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Peers call for independent body to take control of Telegraph sale

Lords say culture department has mishandled process and suggest CMA or Cabinet Office oversee new auction

The government has been urged to take control of the sale of the Telegraph through an auction run by a body such as the UK competition regulator or the Cabinet Office.

Peers called on the culture secretary, Lisa Nandy, to wrest the sale process from RedBird IMI, which is majority funded by the United Arab Emirates, in questions put to Labour minister Fiona Twycross in the House of Lords on Wednesday.

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from The Guardian https://ift.tt/pJ3vY2l
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