© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

UK government extends powers to intervene in foreign takeovers

Rules now in force give ministers more scope to unpick acquisitions that could harm national security

Ministers have greater powers to block foreign takeovers of British firms after new rules came into effect on Tuesday giving them more scope to unpick deals that have the potential to harm national security.

The National Security and Investment Act, which enhances existing powers, is described by the government as the “biggest shake-up of the UK’s national security regime for 20 years”.

Continue reading…

Related posts

No toilets in 6,900 prison cells in England and Wales, minister reveals

AEA3

Rishi Sunak says he ‘inherited’ very high immigration from Boris Johnson

AEA3

Russia failing in its war aims, says top US diplomat on visit to Kyiv

AEA3

Pin It on Pinterest

Share This