The new National Security and Investment Act enhances the government’s ability to investigate and intervene in mergers, acquisitions and other deals that could threaten the UK’s national security. The new measures are designed to simplify and speed up the investment screening process for investors and businesses. A new Investment Council will act as an advisory body to the UK government on foreign investment, made up of private sector global senior leaders from a variety of industries, including technology and infrastructure. The Council will operate alongside the recently formed Office for Investment, tasked with landing high-value investment opportunities in infrastructure, clean technologies and R&D. (more…)
The House of Commons Science and Technology Select Committee’s Second Report 5G market diversification and wider lessons for critical and emerging technologies highlights the dependency of the UK’s 5G rollout on just two vendors, posing risks to network resilience and security.
Drawing on evidence taken throughout the course of the inquiry, the report warns against repeating mistakes as new and important technologies evolve. MPs have called on the government to publish a white paper within 12 months with an action plan. The paper should assess the risks of global technological divergence of standards, identify critical emerging technologies, risks of dependency on high-risk vendors, and set out the government’s proposed response. The report sets out a series of recommendations for the current telecommunications rollout, recently addressed in the government’s 5G Supply Chain Diversification Strategy. (more…)
Government announced its £250m strategy setting out targeted plans to diversify the global telecoms supply market. It focuses on three key areas of activity:
- Supporting incumbent suppliers to ensure their resilience and ability to supply the market in the near term, while supporting their transition into the emerging market structure;
- attracting new suppliers into the UK market to build resilience and competition, prioritising deployments that are in line with government’s longer-term vision; and
- accelerating open-interface solutions and deployment so that the UK is not reliant on any single vendor and begins to realise the long term vision for a more open and innovative market.