Rishi Sunak is poised to ditch plans to privatise Channel 4 after 40 years of public ownership in another major U-turn.
The Prime Minister vowed to push ahead with moves to sell off the public service broadcaster during the Tory leadership contest in the summer.
But industry insiders are expecting the plan to be dropped from the upcoming Media Bill as Mr Sunak overhauls his policy agenda, according to the FT.
