The UK government recently announced a change in laws permitting a 15% state stake in the Telegraph newspaper titles, a significant increase from the prior 5-10% limit. This law came after a meeting with a senior UAE delegation at Downing Street, who sought clarity on ownership laws. Critics, including MPs and media figures, have decried this as risky for press freedom, and the Liberal Democrats plan to oppose the change in the House of Lords, highlighting fears of compromising editorial independence and further foreign interference in British media.
The new law allows the UAE to acquire a 15% stake in the Telegraph, increasing from the previous 5-10% limit, signaling potential foreign influence.
Fraser Nelson condemned the decision as an indefensible sellout, arguing it undermines parliament's commitment to protecting press freedom against state ownership.
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