• Business

    Three things Britain wants from Trump’s state visit — aside from business deals

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    By Holly Ellyatt

    Copyright cnbc

    Three things Britain wants from Trump's state visit — aside from business deals

    U.S. President Donald Trump’s second state visit to the U.K. — and business deals already announced ahead of the trip — are not only a coup for the beleaguered British government but a much-needed confidence boost.

    BlackRock, Alphabet and Blackstone are just some of the companies set to ink deals with the U.K., setting in motion multi-billion dollar investments in U.K. assets. A raft of energy deals have also been announced, with the U.K. heralding a “golden age” in new energy partnerships, including in nuclear power.

    These investments will not only create jobs, growth and deeper cooperation between the allies, the U.K. hopes, but will be promoted as a vote of confidence in the country.

    London desperately needs that at a time when British Prime Minister Keir Starmer and his ministers have been accused of harming business sentiment and investment with recent tax rises.

    But the U.K. has high hopes it can achieve even more from Trump’s state visit as it rolls out the red carpet for the president and first lady Melania.

    CNBC takes a look at three key things that Starmer will want from Trump’s trip.

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