United Kingdom · Question · Written question
UIN 37495
Takeovers: Private Equity
Introduced
21 July 2021
Last action
6 September 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
6 September 2021
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to prevent private equity companies (a) taking over UK-based firms and (b) sending profits arising in the UK to overseas tax havens.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
21 July 2021
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to prevent private equity companies (a) taking over UK-based firms and (b) sending profits arising in the UK to overseas tax havens.
Source: Commons
6 September 2021
Answer
The UK is open for business, and we welcome investment in our economy. The details of mergers and takeovers are primarily a commercial matter for the parties concerned, and there is an established process for considering whether there are specific public ...
Source: Written answer
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
No documents linked.
Sponsors
- · Department for Business, Energy and Industrial Strategy · Answering body
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-07-21/37495
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1349157
- uk · wq-1349157 · source updated 6 September 2021