Polish Nationalist Nawrocki Wins Presidential Election
A nationalist candidate backed by Donald Trump won Poland's presidential election, defeating the centrist mayor of Warsaw in a blow to the country's pro-European Union government.
Karol Nawrocki, a conservative historian and former boxer, won 50.9%, while Rafal Trzaskowski took 49.1%, according to Bloomberg News calculations based on data from 100% of precincts reported by the electoral commission.
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Who owns the news? It must not be a group of foreign powers
Who owns the news? Much of the Left has been obsessed with the issue for over a century. They have long railed against press barons and their supposed bias. So it is perhaps surprising that this Labour Government is taking such a lackadaisical approach to foreign states having substantial holdings in British newspapers. The last Conservative government back in December 2023 intervened to put on hold and scrutinise the proposed sale of The Telegraph to a company backed by Sheikh Mansour, the deputy prime minister of the United Arab Emirates. Columnists, including Charles Moore, The Telegraph's former editor, rightly argued that even if there was no actual interference in the newspaper's editorial line, there would be the perception that the paper would no longer be independent. This would fatally undermine the newspaper's standing by throwing away its reputation for fearless reporting, whatever the reality of the situation. The then government listened and last year, in the Digital, Media and Competitions Act, introduced a new regulatory regime to restrict foreign state ownership of newspapers and news magazines. But this Act only set out the broad principle, not the details of how it would be implemented. A total ban would come with its own problems. There would be little risk of editorial interference if, say, the sovereign wealth fund of Norway was a passive investor owning 3pc or 4pc in a UK-listed media company. During the consultations, it was proposed that a 5pc limit may be appropriate to allow for such holdings. Last month the new Government announced that the threshold would not be 5pc, but actually 15pc. I and many of my colleagues in the House of Lords have serious misgivings about this much higher limit, but it is one we can live with. However, there is another aspect of the draft regulations which is unacceptable. The 15pc threshold is not cumulative, it applies to each individual holding. This means that there would be nothing to stop multiple states each owning 15pc of a newspaper. It has been reported that after The Telegraph's proposed takeover by RedBird Capital, Sheikh Mansour intends to retain up to a 15pc stake in the newspaper. With the current proposals there would be nothing to stop, say, Saudi Arabia, Oman and Bahrain from each taking 15pc holdings. A cumulative 60pc of a British newspaper owned by foreign states is a very different proposition. The guarantees against foreign control would have evaporated. Has this potential scenario arisen as a result of an oversight by Lisa Nandy, the Culture Secretary? Alongside 50 of my fellow peers, I have written to Ms Nandy asking for clarification. Signatories include former chancellor Lord Lamont, former trade secretary Lord Lilley, long-time chairman of the 1922 committee Lord Brady, ex-director of public prosecutions Lord Macdonald and the current chairman of Ipso, the independent press regulator, Lord Faulks. Our fears could be easily assuaged by simply amending the proposed regulations to ensure that 15pc is a cap on total foreign ownership. If the move is deliberate, it raises serious questions about this Government's commitment to a free press. The statutory instrument implementing the Government's regulations has now been laid and will shortly come before both Houses of Parliament. If the proposals reach the Lords in their current form, I and many of my colleagues will not be able to support the measure. The Telegraph's ownership has been left in limbo for two years so far. It is time for the new regulatory framework to be put in place that will allow its smooth transfer to new owners. But this must be done in a way that entrenches the traditional freedoms of our press. The issues are much wider than the future of just one newspaper. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
Yahoo
an hour ago
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Labour faces embarrassing defeat over foreign state ownership of newspapers
The House of Lords is preparing to inflict an embarrassing defeat on Labour over its 'deeply problematic' plans to let foreign powers become part-owners of British newspapers. Peers including a former chancellor, a former director of public prosecutions and the current chairman of the press regulator are in open revolt over proposals by Lisa Nandy, the Culture Secretary, to relax an outright ban on foreign state shareholdings to allow passive stakes of up to 15pc. The basic principle was expected to be reluctantly accepted by Parliament, in part to end the destabilising uncertainty at The Telegraph caused by a blocked takeover bid bankrolled by the United Arab Emirates. However, a loophole that it is feared could allow foreign powers to team up to gain sway over Britain's free press has stoked a rebellion capable of defeating the Government. As proposed, the legislation would enable foreign states to own up to 15pc if they are not cooperating with each other. Lord Young, the journalist and founder of the Free Speech Union campaign group, has spearheaded an open letter to Ms Nandy demanding she tighten the proposed laws. It has dozens of signatures from Conservative peers of all stripes, including former Cabinet ministers Lord Lamont, Lord Baker and Lord Lilley, as well as crossbenchers including Lord Macdonald, the former director of public prosecutions. The letter to Ms Nandy said her proposals to allow multiple foreign powers to own shares in a single newspaper were 'deeply problematic'. It added: 'It has to be assumed that if different state actors are intent on exerting influence through their shareholding, then some may be prepared to do so covertly and in collusion with other states. 