Telegraph Media Group: Proposed Sale to RedBird IMI

Richard Foord 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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I thank my right hon. Friend for his expert cover for me. We discussed that subject in our handover, when he told me that there was no information that he could share because he was assiduous in his role and made sure that he was not involved in areas that he should not be. He asked about future ownership questions. He will be aware that we are debating the Media Bill after this urgent question. We have looked at some issues in relation to media, in particular the changing media landscape and how the internet has changed it. That has not covered all the issues that will be raised by this acquisition, but I am sure that once that the Media Bill has completed all its stages, we will be able to look afresh at the other holes in the landscape.

Richard Foord Portrait Richard Foord (Tiverton and Honiton) (LD)
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I appreciate that there is a limit to what the Minister can say about the potential sale of The Daily Telegraph to owners backed by the UAE, but are there any lessons for media freedom that the Government might learn from the creation of university branch campuses in the UAE, and what that has meant for freedom of speech?

Julia Lopez Portrait Julia Lopez
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I am afraid that is not a subject about which I know a great deal. I shall happily look into it and see whether there are any implications for our media landscape, but I cannot comment in relation to this specific acquisition.