In total, foreign investors now own roughly two-thirds of all listed shares in the UK,
75% of the revenues in the FTSE100 comes from abroad, 50% of the FTSE250. As those are the vast majority by weighting of the London market the correct reaction here is “So what?”
it has long been considered a net positive that foreign investors are queuing up to buy a piece of the UK.
Because it is, of course. Can’t run a trade deficit without that happening after all.
As long as a company is headquartered in the UK, employs plenty of Britons, makes its products or provides its services and pays its taxes here, the main benefits of the business operations will still accrue to this country.
Entire fucking cretin. The only thing that matters is whether we have access to the output of the business. That’s the thing that makes us richer – being able to have stuff.
Foreign investors may be less swayed by local activists and pressure groups and therefore arguably less accountable.
Yes, that’s good. more business, less politics.
How foreign states raided Britain’s crown jewels
There’s a balance to be struck between selling the family silver and repelling investors altogether
It’s not, particularly, foreign governments buying, but people in that unfortunate state of not having a British passport. It’s also not, largely enough, the British government or state selling, it’s people in that fortunate position of having a British passport.
Why the British state should have the power to decide what may be sold by someone with a B passport to someone without a B passport is something that needs to be explained. “Family silver” doesn’t do it – for what is happening is the MacMillan family whining that the Spencers are selling something. What fuck’s that got to do with the MacMillans?