Foreign Investment in UK: Disclosure of Information

(asked on 20th September 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many notifiable acquisition applications under the National Security and Investment Act 2021 have been made since 4 January 2022.


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
Minister of State (Minister for Europe)
This question was answered on 28th September 2022

The Government published the National Security and Investment Act’s first Annual Report on 16 June 2022. This report covers the first 3 months of the system operating from 4 January 2022 to 31 March 2022. The report states that, in this period, the Investment Security Unit received a total of 196 mandatory notifications. The 2023 Annual Report will provide data on notifications received in the period 1 April 2022 to 31 March 2023.

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