The right-leaning title and Spectator magazine, favourites of politicians in the leading Conservative Party, are being sold after Lloyds Banking Group in June seized control following a long-running dispute with former owners the Barclay family
Culture Secretary Lucy Frazer said she s "minded to" issue a so-called Public Interest Intervention Notice. "This relates to concerns I have that there may be public interest considerations," that are "relevant to the intended loan repayment by the Barclay family and the planned acquisition of Telegraph Media Group by RedBird IMI," she said in a statement Wednesday. "These concerns warrant further investigation."