-Removed-Yes, exactly. The tender went out. A French firm won the tender as it offered the least costly manufacturing process. That's how tenders work. If the government acted any differently, it would be economically nonsensical. We don't have 120 million to throw around just for the sake of snubbing France - that's just childish.
Looks like the British company thought they could bank on the government to pick them so they didn't bother to offer a good price. Oopsy - poopsy, better luck next time. Tough lesson in business.
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-Removed-Cash is king. Did the owner think that Spreadsheet Phil (famous for being a superb accountant) would throw away 120 000 000 pounds for no reason when the NHS is struggling and we have austerity? Come now.
Competition is the engine of prosperity. Without it, we get lazy and arrogant. If I were the owner, I would be saying "this is a terrible loss, we will immediately review our manufacturing process and see if we can cut costs".
