The CEO of Google, Sundar Pichai, has confirmed the technology giant will open a new headquarters in London, in a move which could see 3,000 new jobs created.
The announcement, which involves building extensive headquarters next to Google's current site in Kings Cross, is positive news for Britain's post-Brexit prospects and further secures London's position as a key global digital hub and innovation leader.
In a speech delivered at Google’s London office this week, Sundar said: “Here, in the UK, it’s clear to me that computer science has a great future with the talent, educational institutions, and passion for innovation we see all around us. We are committed to the UK and excited to continue our investment in our new King’s Cross campus.”
London's mayor Sadiq Khan welcomed the announcement, saying: “This is a vote of confidence in our great city – creating high-skilled jobs, supporting growth and demonstrating that London is open to business, new investment and talent from around the globe.
“London is one of the world’s leading technology hubs and investment into the capital post-Brexit remains robust, so Google’s expansion will further strengthen our city’s reputation as a global leader in digital technology.”
Beavis Morgan – specialist advisers to the tech sector
Being centrally located within walking distance of “silicon roundabout”, our business experts at Beavis Morgan specialise in working with entrepreneurial people in the tech sector, helping them set up and run their own businesses and guiding them through each stage of the process, whilst navigating the challenges and advising them in making the right decisions both now and for the future.
Whether you are a local or international investor, we are also able to identify and review potential business targets on your behalf, as well as undertake due diligence, deal structuring, advise on efficient tax planning, and provide a comprehensive range of professional services to help you make the most of your investment.
To find out more about how we can assist, contact Steve Govey or your usual Beavis Morgan Partner.