Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Michael Savage Media editor

UAE delegation visited No 10 before law change that paves way for stake in Telegraph

Daily Telegraph being posted through a letterbox
Should the law change go through as expected, it marks the beginning of the end for the Telegraph’s ownership saga, which has rumbled on for two years. Photograph: Chris Batson/Alamy

A delegation from the United Arab Emirates met Downing Street officials weeks before ministers announced a law change that allows the state to take a 15% stake in the Telegraph titles, the Guardian understands.

Ministers disclosed the cap this week as part of a long-awaited clarification on the rules around state ownership of British newspapers. It is higher than the 5%-10% ceiling envisaged by the previous Conservative government.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.