Budget 2021 – Investment in Innovation

In what has been described as the most important budget for business in a generation, the Chancellor of the Exchequer, Rishi Sunak, presented the 2021 budget to Parliament on 3 March 2021. (Our recent briefing on the Spring 2021 Budget can be found here). At the same time as publishing the Budget statement, the government … Read more

Updated UK Government guidance on exporting military or dual-use technology

The UK Department for International Trade has recently published updated guidance on the export of military and dual-use technology. The guidance focuses on how technology is defined and the scope of the regulations that govern the transfer of military and dual-use technology (i.e. technology that can have both military and civil uses), including important guidance … Read more

National Security and Investment Bill: A new dawn for review of foreign investment in the tech and comms sectors in the UK

Yesterday the UK Government introduced the National Security and Investment Bill (the Bill) to Parliament, setting out significant legislative reforms which will overhaul the review of transactions on national security grounds in the UK, against a backdrop of tightening of foreign direct investment (FDI) regimes globally. If passed, the Bill will introduce for the first … Read more