The UK government has announced more than £1.25bn in private US investment in the UK's financial services sector ahead of US President Donald Trump's second state visit.

The new US investments are expected to create 1,800 jobs and boost benefits for millions of customers across the country, the UK government said.

The deal secures £20bn in trade between the two nations - including an expected £7bn commitment from BlackRock, the world's largest asset manager .

It is set to deliver more than £8bn in investment and capital commitments to the UK, with over £12bn flowing in the other direction - creating jobs and opportunities on both sides.

Other companies expected to invest include PayPal, Bank of America, Citigroup, and S&P Global.

Bank of America will create up to 1,000 new jobs in B

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