News 16 November 2016
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Author: Abby

Google are investing £1billion into the UK

Author Abby
16 November 2016
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Google is set to open new headquarters in King’s Cross London, creating another 3,000 jobs by 2020 thanks to a £1billion investment. 

Despite many businesses fears that Britain leaving the European Union would mean a lack of foreign investment, Google are confident that the strength of the UK economy will ought weigh the effects of the Brexit vote. 

Sundar Pichai, the chief executive of Google, told the BBC, “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.”

“We do value how open and connected it is and we can bring in talent from anywhere in the world and we value those attributes and we are optimistic that those will stay true over time,” he said, before adding, “So we did [make the investment decision] taking into consideration [the referendum], but we are very optimistic.”