Infrastructure: Foreign Investment in UK

(asked on 3rd July 2020) - View Source

Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, what plans he has to review the policy of enabling foreign (a) governments and (b) companies to invest in critical national infrastructure.


Answered by
Penny Mordaunt Portrait
Penny Mordaunt
Lord President of the Council and Leader of the House of Commons
This question was answered on 8th July 2020

The Government considers national security implications arising from foreign investment on a case-by-case basis.

On 22 June this Government laid secondary legislation to amend the Enterprise Act 2002, strengthening the Government’s powers to intervene in certain investments made into the UK.

The Government will also bring forward the National Security and Investment Bill when Parliamentary time allows. As announced in the Queen’s Speech, the Bill will upgrade the Government’s powers to scrutinise investments and consider the risks that can arise from hostile parties acquiring ownership of, or control over, businesses or other entities and assets that have national security implications.

Reticulating Splines