Sat, 13 Sep 2025

Sat, 13 Sep 2025 New wave of US investment to create up to 1,000 jobs

Bank of America is set to create up to 1,000 new jobs in Belfast, marking its first operation in Northern Ireland.

* Bank of America plans to create up to 1,000 new jobs in Belfast as part of its first operation in Northern Ireland.
* The investment, worth over £1.25 billion, will establish Belfast as a "key hub" for financial technology and security operations.
* Citigroup has also pledged an additional £1.1bn investment across its UK sites, including growing its presence in Northern Ireland.
* PayPal and S&P Global are among the US firms investing in the region.
* The investments are expected to create thousands of high-skilled jobs from Belfast to Edinburgh.
* Deputy First Minister Emma Little-Pengelly described the Bank of America investment as a "huge sign of confidence" in Northern Ireland's economy.
* Chancellor Rachel Reeves said the commitment demonstrates the UK economy's potential and global investors' confidence in the country's plan for change.
* Business and Trade Secretary Peter Kyle stated that the announcements reinforce the UK's position as the world's leading investment destination.
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