Foreign Investment in UK: National Security — Written Question

Question

Charlie Dewhirst

Conservative — Bridlington and The Wolds

To ask the Minister for the Cabinet Office, what steps his Department has taken to safeguard British semiconductor firms from hostile foreign involvement; and how many transactions in that sector have been referred to his Department under the National Sec

Answer

Ms Abena Oppong-Asare

The National Security and Investment (NSI) Act 2021 gives the Government powers to scrutinise and potentially intervene in acquisitions of control over entities and assets in or linked to the UK that may pose national security risks. All areas of the econ...

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