The Abu Dhabi fund pursuing a takeover of The Telegraph has been accused of “last-minute smoke and mirrors” after it revised the deal prompting further delays and uncertainty. Writing in The Telegraph, the former Conservative leader Sir Iain Duncan Smith said the changes were “undoubtedly an attempt to convince the regulators and responsible ministers that...
The Foreign Secretary spent three weeks in January lecturing in politics at NYU Abu Dhabi which is bankrolled by the Emirates. Downing Street has published details of Lord Cameron’s links to the United Arab Emirateswhich could have a “bearing on” his role as Foreign Secretary. Rishi Sunak’s ethics adviser included the former prime minister’s role...
Lord Hague comes out against ‘disturbing’ UAE attempt to buy The Telegraph. Lord Hague has described The Telegraph’s proposed takeover by Abu Dhabi as “disturbing” and one that “should be prevented”. The former foreign secretary called on Lucy Frazer, the Culture Secretary, to intervene by triggering a regulatory investigation in the public interest. Writing in...
Deal could be referred to Ofcom but some analysts say concerns about foreign influence may be overstated. Shortly after midday on Monday, an email arrived in the inbox of staff at the Daily Telegraph from their editor. “Over the weekend a number of you have asked me questions about the future ownership of the Telegraph,” Chris Evans...
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...
The UK government is leaning toward ordering a probe into RedBird IMI’s proposed Telegraph deal, after the prospect of an Abu Dhabi-backed fund taking control of the British newspaper raised national security concerns among some Conservative lawmakers. Culture Secretary Lucy Frazer said she’s “minded to” issue a so-called Public Interest Intervention Notice. “This relates to concerns I...
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...