The Biggest UK Companies by Market Cap 2023

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The exchange suffered a similar issue in mid-October which halted trading in the shares of small companies for more than an hour and forced it to close early. “The executive board’s focus is to provide an attractive, long-term listing for TUI AG which aligns with its ownership and current liquidity and delivers benefits to all shareholders,” the company said. AstraZeneca PLC is an Anglo–Swedish multinational pharmaceutical and biopharmaceutical company. Given its sales, HSBC Holdings ranks #6 on our list of 25 Largest British Companies by Revenue. Ernst & Young Global is a leading consultancy with headquarters in London, England. For 2021, the company’s global sales rose 7.3% year over year to $40 billion.

  • GlaxoSmithKline (GSK) is a science-led global health company, which researches, develops and manufactures pharmaceutical medicines, vaccines and healthcare products.
  • All companies are listed on the London Stock Exchange and are constituents of the FTSE 100 stock index.
  • BAT operates in 180 countries worldwide and has secondary listings on the Johannesburg Stock Exchange, as well as the NYSE.
  • Until 2020, Unilever was headquartered in both the UK and the Netherlands.

SSE plc is involved in electricity generation, transmission, distribution, and supply, utilizing sources like water, gas, coal, and oil. They distribute electricity to around 3.8 million locations in Scotland and southern England and manage high voltage transmission systems in northern Scotland. Additionally, SSE plc produces and supplies gas and engages in utility contracting, telecommunications, energy trading, insurance, and property businesses. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Reckitt Benckiser Group plc

SSE is a utility business that services customers in the United Kingdom and Ireland. Its headquarters are in Perth, Scotland, and it was originally known as Scottish and Southern Energy. In https://forex-review.net/ 1988, Scottish Hydro-Electric and Southern Electric merged to create the company. Despite this, Tesco remains one of the most important companies in the UK, employing over 230,000 people.

  • Since then, it has remained one of the largest pharma companies in the world and it was at the forefront of the drive to develop a Covid-19 vaccine.
  • The number of large companies in the UK is an indicator of its overall economic performance.
  • HSBC caters for commercial banking, global banking and investments, retail banking, private banking and wealth management services.

BP, another oil supermajor, has been one of the top ten largest corporations quoted on the LSE for many years. Initially known as the Anglo-Persian Oil Corporation and then British Petroleum, the firm is now known simply as BP and is also amongst the world’s top ten energy producers ranked by revenue per second. It was established in 1999 by merging Sweden’s Astra AB and the British Zeneca Group.

Largest companies in the United Kingdom based on revenue in 2022

Please ensure you fully understand the risks involved by reading our full risk warning. BP PLC, formerly The British Petroleum Company and BP Amoco, is a multinational oil and gas company. The London Stock Exchange Group is a stock exchange and financial information company. Founded in 1801, it operates the main stock exchange of the United Kingdom, and the Italian stock exchange, Borsa Italiana. Calculated from the stocks of the 100 largest corporations by market capitalization listed on the LSE, the FTSE is a capitalization-weighted index where larger companies are weighted more heavily in the index. It represents around 70% of the total market capitalization of the companies listed on the London Stock Exchange.

British American Tobacco (£57.36 billion)

Since the easing of restrictions throughout 2021, Diageo appears to be back on track with pre-pandemic levels. Most of the biggest UK companies are considered to be of blue-chip status, which are defined as https://forexbroker-listing.com/ companies that were established many years ago and have a large consumer following, as well as a respected brand value. StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider.

British American Tobacco (LSE: BATS)

In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFD and Forex Trading are leveraged products and your capital is at risk.

Its £84 billion in revenue translated to £2 billion in 2022 profit, putting the company 15th in terms of the UK’s biggest companies by bottom line. Tesco is the UK’s biggest non-oil company by revenue, but 26th by market cap. RELX is an information and analytics company that operates around the world, providing scientific, medical, legal and technical information to businesses as well as decision-making tools. Like many of the companies covered here, it has multiple listings but is headquartered in London. However, GSK remains one of the ten biggest pharmaceutical companies in the world. It has created several medicines listed as essential medicines by the World Health Organisation, including amoxicillin, pyrimethamine and mercaptopurine.

What are the biggest UK companies by market capitalisation?

It suggested the shift to Germany could lower costs and yield “potential benefits to European Union airline ownership and control requirements”. Antofagasta PLC is a multinational copper mining company that is also involved in transport. Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs. All of the largest UK companies are constituents of the FTSE 100 – which tracks the top 100 stocks on the London Stock Exchange.

AstraZeneca focuses on areas of healthcare such as cancer research, respiratory and autoimmune diseases, and neuroscience. It has secondary listings on other exchanges including the NASDAQ OMX, Bombay Stock Exchange NASDAQ in New York. It owns over 400 brands, many of which are household names, such as Dove, Lipton, Magnum, Vaseline, Walls, Marmite and PG Tips. In https://forex-reviews.org/ particular, its brands produce consumer goods relating to food, beverages, personal care, beauty, cleaning, healthcare and pharmaceuticals. Unilever has three listings on the London Stock Exchange, New York Stock Exchange and Euronext Amsterdam. As well as making up part of the FTSE 100, it is also a constituent of the AEX index in Amsterdam and the Euro Stoxx 50.

Royal Dutch Shell has three listings on the LSE, Euronext Amsterdam and NYSE. BP is one of the world’s seven oil and gas ‘supermajors’​, founded in 1902 and headquartered in London. In terms of market capitalisation, it currently sits below the top 40 companies listed on the LSE. This represented a sharp increase in sales from the previous year, although profits fell that year, further reducing the company’s profit margin. HSBC Holdings PLC is a multinational banking and financial services company, dual-listed both in London and Hong Kong.

Tracing its origins to 1836, Legal & General now primarily operates in the United Kingdom and the United States, also engaged through its investment management activities in the Middle East, Europe, and Asia. To ease the understanding of the evolution of the British stock market and the broader UK economy, the stocks of the 100 largest companies listed on the London Stock Exchange are aggregated in the FTSE 100 index. Meaning “Financial Time Stock Exchange 100”, and often more simply referred to as FTSE, the FTSE 100 index is widely recognized as the benchmark index of the British stock market. From banking to pharmaceuticals, from energy titans to consumer staples, this list covers it all. Read on to discover which UK listed companies are dominating their industries, making waves on a global scale, and offering incredible opportunities for those who are paying attention. Lloyds Banking Group is one of the leading financial services companies in the UK.