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To ask the Minister for the Cabinet Office, pursuant to the Answer of 6 January 2025 to Question 20702 on Foreign Investment in UK: National Security, if he will publish mitigation measures taken as a result of final orders issued in the last year with the 2024-2025 NSI annual report.
To ask the Minister for the Cabinet Office, pursuant to the Answer of 6 January 2025 to Question 20702 on Foreign Investment in UK: National Security, if he will publish mitigation measures taken as a result of final orders issued in the last year with the 2024-2025 NSI annual report.
The Government publishes notices of final orders made on GOV.UK - this includes cases that are blocked, unwound, or cleared subject to conditions. The notices include a high level summary of what mitigation measures are imposed on the parties.
To ask the Minister for the Cabinet Office, how many referrals to his Department under the National Security and Investment Act 2021 of acquisitions of UK firms in the (a) defence, (b) cybersecurity and (c) AI sectors have resulted in a transaction being (i) modified, (ii) delayed and (iii) blocked...
To ask the Minister for the Cabinet Office, how many referrals to his Department under the National Security and Investment Act 2021 of acquisitions of UK firms in the (a) defence, (b) cybersecurity and (c) AI sectors have resulted in a transaction being (i) modified, (ii) delayed and (iii) blocked...
Transparency is a crucial part of the National Security and Investment (NSI) Act, whilst also balancing commercial and reputational considerations.
Information related to publication of final orders is available on GOV.UK. The Government also publishes annual reports to provide information about the transactions that it has been notified about and those it subsequently called in for a national security assessment. The NSI Annual Report 2023-24 was published on 10 September 2024. The period from 1 April 2024 to 31 March 2025 will be covered in next year’s annual report.
The annual reports include the proportion of notifications for each sector, however, cybersecurity falls under the artificial intelligence sector and is not reported separately.
The reports do not specifically include the number or proportion of transactions that relate to links to a company owned in (a) part or (b) whole by a foreign state, however, they include the number of accepted notifications, call-in notices issued, final notifications issued, withdrawals from a called in acquisition and final orders issued by origin of investment.
To ask the Minister for the Cabinet Office, how many acquisitions of UK firms in the (a) defence, (b) cybersecurity and (c) AI sectors have been referred to his Department under the National Security and Investment Act 2021 since 5 July 2024.
To ask the Minister for the Cabinet Office, how many acquisitions of UK firms in the (a) defence, (b) cybersecurity and (c) AI sectors have been referred to his Department under the National Security and Investment Act 2021 since 5 July 2024.
Transparency is a crucial part of the National Security and Investment (NSI) Act, whilst also balancing commercial and reputational considerations.
Information related to publication of final orders is available on GOV.UK. The Government also publishes annual reports to provide information about the transactions that it has been notified about and those it subsequently called in for a national security assessment. The NSI Annual Report 2023-24 was published on 10 September 2024. The period from 1 April 2024 to 31 March 2025 will be covered in next year’s annual report.
The annual reports include the proportion of notifications for each sector, however, cybersecurity falls under the artificial intelligence sector and is not reported separately.
The reports do not specifically include the number or proportion of transactions that relate to links to a company owned in (a) part or (b) whole by a foreign state, however, they include the number of accepted notifications, call-in notices issued, final notifications issued, withdrawals from a called in acquisition and final orders issued by origin of investment.
Today, I am setting out a series of new steps to boost the UK’s economic defences and enhance the capabilities of the Government to respond to economic security threats.
The openness of the UK economy is a reflection of our values, the driver of our prosperity and that which distinguishes us...
Today, I am setting out a series of new steps to boost the UK’s economic defences and enhance the capabilities of the Government to respond to economic security threats.
The openness of the UK economy is a reflection of our values, the driver of our prosperity and that which distinguishes us...
Today, I am setting out a series of new steps to boost the UK’s economic defences and enhance the capabilities of the Government to respond to economic security threats.
The openness of the UK economy is a reflection of our values, the driver of our prosperity and that which distinguishes us...
Today, I am setting out a series of new steps to boost the UK’s economic defences and enhance the capabilities of the Government to respond to economic security threats.
The openness of the UK economy is a reflection of our values, the driver of our prosperity and that which distinguishes us...