Threads / Updating Media Mergers Regime / Telegraph Media Group – update on sale
News Announcement Published 17 Dec 2025 Department for Digital, Culture, Media & Sport ↗ View on Parliament

Telegraph Media Group – update on sale

UIN: HCWS1193 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 writ...

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HCWS1193

Telegraph Media Group – update on sale

Statement made on 17 December 2025

Statement UIN HCWS1193

Statement made by

Lisa Nandy

Secretary of State for Culture, Media and Sport

Labour

Wigan

Commons

Statement

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

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This statement has also been made in the House of Lords

Department for Culture, Media and Sport

Telegraph Media Group – update on sale

Baroness Twycross

Minister for Museums, Heritage and Gambling, and DCMS Lords Minister

Labour, Life peer

Statement made 17 December 2025

HLWS1191

Lords