Christopher North, the managing director of Amazon.co.uk, said Amazon has invested more than £1bn into the UK, as well as paying delivery firms £1bn over the past five years and handing over £500m in VAT to the Treasury in the past year.
In an interview with The Daily Telegraph, Mr North also defended Amazon’s tax policy as “very clear and very consistent” but accepted that the company “perhaps haven’t done enough to tell our story”.
Mr North said: “What I am convinced of is that what we are doing is really good for the UK.”
Amazon revealed on Thursday night that global third-quarter revenues rose 24pc to $17.09bn, while losses narrowed to $41m from $274m in the same period last year.
Amazon arrived in the UK in 1998. It now has revenues of more than £4bn and employs 6,000 permanent staff.