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

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

by Alex Brummer (Author)

Synopsis

`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.

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More Information

Format: Paperback
Pages: 288
Publisher: Random House Business
Published: 04 Apr 2013

ISBN 10: 1847940765
ISBN 13: 9781847940766
Book Overview: The Daily Mail's City Editor investigates foreign takeovers of British businesses - and what this means for the country's economy

Media Reviews
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 *
An important and enlightening read * Good Book Guide *
Author Bio
ALEX BRUMMER in one of the UK's leading financial journalists and commentators. After a long and successful stint at the Guardian he moved to the Daily Mail, where he has been City Editor for the past ten years. He has won prizes both as a foreign correspondent and as an economics writer, and was named Financial Writer of the Year at the London Press Club in 2010. He is the author of The Crunch and The Great Pensions Robbery.