Re: Why sell Arm anyway ?
It's called "capitalism" and has nothing to do with common sense, workers or public anything and everything to do with someone's perception of cash value ... Sell it and make loads of money today on one side, keep it and make smaller amounts of money for much longer but with more risk tomorrow on the other - where's the pendulum of cash likely to swing?
The issue was that it was sold to foreign investors in the first place but, for whatever reason, that's the way the UK Government apparently like things to be.