Feb 022016
 

google most valuable company

Google has become the world’s most valuable listed company after announcing that its global revenues rose 13% to $75bn (£52bn) last year, and the group’s tax rate fell to just 17%.

The group took a record $1.9bn of revenues from its UK customers for the last three months of 2015, up 16% on 2014 – and all routed through its controversial tax structure in Ireland. But for the impact of the pound weakening against the dollar, UK revenues would have been up 20%.

Contributed By Sonia Narula

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