Analysis Decoded: India's UK Shopping Spree

[Combat-Master]

Has the great British sell off started? Indian companies are circling UK industries looking to pick up a bargain. Will India’s investment in its former colonial master pay off?

 

[Ryder]

Has the great British sell off started? Indian companies are circling UK industries looking to pick up a bargain. Will India’s investment in its former colonial master pay off?

Damn its like the British dont care anymore and are just selling everything to everybody.

 

[Jackdaws]

An oversimplification. The video is way off. Indian businesses are happier doing business with the Americans because the Americans don't BS. The British have little to offer. Yes, they have some iconic brands. But the cash rich Chinese will snap them up quicker than the Indians.

 

[Nilgiri]

An oversimplification. The video is way off. Indian businesses are happier doing business with the Americans because the Americans don't BS. The British have little to offer. Yes, they have some iconic brands. But the cash rich Chinese will snap them up quicker than the Indians.

Yeah its bit sensationalist, but its to be expected in media.

UK (even in private domain) are getting leery of Chinese buyers lately though....and publicly they are of course officially in the against-China alliance taking shape and growing (it is early days though).

This can provide an opening for India....but India needs to continue to broaden in manufacturing while keeping things going in services side.

My larger take on the picture at large in another thread:

His hands are tied fiscally. Right wing or left wing or centre doesnt matter much here if you look at certain key numbers that are spooking british establishment esp after brexit.

No country outside the US has their version of the fed and 110 trillion "assumed" "delayed emperor new clothes" "buffer" to eat into....for both mid term spending and long term committed liability.

Thus the long term rational plan is dictated quite differently for european countries....incl. UK. UK has to concentrate and specialise and have some good breakouts to offer....rather than let any exceptionalism/ego cloud too much policy and decision making....esp as the empire era recedes and become less relevant each passing year.

Boris just has to make do of somewhat bad situation (one needs to ignore the politician waffle they all do) and he is making one correct move soon: visiting India to promote and complete a host of deals, cooperation and projects. Such things need to be taken forward and accelerated with the money saved (and/or less debt) from more rational fiscal policy in big way this decade and next.

India has a 2.7 trillion total market capitalisation that is looking to get to 4 and then 5 trillion as quick as possible so that it can hit the large single digit and dbl digit trillion optimally next decade.....UK has a big advantage here to be significant part of it for number of reasons....and feed this into their own economic future (which is basis for security provision and projection for every country in the end).

UK and West in general has to start making larger inroads into security and political partnerships with India....as US no longer occupies dominant position and large population + growing economy + democracy (to provide enough multi-polar hedging balance for western world/western system) of note only found in one country. Strict NATO model/assurance cannot exist "as is" forever....in fact it already did unneeded extra damage w.r.t Russia (after cold war ended) if you ask me....when West could have taken things calmer and more rationally and been the bigger party (and not saying the quiet things out loud in interest of geopolitical potentials later) that it is on various matters.

Anyway let us see.

 

[Waz]

Nothing of strategic value is for sale. Yes investment is welcome.

 

[Jackdaws]

Nothing of strategic value is for sale. Yes investment is welcome.

And what in the UK is of strategic value anyway?

 

[Waz]

And what in the UK is of strategic value anyway?

Is this a joke? How about we start with the very vaccine you are using to vaccinate your people against the coronavirus? The U.K. biomedical scene is the envy of many.

 

[Costin84]

And what in the UK is of strategic value anyway?

BAE systems, Rolls-Royce?

 

[Glass🚬]

They made a good decision with jaguar

 

[Waz]

BAE systems, Rolls-Royce?

Lot more than that.

 

[Costin84]

Lot more than that.

Yeah, I know, but that was just on the top of my head,without even thinking about it.

 

[Jackdaws]

BAE systems, Rolls-Royce?

Rolls Royce is owned by BMW. BAE systems - sure, agreed.

 

[Jackdaws]

Is this a joke? How about we start with the very vaccine you are using to vaccinate your people against the coronavirus? The U.K. biomedical scene is the envy of many.

Astra Zeneca is not even completely British. It's Swedish-British.

 

[Waz]

Astra Zeneca is not even completely British. It's Swedish-British.

Good God!
You do realise it's the UK that where most of the research and development takes place?
Where is AstraZeneca's global headquarters located? The Cambridge Biomedical Campus, the largest centre of medical and health related science in Europe.
AZ was the distributor for the vaccine developed by Oxford university's Jenner institute. I suppose they're Swedish as well are they?
Astra AB was also in a difficult position before the merger regarding ongoing development costs and the inability of the small Swedish biotech industry to innovate, so they needed partnership more than Zeneca did.
At the time of the merger , Astra Shareholders held a 46.5% share, while Zeneca Shareholders held 53.5%.

