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
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
