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Amazon aims to branch into UK internet market with satellite broadband plan

www.theguardian.com 05-01-2025 05:16 1 Minutes reading

Proposed space launches within next two years could ultimately deliver mobile phone signal even to most remote areas

Amazon is hoping to offer a satellite broadband service in the UK within the next two years as it prepares to launch a constellation of spacecraft that could ultimately deliver a mobile signal even to the most remote areas.

The tech company, founded by Jeff Bezos, said it would seek access to British radio frequencies “over the next one to two years” as it prepares to offer satellite internet, according to a regulatory filing first reported by the Sunday Telegraph.

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Halifax says house prices dipped by 0.2% in December while annual price growth slowed to 3.3%

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

UK house prices finished 2024 up 3.3% over the year, with the average property value falling slightly in December, according to a major mortgage lender.

December 2024 was one of the busiest Decembers in years in terms of buyer demand. This was driven by first-time buyers who were keen to get on the property ladder before this year’s changes to Stamp Duty but also by second-steppers, including young families, wanting to upsize.

We believe that UK growth is likely to slow, as employer tax increases, and their potential impact on prices and employment, begin to filter through into the economy.

8.30am GMT: Eurozone, France, Germany, Italy HCOB Construction PMI for December

9am GMT: Italy Unemployment rate for November (previous: 5.8%)

10am GMT: Eurozone inflation for December flash (previous: 2.2%, forecast: 2.4%)

10am GMT: Eurozone unemployment rate for November (previous: 6.3%)

1.30pm GMT: US Trade for November

3pm GMT: US ISM Services PMI for December

3pm GMT: US JOLTs Job Openings for November

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