Latest news with #BrayFilmStudios
Fashion United
40 minutes ago
- Business
- Fashion United
Amazon to invest 40 billion pounds in UK, four new fulfilment centres planned
Marketplace giant Amazon has unveiled plans for a 40 billion pound investment in the UK market where, over the next three years, it is looking to establish four new fulfilment centres and two new London offices. The company, which already employs over 75,000 people in the UK, said the plans will only expand on this number, creating 'thousands of new permanent, full-time jobs in the UK, with the vast majority outside of London and the South East'. These will include the 4,000 jobs set for Amazon's new fulfilment centres in Hull and Northampton, with additional positions expected within new sites in the East Midlands and new delivery stations across the country. A further 60 different specialised roles are to also be introduced, including robotics technicians, safety experts and mechatronic engineers. Alongside fulfilment centres, Amazon is looking to open two new buildings in East London for its corporate headquarters and plans to further invest in transportation infrastructure, workforce training programmes and redeveloping Bray Film Studios in Berkshire. This latest announcement comes after Amazon revealed a prior eight billion pound investment in building, operating and maintaining data centres in the UK, a process that is to run until 2028. Here, the company hopes to 'support the UK's ambition to increase AI compute capacity', and is expected to contribute 14 billion pounds to the UK economy over five years. In a statement, UK prime minister, Keir Starmer, welcomed Amazon's latest investment boost, which he said 'adds another major win to Britain's basket'. He continued: '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.'
Straits Times
5 hours ago
- Business
- Straits Times
Amazon to invest $69.5 billion in Britain over next three years
Amazon's UK investment will be used to build four distribution centres, creating an estimated 4,000 jobs. PHOTO: REUTERS Amazon to invest $69.5 billion in Britain over next three years LONDON - Online retail giant Amazon will invest £40 billion (S$69.5 billion) in the UK over the next three years, the government said on June 24, a boost for Prime Minister Keir Starmer as he struggles to kickstart the economy. Mr Starmer, who met Amazon chief executive 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 their families. '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,' he added. The £40 billion will be used to build four distribution centres, creating an estimated 4,000 jobs, and to renovate the historic Bray Film Studios, acquired in July 2024. In December, Amazon signed an agreement with Games Workshop, the British company that owns the rights to Warhammer 40,000, to produce films and TV series based on the futuristic fantasy universe. The project is set to star Henry Cavill, known for his roles in in Superman and The Witcher. The investment also includes part of the £8 billion previously announced in September 2024 for building, operating and maintaining data centres in the UK, aimed at boosting artificial intelligence (AI) computer capacity. The announcement coincides with the publication of the government's 'Modern Industrial Strategy', which outlines how the state and high-growth industries will collaborate in the future. It offers a rare piece of good news for the Labour government, which has been buffeted by US tariffs and global conflicts and seen its domestic policy of tax hikes and public investment fail to deliver on its promise of growth. Amazon already employs more than 75,000 people in over 100 sites across the UK. Mr Jassy said the company was 'bringing innovation and job creation to communities throughout England, Wales, Scotland, and Northern Ireland. He announced in February that Amazon would invest more than US$100 billion (S$128 billion) in 2025, primarily to boost its cloud and AI capabilities. Australia was the focus last week, when the US firm announced US$13.3 billion over five years for its data centres, the largest technology investment ever made in the country. In June, Amazon also announced major investments in North Carolina (US$10 billion) and Pennsylvania (US$20 billion), again for data centres and AI projects. Amazon is currently under investigation by the UK Food Regulator, suspected of late payments to food suppliers. If found guilty, Amazon could be fined up to 1 per cent of its annual UK turnover. AFP Join ST's Telegram channel and get the latest breaking news delivered to you.
