Posted 11/30/2023, 5:48:00 PM
UK blocks sale of Telegraph and Spectator to Abu Dhabi over media freedom fears
- UK government intervenes in sale of Telegraph and Spectator to Abu Dhabi investors
- Culture and media secretary issues public interest notice over concerns about foreign ownership
- Deal referred to competition and media regulators for scrutiny on jurisdiction, competition, news accuracy and free expression
- Former editors and politicians raised concerns about editorial independence under Gulf ownership
- Abu Dhabi investors taking financial risk that regulators may block their control despite paying Telegraph's debts