As such, the government needs to further reform national-security investment rules to depoliticise sensitive decisions in favour of a regime with more predictability, transparency and accountability. In summary, they include: Provide a clear picture of national security through an annual assessment that feeds into guidance for the ISU, set up under the National Security and Investment Act. Transparency, Predictability and Accountability Transparent, Predictable, AccountableThe NSIA clearly strengthens the UK’s ability to screen foreign takeovers over national-security concerns. Currently, the convention is for a new government to conduct a National Security and/or Strategic Defence and Security Review once over four to five years. Detailed supply-chain mapping in the US, for example, has allowed the Biden administration to differentiate between supply-chain vulnerabilities based on economic security and those based on national security.

Source: The Guardian March 14, 2023 17:19 UTC