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World

Lords amendment could thwart Emirati bid for Telegraph and Spectator

27 February 2024

7:06 PM

27 February 2024

7:06 PM

In an era of information wars, a ban on foreign powers owning news providers is an act of common sense

When the Emirati government moved to bid for the Daily Telegraph and The Spectator, via an investment vehicle called Redbird IMI, ministers were blindsided. Since the 2008 crash, autocracies have been testing how much infrastructure they are allowed to buy in newly debt-addled democracies (as this OECD report details) but Britain had not really joined other countries in setting limits.

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