
Watch: Lord Forsyth warns of foreign states owning British newspapers
All eyes were on the House of Lords this afternoon where it is the second reading of the Media Bill. Lord Forsyth, the former Scotland Secretary, has tabled what is known as a ‘motion to regret’ – a device which allows peers to express their opposition to legislation without stopping it. Forsyth’s ire had been sparked by the failure of the Bill to include a motion banning the ownership and control by foreign governments of British newspapers. It comes as the Emirati government is seeking to buy both the Daily Telegraph and The Spectator, via an investment vehicle called Redbird IMI. In his speech this afternoon, Forsyth criticised those who suggested that the