 

[Jackdaws]

Good God!
You do realise it's the UK that where most of the research and development takes place?
Where is AstraZeneca's global headquarters located? The Cambridge Biomedical Campus, the largest centre of medical and health related science in Europe.
AZ was the distributor for the vaccine developed by Oxford university's Jenner institute. I suppose they're Swedish as well are they?
Astra AB was also in a difficult position before the merger regarding ongoing development costs and the inability of the small Swedish biotech industry to innovate, so they needed partnership more than Zeneca did.
At the time of the merger , Astra Shareholders held a 46.5% share, while Zeneca Shareholders held 53.5%.

Is it a British company or a British-Swedish company?

Rolls Royce, Jaguar, Mini Cooper etc. probably also have their HQ in the UK and are made there.

Of course, all these are quintessential British brands. But are they British strategic assets if they have foreign ownership in part or in whole? That ship has sailed.

In West Europe, in my opinion only Germany, France and the Scandinavian nations have kept strategic assets at home. Britain embraced diluting their own assets during the Thatcher Era itself.

Point being that there is substantial or complete foreign ownership, so they cease to be "Strategic British assets". Again, there must be some defence companies in the UK that I am unaware of but is there a British equivalent to Boeing or Airbus?

 

[Waz]

Is it a British company or a British-Swedish company?

Rolls Royce, Jaguar, Mini Cooper etc. probably also have their HQ in the UK and are made there.

Of course, all these are quintessential British brands. But are they British strategic assets if they have foreign ownership in part or in whole? That ship has sailed.

In West Europe, in my opinion only Germany, France and the Scandinavian nations have kept strategic assets at home. Britain embraced diluting their own assets during the Thatcher Era itself.

Point being that there is substantial or complete foreign ownership, so they cease to be "Strategic British assets". Again, there must be some defence companies in the UK that I am unaware of but is there a British equivalent to Boeing or Airbus?

Of course it's British/Swedish, but the Swedes don't bring much to the table, read the details in my post again. I even gave you at the time of the merger who held the majority holding, but yet you're still playing on the whole "it's not a British firm" angle.
What ship sailed? The vast majority of our strategic holdings are with us. Do you mean diluting by sales of state run firms? If so, the shareholders in large part still remain British equity groups.
There's many firms under complete British ownership.
As for the British equivalent of Airbus and Boeing, how about BAE and Rolls Royce?
Here's another, I bet you never even heard of it.

SABRE | Reaction Engines - Making Beyond Possible

Reaction Engines | Pioneering space access and sustainable technologies to elevate life on Earth.

www.reactionengines.co.uk

Engineers at UK-based aerospace firm Reaction Engines have successfully completed the testing of two key sub-systems of its SABRE air-breathing rocket engine.

Reaction Engine’s synergetic air-breathing rocket engine (SABRE) is being designed to offer hypersonic flight and cheaper and more reliable access to space.

SABRE is designed to operate in two modes. From take-off to Mach 5 while still within the atmosphere the engine sucks in air like a conventional jet engine to support combustion of hydrogen fuel, accelerating to 25 times the speed of sound to access space. Once above the atmosphere, SABRE switches to conventional rocket mode and uses liquid oxygen (LOX) stored on boa

Sabre air-breathing rocket engine successfully completes key testing milestones | Aerospace Testing International

Another two key parts of Reaction Engine's SABRE air-breathing engine have been successfully validated by testinga

www.aerospacetestinginternational.com

Here are some figures for you as well.


Its latest Annual Business Survey estimates that there were 2.4 million registered non-financial* firms in the UK in 2017. Of these, 26,077 (1.1 per cent) were foreign owned, up from 24,236 in 2016.
These global firms punched far above their weight in economic terms, contributing £331.3bn in added GVA, or 27 per cent of the to the UK’s non-financial business economy, up by £16.2bn.
Europeans formed the majority of owners, at 56 per cent, with investors from the Americas holding 29.8 per cent and Asian investors holding 13 per cent.

How many British companies are foreign owned?

Foreign ownership is increasing.

www.managementtoday.co.uk

 

[Jackdaws]

Of course it's British/Swedish, but the Swedes don't bring much to the table, read the details in my post again. I even gave you at the time of the merger who held the majority holding, but yet you're still playing on the whole "it's not a British firm" angle.
What ship sailed? The vast majority of our strategic holdings are with us. Do you mean diluting by sales of state run firms? If so, the shareholders in large part still remain British equity groups.
There's many firms under complete British ownership.
As for the British equivalent of Airbus and Boeing, how about BAE and Rolls Royce?
Here's another, I bet you never even heard of it.

