Britain secures $2.7 billion investment from South Korea’s Shinhan

LONDON (Reuters) -Britain said on Monday that it had secured a 2 billion pound ($2.70 billion) investment into the country’s financial services sector from the Republic of Korea’s oldest banking firm, Shinhan Financial Group CO Ltd.

The investment – aimed at supporting energy, digital assets and infrastructure projects over the next five years – builds on a previous commitment made in 2023 under the former UK government.

($1 = 0.7412 pounds)

(Reporting by Muvija M, writing by Sam Tabahriti, editing by Catarina Demony)

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