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UK companies 'top Europe wealth list'

Discussion in 'General Discussions and Lounge' started by temi, Jun 9, 2008.

  1. temi

    temi Facilitator Webmaster

    Large UK-owned companies are outstripping their European rivals when it comes to creating wealth, a study has concluded.
    Banks and oil firms topped the 2007 Value Added Scoreboard research by the Department for Innovation, University and Skills (DIUS).
    It measures wealth by valuing a firm's sales, minus the cost of its bought-in goods and services.
    About 23% of "added value" by Europe's top 750 firms came from the UK.
    Germany was the next most productive country, making up 19.7% of the total, with France (18.5%) in third place.

    source: bbc
  2. sums123

    sums123 New Member Webmaster

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