I think this is just the start;
https://www.theguardian.com/science/2020/jun/26/satellite-experts-oneweb-investment-uk-galileo-brexit
It's a USA company too...
AFAIK the UK has always had a small but good space industry. Why buy this lot?
You might just have watched A Grand Day Out a few too many times.
@JWestland started
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I think this is just the start;
https://www.theguardian.com/science/2020/jun/26/satellite-experts-oneweb-investment-uk-galileo-brexit