FT to look for new HQ, hire more staff

The Financial Times will look for a new headquarters in London and will hire more staff following its acquisition by Nikkei, reports Jasper Jackson of the Guardian.

Jackson writes, “FT Group chief executive John Ridding said the FT would have had to look at new offices even if it still owned the No 1 Southwark Bridge building, but the change of ownership would provide an ‘opportunity’ to find more appropriate accommodation.

“‘Independent of this deal we’ve been thinking about a more appropriate, more dynamic, more digital media-appropriate environment,’ he said. ‘We are in need of a new base where frankly we can bring to bear the kind of set-up a lot of news organisations enjoy. We see this as an opportunity.’

“The FT moved to No 1 Southwark Bridge in 1989 from Bracken House in Cannon Street, where it had been since the 1950s.”

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