Eyebrows Raised Over Twitter's Laughably Low £16,500 UK Profit

By Gary Cutlack on at

Twitter has finally filed its UK accounts after a bit of a delay, claiming to have made a profit of only £16,500 from its new UK office. To be fair, Twitter only started trading in the UK in May of 2011 with a skeleton staff of hipsters huddled around a hot-desk in London's Silicon Roundabout tech zone, so the figures might be genuine and not just another massive tax dodge. No need for a boycott and mass exodus just yet. [Guardian]