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Lord Wallace of Saltaire (LD)

Speaking in the House of Lords on 16 July 2025

Debate

Newspapers: Foreign Ownership

Contribution

My Lords, I note that the strategic defence review lists “efforts to manipulate information” among the methods of attack in any future security crisis. Clearly, the question of foreign influence by hostile states—or “unfriendly” states; they may not necessarily be entirely hostile—is a real issue that the MoD is flagging up as important. We have seen that, in many companies, 15% is enough to ask for a representative on the board. When the Minister says “passive investment”, is she implying that the investment will come without any attempt at all to intervene in the direction of the newspaper?

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