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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

GB News investor Paul Marshall seals £100m deal to buy Spectator

Paul Marshall Spectator GB News RedBird IMI Sunday Telegraph Daily
Spectator magazine
Paul Marshall has acquired the Spectator through his Old Queen Street Ventures vehicle. Photograph: Bloomberg/Getty Images

Sir Paul Marshall has sealed a £100m takeover of the Spectator magazine as the backer of GB News completes the next stage of his ambition to control a significant swathe of the UK’s conservative and rightwing media outlets.

Marshall, the hedge fund tycoon who already owns the UnHerd website, is also in the running to buy The Daily and Sunday Telegraph with the second round of bids by prospective buyers due by 27 September.

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