Gate News bot message, Amazon deepens its commitment to the UK, with the e-commerce giant announcing plans to invest £40 billion over the next three years. The UK government has hailed this move as a vote of confidence in its economic policy. The Labour government elected in 2024 has made boosting the UK's weak economic growth a top priority and hopes to see an increase in foreign investment.
Amazon said on Tuesday that its expansion in the UK, the third-largest market after the United States and Germany, will create thousands of jobs. Amazon currently has 75,000 employees in the UK and is one of the top ten private employers in the country. The company's plans include the construction of two advanced fulfillment centers in the East Midlands of England, expected to open in 2027, as well as new centers in Hull in northern England and Northampton in central England, which were previously announced to open this year and next year, respectively.
The sites in Hull and Northampton will each create 2,000 jobs. Amazon also plans to build new distribution centers across the UK, upgrade and expand its existing network of over 100 operational buildings, invest in strengthening transportation infrastructure, construct two new buildings at its headquarters in London, and rebuild the Bray Film Studios located in Berkshire, southern England.
The £40 billion figure includes a portion of the £8 billion announced by Amazon's cloud computing division in September 2024 for building, operating, and maintaining data centers in the UK from 2024 to 2028. It also includes the salaries of Amazon employees. UK Prime Minister Keir Starmer stated that Amazon's plans represent a "huge vote of confidence in the UK as the best place to do business."
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Amazon will invest $54 billion in the UK over the next three years.
Gate News bot message, Amazon deepens its commitment to the UK, with the e-commerce giant announcing plans to invest £40 billion over the next three years. The UK government has hailed this move as a vote of confidence in its economic policy. The Labour government elected in 2024 has made boosting the UK's weak economic growth a top priority and hopes to see an increase in foreign investment.
Amazon said on Tuesday that its expansion in the UK, the third-largest market after the United States and Germany, will create thousands of jobs. Amazon currently has 75,000 employees in the UK and is one of the top ten private employers in the country. The company's plans include the construction of two advanced fulfillment centers in the East Midlands of England, expected to open in 2027, as well as new centers in Hull in northern England and Northampton in central England, which were previously announced to open this year and next year, respectively.
The sites in Hull and Northampton will each create 2,000 jobs. Amazon also plans to build new distribution centers across the UK, upgrade and expand its existing network of over 100 operational buildings, invest in strengthening transportation infrastructure, construct two new buildings at its headquarters in London, and rebuild the Bray Film Studios located in Berkshire, southern England.
The £40 billion figure includes a portion of the £8 billion announced by Amazon's cloud computing division in September 2024 for building, operating, and maintaining data centers in the UK from 2024 to 2028. It also includes the salaries of Amazon employees. UK Prime Minister Keir Starmer stated that Amazon's plans represent a "huge vote of confidence in the UK as the best place to do business."