Amazon to invest £40 billion in the UK over next three years
- Amazon announced a £40 billion investment over three years to expand operations and create thousands of UK jobs, including new warehouses in Hull and Northampton.
- This investment follows Amazon's existing commitment to Britain as its third-largest market and includes expanding its London headquarters and building data centres.
- The plan includes opening new fulfillment centers in Hull this year and Northampton in 2026, along with the construction of a pair of new warehouses in the East Midlands anticipated to be operational by 2027.
- Prime Minister Keir Starmer described the investment as a significant endorsement of the UK’s appeal as an ideal location for business, while Chancellor Rachel Reeves referred to it as a strong confirmation of Britain’s economic strengths.
- The investment is expected to strengthen the UK economy through innovation, job creation nationwide, and upgrades in infrastructure, including tech and staff benefits.
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Amazon UK’s £40bn expansion
Amazon has announced a massive £40 billion (€47.2 billion) investment in the UK over the next three years, with the aim of opening four new warehouses and creating thousands of jobs across the country, according to reports. The online retail giant confirmed it will open two new fulfilment centres in the East Midlands by 2027. The exact locations of these future sites have not been disclosed. Source
·Spain
Read Full ArticleAmazon to invest $54 billion in Britain over next three years
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.
·United Kingdom
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Leaning Left6Leaning Right2Center17Last UpdatedBias Distribution68% Center
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68% Center
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C 68%
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