Chief executive Dan Heintzelman said that “London was selected as the new headquarters location given its position as a leading international business and travel hub”.

“From this location, a team of leaders from our global support functions will be able to more efficiently reach and serve our colleagues and businesses globally,” he added.

The engineering outfit became a separate subsidiary of New York-listed General Electric late last year as part of a breakup of the previous mid-level unit GE Energy that was formed out of GE Infrastructure in 2008.

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