Snapchat Headquarters in Britain, Rolls Royce Rolls Back on Brexit Scares

Snapchat today makes London its main hub outside the US and announces it will book all its non-US sales in Brexit Britain. Remainers had predicted the UK tech sector would be hit particularly hard by leaving the EU, but Claire Valoti, general manager of Snap Group in the UK, said:

“We believe in the UK creative industries. The UK is where our advertising clients are, where more than 10 million daily Snapchatters are, and where we’ve already begun to hire talent.”  

Meanwhile, car-maker Rolls Royce U-turned on its pre-Brexit plans to leave the UK, instead confirming its commitment to its West Sussex HQ. A letter from CEO Torsten Müller-Ötvös leaked to the Guardian last year said Brexit would affect the firm’s “employment base”, but now he says:

“Success for Rolls-Royce is success for Great Britain and we reaffirm our commitment to maintaining the home of Rolls-Royce in the UK.

Brexit Britain: A booming tech and design hub…




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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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