Article 6XB2N UAE delegation visited No 10 before law change that paves way for stake in Telegraph

UAE delegation visited No 10 before law change that paves way for stake in Telegraph

by
Michael Savage Media editor
from World news | The Guardian on (#6XB2N)

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.

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