Oral Answers to Questions

Debate between Amanda Solloway and Yvette Cooper

Tuesday 10th November 2020 Commons Chamber

[Amanda Solloway]

Arm is an important part of the UK tech sector and makes a significant contribution to the UK economy. Although acquisitions are primarily a commercial matter for the parties concerned, the Government monitor them closely. When a takeover may have a significant impact on the UK, we will not hesitate to investigate further and take action. We will be scrutinising the deal carefully to understand its impact on the UK.

[Yvette Cooper (Normanton, Pontefract and Castleford) (Lab)]

What recent discussions he has had with the Chancellor of the Exchequer on providing additional support to businesses affected by covid-19 lockdown restrictions in the run up to Christmas.