Question to the Cabinet Office:

To ask His Majesty's Government, further to recommendations made by the House of Commons Business and Trade Sub-Committee on National Security and Investment on 9 February in their submission to the Government’s call for evidence ahead of reforms to the UK’s investment-screening regime, what steps they are taking to strengthen the screening processes under the National Security and Investment Act 2021 to better align with the investment rules of UK allies.

The Government is grateful for each response to the recent Call for Evidence on the National Security and Investment Act, including the submission from the Business and Trade Sub-Committee. The Government is now analysing all the responses and will respond publicly in due course.

The NSI Act brought the UK’s approach to investment screening in line with many of our allies. Whilst the vast majority of acquisitions pose no national security risk, where the government does identify risk, it will not hesitate to act.