The Foreign Office has been accused of attempting to block an official investigation into the takeover of The Telegraph by an Abu Dhabi-backed organisation. Lucy Frazer, the culture secretary, has said that she is minded to open a regulatory investigation into whether the bid by RedBird IMI would be against the public interest. The Telegraph...
British media minister Lucy Frazer said on Wednesday she was “minded to” intervene in a deal that could see Abu Dhabi-backed RedBird IMI take control of the Daily Telegraph, saying she had concerns about the newspaper’s independence. The right-leaning title and Spectator magazine, favourites of politicians in the leading Conservative Party, are being sold after...