Britain and Japan are set to unveil investment and technology partnerships worth more than £18 billion (US$24 billion), deepening economic ties as Prime Minister Keir Starmer meets Japanese Prime Minister Sanae Takaichi in Tokyo. Reuters reported that the package is expected to support tens of thousands of jobs while boosting cooperation across key industries.
At the centre of the agreement is a five-year Japanese investment pipeline worth more than £9 billion, targeting sectors including infrastructure and financial services. The two countries also plan to unlock up to £9 billion for UK offshore wind projects, supporting around 5.9 gigawatts of capacity across developments in Scotland and the Celtic Sea.
The partnership extends beyond investment. Britain and Japan are launching a new technology pact focused on artificial intelligence, semiconductors and quantum computing, areas both governments see as increasingly important for future growth and competitiveness.
Several major companies are also expected to announce new collaborations during the visit. Hitachi Energy, Rolls-Royce and Eisai are among the firms involved, with projects spanning power-grid expansion, nuclear technology and life sciences.
More business and government agreements are expected to be signed during Takaichi’s visit, which comes ahead of the G7 summit in France from June 15 to 17.
