MPs back foreign investors owning minority stakes in UK newspapers
- MPs have approved a change in laws that allows foreign investors to own up to 15% of UK newspapers, clearing the way for RedBird IMI to purchase part of the Telegraph.
- The Commons voted 338 to 79 in favor of the new regulations proposed by Labour.
- Then-Conservative culture secretary Lucy Frazer expressed concerns about the impact of foreign influence on the news industry in April 2024.
- Culture minister Stephanie Peacock stated that the government introduced safeguards to balance newspaper industry sustainability with the risks of foreign state influence, emphasizing a cap at 15%.
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9 Articles
9 Articles
All
Left
3
Center
2
Right
1
Coverage Details
Total News Sources9
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
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