Monday February 24, 2020

Who really owns Britain?

Foreign ownership in the British corporate sector means the sector will remain dependent on overseas funding post-Brexit

16th April, 2017
Jaguar, like many other iconic British brands, is owned by a big overseas corporation

In explaining why he voted for Brexit, the actor Michael Caine recently resorted to striking language. “I’d rather be a poor master than a rich servant,” he said. “It wasn’t about the racism, immigrants or anything, it was about freedom.”

Caine’s worry about becoming a nation of servants is actually far more apposite than he probably realises. Certainly in his blissful assumption that by simply exiting the...

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