The Latest Breaking News from RedBird IMI

Call for national security law to be used to investigate proposed deal involving consortium backed by UAE

Deputy Prime Minister Oliver Dowden has been urged to use security powers to review the potential sale to an Abu-Dhabi-backed investment fund.

Deal could be referred to Ofcom but some analysts say concerns about foreign influence may be overstated

Foreign Office could stifle possible inquiry into bid from Abu Dhabi-backed fund RedBird IMI in absence of cabinet secretary

Jeff Zucker of Abu Dhabi-backed Redbird IMI insists editorial independence of titles would be protected

Lucy Frazer had suggested this week she was ‘minded’ to open an investigation into whether the deal was against the public interest.

One of the investors bidding for the paper is the vice-president of the UAE, which is ranked far down the press freedom index

Government ‘minded to’ issue intervention notice to call in regulator on public interest grounds

A motorbike weaves through the London traffic. It’s heading across town, from Belgravia to the City. Riding pillion is Aidan Barclay. The bike races up to the doors of the Lloyds Bank headquarters. Barclay dismounts, rushes in and thrusts a piece of paper into the startled receptionist’s hand. It’s a…