INDUSTRY NEWS

Google lease London office as part of Innovation Hub initiative

Search engine giant Google has announced the leasing of London office space. Located in Bonhill Street, the seven-story property is set to provide London’s developing technology centre, dubbed by many the “Silicon Roundabout”, a significant boost.

The Silicon Roundabout initiative has received plaudits from Prime Minister, David Cameron amongst others.

As part of the Innovation Hub initiative, Google will offer the office space to new start-ups, also providing assistance.

Google, according to BBC News, have stated that the building will play host to “a range of activities, such as speaker series, hackathons, training workshops and product demonstrations,” as well as providing new companies with an area to work.

Despite leasing this new building, the firm, based in California, has also moved to quash rumours of relocation plans for their current central London-based, UK headquarters.

The new facility, located in East London is expected to undergo a significant refurbishment before opening its doors in 2012.

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