Valve is considering the viability of opening an office in the U.K., states Develop in an unconfirmed report, saying the studio is attending the Develop Conference this week "and has been sharing its plans with some attendees." They also say Valve recently opened a small office in Luxembourg to assist with European wheeling and dealing (and/or operate as a tax shelter), adding "UK developers could also work at its Seattle office or in a newly set up Luxembourg studio." They don't get into what the goals might be for such an expansion.