Article 58XPJ MPs ask for details about guaranteeing UK jobs after Arm takeover

MPs ask for details about guaranteeing UK jobs after Arm takeover

by
Jasper Jolly
from on (#58XPJ)

Alok Sharma asked to explain what plans US buyer Nvidia has to keep jobs in Cambridge

The head of parliament's business committee has asked the business secretary what his department is doing to protect British tech firm Arm, adding to pressure on the government to review the controversial $40bn (31bn) takeover of the business by the US chipmaker Nvidia.

In a letter to the business secretary, Alok Sharma, Darren Jones, the chair of the business select committee, asked what assurances Nvidia had provided on retaining jobs in the UK if the deal went through.

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