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After a long silence during which great swathes of Britain s aerospace and defence industries have disappeared into private equity and overseas hands, ministers look at last to have decided that enough is enough. Following a dramatic £6.3billion bid for aerospace and engineering firm Meggitt – vital suppliers to the UK s big two defence contractors BAE Systems and Rolls-Royce – the Government has said it is minded to intervene. The proposed takeover by US competitor Parker-Hannifin at least comes from a trade buyer and one of Britain s Nato allies. This can only be preferable to a private equity group only interested in a quick deal, an easy profit and with no loyalty to anyone.

United kingdomCity ofNigel ruddKwasi kwartengLondon stock exchangeUltra electronicsBusiness secretary kwasi kwartengSenior engineeringSecretary kwasi kwartengஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்நைகல் முரட்டுத்தனம்லண்டன் ஸ்டாக் பரிமாற்றம்அல்ட்ரா மின்னணுவியல்மூத்தவர் பொறியியல்