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London Mayor Meets With Big Tech To Talk Trade

 |  May 12, 2022

London Mayor Sadiq Khan is meeting with Silicon Valley technology leaders as part of a trade mission and U.S. tour to boost London’s tourism and technology industries.

He will be joined on his San Francisco area visit by 11 London-based founders of women-led tech firms eyeing investment and expansion opportunities in the U.S., according to a press release on Tuesday (May 10).

Khan will speak with the heads of Google, LinkedIn and others and will visit the Silicon Valley headquarters of global innovation platform Plug and Play, which is opening its first U.K. offices in both London and Warwickshire.

Facebook, Google, Apple, Netflix, Amazon, Microsoft, LinkedIn, Snap and Stripe are all expanding their office space and workforce in London, per the release.

The visit comes as new research commissioned by London & Partners — a company that promotes the City of London — showed that record global investments for London tech companies came from the U.S. over the past five years.

London and the Bay Area were the top two hubs for FinTech, the study showed, receiving more capital than all other global cities, including New York and Singapore.

From 2017 to 2021, London attracted 251 new tech investment projects from the U.S., creating almost 9,000 new jobs. Singapore had 154 tech projects, Bangalore had 121, Dublin had 121, and Paris had 115 tech projects.

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