Politics latest: Japan to invest over £17bn in UK as PM attends key summit; water companies apologise

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BREAKING: Japanese businesses commit £18 billion of investment in the UK economy Prime Minister Rishi Sunak is speaking in Tokyo before travelling to Hiroshima for the G7 summit. Latest: 📺 Sky 501, Virgin 602, Freeview 233 and YouTube

Sunak: Japanese firms' £17.5bn investment is a 'huge vote of confidence in UK economy'

Citing shared strengths in the areas of science and technology, the PM said:"These partnerships will create prosperity in both our countries." It has been widely suggested that net migration could top one million this year, after hitting a record high of 504,000 in the year to June 2022."We are committed to bringing down legal migration as well," the prime minister said.

"I think illegal migration is undoubtedly the country's priority, and you can see all the work I'm putting in to that. Sunak addresses economic growth, defence, and whether he will reduce net migration Water and sewage firms in England have issued a public apology for"not acting quickly enough" on spills - and vowed to spend £10bn to clean up their act.

This will see the UK"step up defence co-operation with Japan to uphold stability in the Indo-Pacific" region, a statement from Downing Street said. After a whirlwind trip to the Council of Europe meeting in Iceland earlier this week, Rishi Sunak is in Japan for the G7 meeting - his first as prime minister.

 

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'I want to bang the drum for Britain and give you three reasons why the UK is one of the most exciting destinations in the world for Japanese businesses' PM Rishi Sunak speaks at a business reception in Tokyo ahead of the G7 summit. Latest: 📺 Sky 501

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