HC Deb 26 April 1995 vol 258 cc580-1W
Mr. Sheerman

To ask the President of the Board of Trade what percentage of United Kingdom companies he now assesses to be world class. [20561]

Mr. Eggar

A recent study by IBM and the London The table shows the estimated staff time and associated business school shows that the United Kingdom has a costs of the editorial team for each departmental report similar proportion to Germany of world-class manufacturing firms. Forty UK firms are in the Fortune 500 list of top global companies. In terms of profitability, 16 of the top 25 companies in Europe are UK-based.

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