Today’s news that the Government is enhancing its powers to protect national security from hostile foreign actors by blocking corporate investments, mergers and acquisitions looks like madness. Can we really afford to be turning away investment at a time like this, with Brexit on the horizon?
Yet not only is this change long overdue, it will actually help with inward investment – quite the opposite to what its critics allege.
Though it may seem pernickety to some, the debate on investment screening has rattled all through Whitehall and the City since the summer of 2016 when the Prime Minister sought to review the nuclear power plant deal agreed for Hinckley Point with Paris and Beijing by her predecessor.
Read more in the Telegraph.