No Result
View All Result
Mobile
Subscription
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper
Friday, November 7, 2025
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

High-profile wrongful UK prisoner releases expose worsening crisis

High-profile wrongful UK prisoner releases expose worsening crisis

Britain's justice minister said on Thursday that a spike in prisoners being wrongly released from jail was unacceptable, as he...

Britain’s Prince William calls for optimism on environment at EarthShot Prize event

Britain’s Prince William calls for optimism on environment at EarthShot Prize event

Britain's Prince William expressed optimism on Wednesday about tackling global environmental challenges at a star-studded event in Rio de Janeiro...

UK companies’ job sentiment hits 5-year low, BoE survey shows

UK companies’ job sentiment hits 5-year low, BoE survey shows

British companies' expectations for employment in the year fell last month for the first time in nearly five years, while...

Bank of England holds rates in knife-edge vote that hints at December cut

Bank of England holds rates in knife-edge vote that hints at December cut

The Bank of England kept borrowing costs on hold on Thursday, but a narrow vote and signs that Governor Andrew...

London police chief vows more change after another damning report on racism

London police chief vows more change after another damning report on racism

London's police chief Mark Rowley said his force must undergo cultural change after another deeply critical report published on Friday...

UK watchdog extends consultation on motor finance compensation scheme

UK watchdog extends consultation on motor finance compensation scheme

Britain's financial regulator has extended a deadline for feedback on a proposed compensation scheme for motor finance mis-selling by three...

Top news

  • Trump meets Central Asian leaders to boost critical mineral ties
  • In China, wedding bells are ringing in nightclubs, a subway station and on snowy mountain peaks
  • The roar that haunts him: Japanese bear attack survivor calls for ruthless response
  • China’s vice premier urges end to trade barriers holding back green transition
  • Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval
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.