you explain that in plain Noddy English because it honestly doesn't make sense.

FriedGreenTomatoes2 Fri 19-Sept-25 13:23:30

The tech guys said the amount of electricity they will need would be equal to that needed by 3 million UK homes.
Just wow.
I hope Ed Milliband has his calculator and slide rule to hand….

growstuff Fri 19-Sept-25 13:28:53

GrannyGravy13

MaizieD I was beginning to think I was over thinking this.

I imagine the enticement/incentive to be tax related.

Like you I do not think there will be millions of tax £££ going to HMRC

Beware GG13 You'll be accuse of being one of those 'can't please people' (and I know you're not).

growstuff Fri 19-Sept-25 13:31:06

FriedGreenTomatoes2

The tech guys said the amount of electricity they will need would be equal to that needed by 3 million UK homes.
Just wow.
I hope Ed Milliband has his calculator and slide rule to hand….

He'll need more than that - something to attack NIMBYs would be handy, so that he can build more solar and wind farms.

GrannyGravy13 Fri 19-Sept-25 13:38:20

growstuff 😹😹😹

I just do not think this Government and Chancellor, like all that have been and gone before them, of all colours, have the cajunas to tax the big boys.

This investment is definitely by big boys

I appreciate that those employed on PAYE will pay their dues, but I doubt if any of the companies will be registered here in the UK for corporation tax or the high earners for dividends etc.

Let’s just hope the employees spend a lot into our economy.

FriedGreenTomatoes2 Fri 19-Sept-25 13:41:44

AI requires a lot of reliable power.
If EM continues on his march to disaster, this will not happen.

These tech companies will have learnt from the car industry mistake of making carts before getting horses.

FriedGreenTomatoes2 Fri 19-Sept-25 13:43:53

Oh come on growstuff ... Wind and solar are never going to meet future demand. Nuclear is the only option, once you rule out gas.

FriedGreenTomatoes2 Fri 19-Sept-25 13:49:17

I'm all for clean energy and decoupling from hydrocarbons before they become too expensive, but the answer is nuclear and has been ever since the world's first commercial nuclear reactor opened at Calder Hall in 1956.

That's in Britain, for those of you who haven't heard of the place.

What's funny about this argument is that we never hear the end of the pace of development in renewable energy, but the truth is that the potential of nuclear power has developed much, much faster than renewables in recent years and we stand on the brink of a rollout that might really start to displace hydrocarbons in terms of global energy production.

M0nica Fri 19-Sept-25 13:59:09

Its a it like farming business out to economies overseas where wages are lower, Easy come - and easy go when market conditions change.

LizzieDrip Fri 19-Sept-25 14:08:06

FriedGreenTomatoes2

Oh come on growstuff ... Wind and solar are never going to meet future demand. Nuclear is the only option, once you rule out gas.

From my post earlier tiday:

As was mentioned by the PM yesterday, power will come from more small modular nuclear reactors. These are already being built by the British company Rolls Royce, who have set up a new arm of the company specifically for the job

25Avalon Fri 19-Sept-25 14:09:54

See it was good putting on that pomp and pageantry for Trump.

FriedGreenTomatoes2 Fri 19-Sept-25 14:23:01

Oh that’s good to hear LizzieDrip thank you! ✔️
Sense at last.

LizzieDrip Fri 19-Sept-25 14:32:08

From AI:

“Rolls-Royce SMR has been selected by the UK government to build the country's first Small Modular Reactors (SMRs), with construction of the first units expected to begin later this year and target grid connection in the mid-2030s.

These factory-built reactors will provide low-carbon energy, support the national energy supply, and create thousands of skilled jobs. The technology is already undergoing regulatory assessment, with the first designs aiming for final approval and deployment in the near future.

Rolls-Royce SMR was chosen in June 2025 as the preferred bidder to partner with Great British Energy – Nuclear to deliver the UK's next generation of nuclear power stations.”

✔️✔️✔️

GrannyGravy13 Fri 19-Sept-25 14:39:57

These modular reactors are expected to provide power (25GW) to the national grid by the mid 2030’s

No sites have yet been approved or determined.

FriedGreenTomatoes2 Fri 19-Sept-25 14:45:53

Oh heck ….

LizzieDrip Fri 19-Sept-25 14:53:59

Of course, if more small modular reactors had been built by the Conservative government during their 14 years in power, we’d be sorted now.

The Labour government has to start somewhere.

GrannyGravy13 Fri 19-Sept-25 15:01:37

Sizewell C Nuclear Power Plant (Suffolk) was approved in 2022, just googled it will take between 10-12 to complete, should/might be online mid 2030’s

I don’t think there was a lot of support for more nuclear in U.K. the one in my county was decommissioned many years ago.

They are safer now, and technology has improved.

LizzieDrip Fri 19-Sept-25 15:12:21

GrannyGravy13

Sizewell C Nuclear Power Plant (Suffolk) was approved in 2022, just googled it will take between 10-12 to complete, should/might be online mid 2030’s

I don’t think there was a lot of support for more nuclear in U.K. the one in my county was decommissioned many years ago.

They are safer now, and technology has improved.

The small modular reactors are very different from the likes of Sizewell etc. but they still can’t be built ‘overnight’.

As you say, the technology has moved on in leaps and bounds.

FriedGreenTomatoes2 Fri 19-Sept-25 15:39:34

Wasn’t it Nick Clegg (when in coalition with the Tories) who dissed spending on nuclear? I seem to recall. 😁
He said “it won’t be on line until 2020”. 😂

M0nica Fri 19-Sept-25 16:03:55

if we go predominantly dolar and wind it is going to get very cold in winter when we have those bright windless freezing periods that can last for a week or two.

We will all have to install wood burning stoves.

growstuff Fri 19-Sept-25 16:20:48

M0nica

if we go predominantly dolar and wind it is going to get very cold in winter when we have those bright windless freezing periods that can last for a week or two.

We will all have to install wood burning stoves.

No, we won't. Nuclear will probably have to be part of the mix, but there's no reason why solar and wind (and hydro) can't be part of it too.

growstuff Fri 19-Sept-25 16:22:17

FriedGreenTomatoes2

Oh come on growstuff ... Wind and solar are never going to meet future demand. Nuclear is the only option, once you rule out gas.

I never wrote that they would meet all future demand. I do wish you wouldn't make stuff up.

growstuff Fri 19-Sept-25 16:23:11

GrannyGravy13

growstuff 😹😹😹

I just do not think this Government and Chancellor, like all that have been and gone before them, of all colours, have the cajunas to tax the big boys.

This investment is definitely by big boys

I appreciate that those employed on PAYE will pay their dues, but I doubt if any of the companies will be registered here in the UK for corporation tax or the high earners for dividends etc.

Let’s just hope the employees spend a lot into our economy.

I'm not disagreeing with you.

M0nica Fri 19-Sept-25 17:17:21

growstuff

M0nica

if we go predominantly dolar and wind it is going to get very cold in winter when we have those bright windless freezing periods that can last for a week or two.

We will all have to install wood burning stoves.

No, we won't. Nuclear will probably have to be part of the mix, but there's no reason why solar and wind (and hydro) can't be part of it too.

No argument. I agree, but some seem to think solar and wind, and some water will do the trick. It won't. I totally agree that until fusion comes, it will, but is still at least 20 plus years away, nuclear is the way forward