- Amazon’s three-year plan includes £40 billion in UK investment
- “Thousands” of jobs set to be created across new and upgraded sites
- Most of the benefits will be seen in regions typically overlooked by such investments
Amazon has announced plans to invest £40 billion into the UK over a three-year period spanning between 2025 and 2027.
The multi-billion pound investment will fund the expansion of Amazon’s operations within the UK, leading to more jobs, boosting national GDP and strengthening the infrastructure that Amazon relies on (and therefore other UK consumers and businesses).
The huge sum isn’t insignificant – the UK is Amazon’s third-largest market, after the US and Germany, two nations that have already seen billions in investments spanning both ecommerce infrastructure and sovereign cloud efforts.
UK Amazon investment
Boasting of its position as a top-10 private sector employer across the UK, with more than 75,000 citizens part of its workforce, Amazon said its latest investment would create thousands more jobs, the “vast majority” of which should be away from London and the South East.
Four new Amazon fulfilment centers are in the pipeline, including two in the East Midlands, one in Hull and a further one in Northampton – with the latter two anticipated to generate 2,000 jobs each.
The company also declared its investment would be nearly matched when it comes to boosting the UK’s GDP, which Amazon anticipates adding £38 billion to the UK economy.
Besides adding further delivery stations across the UK, Amazon also plans to upgrade more than 100 operational buildings and open two more at its East London corporate HQ.
Promising a minimum salary of £28,000 for full-time workers (and £30,000 in London), robotics technicians, safety experts and mechatronic engineers will be among the more than 60 roles offered by the company as part of its huge investment.
“When Amazon invests, it’s not only in London and the South East – we’re bringing innovation and job creation to communities throughout England, Wales, Scotland, and Northern Ireland, strengthening the UK’s economy and delivering better experiences for customers wherever they live,” noted Amazon CEO Andy Jassy.
UK Prime Minister Keir Starmer welcomed the “thousands of new jobs,” which he described as offering “real opportunities for people in every corner of the country to build careers, learn new skills, and support their families.”
“Amazon’s £40 billion investment adds another major win to Britain’s basket and is a massive vote of confidence in the UK as the best place to do business.,” he added.
Leave a comment