UK plans to ban foreign state ownership of newspapers
The UK government is seeking to curb foreign state influence over the country's media following a United Arab Emirates-backed investment firm's attempt to take over two national publications. During a debate in the House of Lords on Wednesday evening, media minister Stephen Parkinson said the government would propose an amendment to the "Digital Markets, Competition and Consumers Bill" currently making its way through Parliament. The amendment would prevent foreign state ownership of newspapers and news magazines, although it would still need to be approved in the House of Lords and the House ...