Amazon To Invest $54 Billion In The United Kingdom
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E-commerce giant Amazon plans to invest £40 billion ($54 billion) in the UK over the next three years, focusing on building four new fulfillment centers and upgrading existing operations. This investment is expected to create 4,000 jobs, with 2,000 positions in Hull and Northampton. The British government welcomed the announcement, viewing it as a boost to domestic growth. Additionally, Amazon aims to enhance its corporate headquarters in London and improve transportation infrastructure. Despite this, AMZN stock has fallen 5% this year, currently trading at $208.47 per share.
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