Gransnet forums

News & politics

£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.

nanna8 Fri 19-Sept-25 12:11:51

Nice to hear something positive for once! Not keen on Trump but this is good.

Whitewavemark2 Fri 19-Sept-25 12:10:36

sago you are completely muddled.

The investment is coming from foreign companies who have zero to day with the political policies of the U.K. regarding immigration.

Are your children really starving!!

A little bit of exaggeration there😄😄😄

Whitewavemark2 Fri 19-Sept-25 12:08:29

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.

Blimey.

Sago Fri 19-Sept-25 11:52:51

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.

Whitewavemark2 Fri 19-Sept-25 10:55:25

growstuff

Sago

There really is no pleasing some people!
Shall we tell Trumpy to stick his money because not everyone will benefit?

Certainly not! It's not that I'm not pleased. Of course I am! I live in an area which will benefit from investment in high tech industries.

I'm looking at the bigger picture.

I don't think many people have missed the message that Reform is riding high in the polls. All we hear about is immigration, but the real reason people are disgruntled is that prices are rising, it's difficult to get an NHS appointment or a secure, well paid job, high streets look depressed and shops are boarded up etc etc. Immigrants are the scapegoats, but they're not the real reason some communities are run down. The real reason is historic under-investment in some areas, while others are thriving, which increases the have/have not divide.

That's why I'd like to see investment in areas where unemployment is high ... and training for the people already in the areas to take on the jobs, not import workers from other areas or overseas - as explained, house price increases then push out the original inhabitants.

It's not that I'm not pleased - I'm just trying to think through how it might work in practice.

We’ve been told for a number of years now that there are going to be massive structural changes to our economy and that people must prepare by re-skilling etc.

Easier said than done, but I have no doubt that this structural change is here and now beginning.

This is the time for young people, to think very carefully about their future.

We saw massive change when computers took over so much of our jobs and skills, now this latest thing is going to even bigger and more challenging.

LizzieDrip Fri 19-Sept-25 10:29:46

Sago

There really is no pleasing some people!
Shall we tell Trumpy to stick his money because not everyone will benefit?

I’m really pleased!

As I’ve commented above, we’re living in a new age. As a country, we need to embrace it otherwise we risk being ‘left behind’.

We need a government that will manage this Fourth Industrial Revolution for the good of society.

growstuff Fri 19-Sept-25 10:19:10

Sago

There really is no pleasing some people!
Shall we tell Trumpy to stick his money because not everyone will benefit?

Certainly not! It's not that I'm not pleased. Of course I am! I live in an area which will benefit from investment in high tech industries.

I'm looking at the bigger picture.

I don't think many people have missed the message that Reform is riding high in the polls. All we hear about is immigration, but the real reason people are disgruntled is that prices are rising, it's difficult to get an NHS appointment or a secure, well paid job, high streets look depressed and shops are boarded up etc etc. Immigrants are the scapegoats, but they're not the real reason some communities are run down. The real reason is historic under-investment in some areas, while others are thriving, which increases the have/have not divide.

That's why I'd like to see investment in areas where unemployment is high ... and training for the people already in the areas to take on the jobs, not import workers from other areas or overseas - as explained, house price increases then push out the original inhabitants.

It's not that I'm not pleased - I'm just trying to think through how it might work in practice.

LizzieDrip Fri 19-Sept-25 10:14:47

This is the age we are living in now:

“Economic Forum, we are in the midst of a Fourth Industrial Revolution (4IR).

This new era is defined by a fusion of technologies like artificial intelligence (AI), the Internet of Things (IoT), robotics, and biotechnology, which are merging digital, physical, and biological worlds to transform society and the economy at an unprecedented speed.

Key Characteristics of the Fourth Industrial Revolution

Fusion of Technologies:
Unlike previous revolutions, 4IR is characterized by a blend of cutting-edge technologies that build on each other.

Digitalization and Connectivity:
There is a ubiquitous and mobile internet, along with powerful, affordable sensors and increased data availability, enabling unprecedented levels of connectivity.

Artificial Intelligence and Machine Learning:
Intelligent machines and advanced data analysis are at the core of this revolution, driving innovation and increasing the intelligence of systems.

Biotechnology:
Advances in areas like genome editing and personalized medicine also contribute to the transforming capabilities of this revolution.”

LizzieDrip Fri 19-Sept-25 10:12:12

growstuff

"I think some people haven’t quite got their heads around the times we are living in. This is like the industrial revolution of the 21st Century. It’s about seeing things differently based on new knowledge, and embracing innovation, as opposed to ‘doing things how they’ve always been done’.

LizzieDrip I couldn't agree more. Have you ever read Orwell's "The Lion and the Unicorn"?

Yes I have growstuff.

