The Wall Street Journal breaks the news on a big Apple move in London.
Silicon Valley giant Apple Inc. said Wednesday that it planned to relocate 1,400 employees to a new London campus in 2021, in a sign that international corporations remain committed to the U.K. after June’s Brexit vote.
Its new offices will be in Battersea Power Station, an iconic former coal-fired plant featured on the cover of Pink Floyd’s 1977 album “Animals” and in the 2008 Batman film “The Dark Knight.”
U.K. Treasury chief Philip Hammond said Apple’s new campus reaffirmed both Britain’s business environment and London’s tech leadership.
Battersea Power Station is itself part of a bigger project called Nine Elms, on a 480-acre site along the riverbank. Cranes and other construction machinery dominate the area, where the U.S. is set to finish its new embassy later this year. Plans also include 20,000 new homes, schools, parks and a new subway station.
Apple To Establish London Flagship At Battersea Power Station | CNBC
Latest posts by Dick Young (see all)
- Crisis at Vanguard: Part I - June 19, 2018
- Put the Odds on Your Side - June 15, 2018
- When Investing, It’s Better to be a Leper than a Lemming - June 8, 2018