Various government departments spent a whopping £489,329 in 20014–15 on adverts with Facebook in the UK. In return the…

Various government departments spent a whopping £489,329 in 20014–15 on adverts with Facebook in the UK. In return the multi-billion dollar company gave the public purse £4,327, a lot less than most people in the UK paid in tax for the same period.

Astonishingly, Facebook claimed they only needed to pay this amount because they recorded a £28.5 million loss overall in the UK. However, they still managed to splash out £35million in share bonuses to staff.

Government pays Facebook 113 TIMES more for adverts than company pays in taxes (viaiamdanw)