Remember Inmos?
Remember every company and asset this country has had that we have sold to other countries state owned companies? Airports, Airlines, Utilities. Remember when we had a successful car industry before the government got involved, did Rover ever buy a car company abroad in all its acquisitions or mergers?
Its all foriegn owned now.
We have more offshore wind turbines than any other country in the world yet none are made in the UK and very few are owned or managed by UK companies.
Successive governments have no idea what they are doing, they have missed every opportunity to grow businesses in this country and would be the last ones I would want to invest in our companies and then interfere and destroy them.
They need to focus on ensuring we have a business environment where funding to expand overseas is easy to get so our companies grow to $1tn and not be limited by this country and just grow big enough to be ought by a US/German/Japanese/Chinese etc company. It is a mentality thing not a state aid thing.
Biting the hand that feeds IT
