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Britain for Sale: British Companies in Foreign Hands – The Hidden Threat to Our Economy - Softcover

 
9781847940759: Britain for Sale: British Companies in Foreign Hands – The Hidden Threat to Our Economy
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In 2010 the iconic British chocolate manufacturer Cadbury was taken over by the US food giant Kraft. The deal caused a public furore and prompted many to ask whether we should be allowing such a major national enterprise to fall into foreign hands.

Yet, despite the hand-wringing, there was nothing unusual about what was going on. In recent years hundreds of billions of pounds worth of British businesses have been sold off abroad. Today, foreign companies control vast swathes of the British economy, from ports to bridges, from the National Lottery to airlines, and from high tech companies to gas and electricity suppliers.

In Britain for Sale, award-winning financial journalist Alex Brummer explains why British companies are so irresistible to overseas buyers. He considers the impact of foreign deals on Britain’s enterprise culture. And he asks the key question: How damaging is the takeover bonanza to our future economic health?

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"A very readable book ... Years of experience on Fleet Street have served [Brummer] well - he has a serious yet very approachable style in giving us his knowledge" (Bookbrunch)

"A fascinating new book" (Money Week)

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  • PublisherRandom House Business
  • Publication date2012
  • ISBN 10 1847940757
  • ISBN 13 9781847940759
  • BindingPaperback
  • Edition number1
  • Number of pages272
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