Should we be worried about the increasing foreign ownership of UK industries?

Floyd, David and Ardley, Barry and Summan, Sandhla and Rahman, Mizanur and Vortelinos, Dimitrios (2016) Should we be worried about the increasing foreign ownership of UK industries? Theoretical Economic Letters, 6 (2). pp. 178-185. ISSN 2162-2078

Full content URL: http://dx.doi.org/10.4236/tel.2016.62020

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Abstract

Should we be more concerned about the foreign ownership of UK Brands? Is Britain making the
most of its industrial brands? Much has been made of these questions and the recent contracting
out of nuclear energy to China. This is only one of several examples of recent contracting out of activity.
Indeed most rail franchises are now foreign owned and most electricity providers are also
from mainland Europe. The process of selling off much industry has been taking place in the UK
for many years and it has now gone much further than merely selling off the family silver. Recently
in the House of Commons mention was made of the time that has now arrived to sell the fixtures
and fittings. This paper sets out to explain the reasons why the UK has been willing to sell off many
historic firms and assesses the consequences of this for future generations. The paper draws on
theories of international marketing, corporate strategy and production to help explain the relevant
thinking behind current policies. It also draws on case examples, relevant theory and data, in
order to provide further evidence for future policy making, arguing that it still vitally important
for the UK to undertake the strategic stewardship of its remaining brands.

Keywords:Corporate Strategy, Ownership, Contracting, UK Brands, Marketing, JCOpen
Subjects:N Business and Administrative studies > N120 International Business studies
Divisions:College of Social Science > Lincoln Law School
ID Code:22860
Deposited On:12 Apr 2016 09:37

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