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PM May seeks to tighten government grip on corporate Britain

Reuters  |  HALIFAX, England 

HALIFAX, England (Reuters) - Prime Minister Theresa May vowed to make it harder for foreign companies to take over British firms and threatened to clamp down on soaring executive pay as she set out plans for the government to take a greater say in the running of UK Plc. Outlining her ConServative party's proposals on Thursday ahead of a June 8 election, May also said she would ensure any foreign group buying British infrastructure in the telecoms, defence and energy sectors did not undermine security or essential services.Marking a departure from the free market ethos pursued by the ...

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First Published: Thu, May 18 2017. 17:45 IST