National Security and Investment Bill to be presented to Parliament

Wednesday, 11 November 2020 07:37

Business, Energy and Industrial Strategy Secretary Alok Sharma will today present the National Security and Investment Bill to Parliament (First reading). The aim of this bill is to tighten the rules governing foreign investment across Britain’s critical infrastructure and parts of its defence industries. It is thought it will contain “powers to mitigate risks to national security – by adding conditions to a transaction or blocking the transaction as a last resort.” At present...Request free trial