Software giant Adobe invests £63.5m in UK as creative sector booms
Adobe will invest £63.5m in its UK operations and increase its workforce by over 20 per cent over the next three years, the company said today.
The investment is the latest British expansion by the US-based software company, which has grown its UK workforce by 30 per cent in the last two years.
The Department for International Trade (DIT) said the injection will benefit creative businesses that currently use the company’s software and will drive economic growth.
Adobe vice president for northern Europe, Gavin Mee, said: “Adobe is the global leader in creativity, providing the creative platform for all, and the UK is a critical market for our business growth and innovation.
“Recently, we’ve grown our workforce, opened a new office in Shoreditch, and we are committed to furthering our investment in the UK and the impact it will drive across the economy.”
Figures released yesterday revealed the value of the country’s creative industries rose to £101.5bn in 2017, growing at nearly twice the rate of the UK economy.
“We are already Europe's leading tech hub, with the talent, environment and entrepreneurship that businesses want, so it is great to see Adobe creating even more high-skilled jobs and investing here,” said Jeremy Wright, secretary of state for Digital, Culture, Media and Sport.
Adobe currently has offices in Shoreditch, Maidenhead and Edinburgh.