Minsters want national security measure after failed boardroom coup at technology firm
An aborted Chinese-led boardroom coup at a British technology firm is set to force the UK government to adopt stronger intervention powers to prevent hostile countries taking major stakes in strategic UK businesses.
The coup, involving putting four Chinese government-backed members on to the board of Imagination Technologies, has led Tory backbenchers to demand ministers toughen pre-existing plans to add a stronger national security element to UK takeover laws.
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