Overview

• Sir Paul Marshall acquired The Spectator for £100 million through Old Queen Street Ventures.
• Outgoing chairman Andrew Neil criticized the sale process and announced his resignation.
• The acquisition includes plans to address previous underinvestment and expand the magazine's reach.
• The UK government previously blocked a foreign consortium from purchasing The Spectator due to press freedom concerns.
• The Spectator, established in 1828, is known for its strong editorial independence and historical significance.