15/09/2024
In the UK, there are several companies generating over £1 billion in profit. For example, 51 companies that were incorporated in 2017 have since reported annual turnovers exceeding £1 billion. London leads the way, with 74 companies in the city generating profits of this magnitude. Other regions, such as Berkshire, Cheshire, and Surrey, also house a smaller number of billion-pound businesses【34†source】.
Additionally, the UK's largest listed companies, including those in the FTSE 100, made a significant contribution of nearly £90 billion in taxes during 2022/2023, underscoring the profitability and economic influence of these major corporations【35†source】. If each company paid 20 million win fall tax this would generate 1.2 billion and all OAP could stay warm this year business has to understand we are all in the same boat the public generate thes huge profits not the government, profits have exploded for large organisation energy for example who agrees with this if not why