The Malta Business Weekly

Facebook creates 800 jobs as it opens new London office

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Facebook is opening a new London office that will allow it to create 800 new UK jobs in 2018.

By the end of next year about 2,300 people will work for the social media company in the UK.

The office will be Facebook's biggest engineerin­g hub outside the US, and opens during its tenth year in the UK.

Nicola Mendelsohn, Facebook's Europe, Middle East and Asia vice-president, said the company was "more committed than ever to the UK".

She said Britain's "entreprene­urial ecosystem and engineerin­g excellence" made it an ideal location for technology firms.

The seven-floor building at Rathbone Place, near Oxford Circus in central London, was designed by Frank Gehry, the architect best known for the Guggenheim Museum in Bilbao.

It will accommodat­e engineers and developers as well as marketing and sales teams.

The building will also house a dedicated incubator space for start-ups, called LDN-LAB.

UK-based start-ups will be invited to take part in three month programmes designed to help kickstart their businesses.

Facebook experts from discipline­s including engineerin­g, product and partnershi­ps will work with the companies as part of the initiative. Image copyrightP­A Julian David of techUK, which represents 950 technology firms in the UK, welcomed a worldleadi­ng company such as Facebook investing in London despite the uncertaint­ies surroundin­g Brexit.

Chancellor Philip Hammond said Facebook's decision to expand in London was a "sign of confidence" in Britain.

"The UK is not only the best place to start a new business, it's also the best place to grow one," he added.

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