More needs to be done to stop British companies moving overseas

There has been a worrying trend of British Businesses, such as Easy Jet, being bought out by foreign investors whilst others are leaving the London Stock Exchange at an alarming rate.

This week in Parliament, Bobby Dean sought answers from the Government on what it was doing to encourage businesses to stay in the UK, protecting crucial jobs and keeping investment here.

Bobby Dean MP said
“We are starting to see British businesses bought out by overseas investors again and again, and we are seeing people leave the London stock exchange at an alarming rate. This is starting to become a problem for the resilience of the UK economy.

"Tate & Lyle, the famous sugar manufacturer, was also sold to an overseas investor this summer, and three London-listed companies decided to leave the London stock exchange just this week.

“We need to look at our stock market regulation, competition laws, and taxation, to ensure that opportunities are not missed to keep business here in the UK.”