Overview

• The UK government is set to back legislation that would ban foreign state ownership of British newspapers, targeting a UAE-led consortium's takeover of the Telegraph Media Group.
• The proposed law change follows widespread concern over press freedom and the influence of foreign governments on UK media.
• More than 100 MPs have opposed the takeover, citing risks to the independence of the press.
• The UAE-backed fund, RedBird IMI, expresses disappointment and is evaluating its next steps amid the proposed legal amendments.
• The move aims to protect the integrity of the UK's press, seen as a cornerstone of democracy, from potential foreign government control.