International Corporations Remain Committed to the U.K.
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.
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.