Telegraph Media Group Ltd: Acquisition

Sarah Owen Excerpts

Tuesday 30th April 2024 Commons Chamber

[Lucy Frazer]

I am very grateful for all the support my right hon. Friend gave me when he was in the Department and for the expertise he brought with him on the wider media and so many other matters. He makes an important point: the media landscape is changing. That is why we are looking at whether online news should be included in the scope of Ofcom’s powers.

[Sarah Owen (Luton North) (Lab)]

A number of staff at the Telegraph Media Group will be worried about their jobs, so what conversations has the Secretary of State had with trade union representatives of staff at TMG? I have just met the amazing bright, talented students at Luton Sixth Form College who are visiting today, some of whom may want a future in journalism, so will she say what impact this statement may have on media jobs and our ability to ensure a competitive media landscape in the future?

[Lucy Frazer]

One measure I took when issuing the public interest intervention notice and the pre-emptive order that followed it was to ensure that, whatever decision I took ultimately on this case, TMG was not prejudiced by the potential purchase. The pre-emptive order has always said that there should be no changes to the management or the editorial team of the Telegraph without my consent, to ensure that any changes in the interim would not be prejudiced by any ultimate sale, so I can give the hon. Lady the reassurance that measures are already in place to protect the staff at TMG in terms of this purchase. By the order today, I have highlighted that that pre-emptive order in relation to those staff continues.