The other interesting part of this survey is right at the end of the City AM report:
Quote:
Out of the 10 largest firms by profit — which together make a staggering 50 per cent of revenues and 57 per cent of the FTSE 350's profits — three work in natural resources.
The Times (3 June) reported this as follows:
Quote:
The Profit Watch UK study also demonstrates the extent to which the share market is concentrated on just a few companies: the top ten companies account for 50 per cent of all revenues, while the top ten by profit accounted for 57 per cent of after-tax profits.
Talk about the concentration of capital (like Marx).