Telegraph Media Group: Proposed Sale to RedBird IMI

Jim Shannon Excerpts
Tuesday 30th January 2024

(2 months, 4 weeks ago)

Commons Chamber
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Julia Lopez Portrait Julia Lopez
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As my right hon. Friend will be aware, the decision-making process is not mine. I will not be the person to make a judgment call on this matter. The CMA and Ofcom have until 11 March to issue their initial report. At that stage, undertakings can be accepted or a second stage can be opened. I am sure that all these questions will be in the Secretary of State’s mind as she makes that judgment.

Jim Shannon Portrait Jim Shannon (Strangford) (DUP)
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I thank the Minister very much for her answers, which are always very helpful, and we appreciate that. Can she outline if measures can and will be put in place to secure editorial freedom in the long term? We look to a nation with completely different ideals, but which has capacity to shape the media narrative and public information. How can we make sure that we retain trust?

Julia Lopez Portrait Julia Lopez
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As the hon. Gentleman will be aware, a public notice has been issued on this matter. Ofcom will look expressly at accurate presentation of the news and free expression of opinion when it makes its reports and judgments known. I hope that will give him some assurance about how the media considerations will be looked at, not just the competition aspects.