In a massive boost to the UK tech industry, Facebook has announced plans to expand its London office.
What you were told: ‘Brexit could devastate UK tech industry’.
What’s actually happening: ‘Facebook to open new 600,000 square foot offices in London’.
Project Fear liars wrong about everything. https://t.co/OhG5h7IBnO
— Michael Heaver (@Michael_Heaver) 24 July 2018
The social network said on Monday it had signed a deal to double the area of office space it occupies in London after acquiring 600,000 square feet. The deal allows it to provide desks for up to 6,000 employees in the UK, compared with its projected workforce in the country of 2,300 by the end of this year.
Steve Hatch, Facebook’s managing director for northern Europe, said the decision demonstrated tge company’s commitment to investing in Britain.
“The UK is one of the best places in the world to be a technology company and we’re investing here for the long term,” he said. Politicians, who have been eager to prove that the UK can continue to attract internationally minded technology companies after Brexit, welcomed Facebook’s announcement.
“This is another vote of confidence in our economy,” said Jeremy Wright, secretary of state for digital, culture media and sport. Sadiq Khan, London mayor, added: “We welcome Facebook’s long-term commitment, which is further evidence that London is open for business and a world-leading destination for major tech companies.”