Telegraph Media Group: Ownership

Baroness Smith of Llanfaes Excerpts

Thursday 16th October 2025 Lords Chamber

[Baroness Twycross (Lab)]

We have settled on 15% as the cumulative amount, and this House had the opportunity to debate it at some length in July. Whether that is one FSI, one state-owned investor or a number of state-owned investors, it will not exceed 15%. The Competition and Markets Authority has been clear that it does not consider that a material influence would be likely to occur below 25%, so 15% is well within that limit.

[Baroness Smith of Llanfaes (PC)]

My Lords, on the topic of media ownership, can the Government please clarify why the Senedd is not having a say on the appointment of the chair of S4C?

[Baroness Twycross (Lab)]

I will need to write to the noble Baroness on that matter, as it did not come up in the preparation for this Question and I do not want to give an incorrect answer.