Comment by andsoitis
1 day ago
> That's why British Steel is owned by Tata
British Steel is legally owned by Jingye, but the UK government has taken operational control in 2025.
> the remains of British Leyland ended up with BMW
The whole of BL represented less than 40% of the UK car market, at the height of BL. So the portion that was sold to BMW represents a much smaller amount smaller share of the UK car market. I would not consider that “the UK politicians selling an industry to foreigners”.
At the risk of changing topics/moving goalposts, I don’t know that your examples of European govts or companies owning or operating businesses or large parts of an industry in another European country is in thr spirit of the European Union. Isn’t the whole idea to break down barriers where the collective population of Europe benefit?
It's no use pedanting me or indeed anyone else; that's the sort of thing people mean when they use that phrase.