Lord Reid: Merger collapse a 'failure of politics'
The former defence secretary Lord Reid said the BAE Systems and EADS merger failing is a "huge missed opportunity" and a "failure of politics".
The former defence secretary Lord Reid said the BAE Systems and EADS merger failing is a "huge missed opportunity" and a "failure of politics".
Major defence firms BAE and EADS are blaming politicians for the collapse of their £25bn merger deal.