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Britain for Sale

by Alex Brummer

Britain for Sale Synopsis

In 2010 the iconic British chocolate manufacturer Cadbury was taken over by the US food giant Kraft. The deal caused a public furore and prompted many to ask whether we should be allowing such a major national enterprise to fall into foreign hands. Yet, despite the hand-wringing, there was nothing unusual about what was going on. In recent years hundreds of billions of pounds worth of British businesses have been sold off abroad. Today, foreign companies control vast swathes of the British economy, from ports to bridges, from the National Lottery to airlines, and from high tech companies to gas and electricity suppliers. In Britain for Sale, award-winning financial journalist Alex Brummer explains why British companies are so irresistible to overseas buyers. He considers the impact of foreign deals on Britain's enterprise culture. And he asks the key question: How damaging is the takeover bonanza to our future economic health?

Britain for Sale Press Reviews

A very readable book ... Years of experience on Fleet Street have served [Brummer] well - he has a serious yet very approachable style in giving us his knowledge * Bookbrunch * A fascinating new book * Money Week *

Book Information

ISBN: 9781847940759
Publication date: 15th March 2012
Author: Alex Brummer
Publisher: Random House Business Books an imprint of Cornerstone
Format: Paperback / softback
Pagination: 272 pages
Categories: Takeovers, mergers & buy-outs, Politics & government,

About Alex Brummer

Alex Brummer in one of the UK's leading financial journalists and commentators. After a long and successful stint at the Guardian he moved to the Daily Mail, where he has been City Editor for the past ten years. He has won prizes both as a foreign correspondent and as an economics writer, and was named Financial Writer of the Year at the London Press Club in 2010. He is the author of The Crunch and The Great Pensions Robbery.

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