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LinkedIn is reported to be planning a new 50,000 sq ft headquarters for its online networking business at 77-91 Oxford Street in London.

LinkedIn, the US online networking firm, is reported to be considering plans for an 80,000 sq ft office at 21 Bloomsbury Street in London.

LinkedIn Europe, the online business networking firm, is setting up a 7,400 sq ft office at 17 Gresse Street in London's West End.

LinkedIn has secured a £27m cash injection for its internet networking operations in Europe, including the expansion of its London office and the creation of 20 jobs.