Written Question·Department for Business and Trade·UIN 13166
Overseas Investment: USA
Tabled: 8 November 2024
Answered: 14 November 2024
Named DayQuestion
Liam Byrne
Labour — Birmingham Hodge Hill and Solihull North
To ask the Secretary of State for Business and Trade, with reference to section 1.3 2. of the UK-US Atlantic Declaration, what progress his Department has made on engaging with (a) business and (b) financial stakeholders to develop an evidence base to (i)
Answer
Mr Douglas AlexanderThe Department for Business and Trade is engaging with businesses and financial stakeholders to better understand the potential national security risk posed by outward direct investment in sensitive sectors. In May, the Cabinet Office issued public guidan...
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