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The 20 Biggest UK Companies by Market Cap

companies in uk

As we know, Avon Products, Inc. trusted a chunk of its manufacturing operations into offshore destinations, which may include the Philippines. The person or company providing your outsourced solution may have other clients or projects that take priority over yours at times. This could result in slower response times or worse service than expected if they are overloaded with work for other clients or projects at the same time as yours. Many employers have chosen to outsource the tasks that are more cost-effective and efficient to other countries, such as India and China. Outsourcing in UK companies works by hiring third-party companies to carry out tasks that are not core to your business operations.

As a trader, they will all be relevant to us, having large impacts on their industries and the markets. These UK companies are far from the size of some of the US giants, but there are still five with a market capitalization of over $100 billion. These companies are all listed on the London Stock Exchange and part of the FTSE100, which tracks the largest 100 UK stocks.

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This leaves it in competition with other large, diverse companies such as Johnson & Johnson and Nestlé. HSBC aligns its business into three specific groups – wealth and personal banking, commercial banking, and global banking and markets. In each of these areas, it serves different types of customers, ranging in scale and background, from average individuals to large companies.

companies in uk

The resulting public anger continues unabated, despite promises by the water companies that they will make record investments to fix the problem. Many companies have been running ratios of debt to capital value of more than 80% forcing them to seek equity injections to keep the business afloat. Ofwat has overseen three such equity injections into Thames Water, Anglian and Southern Water, while also warning of the low levels of financial resilience of companies including South East Water and Yorkshire Water. Signs of the precarious financial situation that many privatised water companies have put themselves in have been clear for many years, as they loaded up debt to pay dividends. The sound of doors creaking closed long after the horses had bolted was hard to ignore when the regulator Ofwat this year unveiled new powers to stop water companies paying dividends if it would harm their financial resilience. The Business List UK Sector vs Company Size chart shows the diversity of the sectors in the UK economy.

Standard Chartered Plc

It is the largest tobacco company in the world, based on net sales, which was founded in 1902 and headquartered in London. BAT operates in 180 countries worldwide and has secondary listings on the Johannesburg Stock Exchange, as well as the NYSE. Some of its cigarette brand names include Lucky Strike, Pall Mall, Kent and Dunhill, and its reduced-risk products include vapours and oral pouches from Vype and Glo. AstraZeneca is the biggest UK company by market capitalization and also one of the largest multinational pharmaceutical and biotechnology companies in the world, with their headquarters in Cambridge, England. They were formed in 1999 through the merger of Swedish and English pharmaceutical companies and have continued to grow since.

Its headquarters are located in the UK, but it does have a subsidiary located in the USA while performing its operations in over 60 countries. It is the largest bank not only in the UK but in Europe, with €2.681 trillion of assets as of 2022. Last year, water companies in England alone sent sewage into rivers and the sea 301,091 times, or an average of 825 times daily, government data found. Other companies in the sector also face financial strain owing to high inflation, surging energy costs, and steeper interest rates on debt payments. That led ratings group S&P to give a negative outlook to two-thirds of the U.K.-based water companies it rates, especially since more than half of the debt on average is impacted by inflation, the Financial Times reported. Another company, Southern Water, had to be saved from bankruptcy in 2021 by Macquarie and regulator Ofwat.

Largest companies in the United Kingdom based on revenue in 2022

The company providing your outsourced service might not have expertise in all areas required by your company’s needs — or they might be able to handle only certain aspects of them (for example, finance but not marketing). The Philippines’ outsourcing services help companies on the other side of the world expand their businesses while saving almost 70 percent on employment costs. In addition, these companies get to enjoy the Philippines’ top-notch talent and wide pool of dedicated professionals. For years, no one knew about the raw sewage pouring into rivers, but now they certainly do.

Avon Products, Inc. is a network marketing company that deals with beauty, personal care, and household products for both men and women. The UK company’s wide range of products includes food, beauty products, cleaning agents, pet food, personal care, and more. Unilever is one of the world’s leading consumer good companies, owning over 400 brands that are available in over 190 countries. The British multinational insurance company has been providing financial security, life insurance services, and mutual funds operations around the world for over 170 years.

AstraZeneca (LSE:AZN)

This growth has been helped by their multiple acquisitions, for example, Cambridge Antibody Technology and Spirogen. Standard Chartered is a multinational banking and financial services company with over 1200 branches and outlets in 70 countries around the globe. Formerly the British Petroleum Company, BP is an oil and gas company whose headquarters are located in the UK. It is the world’s fourth-largest oil company in terms of revenue as of 2020, but the company’s market cap has seen a significant decrease over the last 15 years. Much like Shell, it is one of the world’s seven oil and gas ‘supermajors’ and is also vertically integrated, operating in all areas of the oil and gas industry. Lloyds Banking Group is one of the leading financial services companies in the UK.

  • When we could not find revenue from the company reports, we used data from Forbes Global 2000 or Global Database.
  • However, these losses were partially offset by lower operating expenses, which were 19% lower than in 2019.
  • This increase was mainly down to Shell combining its two shares (A and B) in January 2022 from their Dutch and British operations in an effort to ‘simplify’ the company.
  • Prudential Plc is a British company that provides life and health insurance in Asia and Africa.
  • Environmental groups have blamed water companies for failing to invest enough in infrastructure, and further outrage followed when investors and executives were paid dividends, large salaries, and bonuses instead.

As APAC markets account for more than 35% of total revenues, Royal Dutch Shell may be looking towards a more hopeful year, due to the re-opening of the markets. 2020 was a challenging year for the oil and gas industries, as global demand for oil fell due to restrictions on travel and industrial activity. The company has been at the centre of several major environmental incidents, including the Deepwater Horizon oil spill. As a result, BP is now expanding its renewable energy interests in biofuels, wind power and solar technology, so this may be a company to look out for, given the increasing demand for renewable energy sources. The UK company offers a wide scope of transaction banking, financial markets, and corporate finance services. Prudential Plc established various offices and acquired rapidly growing businesses in the Philippines.

SSE PLC – Annual Results – Revenue and Net Income – in Million GBP:

The firm’s offices took care of not only the company’s back-office operations, but also helped with their sales and marketing functions. The financial services sector is yet another example of outsourcing in the United Kingdom. In this sector, back-office operations like as accounting and data entry are frequently contracted out to third-party suppliers. In its last annual report, South East water warned of its financial precipice as interest rates and inflation soars “making delivery of services … more challenging”.

BP is one of the world’s seven oil and gas ‘supermajors’​, founded in 1902 and headquartered in London. Formerly known as The British Petroleum Company, it undertakes activity in all areas of the oil and gas industry, including exploration, refining, distribution, marketing and trading. BP has more than 180,000 service stations in locations worldwide and produces more than 3.8m barrels of oil each day. The company is also listed on the Frankfurt Stock Exchange and NYSE and was featured in the Forbes Global 2000 in 2020, which measures the largest public companies in the world.

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