B

Baroness Twycross (Lab)

Speaking in the House of Lords on 16 October 2025

Debate

Telegraph Media Group: Ownership

Contribution

We have settled on 15% as the cumulative amount, and this House had the opportunity to debate it at some length in July. Whether that is one FSI, one state-owned investor or a number of state-owned investors, it will not exceed 15%. The Competition and Markets Authority has been clear that it does not consider that a material influence would be likely to occur below 25%, so 15% is well within that limit.

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