During the dark days of the pandemic, Meta boss Mark Zuckerberg made hay. With internet users across the world confined to their homes and phones, usage across his platforms — Facebook, Instagram and WhatsApp — soared, and he went on a hiring spree.
Between 2019 and 2022, the UK workforce of the Silicon Valley-based Meta swelled from 2,700 to just over 7,000 in a swashbuckling period of expansion.
• Facebook’s UK arm paid less tax on bigger profit
Then, reality began to bite. In the summer of 2022, as the world entered darker economic times and turbulence hit Meta’s all-important advertising business, Zuckerberg, 40, started to realise that Covid-era growth could not be sustained.
Over the rest of that year, and into 2023, Meta axed
Prime Minister visits Cammell Laird after announcing huge rise in defence funding15:53, 06 Mar 2025Updated 17:27, 06 Mar 2025Keir Starmer talks during a Q&A
The company will expand its presence at its key technology hubs in London, Birmingham, Newcastle, Manchester, Edinburgh and Belfast
In his statement to parliament last week, Keir Starmer pledged £13.4bn more spending on defence from 2027, rising to 3% of GDP in the next parliament. This add
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