SABRE | Reaction Engines - Making Beyond Possible

Reaction Engines | Pioneering space access and sustainable technologies to elevate life on Earth.

www.reactionengines.co.uk

Engineers at UK-based aerospace firm Reaction Engines have successfully completed the testing of two key sub-systems of its SABRE air-breathing rocket engine.

Reaction Engine’s synergetic air-breathing rocket engine (SABRE) is being designed to offer hypersonic flight and cheaper and more reliable access to space.

SABRE is designed to operate in two modes. From take-off to Mach 5 while still within the atmosphere the engine sucks in air like a conventional jet engine to support combustion of hydrogen fuel, accelerating to 25 times the speed of sound to access space. Once above the atmosphere, SABRE switches to conventional rocket mode and uses liquid oxygen (LOX) stored on boa

Sabre air-breathing rocket engine successfully completes key testing milestones | Aerospace Testing International

Another two key parts of Reaction Engine's SABRE air-breathing engine have been successfully validated by testinga

www.aerospacetestinginternational.com

Here are some figures for you as well.


Its latest Annual Business Survey estimates that there were 2.4 million registered non-financial* firms in the UK in 2017. Of these, 26,077 (1.1 per cent) were foreign owned, up from 24,236 in 2016.
These global firms punched far above their weight in economic terms, contributing £331.3bn in added GVA, or 27 per cent of the to the UK’s non-financial business economy, up by £16.2bn.
Europeans formed the majority of owners, at 56 per cent, with investors from the Americas holding 29.8 per cent and Asian investors holding 13 per cent.

How many British companies are foreign owned?

Foreign ownership is increasing.

www.managementtoday.co.uk

As I wrote earlier, yes BAE is a British strategic asset. Rolls Royce is owned by BMW.

 

[Jackdaws]

Of course it's British/Swedish, but the Swedes don't bring much to the table, read the details in my post again. I even gave you at the time of the merger who held the majority holding, but yet you're still playing on the whole "it's not a British firm" angle.
What ship sailed? The vast majority of our strategic holdings are with us. Do you mean diluting by sales of state run firms? If so, the shareholders in large part still remain British equity groups.
There's many firms under complete British ownership.
As for the British equivalent of Airbus and Boeing, how about BAE and Rolls Royce?
Here's another, I bet you never even heard of it.

SABRE | Reaction Engines - Making Beyond Possible

Reaction Engines | Pioneering space access and sustainable technologies to elevate life on Earth.

www.reactionengines.co.uk

Engineers at UK-based aerospace firm Reaction Engines have successfully completed the testing of two key sub-systems of its SABRE air-breathing rocket engine.

Reaction Engine’s synergetic air-breathing rocket engine (SABRE) is being designed to offer hypersonic flight and cheaper and more reliable access to space.

SABRE is designed to operate in two modes. From take-off to Mach 5 while still within the atmosphere the engine sucks in air like a conventional jet engine to support combustion of hydrogen fuel, accelerating to 25 times the speed of sound to access space. Once above the atmosphere, SABRE switches to conventional rocket mode and uses liquid oxygen (LOX) stored on boa

Sabre air-breathing rocket engine successfully completes key testing milestones | Aerospace Testing International

Another two key parts of Reaction Engine's SABRE air-breathing engine have been successfully validated by testinga

www.aerospacetestinginternational.com

Here are some figures for you as well.


Its latest Annual Business Survey estimates that there were 2.4 million registered non-financial* firms in the UK in 2017. Of these, 26,077 (1.1 per cent) were foreign owned, up from 24,236 in 2016.
These global firms punched far above their weight in economic terms, contributing £331.3bn in added GVA, or 27 per cent of the to the UK’s non-financial business economy, up by £16.2bn.
Europeans formed the majority of owners, at 56 per cent, with investors from the Americas holding 29.8 per cent and Asian investors holding 13 per cent.

How many British companies are foreign owned?

Foreign ownership is increasing.

www.managementtoday.co.uk

And as far as this Reaction Engines is concerned - a quick Google search shows that Boeing has invested in it.

Boeing HorizonX Invests in Reaction Engines, a UK Hypersonic Propulsion Company

Boeing [NYSE: BA] announced its investment in Reaction Engines Limited, a leader in advanced propulsion systems based in Oxfordshire, United Kingdom. Reaction Engines' technology will contribute...

boeing.mediaroom.com

 

[Nilgiri]

Rolls Royce is owned by BMW. BAE systems - sure, agreed.

He means the other rolls royce (aerospace), not the luxury car that is of next to no significance.

Rolls-Royce Holdings - Wikipedia

en.wikipedia.org

 

[Jackdaws]

He means the other rolls royce (aerospace), not the luxury car that is of next to no significance.

Rolls-Royce Holdings - Wikipedia

en.wikipedia.org

Yes, that's hardly a strategic asset. What exactly do they make that's so cutting edge?