Amazon to invest £40B in the U.K.

Amazon (NASDAQ:AMZN) has announced plans to invest £40B ($54.3B) in the U.K. over the next three years through 2027.

The planned investment will help establish four new fulfillment centers, two new London office buildings and upgrade Amazon’s transportation infrastructure across the U.K. to improve delivery speed and support small businesses.

The investment also includes part of the £8B previously announced in September 2024 for building, operating, and maintaining data centers in the U.K.

Prime Minister, Sir Keir Starmer, said: “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.”

The investment will generate thousands of new permanent, full-time jobs in the U.K., with the vast majority outside of London and the South East. These include 2,000 jobs at the previously announced state-of-the-art fulfilment center in Hull and 2,000 jobs at another in Northampton, plus additional positions at new sites in the East Midlands and at delivery stations across the country.

Amazon (NASDAQ:AMZN) currently employs 75,000 in the UK, making it a top ten private sector employer.

Shares rose 1.86% premarket on Tuesday.