Foreign Investment in UK: National Security
The question
To ask the Minister for the Cabinet Office, how many transactions under review under the National Security and Investment Act remain under review beyond the 30-working-day statutory deadline.
Answered by Ms Abena Oppong-Asare
The Government publishes information on the operation of the National Security and Investment Act in the NSIA Annual Report. The most recent report, covering the 2023/24 reporting period, can be found on GOV.UK. Of the 847 notifications reviewed by the Government in this period, 810 (96%) were told within 30 days that no further action would be taken. The other 37 (4%) were called in for further assessment.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →