@TomPinch past gov'ts sold off or allowed too much to be sold. I feel that we need to start investigating the cost/benefits of re/nationalisation.
BA - owned by IAG (Qatar has a 25.1% stake).
Most major UK airports have foreign owners, with Gulf states, China, and Western investment funds dominating. Only Manchester and Stansted have significant UK public-sector involvement.
Our port infrastructure is largely foreign-owned, with significant control by Gulf and Chinese state-linked entities. Only a few major ports remain under full British control.
- Middle East (UAE): DP World (London Gateway, Southampton).
- China: COSCO/CIC (Felixstowe, Thamesport).
- Singapore: PSA (Liverpool).
- Canada: Brookfield (Hull).
- Denmark: Maersk (Tilbury).
- Netherlands: Dutch pension funds (Peel Ports).
ARM Holdings - the UK based semiconductor and chip design company is a company of strategic importance that was allowed to be sold to the Japanese in exchange for the committment that it remained HQ'ed in the UK and subject to national security reviews.
Don't get me started on the power companies. Listed in the UK but owned by foreign governments, private equity firms, and multinational corporations.
20/20 Hindsight vision is a wonderful thing.