Amazon to invest £40 billion in UK over 3 years: govt

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Online retail giant Amazon will invest £40 billion ($54 billion) in the UK over the next three years, the government said Tuesday, a boost for Prime Minister Keir Starmer as he struggles to kickstart the economy.

Starmer, who met Amazon CEO Andy Jassy last week, said the announcement “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.

“It means thousands of new jobs — real opportunities for people in every corner of the country to build careers, learn new skills, and support…



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Amazon to invest £40 billion in UK over 3 years: govt


Online retail giant Amazon will invest £40 billion ($54 billion) in the UK over the next three years, the government said Tuesday, a boost for Prime Minister Keir Starmer as he struggles to kickstart the economy.

Starmer, who met Amazon CEO Andy Jassy last week, said the announcement “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.

“It means thousands of new jobs — real opportunities for people in every corner of the country to build careers, learn new skills, and support…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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