Business Times
6 hours ago
- Business
- Business Times
Amazon to invest £40 billion in UK over three years
[LONDON] Online retail giant Amazon will invest £40 billion (S$69.2 billion) in the UK over the next three years, the government said on Tuesday (Jun 24), a boost for Prime Minister Keir Starmer as he struggles to kickstart the economy. Starmer, who met Amazon chief executive officer 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 their families. '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,' he added. The £40 billion will be used to build four distribution centres, creating an estimated 4,000 jobs, and to renovate the historic Bray Film Studios, acquired in July 2024. Last December, Amazon signed an agreement with Games Workshop, the British company that owns the rights to Warhammer 40,000, to produce films and TV series based on the futuristic fantasy universe. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The project is set to star Henry Cavill, known for his roles in in Superman and The Witcher. The investment also includes part of the £8 billion previously announced in September 2024 for building, operating and maintaining data centres in the UK, aimed at boosting artificial intelligence (AI) computer capacity. The announcement coincides with the publication of the government's 'Modern Industrial Strategy', which outlines how the state and high-growth industries will collaborate in the future. 'Right track' It offers a rare piece of good news for the Labour government, which has been buffeted by US tariffs and global conflicts and seen its domestic policy of tax hikes and public investment fail to deliver on its promise of growth. Business and Trade Secretary Jonathan Reynolds will visit Amazon's headquarters in London on Tuesday to mark the announcement. '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,' he said. Amazon already employs more than 75,000 people in over 100 sites across the UK. Jassy said the company was 'bringing innovation and job creation to communities throughout England, Wales, Scotland and Northern Ireland. 'Amazon has been proud to serve our customers in the UK for the past 27 years. Thanks to their support, we have 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. Jassy announced last February that Amazon would invest more than US$100 billion this year, primarily to boost its cloud and AI capabilities. Australia was the focus last week, when the US firm announced US$13.3 billion over five years for its data centres, the largest technology investment ever made in the country. In June, Amazon also announced major investments in North Carolina (US$10 billion) and Pennsylvania (US$20 billion), again for data centres and AI projects. Amazon is currently under investigation by the UK Food Regulator, suspected of late payments to food suppliers. If found guilty, Amazon could be fined up to one per cent of its annual UK turnover. REUTERS
Time of India
7 hours ago
- Business
- Time of India
Amazon to invest £40 billion in UK over 3 years: govt
Live Events 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 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 their families."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," he £40 billion will be used to build four distribution centres, creating an estimated 4,000 jobs, and to renovate the historic Bray Film Studios, acquired in July December, Amazon signed an agreement with Games Workshop, the British company that owns the rights to "Warhammer 40,000", to produce films and TV series based on the futuristic fantasy project is set to star Henry Cavill, known for his roles in in "Superman" and "The Witcher".The investment also includes part of the £8 billion previously announced in September 2024 for building, operating and maintaining data centres in the UK, aimed at boosting artificial intelligence (AI) computer announcement coincides with the publication of the government's "Modern Industrial Strategy", which outlines how the state and high-growth industries will collaborate in the offers a rare piece of good news for the Labour government, which has been buffeted by US tariffs and global conflicts and seen its domestic policy of tax hikes and public investment fail to deliver on its promise of and Trade Secretary Jonathan Reynolds will visit Amazon's headquarters in London on Tuesday to mark the announcement."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," he already employs more than 75,000 people in over 100 sites across the said the company was "bringing innovation and job creation to communities throughout England, Wales, Scotland, and Northern Ireland."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 announced last February that Amazon would invest more than $100 billion this year, primarily to boost its cloud and AI was the focus last week, when the US firm announced $13.3 billion over five years for its data centres, the largest technology investment ever made in the June, Amazon also announced major investments in North Carolina ($10 billion) and Pennsylvania ($20 billion), again for data centres and AI is currently under investigation by the UK Food Regulator, suspected of late payments to food found guilty, Amazon could be fined up to one percent of its annual UK turnover.
Business Times
8 hours ago
- Business
- Business Times
Amazon to invest £40 billion in UK over three years: government
[LONDON] Online retail giant Amazon will invest £40 billion (S$69.2 billion) in the UK over the next three years, the government said on 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 their families. '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,' he added. The £40 billion will be used to build four distribution centres, creating an estimated 4,000 jobs, and to renovate the historic Bray Film Studios, acquired in July 2024. In December, Amazon signed an agreement with Games Workshop, the British company that owns the rights to Warhammer 40,000, to produce films and TV series based on the futuristic fantasy universe. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The project is set to star Henry Cavill, known for his roles in in Superman and The Witcher. The investment also includes part of the £8 billion previously announced in September 2024 for building, operating and maintaining data centres in the UK, aimed at boosting artificial intelligence (AI) computer capacity. The announcement coincides with the publication of the government's 'Modern Industrial Strategy', which outlines how the state and high-growth industries will collaborate in the future. 'Right track' It offers a rare piece of good news for the Labour government, which has been buffeted by US tariffs and global conflicts and seen its domestic policy of tax hikes and public investment fail to deliver on its promise of growth. Business and Trade Secretary Jonathan Reynolds will visit Amazon's headquarters in London on Tuesday to mark the announcement. '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,' he said. Amazon already employs more than 75,000 people in over 100 sites across the UK. Jassy said the company was 'bringing innovation and job creation to communities throughout England, Wales, Scotland, and Northern Ireland. '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. Jassy announced last February that Amazon would invest more than US$100 billion this year, primarily to boost its cloud and AI capabilities. Australia was the focus last week, when the US firm announced US$13.3 billion over five years for its data centres, the largest technology investment ever made in the country. In June, Amazon also announced major investments in North Carolina (US$10 billion) and Pennsylvania (US$20 billion), again for data centres and AI projects. Amazon is currently under investigation by the UK Food Regulator, suspected of late payments to food suppliers. If found guilty, Amazon could be fined up to one per cent of its annual UK turnover. REUTERS
