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Rishi Sunak: UK needs to protect tech secrets from foreign investors

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October 02, 2020 at 05:51PM

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New state aid rules required to stop hostile countries getting access to firms, says chancellor

Britain needs new state aid rules in order to be able to protect itself against hostile states intent on stealing technological secrets and jobs, Rishi Sunak has said.

The chancellor said the UK had benefited from foreign investment but the government had to keep its eyes wide open to possible threats.

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