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South Korean businesses to invest £21b into Britain
British and South Korean flags are displayed in front of Buckingham Palace along The Mall, ahead of the official visit by South Korean President Yoon Suk Yeol and his wife Kim Keon Hee, in London November 17, 2023. — Reuters pic

LONDON, Nov 21 — South Korean businesses will invest £21 billion (RM120 billion) into Britain, the British government said today, ahead of the launch of talks over a modernised trade deal between the two countries.

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The new investment includes a £9.7 billion injection over ten years from South Korea’s Sovereign Wealth Fund into renewable energy and green infrastructure projects in Britain, Britain’s Department for Business and Trade said in a statement. — Reuters

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