UK Government Bank Funding US Takeover of UK Firm

Any doubts that we are living in a world without borders , under the control and at the mercy of multi national corporations were finally dispelled this week.  And for a sovereign Government to be complicit in the sale of one of it’s countries best and most loved assets appears incompetence at best and treason at worst.

The UK Government has found itself under such criticism for funding the US firm Kraft takeover of British chocolate company , Cadbury’s based in Birmingham.  With fears over loss of jobs , the quality of product and not least the iconic name , the last thing that the taxpayer would expect is for the UK Government to prop up the Kraft bid.

Over the years , UK PLC has been put up for sale and left to fend for itself by Gordon Brown’s moribund Government. British Airports Operator , BAA ,  which includes Gatwick and Heathrow Airports , is currently owned by Spanish group Ferrovial. Dubai World have control of  British ports (OMG!). And most of the UK power companies are owned by either France ( EDF) or Germany (E.ON). The UK Government , signed up as it is into European Law , has willingly stood aside as more and more UK companies – large and small –  have been swallowed up by the highest bidder, generally from outside of the UK.

But this latest incident has upped the ante somewhat , with HM Govt. lending millions of UK£ in a bridging loan to allow Kraft to aggressively purchase Cadbury’s.

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