Sky: 21st Century Fox Takeover Bid
Debate between Ruth Cadbury and Matt Hancock(7 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text
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Matt Hancock
I am grateful for the wisdom of the hon. Gentleman, who I know has taken a great interest in these affairs for a long time.
Ruth Cadbury (Brentford and Isleworth) (Lab)
More than 8,000 people work at Sky’s headquarters in my constituency, and many will be concerned about this news, particularly those in journalism. Is the Minister at all concerned that through this deal one man would take 100% ownership of one of the UK’s biggest media outlets?
Matt Hancock
I want to make it clear that the Secretary of State’s decision relates to media plurality. Of course, there are competition and labour market issues, but the Enterprise Act rules are clear about the breadth of the decision she will take, and she will follow those procedures very carefully.