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ARTICLE · 28 OCTOBER 2024

UK Financial Insights From Katten | Issue 15

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UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe.

GlobalFinance and Banking

UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe.

To read more issues of UK Financial Insights from Katten, please click here.

The New UK Government, Industrial Strategy and the National Security and Investment Act

By Oliver Williams, Edward Tran, Alex Potten, Omar Malek

At a meeting of business leaders and global investors in London in mid-October, Prime Minister Sir Keir Starmer told the audience that his government would "rip up" Britain's bureaucracy in a bid to unlock the "shock and awe of investment." A month prior, Sir Keir's government published its National Security and Investment Act 2021 (NSI Act) Report of scrutiny and intervention in proposed investments in or acquisitions of British companies or assets pursuant to its powers under the NSI Act, albeit containing data from a period entirely under the previous government. In

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