UK Proposes Ban on Foreign State Ownership of British Newspapers

he UK aims to block foreign governments from owning British newspapers, hindering Abu Dhabi’s Telegraph Media Group takeover. Media minister Stephen Parkinson confirmed the Conservative government’s move in the House of Lords, emphasizing safeguarding press freedom. The amendment to the Digital Markets Bill targets immediate implementation upon royal assent, exempting broadcasters. RedBird IMI’s majority owner, Sheikh Mansour, faces scrutiny over the Abu Dhabi-led acquisition.