Prime Minister welcomes a £40bn investment plan by Amazon over the next three years in show of confidence following Industrial Strategy launch
Thousands of new jobs are set to be created across the UK, as Amazon today (Tuesday 24 June) announces a landmark £40 billion investment over the next three years.
This investment – announced the same week as the Government’s transformational Industrial Strategy - includes building four new fulfilment centres and new delivery stations nationwide, as well as upgrades and expansions to its existing network of over 100 operations buildings across the country.
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The investment will create thousands of new permanent, full-time jobs in the UK, 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 centre 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.
The investment also includes part of the £8 billion previously announced in September 2024 for building, operating, and maintaining data centres in the UK. This will support the UK’s ambition to increase AI compute capacity and meet the growing demand for cloud and AI technologies, while creating thousands of skilled jobs in the tech supply chain.
Alongside the planned creation of the new operations facilities, the investment will also go towards the redevelopment of the historic Bray Film Studios in Berkshire, continued investment in multimillion-pound skills and training programmes, and landmark original TV and film productions.
This announcement is the latest sign that the government’s Plan for Change is working – making Britain the best place to do business, creating jobs, and putting more money in working people’s pockets.
It follows the publication of the modern Industrial Strategy, which marks a new era of collaboration between government and high growth industries slashing energy bills for industry, increasing skills, and boosting investment to unlock the UK’s economic potential.
Prime Minister Keir Starmer, who met Amazon’s CEO last week ahead of the announcement, said:
Chancellor, Rachel Reeves, said:
Business and Trade Secretary Jonathan Reynolds will visit Amazon’s HQ in London to mark the announcement. There he will meet apprentices to talk about the importance of backing British skills just days after the Government announced a £275 million skills package to boost training and build a skilled workforce of the future.
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Business and Trade Secretary, Jonathan Reynolds said:
Amazon are offering 1,000 new full-time apprenticeship roles this year, and already employs more than 75,000 people in over 100 sites across the UK. This new investment will supercharge its impact on local economies. The data centre investment alone is expected to contribute £14 billion to the UK economy over 5 years (2024-2028) and support 14,000 full-time equivalent jobs each year – many of them in small and medium-sized businesses.
Amazon CEO, Andy Jassy, said:
The announcement comes as UK business confidence hits a nine-month high, according to the latest Lloyds Business Barometer, with optimism boosted by falling interest rates and new trade deals with the EU, US and India – cutting costs for businesses and protecting jobs.
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Since the government was elected, interest rates have fallen four times, and the UK started the year as the fastest-growing economy in the G7. The government has also secured three major trade deals with the EU, US and India, which will cut costs for businesses, protect jobs and attract further investment.
Notes to Editors
A release from Amazon will be available separately. A full media pack including a photo of the Prime Minister with Amazon’s CEO can be found here.