Google commits to post-Brexit UK with major London investment

  • TECH
  • Wednesday, 16 Nov 2016

What Brexit?: Google's first wholly owned and designed building outside the United States will increase its presence in London.

LONDON:  Google delivered a vote of confidence in London's future as a technological hub after the Brexit vote on Tuesday by announcing plans for a new building in the King's Cross area of the city that will house thousands of extra engineers.

Google's chief executive Sundar Pichai said computer science had a great future in Britain, citing the talent pool, educational institutions, and passion for innovation present in the country.

"That's why we are investing in London in both engineering talent and infrastructure," he said.

The 10-storey building, Google's first wholly owned and designed outside the United States, will increase its presence in King's Cross to more than one million square feet, enough for more than 7,000 employees in total, the company said.

Google has 5,700 employees and contractors in the UK, including about 2,000 engineers housed in the recently opened building in King's Cross where Pichai announced the expansion.

Pichai, who became CEO in October 2015 when parent company Alphabet Inc  was created, said he was optimistic about Britain's future, despite the uncertainty caused by June's vote to leave the European Union.

"Historically, the UK has been an open and connected economy, and like a lot of businesses we are proud of and rely on the fact that we recruit the best talent from around world," he said. "We are optimistic that this situation will continue."

"We understand there is uncertainty and even concerns about topics like Brexit and the pace of technological change in our times, but we know for certain that web and digital technology will be an engine of growth for the UK for years to come."

British Finance Minister Philip Hammond said the investment showed leading firms were still choosing to invest in Britain, while the Mayor of London Sadiq Khan said inflows remain "robust" post-Brexit.

"London isn't just the tech capital of Europe, we are on the shoulder of New York and we are catching up with Silicon Valley," Khan said at the event.

"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."

Pichai made reference in his speech to another event that exposed a division in a western society: the US election.

"Recent events, including the election in the US, have clearly surfaced challenges with inequality and people feeling marginalised," he said.

These were "long-term and difficult" problems to solve, he said, but it was his hope that Google would play a constructive role in addressing some of these challenges.

The company, along with Facebook, on Monday announced measures aimed at halting the spread of "fake news" on the internet by targeting how some purveyors of phoney content make money: advertising.

The shifts comes as Google, Facebook and Twitter Inc  face a backlash over the role they played in the US presidential election by allowing the spread of false and often malicious information that might have swayed voters toward Republican candidate Donald Trump, who won the Nov 8 vote. —  Reuters

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Next In Tech News

Amazon raises minimum pay in Germany to 12 euros per hour
Toshiba board to hold emergency meeting on Sunday, sources say
Bitcoin falls 5.71% To $35,210
Clean-energy giant Invenergy suffers hack claimed by REvil
Google Chrome security flaw: Here's why you need to update Chrome on your computer and Android smartphone right away
Meet Vivaldi, the all-in-one browser for surfing the web, managing email and RSS feeds
Are you affected by the biggest password leak in history? Here's how to check
Microsoft Outlook lets users dictate emails, schedule events with their voice on iOS and Android
Apple tightens rules after Justice Department targeted U.S. lawmakers
Breaking up Big Tech in focus as new U.S. antitrust bills introduced

Stories You'll Enjoy