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Written Question
Foreign Investment in UK: Exemptions
Tuesday 6th August 2024

Asked by: Baroness Stowell of Beeston (Conservative - Life peer)

Question to the Department for Digital, Culture, Media & Sport:

To ask His Majesty's Government when they plan to make regulations under Schedule 7 to the Digital Markets, Competition and Consumers Act 2024 to provide limited exemptions for permissible investment funds associated with foreign powers, and other associated regulations.

Answered by Baroness Twycross - Baroness in Waiting (HM Household) (Whip)

The previous government launched a technical consultation on The Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) Regulations 2024, which ran from 9 May to 9 July. We will respond to the consultation in due course.