UK and Japan agree £18bn investment deal

The UK and Japan have agreed a multi-billion pound investment deal which UK Prime Minister Sir Keir Starmer said will build a "new era of co-operation" between the two nations.Japanese firms will spend more than £9bn on UK infrastructure and financial services and up to £9bn on UK offshore wind, creating tens of thousands of jobs, Downing Street said as the PM met his Japanese counterpart Sanae Takaichi in London. The deal comes as the UK's economy struggles to grow, with experts predicting the US-Israel war with Iran will hit the UK particularly hard.It is not clear how much of the investment listed by Downing Street represents new money or previously announced plans.Sir Keir and Takaichi met Japanese business leaders at Downing Street on Sunday, with Starmer describing the talks as "very productive".Separately, Sir Keir said he was "really pleased" the two countries had reaffirmed their commitment to the Gcap fighter jet programme being developed alongside Italy.Meanwhile, it was announced Rolls-Royce would work with Japan's Atomic Energy Agency to develop next generation nuclear technologies and a technology agreement would link up UK research and development and software expertise with Japanese manufacturing.Speaking through a translator, Japan's prime minister said the UK is "an extremely important partner".