Russia’s war on Ukraine underlines the need for resolve in maintaining Britain’s technological edge in national security. The National Security and Investments Act was meant to ensure that the UK’s exceptional defence technologies stay where they belong. It is hard to imagine that a wartime Churchill government would have allowed vital UK tech, such as radar and Enigma, to fall into uncertain ownership. Instead of blocking a series of defence takeovers, Business Secretary Kwasi Kwarteng and the Government appear prepared to allow critical defence technology to be transferred into unsafe hands. A range of UK defence technology stocks currently are in jeopardy.
Source: Daily Mail April 04, 2022 22:49 UTC