Corporate report

Supplementary background information

Updated 6 February 2024

Background information

The statistics contained within this spreadsheet are provided for ease of access and reflect the information published in the NSIA Annual Report 2023.

Information in this spreadsheet is taken from Annex A of the Annual Report 2023 document.

Summary of data sources

Statistics were compiled using internal data from the Investment Security Unit

Contact details

For questions relating to the statistics contained within this spreadsheet, please contact investment.screening@cabinetoffice.gov.uk

Volumes

Notifications

Volumes Count
Total number of notifications received 866
Total number of mandatory notifications received 671
Total number of voluntary notifications received 180
Total number of retrospective validation applications received 15
Total number of notifications accepted/rejected 849
Total number of notifications accepted 806
Total number of notifications rejected 43
Total number of mandatory notifications accepted 642
Total number of mandatory notifications rejected 22
Total number of voluntary notifications accepted 152
Total number of voluntary notifications rejected 19
Total number of retrospective validation applications accepted 12
Total number of retrospective validation applications rejected 2
Number of notifications pending acceptance/rejection at the end of the reporting period 17

Call-ins

Volumes Count
Number of notified acquisitions reviewed 766
Number of acquisitions reviewed following a mandatory notification 617
Number of acquisitions reviewed following a voluntary notification 137
Number of acquisitions reviewed following a retrospective validation application 12
Number of call-in notices issued 65
Number of call-in notices issued following a mandatory notification 37
Number of call-in notices issued following a voluntary notification 17
Number of call-in notices issued following a retrospective validation application 1
Number of call-in notices issued for non-notified acquisitions 10
Number of times the additional period was used for called-in mandatory notifications 15
Number of times the additional period was used for called-in voluntary notifications or retrospective notifications 10
Number of times the additional period was used for called-in non-notified cases 4
Number of called-in acquisitions that used the voluntary period 10

Final notifications

Volumes Count
Number of final notifications given 57
Number of times the additional period was used for cases that were called in and subsequently issued a final notification 13
Number of times the voluntary period was used for cases that were called in and subsequently issued a final notification 2
Acquisitions withdrawn during the assessment period for which final notifications were issued 11

Final orders

Volumes Count
Number of final orders made 15
Number of acquisitions blocked or subject to an order to divest by final orders (included in the total number of final orders) 5
Number of final orders varied 1
Number of final orders revoked 1

Timings

Notifications

Timings Median (working days) Mean (working days)
Average number of working days from receipt of a mandatory notification to the Secretary of State notifying parties of a decision to accept that notification 4 5
Average number of working days from receipt of a mandatory notification to the Secretary of State giving written reasons of a decision to reject that notification 10 12
Average number of working days from receipt of a voluntary notification to the Secretary of State notifying parties of a decision to accept that notification 4 5
Average number of working days from receipt of a voluntary notification to the Secretary of State giving written reasons of a decision to reject that notification 7 9

Call-ins

Timings Median (working days) Mean (working days)
Average number of working days to decide to call in a mandatory notification once accepted 28 27
Average number of working days to decide to call in a voluntary notification once accepted 27 25

Final notifications

Timings Median (working days) Mean (working days)
Average number of working days between calling in an acquisition and issuing a final notification 25 31

Final orders

Timings Median (working days) Mean (working days)
Average number of working days between calling in an acquisition and issuing a final order 81 77