In the debate over how desirable it is to sell companies to foreigners people neglect the obvious. All the time we import more than we export we have to sell assets to pay for the imports. That might be flats and houses, it might be companies, but it has to be something. If we want fewer foreign owned companies then we have to sell more goods and services abroad.
About John RedwoodJohn Redwood has been the Member of Parliament for Wokingham since 1987. First attending Kent College, Canterbury, he graduated from Magdalen College, and has a DPhil from All Souls, Oxford. A businessman by background, he has been a director of NM Rothschild merchant bank and chairman of a quoted industrial PLC.
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