Advertising revenue surged last year at social media firm where average staff pay rose to £262,000
Facebook’s UK operations paid £29m in corporation tax last year despite reporting a record £3.3bn in sales, while its average staff pay rose to £262,000.
The social media company’s latest accounts for its London-based arm show that gross income from advertisers surged by more than 37% last year from £2.4bn to £3.3bn.