Karen Moscow

I'm Karen Moscow, and this is Bloomberg.

As a place to do business, the UK stands apart.

Not because of a single advantage, but a uniquely powerful combination of many.

As one of the world's leading financial centres, the UK puts over £10 trillion to work every day, fuelling innovation across every sector.

Home to four of the world's top universities, it provides exceptional talent and breakthrough research.

This sits alongside a clear 10-year industrial strategy, unlocking smarter regulation and making it faster and easier to operate.

Stability with dynamism.

Global connectivity with local depth.

It all adds up to greater growth.

Visit business.gov.uk slash growth.

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And as Amazon shares, they're down 7.5% after Andy Jassy spoke with these spending set to weigh on profits.

Poonam Goyal covers Amazon for Bloomberg Intelligence.

Bloomberg intelligence analyst Poonam Goyal notes that some of Amazon's capital expenditures will go toward its effort to compete with SpaceX's Starlink internet service by placing satellites in low Earth orbit.

All right, John, thank you.

In geopolitical news, Iran and the U.S.