All modern UK governments have been largely indifferent on protecting British industry, and when they do it normally blows up in their faces. It's now a case of 'fool me once, shame on you; fool me twice, shame on me'.
I had forgotten about this, to be honest, but national security grounds is either what it says on its face or "what is the smallest amount of intervention we can do here to satisfy all those critics talking about something we don't understand".
Our Prime Minister thought getting the Royal Mint to produce NFTs was a good idea. In 2022.
Our current government is indifferent to this.