23 min
Fallen Angels: The Fall of the House of ICI A Long Time In Finance
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- Business
For decades ICI was Britain's largest manufacturing company - a giant fixed point around which the rest of industry orbited. Then, in little more than a decade, it split itself up, sold many of its traditional businesses, and ran up big debts buying fancy but not very profitable fragrance companies. In 2006, the end came when it sold itself to a Dutch company and disappeared. We talk to writer and industrial commentator Nick Comfort about the fall of ICI and what it says about the way the UK economy has been run.
Presented by Jonathan Ford and Neil Collins.
With Nicholas Comfort.
Produced and edited by Nick Hilton for Podot.
In association with Briefcase.News
Hosted on Acast. See acast.com/privacy for more information.
For decades ICI was Britain's largest manufacturing company - a giant fixed point around which the rest of industry orbited. Then, in little more than a decade, it split itself up, sold many of its traditional businesses, and ran up big debts buying fancy but not very profitable fragrance companies. In 2006, the end came when it sold itself to a Dutch company and disappeared. We talk to writer and industrial commentator Nick Comfort about the fall of ICI and what it says about the way the UK economy has been run.
Presented by Jonathan Ford and Neil Collins.
With Nicholas Comfort.
Produced and edited by Nick Hilton for Podot.
In association with Briefcase.News
Hosted on Acast. See acast.com/privacy for more information.
23 min