Investment Security Unit

(asked on 8th March 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, by what means Parliamentary scrutiny will be carried out of the classified aspects of the work of his Department’s proposed Investment Security Unit.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 11th March 2021

The Government intends to follow the appropriate procedures for reporting to Parliament on the work of the Investment Security Unit (ISU), by having the Department for Business, Energy and Industrial Strategy (BEIS) Select Committee oversee the Investment Security Unit’s work. The Committee already provides scrutiny on a number of sensitive areas, such as the civil nuclear programme, and it is well placed to consider how effectively and efficiently the Investment Security Unit is interacting with the business community and investors in delivering the National Security and Investment regime.

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