UAE delegation visited No 10 before law change that paves way for stake in Telegraph
Exclusive: Delegates met officials weeks before UK set out higher-than-expected cap on foreign state ownership of newspapersA delegation from the United Arab Emirates met Downing Street officials weeks before ministers announced a law change that allows the state to take a 15% stake in the Telegraph titles, the Guardian understands.Ministers disclosed the cap this week as part of a long-awaited clarification on the rules around state ownership of British newspapers. It is higher than the 5%-10% ceiling envisaged by the previous Conservative government. Continue reading...
Exclusive: Delegates met officials weeks before UK set out higher-than-expected cap on foreign state ownership of newspapers
A delegation from the United Arab Emirates met Downing Street officials weeks before ministers announced a law change that allows the state to take a 15% stake in the Telegraph titles, the Guardian understands.
Ministers disclosed the cap this week as part of a long-awaited clarification on the rules around state ownership of British newspapers. It is higher than the 5%-10% ceiling envisaged by the previous Conservative government. Continue reading...
