1. Unilever – Food, Household and
Personal Care – £41.8 Billion in revenue per year
Formed following the merger of British
soap company Level Brothers and Dutch margarine company Margarine Unie in 1929,
it is the world’s 3rd biggest consumer goods company, behind Procter &
Gamble and Nestle. Ben and Jerrys, Lynx, Dove, Hellmann’s and Walls are just
some of the 400+ brands that they own.
2. Rio Tinto
– Metals – £31.6 Billion per year
A multinational British-Australian company,
with its headquarters in London, Rio Tinto is named after the Spanish river of
the same name. The river has a mining complex, which the company brought in
1873 from the Spanish Government. Through many mergers and acquisitions, the
company operates on 6 continents, and stands as a world leader in the
production of aluminum, coal, copper, diamond, iron ore and uranium.
3.
GlaxoSmithKline – Pharmaceuticals – £26.6 Billion Per Year
Yet another merger, this time between Glaxo
Wellcome and SmithKline in 2000, led to this Brentford based company becoming
the 6th largest pharmaceuticals company in the world. While mainly concerned
with non-over the counter pharmaceuticals (available only from doctors), they
do own quite a few consumer brands too, such as Sensodyne, Nicorette and
Horlicks.
4. Anglo
American – Metals – £18.2 Billion Per Year
The world’s biggest producers of platinum,
the Anglo American company were originally founded in Johannesburg, South
Africa, by German Ernest Oppenheimer, working alongside American bank J.P.
Morgan. They sourced £1 million from UK and US sources (hence the name) to form
a gold mining company in 1917. Since then, they have moved their headquarters
to London, and become major producers of copper, diamonds and nickel.
5.
AstraZeneca – Pharmaceuticals – £17.7 Billion Per Year
Sitting behind GlaxoSmithKline as the 7th
biggest pharmaceuticals company in the world, AstraZeneca are a British-Swedish
company headquartered in London. Unlike GSK, they don’t offer over the counter
products, instead focusing on prescription pharmaceuticals that tackle cancer,
cardiovascular and gastrointestinal infections, and respiratory and
inflammation problems.
6. BAE
Systems – Aerospace and Defence – £16.3 Billion Per Year
Though based in the UK, BAE Systems supplies
defence technology to Australia, America and South Africa. They produce all
manner of military vehicles, including the Typhoon fighter jet, the Tornado
fighter-bomber plane, the Challenger 2 tank, and the Queen Elizabeth class
aircraft carrier.
7. British
American Tobacco – Tobacco – £14.9 Billion Per Year
The first of two tobacco companies on this
list, the British American Tobacco company came about, unsurprisingly, after
the UK’s Imperial Tobacco Company agreed a joint venture with the US based
American Tobacco Company, in 1902. They own several cigarette brands, including
Pall Mall, Benson & Hedges and Lucky Strike.
8. Imperial
Tobacco Group – Tobacco – £14.6 Billion Per Year
The Imperial Tobacco Group was originally the
Imperial Tobacco Company mentioned above. The American Tobacco Company sold its
share of the British American Tobacco company in 1911, but the ITC stayed
invested until 1980. They also own several cigarette companies, such as
Richman, Superkings and Lambert & Butler, but also have a hand in rolling
tobacco, owning popular fine cut tobacco brand Drum, as well as cigarette paper
brand Rizla+.
9.
Associated British Food – Food – £12.3 Billion Per Year
While the company (founded by a Canadian in
1935) mainly deals with consumer food brands such as Twinings, Ryvita and
Patak’s, they also have a hand in companies such as British Sugar and, weirdly,
clothes store Primark!
10. Rolls
Royce – Aerospace and Defence – £12.3 Billion Per Year
Rolls Royce is actually two companies. While
most are familiar with their automotive division, it is in fact their aerospace
and defense division that generates more revenue. You have likely seen one of
their jet engines on planes before, as they are the 2nd biggest jet engine
manufacturers in the world. Alongside jet engines, they also provide engines
for ships and submarines.
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