L

Lord Forsyth of Drumlean (Con)

Speaking in the House of Lords on 22 July 2025

Debate

Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) Regulations 2025

Contribution

Before my noble friend leaves the point, would she just pick up on what the noble Lord, Lord Fox, said? She just described the plight of the Daily Telegraph and other newspapers, basically saying they are struggling to be viable. So why would a foreign Government pay a premium price to invest in them? Are we assuming that foreign Governments are profligate with their money and that they do not invest to get a return? The noble Lord’s point was that the reason why they are prepared to pay £500 million or whatever it is for the Daily Telegraph, when other people are prepared to pay only £300 million or whatever, is that they are buying influence.

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