No Result
View All Result
Mobile
Subscription
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper
Friday, June 12, 2026
中文
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper
No Result
View All Result
Sky Eco News
No Result
View All Result

Amazon to invest $54 billion in Britain over next three years

Amazon to invest $54 billion in Britain over next three years

FILE PHOTO: Amazon logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Amazon has deepened its commitment to Britain, with the e-commerce giant saying it plans to invest 40 billion pounds ($54 billion) over the next three years, a move the UK government hailed as a vote of confidence in its economic policies.

Elected in 2024, the Labour government has made boosting Britain’s anaemic growth a priority and wants to see a step up in foreign investment.

Amazon said on Tuesday its expansion in Britain, its third biggest market after the United States and Germany, would create thousands of jobs. It currently employs 75,000 in the UK, making it a top ten private sector employer.

Its plan includes building two new state-of-the-art fulfilment centres in the East Midlands, central England, expected to open in 2027, as well as previously announced new centres in Hull, northern England, and Northampton, central England, that will open this year and next year respectively.

The Hull and Northampton sites will each create 2,000 jobs.

Amazon also plans new delivery stations across the UK, upgrades and expansions to its existing network of over 100 operations buildings, investment to enhance its transport infrastructure, two new buildings at its corporate headquarters in London and the redevelopment of the Bray Film Studios in Berkshire, southern England.

The 40 billion pounds figure includes part of the 8 billion pounds announced by Amazon’s cloud computing arm in September 2024 for building, operating, and maintaining data centres in the UK from 2024 to 2028. It also includes salaries for Amazon employees.

Prime Minister Keir Starmer, whose government on Monday detailed its industrial strategy, said Amazon’s plans represented “a massive vote of confidence in the UK as the best place to do business.”

On Friday, Britain’s grocery regulator launched an investigation into Amazon, probing whether it breached rules on timely supplier payments.

($1 = 0.7423 pounds)

(Reporting by James Davey)

Post Related

UK approves Novo weight-loss pill to edge open European market

UK approves Novo weight-loss pill to edge open European market

Britain's medicine regulator approved Novo Nordisk's weight-loss pill on Thursday, making the UK the first market in Europe where patients...

Dan Jarvis appointed as UK defense minister, Downing Street says

Dan Jarvis appointed as UK defense minister, Downing Street says

British security minister Dan Jarvis has been appointed as the country's defence minister, Downing Street said on Thursday. (Reporting by...

Northern Ireland’s Donaldson takes stand to deny sex offences against two girls

Northern Ireland’s Donaldson takes stand to deny sex offences against two girls

Northern Ireland politician Jeffrey Donaldson denied all charges of historical sex offences against two girls when he took the stand...

UK minister says violence in Northern Ireland is racist thuggery

UK minister says violence in Northern Ireland is racist thuggery

Two days of anti-immigration violence in Northern Ireland is nothing short of racist thuggery, Britain's minister for the province said...

UK defence minister quits, says Starmer not spending enough to keep country safe

UK defence minister quits, says Starmer not spending enough to keep country safe

British defence minister John Healey quit on Thursday over a months-long dispute over military spending, accusing Prime Minister Keir Starmer...

Sterling steady as investors weigh U.S.-Iran peace prospects

Sterling steady as investors weigh U.S.-Iran peace prospects

Sterling was broadly steady against the dollar on Wednesday, with investors closely monitoring the latest flare-up between the U.S. and...

Top news

  • SpaceX IPO makes Elon Musk the world’s first trillionaire
  • Musk’s SpaceX prices record $75 billion IPO at $135 a share
  • Slow exits, tighter cash flow hang over private equity at Berlin conference
  • World Bank cuts global growth outlook to 2.5%, warns of drop to 1.3% if war fallout spreads to markets
  • ECB raises rates to nip war-driven inflation in the bud
SKY ECO NEWS

© 2024 SEMG.

About Us

  • Chinese Emassy, London
  • Embassy of the United Kingdom
  • Xinhua
  • People’s Daily
  • China Daily
  • GlobalTimes
  • The Times
  • BBC

Message

No Result
View All Result
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper

© 2024 SEMG.