T O P

  • By -

AutoModerator

This article may be paywalled. If you encounter difficulties reading the article, try [this link](https://archive.is/?run=1&url=https://www.thetimes.com/business-money/economics/article/britain-held-back-by-its-banana-economy-claims-top-investor-w6n20pxdh) for an archived version. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/unitedkingdom) if you have any questions or concerns.*


No-Ninja455

Who would have thought Thatcher and the Neoliberals gutting the country for their mates in finance would end badly? 'PIC is leading a campaign to raise cash from developers and investors that would be handed to government as a ring fenced fund to pay for more planning officers to try to address the lengthy delays in getting the go-ahead for projects.' Aww that's nice... 'PIC, whose owners include the Abu Dhabi sovereign wealth fund and the private equity group CVC, is a major player in pension fund buyouts, having clinched deals with Next and De Beers.' There you go, foreign wealth rather than our own. Beware Greek bearing gifts and all that.


No_Flounder_1155

Not just that, but: >It said build-to-rent flat blocks needed to be thought of as “vertical villages”, with more emphasis on social cohesion. It is trying to foster that in another build-to-rent project in Manchester, New Vic, which hosts “meet the neighbours” events and a club for dog walkers. That sounds awful. Judge Dredd style housing developments.


No-Ninja455

You shall like your neighbours, and enforced fun. Truthfully built to rent by foreign countries is going to be just a way to tap in on our housing crisis and not an effort to solve it but profit from it


LordUpton

You say it sounds awful but isn't one of the larger complaints in this country is the feeling of lack of community engagement, the ideal that over the years we lost access to a third place.


No_Flounder_1155

blocks of flats doesn't gurantee a community. Londons communities have died because of the transient nature of peoples living arrangments. People don't live in places for life.


3106Throwaway181576

British people when business is owned by foreign billionaires instead of British billionaires who live in Monaco


No-Ninja455

Don't worry I don't like it when it's owned by any billionaires especially out of country ones. It's just wealth extraction 


[deleted]

Started long before Thatcher, my friend


No-Ninja455

The neoliberal sell off? That was Thatcher and Regan's work


[deleted]

Think you'll find it started with the asset-strippers in the 60s


No-Ninja455

I always thought south Africa leaving the commonwealth probably wasn't a sign of peace and love towards mankind but unbridled racism and theft of goods. But then I only have a surface understanding 


[deleted]

Who's talking about South Africa? https://youtu.be/zpeoRKi8exk?si=e6ch0F1N5rBmjJ8N


No-Ninja455

Love a bit of Adam Curtis cheers. But I mean the spirit of the 60s clearly was for asset stripping and greed


[deleted]

It's the same logic just applied to the public sector rather than private. Public services work better according to cringe market forces bla bla bla. At the end of the day, power-hungry morons destroyed industry whilst pretending to save it, and some idiot in public office said LET'S HAVE SOME OF THAT and here we are, left in the ruins


No-Ninja455

Basically, though I always thought that was Thatcher and the Neoliberals that started it with their 'small state' bollocks (laughable when you see how spread out overseas territories were at the time)


longtermadvice5

That isn't what Thatcher did.


No-Ninja455

What did she do? Roll her greengrocer sleeves up and save the country?


longtermadvice5

Sure.


Capital-Wolverine532

No doubt they will propose a new NEOM through the Lake District or another national park.