Amazon HQ could be just the start as London’s City
AMAZON.COM is expanding the size of its new UK headquarters to support the growth of its Prime Video service in Europe.
The world’s largest online retailer will occupy the entire 15 f loors of the newly constructed tower on the edge of the City of London, after initially having planned to only take 11. The additional space will house 450 new research and development recruits for its on- demand movie service.
“The UK is a fantastic place to find talent and we feel good about building a global R& D centre here,” Doug Gurr, head of Amazon’s UK business, said at the opening of the site.
“We’re very confident we’ll be able to recruit everyone we need.”
Amazon joins a list of large US tech firms, including Snap, Facebook and Google in doubling down on London expansion plans ahead of the UK’s departure from the European Union. As investment banks plot relocating some operations away from the City of London, landlords are overhauling workspace historically occupied by financial firms in a bid to attract tech companies.
Amazon is expanding its space in the new building, which features a roof garden and is surrounded by new cafés and restaurants, amid nervousness in the property market created by uncertainty over the nature of the UK’s divorce from the EU.
‘You might see some banks and similar institutions run into problems — anything that hasn’t been updated in a few years is going to have issues’