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The Guardian - UK
The Guardian - UK
Business
Mark Sweney Media business correspondent

Decision on foreign state stakes in UK press could end Telegraph limbo

Daily Telegraph newspaper
Labour has been considering the ownership threshold since the Conservative government last year blocked foreign states or associated individuals from owning UK newspapers. Photograph: Maja Smiejkowska/Reuters

The government will allow foreign states to own stakes of up to 15% in British newspapers in a move that could finally end two years of uncertainty over the ownership of the Telegraph titles.

The Department for Culture, Media and Sport is to announce the limit on Thursday through the introduction of a new statutory instrument in parliament, ending a months-long consultation involving intensive lobbying by newspaper owners.

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