Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, pursuant to the Answer of 6 January 2025 to Question 20702 on Foreign Investment in UK: National Security, if his Department will modify the National Security and Investment Act 2021 annual reporting to ensure a separate categorisation for sectors grouped within Artificial Intelligence.
Transparency is a crucial part of the National Security and Investment (NSI) Act, whilst also balancing commercial and national security considerations.
Sectors are reported in line with definitions presented in the Notifiable Acquisition (Specification of Qualifying Entities) Regulations 2021. Acquisitions are often associated with multiple areas of the economy. Information is only gathered at the sector level as the Act does not define more granular areas of the economy.