To disguise the fact that we are selling the family silver, these transactions are called “inward investment”. But how is tax levied and where do profits go?
And how come a Turkish pension fund can afford to buy the only British steel-maker left in this country when ours can’t/won’t?
A British windfarm, owned by a Spanish company is sold to an Australian company:
Macquarie buys $1.77 billion stake in mammoth UK offshore wind farm
A British steel company owned by an Indian company is likely to be sold to a Turkish military pension fund:
https://news.sky.com/story/turkish-military-pension-fund-plots-900m-british-steel-revival-11783143
The British-owned Morgan Sports Car company was sold to an Italian company:
https://www.independent.co.uk/life-style/motoring/morgan-motor-company-sold-italian-firm-bought-a8810156.html
Boots was owned by the Swiss who sold it to the Americans:
https://www.independent.co.uk/life-style/motoring/morgan-motor-company-sold-italian-firm-bought-a8810156.html
Sainsbury’s and British land sell British superstores to USA:
https://www.independent.co.uk/life-style/motoring/morgan-motor-company-sold-italian-firm-bought-a8810156.html