British Companies in Foreign Hands – The Hidden Threat to Our Economy
The Daily Mail's City Editor investigates foreign takeovers of British businesses - and what this means for the country's economy
‘Buy British!’ we often hear, and many foreign companies have done just that. US food giant Kraft bought Cadbury in 2010, Dutch group AkzoNobel acquired ICI in 2007, Deutsche Bahn now own Arriva, and that’s just the beginning.
The truth is that hundreds of billions of pounds’ worth of British businesses have been sold off abroad in recent years. But what does this takeover bonanza mean for our future economic health?
In Britain for Sale, award-winning financial journalist Alex Brummer investigates this question, explaining why British companies are so irresistible to overseas buyers and weighing up the true cost of these transactions.
“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”
“A fascinating new book”
“An important and enlightening read”
Good Book Guide