News

Google to invest in Kings Cross office?

Reports claim Google is looking at a new 700,000 sq ft office space in the heart of London.

14 Mar 2011

Google is set to expand its presence in the UK's capital city, according to reports.

The internet giant is looking at taking on new office space in London's Kings Cross, measuring 700,000 sq ft, claimed a report in the Daily Telegraph.

It is thought Google will rent half of the space and pay-out 200 million for the remainder.

Google currently has 121,500 sq ft of office space in Victoria, so an investment in a location almost six times the size would hint at a large expansion of its UK operations.

However, when IT PRO contacted Google for confirmation of the move, a spokesperson merely said the company did not comment on speculation.

Back in January, out-going chief executive, Eric Schmidt, visited Downing Street to discuss creating an innovation hub in London's upcoming Silicon Roundabout area a project launched by Prime Minister David Cameron in November 2010.

That wasn't the only proposal on the table and the conversation was confirmed to have covered the wider subject of how Google could help with "economic growth" across the nation, along with "the role technology [could] play" in helping with the recovery.