Newport Wafer Fab Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Lord Campbell of Pittenweem
Main Page: Lord Campbell of Pittenweem (Liberal Democrat - Life peer)Department Debates - View all Lord Campbell of Pittenweem's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 8 months ago)
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Lord Callanan (Con)
I am sorry, but that comment is unwarranted. This is a commercial transaction between a company called Nexperia and Newport Wafer Fab. There are a lot of jobs involved—people are employed by Newport Wafer Fab—and this is an important issue. The Government will consider it properly with appropriate due diligence, based on the advice from a number of other government departments and from the National Security Adviser. The Business Secretary will take a decision in due course.
Lord Campbell of Pittenweem (LD)
My Lords, did not the Prime Minister announce on 7 July last year an investigation and a review into this matter? What has happened to that review?
Lord Callanan (Con)
The Prime Minister announced that the National Security Adviser would be asked to look at the transaction, and he is indeed doing that.