Newspaper Press: Ownership
The question
To ask the Secretary of State for Culture, Media and Sport, with reference to the press release of 15 May 2025 entitled Media law reforms to boost press sustainability and protect independence, whether a company (a) wholly owned by and (b) under the majority control of the Chinese government would be permitted to buy a stake of up to 15 per cent in a UK newspaper.
Answered by Stephanie Peacock
The new foreign state intervention (FSI) regime, set out in the Entreprise Act 2002, seeks to preserve the freedom of the press. It applies to all foreign powers that may seek to acquire control or influence a UK newspaper or news periodical and will be applied case by case based on the facts presented.
Our assessment on the potential impact of foreign states investing in UK Newspapers can be found in my Written Statement Ministerial of 15 May 2025 - Official Report Vol 767 Col 17WS.
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