
How to sell The Spectator
No foreign power will ever be allowed to buy a UK newspaper or magazine: that’s the upshot of this week’s debate in parliament. The new law, due in a few weeks, is also expected to rule out minority stakes. So what next for us – and the Telegraph? It has been said that the Emiratis may have been our best bet because no one else wants to invest in newspapers and magazines. The opposite is true. It’s a point that needs to be more widely understood, so I’d like to say something about the auction we came so close to completing last December. Neither The Spectator nor the Telegraph need a penny of anyone else’s money Some 22
