Amazon (AMZN.US) doubling down on the UK market, planning to invest 40 billion pounds in the next three years.

Zhitong Finance APP learned that Amazon (AMZN.US) has increased its commitment to the UK, with the e-commerce giant planning to invest 40 billion ( $54 billion) over the next three years. The UK government has praised this move as a vote of confidence in its economic policies. The Labour government elected in 2024 will prioritize boosting the UK's weak economic growth and hopes to see an increase in foreign investment.