Accrington Web - View Single Post

GEaston · 10-06-2013, 02:27

Why does it matter who owns them Stan ?

There's an implicit suggestion that these were formerly great industries contributing large profits to the exchequer. They weren't. The govt ran far too much, and watching the current MP scandals it's clear they can barely run themselves let alone large industries.

I'm pleased they are not owned or run by our government. If overseas companies can run them properly then good luck to them, I'm certain we can't. I defer to the Landrover story. Good initial design hampered by crap company management under British Leyland (state owned and state miss-managed). The last cars we produced (up to 2001) were the worst Land Rovers and Range Rovers ever produced and certainly the most unreliable. BMW bought the company and invested in it in 2002 - the Land Rovers and Range Rovers from 2003 onwards are superb. They sold it to Tata and we now produce more very high quality Land Rovers and Range Rovers than ever before. These are all made in Britain with British Jobs and exported to the world. Noone sees it as an Indian company even though it is.

On the security point, you can't walk out of the country with a sewer system in your bag. The infrastructure can be owned by the Germans or French or whoever but it stays here in the UK.

The bigger point here is that the money raised by all the privatisations was squandered by the last government who's wreckless spending over 12 years created the largest debt our country has had since World War 2.

10-06-2013, 02:27	#8
GEaston Full Member Join Date: Mar 2013 Posts: 198 Liked: 46 times Rep Power: 64	Re: who owns what? Why does it matter who owns them Stan ? There's an implicit suggestion that these were formerly great industries contributing large profits to the exchequer. They weren't. The govt ran far too much, and watching the current MP scandals it's clear they can barely run themselves let alone large industries. I'm pleased they are not owned or run by our government. If overseas companies can run them properly then good luck to them, I'm certain we can't. I defer to the Landrover story. Good initial design hampered by crap company management under British Leyland (state owned and state miss-managed). The last cars we produced (up to 2001) were the worst Land Rovers and Range Rovers ever produced and certainly the most unreliable. BMW bought the company and invested in it in 2002 - the Land Rovers and Range Rovers from 2003 onwards are superb. They sold it to Tata and we now produce more very high quality Land Rovers and Range Rovers than ever before. These are all made in Britain with British Jobs and exported to the world. Noone sees it as an Indian company even though it is. On the security point, you can't walk out of the country with a sewer system in your bag. The infrastructure can be owned by the Germans or French or whoever but it stays here in the UK. The bigger point here is that the money raised by all the privatisations was squandered by the last government who's wreckless spending over 12 years created the largest debt our country has had since World War 2.