B

Baroness Twycross (Lab)

Speaking in the House of Lords on 27 March 2025

Debate

UK Newspapers and News Magazines: Foreign State Investment Funds

Contribution

I genuinely do not underestimate the frustration that noble Lords feel on this point. In relation to the future of the Telegraph, there is a pre-emptive action order in place which prevents parties taking action to transfer ownership or control of the Telegraph, integrate the Telegraph business into other enterprise, or make any significant changes to the structural management of the Telegraph without the Secretary of State’s consent. This is to safeguard the business and its employees during the sale process. I can only restate the Government’s position, which is that I will be able to report back to your Lordships’ House very soon. I have highlighted to the department that there will be a debate shortly after Easter in which this issue is likely to come up again.

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