DEVELOPING: Microsoft Boss Warns UK Economy on Cusp of 10% Boost in Just 5 Years

Microsoft Boss Warns UK Economy on Cusp of 10% Boost in Just 5 Years Microsoft CEO Satya Nadella has announced a massive investment package worth £31 billion, which he believes will boost the UK economy by 10% within five years. The deal, part of the "Tech Prosperity Deal", includes investments from Google and Nvidia, among others. The agreement will see significant growth in AI development, with Microsoft set to be involved in creating a new supercomputer in Essex. Nadella expects AI investment to drive UK growth and productivity, saying: "It may happen faster, so our hope is not 10 years but maybe five." This massive investment package comes as part of President Donald Trump's second state visit to the UK. Prime Minister Sir Keir Starmer has hailed the deal as a major success, promising highly skilled jobs and increased economic growth. The deal will see significant investments in British-based infrastructure, including data centres, to support AI development. This is expected to have an immediate impact on the economy, with Nadella's predictions of a 10% boost within five years already being touted as a possibility. This is a developing story, with further details and updates expected in the coming hours and days. We will continue to bring you live coverage as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Bbc.*