London Daily

Focus on the big picture.
Saturday, Sep 19, 2026

Rishi Sunak seeks closer ties with Japan ahead of G7 summit

Rishi Sunak seeks closer ties with Japan ahead of G7 summit

Rishi Sunak has agreed new defence and economic deals with Japan in a visit to Tokyo, ahead of the G7 summit in Hiroshima.

Speaking on board the JS Izumo aircraft carrier, the PM announced a partnership featuring closer UK-Japanese co-operation between armed forces, cyber-agencies and semiconductor companies.

He also said Japanese firms would be investing almost £18bn in the UK.

But Labour said foreign investment had plummeted under the Conservatives.

The government is emphasising it sees the region providing economic opportunity for the UK post-Brexit UK, as well as working with Japan and Australia to counter the strategic threat from China.

About £10bn of the investment is coming from trading and investment business conglomerate Marubeni and is earmarked for offshore wind and green hydrogen projects in Scotland and Wales.

Similarly, Sumitomo Corporation intends to inject £4bn in offshore wind projects off the Suffolk and Norfolk coastline.

The government said both the investments would further solidify "the UK's status as a clean energy pioneer" and would help the UK achieve its net zero target by 2030.

The announcement came as Mr Sunak hosted a reception in Tokyo highlighting the strength of the UK and Japan's economic relationship ahead of the UK joining the regional CPTPP trade bloc (the Comprehensive and Progressive Agreement for Trans-Pacific Partnership).

The government said Japan was the fifth largest investor in the UK, with trade in goods and services worth £27.7bn last year.

Mr Sunak said the new investment was a "massive vote of confidence in the UK's dynamic economy" from some of Japan's top firms.

"The sky's the limit for British and Japanese businesses and entrepreneurs."

Labour's shadow international trade secretary, Nick Thomas-Symonds, pointed to figures from the Office for Budget Responsibility which predicts exports are set to fall by 6.6% this year, equivalent to a £51bn hit to the UK.

Responding to the announcement about Japanese investment, he said the "devil will be in the detail".

Aside from energy, two of Japan's largest real estate companies, Mitsubishi Estate and Mitsui Fudosan, confirmed £3.5bn for affordable housing, office space and a life-science laboratory in London.

There is also investment travelling in the opposite direction - from UK businesses into Japan.

Octopus Energy is set to invest £1.5bn in the Asia-Pacific energy market by 2027, to "speed up the region's transition to a cleaner, smarter energy system", creating 1,000 jobs in the UK.

UK consultancy Mott MacDonald will help develop an offshore wind farm in western Japan which could power more than 175,000 homes with clean energy, the government added.

Separately Mr Sunak will commit to a partnership combining British expertise and Japanese materials to boost supply chains for semiconductors.

Mr Sunak and his wife Akshata Murty arriving in Hiroshima, following his visit to Tokyo


The silicon microchips, used to produce supercomputers and AI technology, are hugely important to modern economies and there has been concern about depending on China for their production.

The UK prime minister also pledged to deploy a naval battle fleet in the Indo-Pacific region by 2025.

After agreeing the Hiroshima Accord, Japanese Prime Minister Fumio Kishida, Mr Sunak will attend the G7 summit, where the focus is expected to be on economic security and the conflict in Ukraine.

During the gathering, Mr Sunak will hold bilateral talks with France's Emmanuel Macron and India's Narendra Modi.

Speaking on the plane to Tokyo, Mr Sunak said: "Prime Minister Kishida and I are closely aligned on the importance of protecting peace and security in the Indo-Pacific and defending our values, including free and fair trade.

"The Hiroshima Accord will see us step up co-operation between our armed forces, grow our economies together and develop our world-leading science and technology expertise."

The two men had dinner together at Mr Kishida's favourite restaurant on land once owned by his grandfather. Mr Sunak attended the meal wearing socks featuring Mr Kishida's sports club - the Hiroshima Toyo Carp baseball team.

During his visit to Hiroshima, Mr Sunak will plant a tree to remember the victims of the atomic bomb, which killed an estimated 140,000 of the city's 350,000 population in 1945.

