Telegraph bought by US private equity giant Media The Daily Telegraph is poised to be sold to an investment consortium led by a US private equity firm, bringing a likely end to two years of uncertainty over its ownership. Redbird Capital Partners, one half of the vehicle which first bought the broadsheet newspaper from Lloyds bank in 2023, is the lead investor in [...]
Mark Kleinman: Reeves’ City IPO push still lacks momentum Business Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Reeves’ City IPO push still lacks momentum It’s the City’s most oft-recurring question: how do you reverse the alarming decline in London’s attractiveness as a destination for IPOs? The bald statistics legitimise the urgency of the [...]
Starmer to set date to increase defence spending during Trump visit – report Politics Sir Keir Starmer is expected to confirm a timeline to raise defence spending and give Donald Trump an invitation for a state visit when he visits Washington next week, per a report. The Prime Minister will have to walk a tricky line when he meets President Trump, balancing the UK’s support for Ukraine with the [...]
Starmer accused of ‘fudging the facts’ of his schooling by education expert February 1, 2025 Sir Keir Starmer has faced accusations of “fudging the facts” about his education, from the founder of a social mobility charity. Sutton Trust founder Sir Peter Lampl, who went to the same school as the Prime Minister, Reigate Grammar, made the claim as he attacked the government’s plans to charge VAT on private school fees. [...]
Badenoch urged to apologise or face ‘action’ from Farage over Reform row December 28, 2024 Nigel Farage has urged Kemi Badenoch to apologise or face “action” after she accused Reform UK of “fakery” over its membership numbers. The Reform UK leader will spend the weekend weighing up what action to take if the Conservative leader ignores his calls for an apology over the “crazy conspiracy theory”. Farage pushed back against [...]
Mark Kleinman: Hold the Telegraph front page – then hold it some more December 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles the Telegraph bid, Mike Ashley’s failed Boohoo approach and an oil deal in the North Sea I suspect you’d have got long odds on January 1 on the auction of The Daily [...]
Keir Starmer accused of ‘sidelining’ pledge to secure fastest growth in G7 December 2, 2024 Sir Keir Starmer has been accused of “sidelining” his pledge for the UK to have the fastest growth in the G7 ahead of a set of new targets aimed at making Brits feel richer. The Prime Minister has been criticised for appearing to ditch the “key election pledge” in what a Tory opponent told The [...]
Reeves has been ‘straight with the public’, No10 insists amid CV row November 18, 2024 Rachel Reeves has been “straight with the public” about Britain’s accounts and “restored financial stability”, No10 has insisted, amid claims the Chancellor exaggerated her CV. Reports emerged this weekend that Reeves had inflated the length of her service at the Bank of England in a Stylist interview in 2021. She told the magazine in 2021 [...]
Telegraph frontrunner has ‘high confidence’ in bid despite losing backer November 14, 2024 The frontrunner in the race to buy The Telegraph has maintained that his bid for the paper is still on track despite one of his key backers withdrawing its financial support. Dovid Efune, the British owner of the New York Sun, had entered exclusive talks to buy The Telegraph Media Group last month after trumping [...]
BBC cancels Boris Johnson interview after notes shared October 3, 2024 Boris Johnson’s prime-time interview with the BBC has been cancelled after briefing notes were shared with him by presenter Laura Kuenssberg “by mistake”. The former Prime Minister was meant to be interviewed by the former political editor in his first major sit-down since leaving office, to be broadcast on BBC One at 7.30pm on Thursday, [...]