Amazon versus brick-and-mortar booksellers: who’s better for the economy?

News of Amazon’s seasonal hiring of 20,000 temporary workers, reported in various UK news outlets this autumn, is generally heralded as good news for job seekers. The company is expanding. Surely good news all around?

Yet, in light of Amazon’s recent massive reduction in its corporation tax and repeated reports of poor working conditions in its fulfilment centres, one has to wonder if Amazon is all that good for the British economy. A recent report by the Centre for Economics and Business Research (CEBR) suggests that the UK’s brick-and-mortar booksellers, the retail outlets most at risk from ‘Amazonisation’, might be making a far greater contribution than the online retail giant.

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