Originally Posted by
petit plateau
Inwards M&A is what happens when a country's currency is cheap. The UK is on sale, starting in 2013 and accelerating in 2016. Asset stripping the real value out of the UK in the process. This is not a process that ends well for the UK.
https://www.ons.gov.uk/economy/natio...companies/2021
Totally inaccurate and misleading view of inward investment! (and demonstrating a complete lack of awareness of how the global economy works)
When a German automotive manufacturer commits to building a new factory in the UK to design, engineer and build lightweight vehicle chassis components and body panel fixtures for EV’s how on earth is that asset stripping?
There is massive inward investment in the UK which adds capability, jobs and Govt tax receipts.
It is not only inward investment that is happening either, companies like JCB, Rolls-Royce, BAE Systems, Aston Martin, Mclaren and many others are investing and adding to their UK industrial capacity.
And the UK remains a huge investor in overseas economies, in some the largest.
£ is currently 1.25 to the $ and 1.14 to €, which is hardly anywhere near its lowest.
Picture is nowhere near as you suggest.