BRITAIN is going Dutch.
According to the latest update of Dun & Bradstreet's Who Owns Whom, out this week, for the second year running the Netherlands is the largest European parent of subsidiary companies in the UK. There are 2,282 of them across the country, slightly more than 2,275 German subsidiaries and 2,084 firms with French parent companies. By far the largest foreign owners are American companies which have 7,130 offshoots in Britain. The total number of foreign companies with a British operation was up four per cent on the 1997 figure to 23,300. Dun & Bradstreet's latest survey of business failures, also out this week, reveals that in the first half of 1998 the number businesses going bust has started to go up in the UK but contniued falling across most of Europe.
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