© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
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

Germany v Japan: World Cup 2022 – live

AEA3

Johnson ‘squared up’ to the King over Rwanda plan, claims former press chief

AEA3

German foreign minister defends delay in sending armoured vehicles to Ukraine

AEA3