Sago Fri 19-Sept-25 10:10:14

There really is no pleasing some people!
Shall we tell Trumpy to stick his money because not everyone will benefit?

growstuff Fri 19-Sept-25 10:09:17

"I think some people haven’t quite got their heads around the times we are living in. This is like the industrial revolution of the 21st Century. It’s about seeing things differently based on new knowledge, and embracing innovation, as opposed to ‘doing things how they’ve always been done’.

LizzieDrip I couldn't agree more. Have you ever read Orwell's "The Lion and the Unicorn"?

growstuff Fri 19-Sept-25 10:05:52

Whitewavemark2

growstuff

It will be interesting to see where these jobs are located and what kind of jobs these are.

My impression is that the people in "red wall" constituencies, who complain about "elites", might not benefit. In fact, the kind of jobs which are likely to be created will contribute even more to a have/have not divide in the context of employable skills.

Well look at one of my posts. It indicates where the jobs might largely be.

I did. I spotted Loughton and Waltham Cross. Both are situated quite close to each other on the outskirts of north London. They're not going to help places like Stoke or Hull.

The problem with with concentrating jobs like this in small areas is that it attracts a handful of highly paid workers, who then push up house prices. The original inhabitants (and I know that both Loughton and Waltham Cross have pockets of deprivation) get pushed out of the housing market and their grievances about them/us become more justified.

PS. I live just south of Cambridge. Unemployment is virtually zero, but house prices are astronomical. The reason is that Cambridge is a hub for life sciences, IT etc jobs. On average, people are well off, but there are still pockets of real deprivation.

LizzieDrip Fri 19-Sept-25 09:43:48

We value our environment and climate

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.

I think some people haven’t quite got their heads around the times we are living in. This is like the industrial revolution of the 21st Century. It’s about seeing things differently based on new knowledge, and embracing innovation, as opposed to ‘doing things how they’ve always been done’.

Whitewavemark2 Fri 19-Sept-25 09:37:25

growstuff

It will be interesting to see where these jobs are located and what kind of jobs these are.

My impression is that the people in "red wall" constituencies, who complain about "elites", might not benefit. In fact, the kind of jobs which are likely to be created will contribute even more to a have/have not divide in the context of employable skills.

Well look at one of my posts. It indicates where the jobs might largely be.

Wyllow3 Fri 19-Sept-25 09:35:35

FriedGreenTomatoes2

Wyllow I know! 😁

🤣

👍

growstuff Fri 19-Sept-25 09:35:09

It will be interesting to see where these jobs are located and what kind of jobs these are.

My impression is that the people in "red wall" constituencies, who complain about "elites", might not benefit. In fact, the kind of jobs which are likely to be created will contribute even more to a have/have not divide in the context of employable skills.

Whitewavemark2 Fri 19-Sept-25 09:33:25

FriedGreenTomatoes2

This gives me hope the end of the net zero agenda is near, thankfully. Musk uses thirsty gas turbines for his Grok ai so ours may need the same. Maybe invest in North Sea again? 🤞

No we are not as I said living in Trump land.

We value our environment and climate.n

GrannyGravy13 Fri 19-Sept-25 09:32:15

Please do not misinterpret my post, I am of course pleased that the U.K. is getting this investment, and more jobs are always needed.

Best get the solar panels on car parks, offices and industrial units quick along with many more wind turbines, (all of which provide jobs) as the energy consumption on these sort of computers is enormous.

Whitewavemark2 Fri 19-Sept-25 09:32:01

FriedGreenTomatoes2

Maybe these big tech companies can force some sensible decisions on our energy policy - after all they are going to need lots of cheap energy for their data processing banks.

😄. This isn’t Trump land thank goodness and we still value our environment and climate.

So

Nuclear engineering company Amentum confirmed a £150 million investment in the UK and said it plans to create more than 3,000 new jobs, to increase its UK workforce by over 50 per cent over the next four years.

X-Energy and Centrica also said they plan to build up to 12 advanced modular reactors.

Water to cool ? - The sea

FriedGreenTomatoes2 Fri 19-Sept-25 09:30:13

Wyllow I know! 😁

FriedGreenTomatoes2 Fri 19-Sept-25 09:29:15

This gives me hope the end of the net zero agenda is near, thankfully. Musk uses thirsty gas turbines for his Grok ai so ours may need the same. Maybe invest in North Sea again? 🤞

Wyllow3 Fri 19-Sept-25 09:28:51

FGT - I can't get used to all this agreeing...☺️

Wyllow3 Fri 19-Sept-25 09:27:58

It's a "trade off", isn't it? Only time will tell, it's a good question.

Pippa000 Fri 19-Sept-25 09:23:23

Is it right that one data site will use as much energy as 3 million homes? If so where is this energy coming from?

Jaxjacky Fri 19-Sept-25 09:22:25

FriedGreenTomatoes2

Maybe these big tech companies can force some sensible decisions on our energy policy - after all they are going to need lots of cheap energy for their data processing banks.

Water as coolant too, can they sort that out!