'To guard against this risk, the draft regulations should ensure that the cap in the percentage of shares that can be owned in a British newspaper enterprise is a total cap.' The letter was also signed by Lord Faulks, the chairman of the press regulator Ipso; Baroness Fleet, the former editor of The Evening Standard; and Lord Goodman, the former editor of the Conservative Home website. Other prominent backers included Lord Brady, the former chairman of the 1922 committee of Conservative backbenchers; Baroness Deech, the chairman of the House of Lords appointments commission; Lord Swire, the former Foreign Office minister; and Baroness Spielman, the former head of Ofsted. Lord Roberts, the Churchill biographer, has also signed and has written in The Telegraph that the legislation 'must be done in a way that entrenches the traditional freedoms of our press'. The letter marks a significant escalation of opposition to the legislation in the Lords. Baroness Stowell, who last year played a critical role in forcing the Government to block the UAE bid for The Telegraph, was among the first to raise concerns over multiple state shareholdings in a letter to Ms Nandy last week. She did not sign Lord Young's letter, but warned the Government it faced defeat if it pressed ahead, even though the Conservative leadership in the Commons had signalled it did not oppose the proposed laws. The Liberal Democrats have tabled a rare 'fatal motion' to veto the statutory instrument which may become the focus of the Lords rebellion. Lady Stowell said: 'I really hope the Government reconsiders these proposals quickly. 'It would not be acceptable for multiple foreign states to own stakes of up to 15pc in the same newspaper, yet for reasons unclear, that is a scenario Lisa Nandy wants to allow. 'Unless she closes this obvious loophole, I can see peers swinging behind a fatal motion to block this legislation. It would be a rare step to take, but I know colleagues feel very strongly about this crucial matter of press independence.' The Conservatives are the biggest group in the Lords. Alongside the Liberal Democrats and some crossbenchers they could readily defeat the Government and spark a battle with the Commons. Lady Stowell is among the parliamentarians to have said she would accept a limit of 15pc with reservations, were it not for the risk of cumulative shareholdings. The figure is three times the limit proposed last year by Rishi Sunak's government. Ms Nandy decided to lift it following lobbying on behalf of Rupert Murdoch and Lord Rothermere, the owner of the Daily Mail. Both media moguls have sought sovereign wealth investment in the past. Lord Rothermere previously considered a takeover bid for The Telegraph with financial backing from the Gulf. Mr Murdoch relied on the support of a Saudi royal shareholder to fight off the investor rebellion sparked by the phone-hacking scandal. Lobbyists for Lord Rothermere and Mr Murdoch argued that a 5pc cap on foreign state investment would cut news publishers off from a significant source of potential investment in digital growth at a time of upheaval as print newspapers decline. The row over cumulative shareholdings threatens to further delay a conclusion to the two-year saga over ownership of The Telegraph. RedBird Capital, the US private equity firm that was the minority investor in the blocked UAE takeover, has agreed in principle to become controlling shareholder in a £500m deal. IMI, the media investment vehicle owned by UAE royal Sheikh Mansour bin Zayed Al Nahyan is expected to retain up to 15pc. However, the deal has not been finalised and is likely to require a settled legal position before it can face regulatory scrutiny. The Department for Culture, Media and Sport declined to comment. Lord Biggar Baroness Meyer Lord Moylan Lord Jackson of Peterborough Baroness Eaton Lord Brady Lord Elliott of Mickle Fell Baroness Finn Baroness Fleet Baroness Noakes Baroness Bray of Coln Lord Strathcarron Baroness Lea of Lymm The Earl of Leicester Lord Borwick Lord Roberts of Belgravia Baroness Deech Lord Sherbourne Lord Mackinlay Lord Ashcombe Baroness Coffey Baroness Foster of Oxton Lord Moynihan of Chelsea Lord Evans of Rainow Lord Forsyth of Drumlean Baroness Buscombe Lord Sharpe of Epsom Lord Mancroft Lord Robathan Baroness Nicholson Lord Wrottesley Baroness Cash Lord Goodman Lord Shinkwin Baroness Altmann CBE Edward Faulks KC Lord Swire Baroness Fox of Buckley Baroness Spielman Lord Lamont Lord MacDonald of River Glaven Lord McInnes of Kilwinning Lord Hamilton of Epsom Lord Reay Lord Pearson of Rannoch Lord Lilley Lord Baker of Dorking Lord McLoughlin Baroness Morrissey Broaden your horizons with award-winning British journalism. 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The Daily T: Musk v Trump, Yusuf v Reform — inside the Right's fight with itself
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