Telegraph takeover by German buyer cleared by culture secretary
Lisa Nandy says there are no grounds to refer Axel Springer deal to Ofcom, ending almost three years of uncertainty for titles
https://www.theguardian.com/business/live/2026/apr/14/iran-war-hurting-global-economic-growth-imf-meeting-rachel-reeves-oil-price-stock-markets-latest-updates">Business live – latest updates
The culture secretary has cleared https://www.theguardian.com/media/2026/mar/15/telegraph-sale-axel-springer-lord-rothermere-daily-mail">Axel Springer’s £575m takeover of the Telegraph, paving the way for the end of almost three years of uncertainty over the ownership of the titles.
Lisa Nandy said that she does not believe there are grounds to intervene and refer the deal to the media regulator, Ofcom, for an in-depth regulatory investigation.
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