Ministers award �300,000 takeover intelligence contract to firm part-owned by Tory MP

Markhollingsworth22 Feb, 2022News

A data intelligence firm partly owned by an influential Tory backbencher has won a government contract to monitor foreign takeovers of British companies, under new laws to curb Chinese and Russian influence. Tom Tugendhat, the chairman of the foreign affairs select committee, is a shareholder in Business Funding Research Ltd, which trades as Beauhurst.