The 2022 Amazon Economic Impact in the UK report has shown that it has made direct investments in the country worth £43bn since 2010. It estimates that this has in turn contributed £36 billion of GDP in that time.
One of the big ways Amazon has contributed to GDP has been through the independent selling partners that account for more than half of all product sales on the Amazon UK website. According to the online giant, more than 85,000 UK SMEs sell on its marketplace, the majority of which are outside London.
Amazon created £4.4 billion to the South East of England’s GDP since 2010. However, SMEs based in Manchester, Belfast and Glasgow recorded some of the highest annual revenues and surpassed those based in London.
More than 600,000 small businesses around the world have taken advantage of the Amazon Small Business Accelerator since it launched in 2020.
Banbury Amazon delivery station manager Andy Barber said: “Amazon is a proud member of the community in Berkshire, Bucks and Oxfordshire, investing over £3 billion in the region since 2010 to support local businesses, create jobs and make a positive contribution to the regional economy.
“We help more than 3,000 small businesses across Berkshire, Bucks and Oxfordshire sell on Amazon and reach customers around the world, and we also continue to support community organisations across the region through donations and volunteering.
“Recently, we have donated to a range of good causes including BYHP (Supporting Young People in Housing Need) while working with Magic Breakfast to deliver healthy breakfasts to vulnerable children and schools.”