UAE-backed deal could be disastrous for UK government and freedom of press, opponents say. MPs have attacked the proposed UAE-backed takeover of the Telegraph newspapers, warning that it is impossible to “separate sheikh and state” and calling for further investigations to be launched before the deal “turns into a disaster for the government”. Julia Lopez,...
Abu Dhabi-backed Redbird IMI has submitted a new proposal relating to its planned takeover of the Telegraph newspaper, likely prompting a fresh government probe on public interest grounds, British media minister Lucy Frazer said on Wednesday. The regulators had been due to report back to Frazer by the end of Friday on the first probe....
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...