AustralianSuper has plans to invest £8 billion (€9.4 billion/$10.2 billion) in the United Kingdom, totaling investment in the United Kingdom to more than £18 billion (€21.1 billion/$22.9 billion) by the end of the decade.
It comes after Chancellor Jeremy Hunt met with CEO Paul Schroder, alongside some of the board, and rounded off a day of significant investment announcements, including the government announcing more than £360 million (€421.4 million/$458.2 million) of funding for advanced manufacturing.
The prime minister attended the groundbreaking of a development site in Swindon owned by Panattoni, Europe’s largest developer of new-build industrial and logistics facilities, which has the potential to create 7,000 jobs for local people and add £1.2 billion (€1.4 billion/$1.5 billion) to the economy, and the chancellor visited Siemens Mobility, which revealed a £100 million (€117.1 million/$127.3 million) investment for a manufacturing and research a