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We live in a globalised world. That is the reality.
How many British companies own stakes in foreign ones?
The nationalist view that manufacturering must be in-house, and that foreign ownership is inherently bad by its nature is the type simplistic case that Brexit put forward.
Why don't people bang on about our basic consumer goods?
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I'm not going to go through the whole list, but how many of those companies are listed? Saint-Gobain S.A. is.
Once which case what's the disadvantage of UK subsidiaries employing UK workers and ultimately distributing profits to shareholders, who can be British?
The vast majority of shareholders of PLCs are pensions funds anyway.
If I'm missing something I'm happy to be corrected.
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Chinese contracted power plants, train companies owned by Ze Germanz.
The French just pretty much ignore EU regulations on protection of companies and have bailed some out, the UK could choose to play that game, but does not.
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hugo7
JWestland
@mespilus
The UK Construction industry certainly exports a lot of profit out of the UK
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British Gypsum: bought by St Gobain of France, plaster & plasterboard under French control
RMC: bought by Cemex of Mexico, ready mixed concrete supplier under Mexican control
Hanson: Bought by HeidelbergCement, ready mixed concrete supplier under German control
Tarmac: Bought by Lafarge, ready mixed concrete supplier under French control