Member

Let us look at why such transactions are happening in the first place. Normally, when a financial investor puts their money into something, their primary intention is capital growth or an income: they are looking for a return on that investment. I expect speakers, either explicitly or implicitly, to say that the newspaper industry has more or less exhausted the possibilities of attracting many classes of investor. The Minister herself used the word “desperate” at least once, if not more, which is why the sector is so desperate to access funds such as those we see in the Telegraph bid. I also expect these speakers to use this desperation to justify supporting the 15% access for foreign influence funds.