Amazon will invest $10.5 billion in the UK over the next five years to develop its cloud business
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Amazon Web Services (AWS) announced plans to invest £8 billion (approximately $10.5 billion) in the UK over the next five years to develop cloud business, build and maintain data centers. By the end of 2028, this project is expected to contribute £14 billion to the UK's GDP and create over 14,000 jobs. UK Chancellor of the Exchequer, Rishi Sunak, welcomed the investment, stating that it marks the beginning of economic recovery. AWS is also expanding in Europe, with investments in Spain and Germany
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