Google Commits to Large UK Investment Plan
Google has announced plans to open a new headquarters in London. It is proposed to create 3000 new jobs by the year 2020. Chief executive officer Sundar Pichai told the BBC that the UK was still a positive place to do business.
Google presently employs approximately 4000 people in the UK. By 2020 it is predicted this number will swell to 7000. This means that King’s Cross, the present location where Google operates, will more than double in size. Pichai reported, “The UK has been a tremendous market for us. We see big opportunities here. This is a big commitment from us – we have some of the best talent in the world in the UK and to be able to build great products from here sets us up well for the long term.”
There were fears among many companies, before the referendum that Britain voted to leave the European Union, that foreign investment would be affected. Questions were also raised over whether Google would commit to the new 650,000 new building. However, Pichal explained that the strength of the UK economy went far beyond the Brexit vote. Pichal said, “The innovation we see here, the talent we have available here and how on the cutting edge of technology we are able to be here makes it an incredible place for us to invest. We do value how open and connected it is and we can being in talent from anywhere in the world and we value those attributes and we are optimistic that those will stay true over time.”