Foreign Investment in UK
(asked on 7th December 2016) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what safeguards his Department has to ensure that rules on mergers and acquisitions do not damage foreign direct investment.
This question was answered on 14th December 2016
The UK has one of the highest rates of foreign direct investment in the world. Our merger regime, based on transparent rules that are administered by independent bodies, supports this. Ministers can intervene in mergers that concern public interest issues relating to national security, financial stability, and media plurality. This provides confidence to investors.