Telegraph Media Group Ltd: Acquisition

Jamie Stone Excerpts

Tuesday 30th April 2024 Commons Chamber

[Lucy Frazer]

Let me offer my right hon. Friend reassurance, because that legislation is coming to the House today. I know that a lot of Members of this House and of the other place raised those concerns, and it is right that we brought forward an amendment to put absolutely beyond doubt that fact that it would be inappropriate for a foreign state to own our news media. That is why we built on Baroness Stowell’s amendment to put that beyond doubt and to put it in a form that works well. I am grateful to Baroness Stowell for the work she is putting into her amendment. I recognise the other point my right hon. Friend made about online media and it is absolutely something we are looking at.

[Jamie Stone (Caithness, Sutherland and Easter Ross) (LD)]

Thanks are due to the Secretary of State for this decision. The Spectator will be free from foreign influence and can carry on describing me as, “A languid old gent who represents a craggy constituency somewhere near Norway.” As she says, that is freedom of speech and one must put up with what one must put up with—good luck to these eminent publications. Does she realise, however, that also fundamental to democracy and freedom of speech is the continued survival of our myriad local newspapers the length and breadth of this sceptred isle? They are in difficulty and if they go down, we will be the poorer for it. I do not expect an answer now, but may I at least ask her to look at this issue as one that is important?

[Lucy Frazer]

I absolutely understand that and I have done a number of roundtables where I have talked to the local media sector. The hon. Gentleman will be aware that in the past we have had a local news fund. He will also be aware of the measures we have on business rates for local news media. I am very conscious of the need to support our local media, which play a vital role in ensuring that we have local democracy. He will also know that one measure we put in at the mid-term review was to ensure that where the BBC took steps in spaces where there was already a competitive media market, it should engage more widely with those it was affecting.