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U.K. to ban foreign State ownership of British newspapers

Posted on March 14, 2024 By admin
U.K. to ban foreign State ownership of British newspapers

The announcement sparked an uproar in British media circles and the U.K. Government quickly opened a formal probe into the sale on public-interest grounds. File | Photo Credit: Reuters The U.K. announced on March 13 that it plans to bar overseas governments from owning British newspapers, a move that could scupper the contentious Abu Dhabi-led…

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U.K. govt. says it will back legislation to ban foreign state ownership of British newspapers

Posted on March 14, 2024 By admin
U.K. govt. says it will back legislation to ban foreign state ownership of British newspapers

United Arab Emirates Vice President Sheikh Mansour bin Zayed Al Nahyan. Mr. Sheikh Mansour has been a prominent figure in Britain since his 2008 takeover of soccer club Manchester City. File photo | Photo Credit: Reuters The United Kingdom government said on Wednesday, March 13, 2024, it will back legislation banning foreign state ownership of British…

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