Google has confirmed plans to expand its presence in London, in a move which could bring up to 3,000 new jobs to the King's Cross region.
The advertising giant is, it would seem, taking advantage of the pound sterling's relative weakness to double-down on its UK efforts. As a result, the company's King's Cross site is to get significantly bigger: it is to build and open a new 10-story tower block with a million square feet of office space to house 7,000 staff, up from the estimated 4,000 staff currently in its King's Cross campus.
'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,
' claimed Google's chief executive Sundar Pichai of the move, as part of his first visit to the UK since taking over the role. 'We are committed to the UK and excited to continue our investment in our new King’s Cross campus.
The Financial Times
reports Google's move as the latest in a string of technology companies investing in London, including Amazon's building of a 500,000 square foot facility in Shoreditch, Apple's similarly-sized Battersea headquarters project, and Facebook's move to London's Fitzrovia district.
Google has confirmed that construction of the new facility will begin in 2018, though has not offered a date for its opening.