In the wake of the decision to ban Huawei from involvement in the UK’s 5G telecoms network, a senior Conservative MP has called for changes to the law to safeguard a proposed nuclear power station from “malign foreign influence” from China. Bernard Jenkin called on ministers to introduce provisions through the upcoming national security and investment bill to grant the UK government a “golden share” in critical infrastructure projects being undertaken by foreign companies, like the Bradwell B power plant in Essex. Under his proposal, the share would grant the government powers to prevent takeovers and to appoint board members, while senior company executives would have special responsibilities to notify UK authorities if activities – such as the theft of nuclear secrets or the transfer of intellectual property – were taking place against the national interest.
Independent 14th July 2020 read more »
Bernard Jenkin: The Government should not allow China a role in our nuclear industry without new safeguards.
Conservative Home 14th July 2020 read more »