This is where we'll need asset recovery !

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[url=http://news.bbc.co.uk/1/hi/business/5079148.stm]Britain's asset sell-off[/url] said:
....Associated British Ports has just become the latest big UK company to pass into foreign ownership, after a consortium including investment bank Goldman Sachs clinched a £2.5bn takeover deal.
As a result of successive sell-offs, large parts of Britain's infrastructure are now owned by companies based elsewhere.
Many of the assets involved were originally state-owned before the wave of privatisations that took place in the 1980s....

There goes more silver .. easy to sell when you never really paid for it.

Why is Johnny F so eager to buy? Perhaps he sees us as cash cows for the milking ... Our Governmment sticks it to us - Geese for the plucking - I guess they all fancy their chances,
Utilities, Airports, Seaports .... Whilst we spend billions liberating perhaps, the un-liberatable..
:rolleyes:
 
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Apparently we have little protection against overseas consortiums coming in and buying us up. The rest of Europe protect their industries against foreign buy-outs.




joe
 
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