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Snapchat Is A Political Victory For UK In Global Tax Row

It's hard to imagine staff being persuaded that the postage stamp piece of sand on the South Bank of the Thames is a decent substitute for one of LA's most glamorous neighbourhoods. Still, that hasn't stopped the mobile-messaging app from choosing London as its new international base, and in a further boost, the firm will book all sales made outside the US through its new UK base.

Read the whole story at The Telegraph »

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