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I don't think the British have ever really had a huge problem with foreign countries owning significant British companies. Is this signficantly different from T
by Traster 7y ago
I don't think the British have ever really had a huge problem with foreign countries owning significant British companies. Is this signficantly different from Tata motors owning practically all of british steel production? or French companies owning big chunks of our energy production capacity?
Who owns the company has very little to do with whether it's operating in the UK.
- IOT_Apprentice 7y agoTata also owns Jaguar/Land Rover
- ineedasername 7y ago> Tata motors The relationship between India & the UK is quite a bit different than with China. Also the impact on the economy that foreign owners could have through an individual company is significantly less than what could be achieved with the continent's largest exchange. In the past China has had no problem financially blackmailing a company into submission when they happen to reference Taiwan as an independent country. It was very much like "Oh, nice business you have, and lots of it in China! Shame if something were to happen to it. Shame about your slip up with Taiwan too. Shut it down, your business in China, for a few weeks. And publicly grovel like a dog begging for a treat." I can only imagine what they would do if China owned the LSE and there was any type of high-profile disagreement with China & the UK or Europe.