Amid a barnstorming results season, we need to talk about big tech and tax

There’s nothing wrong with big tech being rewarded for creating services that have often been invaluable during the pandemic, but the scale of those rewards has become obscene, writes James Moore

Tech companies have boomed during the pandemic as locked-down people have sought connectivity (AP)

It’s time big tech and its contribution to the world’s pandemic recovery was debated with more urgency.

The latest batch of the results explain way. Lockdown time has been party time for this industry, its executives and its shareholders.

Last week saw Apple reporting first quarter results in which the company vaulted the $100bn sales barrier for the first time, and with a lot of clear air. The group took in $111bn (£81bn), up 21 per cent when compared to the same quarter last year.