Newport Wafer Fab

Lord Forsyth of Drumlean Excerpts
Thursday 7th April 2022

(2 years, 7 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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I can confirm that the review is taking place.

Lord Forsyth of Drumlean Portrait Lord Forsyth of Drumlean (Con)
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My Lords, what does my noble friend make of the remarks by the adviser to the Board of Trade, Tony Abbott, that the sale of Newport Wafer Fab would not go ahead were it happening in Australia? What discussions have been had with him, and with our allies in the Five Eyes network?

Lord Callanan Portrait Lord Callanan (Con)
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What would happen in Australia is a matter for the Australian Government. Tony Abbott is a member of the Board of Trade, and of course we value his insight and opinions, but this is a quasi-judicial decision that will be taken in the interests of the United Kingdom by the Business Secretary.