Commons Sense

House of Commons · Written Ministerial Statement

Sale of the Telegraph update

09 March 2026 · Department for Culture, Media and Sport

Proposed by Lisa Nandy Lab Wigan

Culture, Media & Sport

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • The Secretary of State will assess the proposed sale of the Telegraph Media Group Holdings from RB Investco Limited to Axel Springer.
  • The assessment will be conducted under the public interest and foreign state influence media mergers regime.
  • Parliament will be updated at the earliest appropriate moment regarding the assessment.

Issue summary

The statement addresses the proposed sale of the Telegraph Media Group Holdings from RB Investco Limited to Axel Springer.

Action requested

The Secretary of State will assess the proposed deal under the public interest and foreign state influence media mergers regime and will update Parliament at the earliest appropriate moment.

Key facts

  • RB Investco Limited sought permission to sell its call option to Axel Springer.
  • The 2024 Order requires prior written consent from the Secretary of State for the transfer of ownership.
  • RB Investco requested derogation from the 2024 Order on 6 March 2026.
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