Facebook to pay just £5m tax bill despite sales quadrupling in the last financial year

SOCIAL media giant Facebook’s UK arm paid just £5.1million in corporation tax last year despite sales rising from £210.7million to £842.4million. The massive increases came after the firm’s London-based operation chose to sell ads to “large UK customers” from last April. UK ad revenue has increased significantly since Facebook targeted big business Facebook had previously […]

Britain’s Got Talent, Coronation Street and Towie could vanish from Virgin Media as ITV ‘demands MILLIONS to stay on cable network’

ITV could vanish from Virgin Media unless the cable company coughs up tens of millions of pounds, it has been claimed. The channel’s chief exec Adam Crozier this week hinted at the prospect at a conference in London as negotiations continue over the channels running on the Virgin TV platforms. Fan favourite shows like BGT […]

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