Posted 3/11/2024, 8:12:00 AM
Labour and MPs Voice Concerns Over UAE Bid for The Telegraph
- Labour opposes UAE-backed takeover bid of The Telegraph, calling it a "threat to press freedom"
- Security minister Tom Tugendhat says government "shouldn't be shy" about blocking foreign takeover bids that threaten UK interests
- Proposed amendments would give Parliament veto power over foreign state takeovers of UK news media
- Cross-party MP concerns about UAE bid undermining democracy and making UK "vulnerable"
- Spectator editor and Telegraph columnist say they would likely resign if UAE bid succeeds, warning paper would lose independence