hello, i m with your top business stories. should one of britain s most influential newspapers be owned by the abu dhabi royal family? that s a question the uk government has been grappling with since the 169 year old daily telegraph agreed to a major investment from a uae backed firm late last year. redbird imi is backed by shekih mansour bin zayed al nahyan who also owns manchester city football club. the deal has been put on hold until later this month while uk media regulators examine it. but the man leading the bid, the former boss of cnn jeff zucker, has dismissed concerns about editorial interference by the gulf government at the telegraph and its sister magazine the spectator. speaking exclusively to our business editor simonjack, he said the deal will provide much needed investment in uk journalism. we think it is a two terrific brands that have been under invested in for a long time and is a great opportunity to export these brands, to invest in these brands, br
should the abu dhabi royal family be allowed to buy britain s daily telegraph newspaper? the man leading the bid says its editorial independence would be safe. the fact is, democracy needs journalism and today, journalism and today, journalism needs investment and that s what we are here to provide. also coming up is an end in sight to europe s cost of living crisis? we ll take the temperature as the eurozone awaits its latest inflation data. plus, sandwiched in the middle. the boss of mcdonald s says it s taking a meaningful hit to its business from boycotts over its peceived support for israel. and tinseltown on thames. from barbie to batman. the british film industry is on a roll as more studios move production to the uk.
journalism and today, journalism needs investment. figs journalism needs investment. as a journalism needs democracy, its lasting abu dhabi provides is it not? imi controls other media things. for example, the princes of the riz lateef are, member of the day and family fled in 2019, it was a big story a national didn t cover it at all, he s usually signage same agendas will be free to roam wherever they want given the ownership? i roam wherever they want given the ownership? roam wherever they want given the ownership? i can guarantee that journalists the ownership? i can guarantee that journalists will the ownership? i can guarantee that journalists will be - the ownership? i can guarantee that journalists will be free - thatjournalists will be free to roam wherever they want. there will be no involvement from imi, that underpin in our guarantees to the uk government through 0fcom, its complete independence. we have now committed to an editorial trust board and that editorial bo
but the man leading the bid the former cnn bossjeff zucker has dismissed concerns about editorial interference by the gulf government at the telegraph and its sister magazine the spectator. speaking exclusively to our business editor simonjack he said the deal will provide much needed investment in uk journalism. we think these are terrific brands that have been underinvested in, and we think there s a underinvested in, great opportunity to export these brands, to invest in these brands. brands like this become available very rarely. 70% of telegraph subscribers said they were less likely to renew their subscription. senior conservative mps have said that uae royal family are not fit owners of our media. a former editor said it would be unforgivable to it to fall under the control of a foreign power which doesn t respect values of freedom of expression. and currentjournalists have voiced grave concerns. no one wants this deal. uae ownership damages credibility and therefore destr
emirates, wants to be owner, having paid off the previous owner s debts. the front man for the gulf backed bid, former president of cnn, said they would undertake legally binding commitments to preserve press freedom. t commitments to preserve press freedom. .., commitments to preserve press freedom. .. ., ., commitments to preserve press freedom. ., ., ., ., , , freedom. i can guarantee “ournalists will be free to t freedom. i can guarantee “ournalists will be free to roam freedom. i can guarantee journalists will be free to roam wherever - freedom. i can guarantee journalists will be free to roam wherever they l will be free to roam wherever they want. they will be no involvement from imi. that is underpinned in our guarantees to the uk government through ofcom, that they will be complete and total editorial independence. readers, journalists and mps have cast doubt on whether these commitments are enforceable, and the potential new editor in chief says gulf cash should be welc