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United Kingdom · Question · Written question

UIN 141432

Royal Mail: Vesa Equity Investment

answeredUnited Kingdom· UK Parliament· EN

Introduced

7 February 2023

Last action

27 February 2023 · Answer

Status

Answered

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Discovery layer

Source updated

27 February 2023

Summary

To ask the Minister for the Cabinet Office, for what reason his Department allowed Vesa Equity to increase its stake in Royal Mail group.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 February 2023

    Written question

    To ask the Minister for the Cabinet Office, for what reason his Department allowed Vesa Equity to increase its stake in Royal Mail group.

    Source: Commons

  2. 27 February 2023

    Answer

    The Secretary of State takes decisions under the National Security and Investment Act 2021 in a quasi-judicial capacity. The Investment Security Unit coordinates expertise from across Government so that the Secretary of State may make decisions based on t...

    Source: Written answer

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