Ministers will announce plans for an increase in government scrutiny of foreign takeovers in British industries that present national security concerns.

Under the proposals to be unveiled on Tuesday, dealmakers will be encouraged to notify the government ahead of any transactions that could give rise to security risks.

That will apply even if the takeover targets are very small and even if the deal involves just the acquisition of an asset, intellectual property or shareholding.


Jeremy Hunt has warned that without a “change in approach from the EU negotiators”, there is now a “very real risk of a Brexit no deal by accident”.

The foreign secretary said “many” in the EU believed they just had to “wait long enough and Britain will blink” but “that’s not going to happen”.

In the meantime we are keen to receive from CFOs, FDs and other C-suite members your thoughts on what the effects of the Brexit process are on business.

Please respond, either openly or anonymously to any or all of the following questions to [email protected] by 15 August:

-Do you think the government’s recent Brexit White Paper is the right step forward?

-What alternative amendments or wholesale changes would you prefer to see?

-How do you feel about long term forward planning, given the current uncertainty around Brexit?

(Answers will be published in Financial Director in August)