foreign ownership challenges the idea of national identity and its been made easier by globalisation and TNCs
Foreign owned UK Companies - Jaguar Land Rover
2008 a company based in India (Tata Motors Ltd) bought Jaguar and Land Rover and created the new company JaguarLandRover
they moved a lot of the manufacturing to India and China but some still made in Solihull
made people unhappy as they believe British brands should be British owned, while some believe ownership can bring economic benefits as both Jaguar and Land Rover were facing financial problems
this has challenged the label Made in Britain but Jaguar Land Rover continues to use British identity in advertising
Foreign owned London property
increasing amount of property in UK is being bought by foreign companies
wealthy people buy expensive properties in exclusive parts of London like Kensington & Mayfair as its good investment as they can rent out and a way of avoiding tax in their home country
Qatar is a big investor in London property, they own iconic buildings like the Shard, Queen Elizabeth Olympic Park and Harrods
Russia have 200+ properties in Westminster
has led to rising prices and challenged national identity as London landmarks are not British owned
westernisation is the spread of Western culture especially US around the world
it can be done through entertainment like Disney
McDonalds is now in 100 different countries worldwide and Netflix, Nike and Apple has gained global recognition