British companies being sold overseas

It’s good news that the CBI is to debate the issue of the unbalanced market that sees British companies easily bought by foreign predators but facing obstacles when trying to acquire overseas companies themselves. But, will anything result? The City is too ready to sell British companies for short-term cash rather than investing in long term growth. Much of the problem lies in legislation, but there’s much CBI members could do to show economic patriotism.

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