Jeremy Corbyn Elected

We need investment durhamjen.

Her is going to have change his mind over leaving Nato and ditching Trident whitewave. If he wants to keep that job.

I'd say it is even much more worrying to think that foreign companies own absolutely essential and vital services, like water and electricity and gas- and could totally hold us to ransom if they ever wished to. I suppose we 'live' without public transport, somehow - although since other foreign company own the oil and petrol- we would truly be up the proverbial creek - especially as a huge amount of our food stuffs come from abroad and our farming is being run down. In a crisis ....?!?!?!

Correction 'I suppose we could live without public transport somehow'

and an addition to the 3 options is obviously

'sigh'

Hello jing Yes he may well have to compromise, we shall just have to wait and see what the coming debates produce.

Granjura, have you ever heard of Cheung Kong?
I heard of it when I was trying to find out who owned Northumbrian Water.
It's Cheung Kong, a Chinese billionaire who makes his money by buying and selling big infrastructure companies.

UK Power Networks produces and distributes electricity in the South East, Eastern UK and London.
It is owned 40% by Cheung Kong, 40% by Power Assets Holdings and 20% by Li Ka Shing. Except that Li Ka Shing is the owner of the other two companies, so he owns 100% of that as well.
He also owns Wales and West Utilities, 50% of Seabank Power Station, and Eversholt Rail Group which provides rolling stock for the rail companies.

Anyone happy at one man owning all this instead of the state?

I don't have a problem with foreign business investment, but it makes me very uneasy if we're not the ones in control. Being held hostage at some point seems inevitable and technology makes this easy to accomplish. The announcement about the Chinese money secured for helping to build Hinkley Point is very unsettling for me, like another step in the wrong direction. Not that I know what the right direction is, just that this one is wrong.

Hugely worrying indeed- and the STATE is actually US.

If these people pull out it would highly likely they would see their investment go down the pan. It's in their interests for things to work. So what exactly are you worried about?

jen just Googled him - interesting man. Not reassuring in any way. Thinking again about moving to the Outer Hebrides to hide.

jingle I am worried that if we fall out with the countries, they can control supply. Just like Putin and the gas pipe line.

But..... we're not talking about pipelines. These things are situated in this country. How could they disrupt supplies?

Do you think the Chinese would come over and take a few lumps of concrete out of Hinkley Point. (This bit is ours and we're having it back!)

sorry to trivialise. Again.

OMG !

The technology will mean that remote control will be possible and perhaps the parts for maintenance will become unavailable. There may be other possibilities.

I'll leave you to it.

You think they will operate it from China? With a big control panel pointing this way?

Still a to that.

It's pouring with rain here, you can tell I'm stuck in the house

I've always maintained that having nuclear weapons is useless because we will never use them and any foreign country wanting to blow us up just needs to fly planes into our nuclear power stations.

I think you need to read a bit more carefully, jungl. He doesn't own a few bricks; he owns 100% of many companies, even though he pretends not to, as he does it in different names.

You never know.
Systems can be operated by remote control from anywhere in the world.
(as long as you can get a signal, that is, which is not always possible round here )

Harummf. No I don't think it will be operated from China using a big stick with a finger on the end, but it will possible to operate or control from China. WiFi or satellite technology kind of thing, but sophisticated.

jen he owns Superdrug! He's a scary guy - the ones who live simple lives but are uber-rich are suspicious to me. My alarm bells are ringing.

I haven't read your link dj.

He also owns gas pipelines.