So it seems Foreign run industry has the potential to be everything Britain industry wasn’t in the 1960’s and 1970’s when Nationalisation bred a belief amongst its workers, bolstered by the Unions, that the point of industry was to provide benefits and wages, end of discussion.
I make no apologies for appearing anti Trade Union, I lived through the miner’s strike and watched greed and blind political aspiration pull the rug from under an Industry whose death throes could have been handled more sympathetically. If you want to understand the absurdity that the Labour Unions became then watch the 1959 Boulting Brothers satire film ‘I’m Alright Jack’ starring Peter Sellers
If you were Margaret Thatcher post 1979, recently inherited a Britain with an economy in freefall with double digit inflation, still reeling from ‘the Winter of Discontent’ and an uneconomic coal industry indulged by powerful Trade Unions, then Foreign investment was a very sweet pill to counter a course nasty policy medicine which included telling the unemployed to ‘get on your bike’ to find work or lose benefits.