Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, with reference to the UK’s Modern Industrial Strategy, CP 1337, published on 23 June 2025, what progress he has made on the 12-week consultation on updating definitions covering the 17 sensitive areas of the economy subject to mandatory notification under the National Security and Investment Act.
On 22 July 2025, the former Chancellor of the Duchy of Lancaster, the Rt Hon Pat McFadden MP, published a 12-week consultation on updating the definitions of the 17 sensitive areas of the economy subject to mandatory notification requirements under the National Security and Investment Act 2021 through the Notifiable Acquisition Regulations.
The consultation closed on 14 October. The Government is currently considering the feedback received and will publish a consultation response summarising responses and setting out the proposals that will be taken forward, including possible secondary legislation, in due course.