Telegraph Media Group – update on sale
UIN: HLWS1191 I am repeating the following Written Ministerial Statement made today in the other place by my Right Honourable Friend, the Secretary of State for Culture, Media and Sport, Lisa Nandy MP:I wish to update the House on the sale of the Telegraph Media Group....
Written statements - Written questions, answers and statements - UK Parliament
Skip to main content
UK Parliament
Business
Written questions, answers and statements
Find written statements
HLWS1191
Telegraph Media Group – update on sale
Statement made on 17 December 2025
Statement UIN HLWS1191
Statement made by
Baroness Twycross
Minister for Museums, Heritage and Gambling, and DCMS Lords Minister
Labour
Life peer
Lords
Statement
I am repeating the following Written Ministerial Statement made today in the other place by my Right Honourable Friend, the Secretary of State for Culture, Media and Sport, Lisa Nandy MP:
I wish to update the House on the sale of the Telegraph Media Group. As I noted in my statement on
24 November
, under the terms of the Order made in January 2024, transfer of the ownership of the Telegraph Media Group is only permitted with the prior written consent of the Secretary of State. In my statement I said that I expected a submission of a request for my written consent to take no longer than three weeks.
I can confirm that I have received a formal request from the representatives of RB Investco Limited, the current owners of the call option to purchase Telegraph Media Group Holdings. The request is to allow RB Investco Ltd to derogate from the Order to sell their call option to Daily Mail and General Trust. I will now give the request thorough consideration.
My priority remains building a constructive path toward a timely sale, without further delay, that is in the public interest.
As I set out in my previous statement, I will also consider the potential new merger under the public interest and foreign state influence regimes in my quasi-judicial role as set out in The Enterprise Act 2002. I will act independently, review the evidence with which I am presented and follow a process which is scrupulously fair, transparent and impartial.
I will update Parliament at the earliest opportunity.
Statement from
Department for Culture, Media and Sport
Linked statements
This statement has also been made in the House of Commons
Department for Culture, Media and Sport
Telegraph Media Group – update on sale
Lisa Nandy
Secretary of State for Culture, Media and Sport
Labour, Wigan
Statement made 17 December 2025
HCWS1193
Commons