Newsletter

Related Articles

0:00
0:00
Close
Addison Lee Founder Loses £20.5 Million Non-Domicile Tax Case
BrewDog Creditors Face Heavy Losses After Collapse
Thirteenth Metropolitan Police Officer Dismissed Over Charing Cross Conduct
Oxfordshire Village Votes Symbolically to Leave UK Over Asylum Accommodation Plan
NHS Approves Life-Extending Treatment for Women With Incurable Breast Cancer
Software Defect Blamed for Major UK Air Traffic Disruption
Twenty Women Underwent Unnecessary Mastectomies at County Durham NHS Trust
British Steel Costs Taxpayers £1.3 Million a Day as MPs Demand Long-Term Plan
UK Parliament Advances Sovereign Grant Reform Setting Royal Funding at £99.9 Million
King Charles Urges Human-Centred Approach to Artificial Intelligence at Scotland Summit
House of Lords Begins Scrutiny of Voting-Age and Political Finance Reforms
UK Labour Market Shows Growing Divide Between Younger and Older Workers
Nearly Seven in 10 UK Small Businesses Delay or Cancel Growth Plans as Costs Rise
Andy Burnham Reaffirms UK Net-Zero Target Amid North Sea Energy Debate
UK Parliament Demands Credible Financial and Decarbonisation Plan for British Steel
MPs Urge Government to Reject Thames Water Rescue Deal and Prepare Special Administration
Bank of England Holds Rate at 3.75% as Energy Shock Raises Inflation Risks
TUC Calls for Social Energy Tariff Funded by Higher Taxes on Bank Profits
UK Parliament Enters Conference Recess After Advancing Sovereign Grant Legislation
King Charles Hosts Artificial Intelligence Leaders at Dumfries House Summit
Nearly Seven in Ten UK Small Businesses Delay or Cancel Growth Plans as Costs Rise
Anthropic Details Malicious Use of Claude in Cyber, Weapons and Influence Operations
McLaren Announces £500 Million UK Investment and 1,000 New Jobs
Scotland and Wales Sign Cardiff Agreement to Deepen Cooperation on Shared Policy Priorities
UK Government Moves to Fully Fund Teacher Pay Award as Strike Threat Recedes
UK Competition Regulator Deepens Scrutiny of Microsoft’s Business Software and AI Market Position
NHS England Reforms Focus on Cutting Waiting Lists and Improving Digital Care
England Maintains Mandatory Housing Targets in Push for 1.5 Million New Homes
UK Government Plans Statutory Industrial Strategy Council to Strengthen Long-Term Economic Policy
Asthma Charity Warns of Major Gaps in Childhood Diagnostic Testing Across England
TUC Chief Paul Nowak Appointed to Bank of England Court
Bristol Opens £35 Million Deep-Tech Innovation Hub at Temple Quarter
Oxfordshire Village Votes Symbolically to Leave UK Over Asylum Housing Plan
Andy Burnham Deepens UK Defense and AI Cooperation With NATO and Canada
UK Government Announces Neonatal Safety Reforms After Thirlwall Inquiry
Bank of England Weighs Rate Decision as UK Inflation Rises to 3.1%
UK Health Unions Warn of Staffing Pressures as Public and Private Pay Growth Diverges
Rockstar Games Faces Tribunal Claims From 23 Former Grand Theft Auto VI Developers
UK Treasury Faces Tighter Budget Constraints as Borrowing Costs and Pension Spending Rise
Prime Minister Andy Burnham Sets Out Ten-Year Plan for Greater Public Oversight of Utilities
UK Economy Grows 0.4% in July as Services and Technology Activity Strengthen
Scotland, Wales and Northern Ireland Leaders Coordinate Push for UK Constitutional Change
Police Tighten Public-Order Measures After Anti-Immigration Protests in Dover and Portsmouth
UK Ministers Pressed for Answers After US Diplomat Accused of Child Abuse Images Leaves Britain
Jaguar Land Rover Pursues NATO Defense Contracts for Defender Vehicles
British Service Member Dies in Road Accident While Deployed in Ukraine
George Osborne Calls for Britain to Rejoin EU Customs Union
Anthropic Chief Dario Amodei Urges Faster UK Action on Advanced AI Risks
UK State Pension Set for 3.9% Rise Under Triple Lock
UK Labour Market Cools as Payrolled Employment Continues to Decline
×