LONDON (Reuters) – Google said on Tuesday it would make 5 billion pounds ($6.80 billion) in new investments into Britain ahead of U.S. President Donald Trump’s state visit to the country, which is expected to feature a flurry of business deals and partnerships.
The U.S. tech company also announced the opening of a new data centre close to London, designed to help meet growing demand for its AI-powered services like Google Cloud, Search, Maps and Workspace.
The investment “is a powerful vote of confidence in the UK economy and the strength of our partnership with the US,” finance minister Rachel Reeves said in the company’s statement. The Alphabet-owned company said the investment is projected to create 8,250 jobs annually at British businesses.
The announcement will be seen as a boost f