B

Baroness Twycross (Lab)

Speaking in the House of Lords on 16 October 2025

Debate

Telegraph Media Group: Ownership

Contribution

I thank the noble Baroness for her engagement, not least with me, with the Secretary of State and with officials, which has enabled us to get to what I hope everyone agrees is a better place than where we were previously. I would like to reassure her that we still intend to lay the regulations preventing multiple foreign state-owned investors owning an aggregate of more than 15% of UK newspapers by the end of this month. This cap will apply to any live merger at the time it comes into effect. The cap means that state-owned investors can own up to a maximum of 15% of the total shares or voting rights in a UK newspaper, provided that their investment is passive. We are absolutely clear that the overall intention of the policy is that a foreign state should not have any control or influence. This is what the Secretary of State considers carefully when she looks at the details of each case.

More from Baroness Twycross (Lab)

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

Partner sites