UK firms in top 15 wealth creators

There
are five UK companies among Europe’s top 15 wealth creators according to new
league tables published by the DTI.

Shell,
BP, HSBC, GlaxosmithKline and BT are all in the top 15 and a total of 24 UK
organisations are included in the top 100 on the DTI’s Value Added Scoreboard.

Trade
and Industry Secretary Patricia Hewitt said: "Today’s value added
scoreboard shows that where companies invest in plant, in skills training, in
R&D and in fresh and innovative products, they can compete successfully
against the best in the world."

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

Email(Required)

OptOut

From time to time, we will send you emails about selected products, events and services from Personnel Today - but you can choose to opt-out at any time. If you do not wish to receive these emails, please tick this box.

Instagram

This field is for validation purposes and should be left unchanged.

Δ

The
scoreboard measures wealth as value added – sales less the cost of bought-in
materials, components and services. The value added figure represents the
wealth created to pay employees and shareholders, invest in future success and
pay taxes for investment in public services.

By Ben Willmott