UK government plans to ban foreign states from owning/influencing British newspapers.

The UK government plans to change the law and ban foreign states from owning, influencing, or controlling British newspapers. This move follows concerns about potential takeovers of British newspapers by foreign powers, such as the Abu Dhabi-backed Redbird IMI's bid for The Telegraph. The legislation, expected to be outlined in a debate in parliament's upper House of Lords, would give ministers the power to block such deals.

March 13, 2024
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