Tuesday September 22, 2020

British stung as BAA ends up in Spanish hands

British chancellor Gordon Brown warned last Monday that the drive towards a European single market was being hampered by ‘‘economic patriotism’’ from some EU countries.

10th June, 2006

As if to prove that Britain wasn’t one of the recalcitrant nations, the following day the British Airports Authority (BAA) accepted a stg£10.3 billion (€14 billion) takeover offer from Spanish building group Ferrovial.

Another day on, and tabloid headlines like ‘Surrender to Spain’, ‘Spanish Raid’ and ‘Spanish Airmada’ made it clear that not everyone was singing from Brown’s hymn sheet.

Even the newspapers that...

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