Telegraph Media Group Ltd: Acquisition Debate
Full Debate: Read Full DebateKevin Brennan
Main Page: Kevin Brennan (Labour - Cardiff West)Department Debates - View all Kevin Brennan's debates with the Department for Digital, Culture, Media & Sport
(6 months, 1 week ago)
Commons ChamberI understand my right hon. Friend’s points. When we bring forward legislation, it is important that it does not have loopholes. As a Department, we thought very carefully about how we can protect against that. When the Bill comes back to this House this afternoon, he will see that we have defined foreign state ownership very broadly. We have extended the definition to include not only ownership but control and influence.
Further to the excellent point made by my hon. Friend the Member for Luton North (Sarah Owen), may I press the Secretary of State? In her statement, she said that the order prohibits parties from making significant organisational and staff changes without her consent, and that the restrictions remain in place. Will she agree not to consent to any deal that involves significant job losses?
Obviously, it would be entirely inappropriate to say what decision I might take when exercising a quasi-judicial function without looking at the evidence, which is exactly what I would do.