| ROYALMAIL | British company established by Henry VIII in 1516, fully privatised in 2015 (5,4) |
| PALMBEACH | Florida resort established by Henry Morrison Flagler (4,5) |
| TRINITY | Which Cambridge University college was endowed by Henry VIII in 1546? (7) |
| MONASTERIES | Places closed by Henry VIII in the 1530s (11) |
| EAST | - India Company; trading company established by English merchants under a Royal Charter issued by Elizabeth I in 1600 (4) |
| FIRM | Company established by female in Rome, oddly |
| RENAULT | French car manufacturer, nationalised in 1945 and privatised in 1996 |
| TUDOR | English dynasty established by Henry VII |
| RAILTRACK | Company that controlled the rail infrastructure in Britain's newly-privatised railway system from 1994 to 2002 (9) |
| TWENTIETH | Century during which the UK rail passenger service was privatised under John Major's government (9) |
| BIPLANE | Path taken by one in British company aircraft (7) |
| BITPART | Italian in British company has skill in minor role |
| HYDEPARK | Depicted in a Pissarro painting, some 350 acres in London originally established as a hunting ground by Henry VIII (4,4) |
| UTOPIA | Political essay written by Sir Thomas More in Latin, published in 1516 (6) |
| LEYLAND | British - was a motor manufacturing group formed in 1968 which was privatised during the 1980s (7) |
| MACK | Truck company established in the USA in 1900 (4) |
| YOUNG | James _ _ _, former British coachbuilding company established in 1863 (5) |
| TOTAL | Global fuel company established in France in 1924 (5) |
| BRIDGET | Woman in high-pressure area within British company (7) |
| ABATE | A source of tension in British company gets to subside (5) |
