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

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 11 March 2021 to Question 164331 on parliamentary scrutiny of the new Investment Security Unit, under what provisions the Business, Energy and Industrial Strategy Select Committee could have oversight of that part of the work of the Unit which will involve (a) interaction with the Intelligence and Security Agencies and (b) consideration of highly classified material not normally made available to parliamentary Select Committees; and what the Government's policy is on effective parliamentary scrutiny of activities of the Unit involving material classified at the level of Top Secret.

The Business, Energy and Industrial Strategy (BEIS) Select Committee is well-placed to have oversight of the Investment Security Unit. 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.