Twitter pays £1.24m in UK tax as revenues increase by 30.5%

Twitter UK's 163 staff get 12.5m in shares as company reports revenues of 76m last year, but analysts say figure is much higher

Twitter's British operation paid 1.24m in tax last year as staff enjoyed a 12.5m shares windfall.

The US technology company, which is the subject of rumours of a potential acquisition by Google, Disney or computing company SalesForce reported a rise in UK revenues of 30.5% to 76m in 2015, well short of the 135.7m that it made in Britain, according to estimates from analysts at eMarketer.