Asked by: Vince Cable (Liberal Democrat - Twickenham)
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of a public interest test for takeovers of major UK companies supporting the UK's science base.
Answered by Margot James
The Government has said it will bring forward reforms to the approach to the ownership and control of critical infrastructure to ensure that the full implications of foreign ownership are scrutinised for the purposes of national security. The Government will publish the outcome of this review in due course.
Asked by: Vince Cable (Liberal Democrat - Twickenham)
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect on the UK economy of the proposed takeover of Aveva by Schneider Electric.
Answered by Margot James
This is a commercial matter for the parties concerned.