Google is to invest £730m in expanding its office space in London, paving the way to increase staff numbers in the UK by more than 50%.
The technology giant is to buy the Central St Giles site it already occupies and refurbish the building.
This will include providing meeting rooms for hybrid working and outdoor covered areas for people to work in the fresh air, in response to the coronavirus pandemic.
Google is buying the building it already occupies at Central St Giles and will refurbish the block
Search giant to have capacity for 10,000 employees
The investment comes alongside a new development being built for the company in King’s Cross.
Google said the move means it will have capacity for 10,000 employees in the UK. It currently has more than 6,400 staff across the country.
Senior vice president Ruth Porat said: “We have been privileged to operate in the UK for nearly 20 years, and our purchase of the Central St Giles development reflects our continued commitment to the country’s growth and success.
“Our focus remains on creating flexible workspaces that foster innovation, creativity and inclusivity.”
Sunak: Tech sector will help drive pandemic recovery
Chancellor Rishi Sunak said: “This investment in jobs from Google is a big vote of confidence in the UK as a world-leading tech hub.
“It is also proof that this country continues to be one of the most attractive places in the world for leading firms to grow their business.
“The tech sector will play a pivotal role in our future economy and help drive forward our recovery from the pandemic, and we are committed to creating the right environment to ensure it continues to thrive.”
Sadiq Khan says the investment is ‘fantastic news’
London’s mayor Sadiq Khan added: “Google’s latest investment in London is fantastic news sending a clear message that our capital is a global draw for investment, business and talent.
“This will help London maintain its position as a world leading technology hub.”