Telegraph Media Group: Ownership Debate
Full Debate: Read Full DebateLord Purvis of Tweed
Main Page: Lord Purvis of Tweed (Liberal Democrat - Life peer)Department Debates - View all Lord Purvis of Tweed's debates with the Department for Digital, Culture, Media & Sport
(2 days, 20 hours ago)
Lords ChamberI 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.
Further to my noble friend Lord Newby’s question on whether China is part of the consortium, and given what the Deputy National Security Adviser said about China being a threat, why would this not automatically trigger a referral through the provisions under the National Security and Investment Act?
There are no specific rules relating to the media merger regime on hostile states, but the bar for intervention within the regime is low. I would like to reassure the noble Lord that any sale of the Telegraph will be subject to the regime. As I stated earlier, it could be considered under the National Security and Investment Act if the Secretary of State deems, in her considerations, that the transaction would raise national security concerns. As I said earlier, it would be inappropriate for me to comment on a live merger case; this is a quasi-judicial process, and it is for the Secretary of State to determine the matter.