Skip to content 
Search

Latest Stories

Amazon to invest £40bn in UK over next 3 years

Starmer met Amazon CEO Andy Jassy last week and welcomed the development, calling it “a massive vote of confidence in the UK as the best place to do business.”

Amazon-UK-Getty

According to the government, the investment will be used to build four new distribution centres, expected to create around 4,000 jobs. (Representational image: Getty)

AMAZON will invest £40 billion in the United Kingdom over the next three years, the government said on Tuesday. The announcement comes as prime minister Keir Starmer seeks to attract investment and revive economic growth.

Starmer met Amazon CEO Andy Jassy last week and welcomed the development, calling it “a massive vote of confidence in the UK as the best place to do business.”


“It means thousands of new jobs – real opportunities for people in every corner of the country to build careers, learn new skills, and support their families,” he said. “Whether it's cutting-edge AI or same-day delivery, this deal shows that our Plan for Change is working – bringing in investment, driving growth, and putting more money in people's pockets.”

New sites and job creation

According to the government, the investment will be used to build four new distribution centres, expected to create around 4,000 jobs. It will also be used to renovate Bray Film Studios, which Amazon acquired in July 2024.

Part of the total includes a portion of the £8 billion investment Amazon had announced in September 2024 for the construction, operation and maintenance of data centres in the UK, intended to support artificial intelligence computing needs.

In December, Amazon signed an agreement with Games Workshop, the British company behind “Warhammer 40,000”, to produce films and television series based on the franchise. The project is expected to feature actor Henry Cavill.

‘On the right track’

The announcement aligns with the release of the government’s “Modern Industrial Strategy”, outlining plans for collaboration between the state and high-growth industries.

Business and trade secretary Jonathan Reynolds will visit Amazon’s London headquarters on Tuesday to mark the investment.

“Our Modern Industrial Strategy will ensure the UK is the best country to invest and do business, and seeing massive international firms like Amazon bank on Britain shows we are on the right track,” Reynolds said.

Amazon’s UK presence

Amazon currently employs more than 75,000 people across more than 100 sites in the UK.

Jassy said, “Amazon has been proud to serve our customers in the UK for the past 27 years. Thanks to their support, we've grown to be part of over 100 communities nationwide, from developing drone technology in Darlington to producing world-class entertainment at our studios in Bray.”

He added, “We’re bringing innovation and job creation to communities throughout England, Wales, Scotland, and Northern Ireland.”

Global investments and ongoing probe

In February, Jassy announced Amazon would invest more than $100 billion globally in 2025, with a focus on expanding its cloud and AI capabilities.

Last week, Amazon announced a $13.3bn investment over five years in Australia, aimed at its data centre operations. It marked the country’s largest-ever technology investment.

In June, Amazon also made announcements of large-scale investments in North Carolina ($10bn) and Pennsylvania ($20bn), both for data centres and AI-related projects.

Meanwhile, Amazon is under investigation by the UK Food Regulator over suspected late payments to food suppliers. If found guilty, the company could face a fine of up to one per cent of its annual UK turnover.

(With inputs from agencies)

More For You

Asian firm acquires Kings Court Hotel for £2.75m

UK-based Nanak Hotels acquired the 60-room Kings Court Hotel in Warwickshire for £2.75 million. (Photo: Colliers International UK)

Asian firm acquires Kings Court Hotel for £2.75m

UK-BASED Nanak Hotels recently acquired the 60-room Kings Court Hotel, a 17th-century property in Warwickshire, England, for £2.75 million. This is the first regional acquisition by the privately held firm led by British Indians Harpreet Singh Saluja and Karamvir Singh.

Nanak Hotels, which operates a UK property portfolio, plans to invest in the property's refurbishment and repositioning, according to a statement from Colliers International UK, which brokered the transaction.

Keep ReadingShow less
Priya Nair becomes first woman CEO in Hindustan Unilever's history

Priya Nair (Photo: Unilever)

Priya Nair becomes first woman CEO in Hindustan Unilever's history

PRIYA NAIR has been appointed as the CEO and managing director of Hindustan Unilever Ltd (HUL), effective from August 1. She will be the first woman to lead the company in its history.

The announcement was made by HUL on Thursday (10). Nair, who currently serves as president, Beauty & Wellbeing at Unilever, will take over the role from Rohit Jawa, who will step down on July 31 to pursue other interests.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy shrinks again in May, hitting Labour’s growth plans

THE UK economy contracted unexpectedly in May, marking the second consecutive monthly decline, according to official data released on Friday. The figures present a challenge for the Labour government as it attempts to revive economic growth.

Gross domestic product fell by 0.1 per cent in May, following a 0.3 per cent contraction in April, the Office for National Statistics (ONS) said in a statement.

Keep ReadingShow less
SBI UK cuts mortgage rates

The bank's commitment to green lending reflects focus on sustainability (Photo: Getty Images)

SBI UK cuts mortgage rates

BANKING major State Bank of India (UK) has cut interest rates on its buy-to-let mortgage products to help landlords reduce borrowing costs.

The bank said the rate cuts would help landlords invest in rental properties and meet growing demand for rental homes across the UK.

Keep ReadingShow less