Book description
'Buy British!' we often hear, and many foreign companies have done
just that. US food giant Kraft bought Cadbury in 2010, Dutch group
AkzoNobel acquired ICI in 2007, Deutsche Bahn now own Arriva, and
that's just the beginning.
The truth is that hundreds of billions of pounds' worth of British
businesses have been sold off abroad in recent years. But what does
this takeover bonanza mean for our future economic health?
In Britain for Sale, award-winning financial journalist Alex
Brummer investigates this question, explaining why British companies
are so irresistible to overseas buyers and weighing up the true cost
of these transactions.
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
.