It makes me so angry that boardrooms and far-off buyers can collude to take apart good British businesses. Private equity’s model is move in, strip the assets, bag the cash and move out. Workers’ jobs go and pay is attacked. We have to stop letting this happen to UK workers. Morrisons has deep roots in our country which will be ripped up in the race to the City casino. If Morrisons was a French company, there’s no way vultures could circle like this, and now it looks as if the other UK supermarkets could be picked off too. We need a Cadbury’s Law in this country. The Government should get behind Britain’s workers and not side with their big bank mates.
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