Amazon to Invest $40 Billion in the UK

Amazon committed to a $40 billion investment in the UK over the next three years. The tech giant plans to build new facilities, upgrade existing sites, and create new jobs in the country.

The company stated it would establish four fulfillment centers and new delivery stations nationwide, in addition to expanding and upgrading a network of more than 100 buildings. It also pledged to open two new buildings at Amazon’s corporate HQ in East London and enhance the company’s transportation infrastructure in every region, enabling faster customer service and support for thousands of SMEs.

In total, the investment will mean thousands of new jobs in the country, including 2,000 roles at a previously announced fulfilment centre in Hull and a further 2,000 in Northampton. The new roles, which include positions for robotics technicians, safety experts, and mechatronic engineers, will add to the 75,000 employees already employed in the country by the company.

In total, Amazon expects its investment will drive innovation throughout the UK, contributing an estimated £38 billion to the UK’s GDP. Andy Jassy, CEO of Amazon, said the company was committed to investing in all parts of the UK, not only London, to strengthen the nation’s economy. UK Prime Minister Keir Starmer added that the investment is another major win for the UK as the best place to do business.