
Definitely in that category is the decision by Blair’s government yesterday that it would not attempt to block the bid by the Russian state-owned Gazprom to take over Centrica, the owner of British Gas.
Mind you, when it comes to understanding the issues, the Telegraph business comment seems completely to have lost the plot.

But, as we pointed out in our previous post, the situation is a little different. Gazprom is effectively an arm of the Russian state and its policy is determined not by commercial considerations but is dedicated to furthering Russian foreign policy objectives.
Thus, courtesy of Tony Blair, we look forward to having a vital supply industry controlled through a proxy by a foreign state, the interests of which are demonstrably not the same as those of the UK. And all that is happening without any serious comment from the media. Yesterday was a good day to bury bad news.
COMMENT THREAD
No comments:
Post a Comment
Note: only a member of this blog may post a comment.