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EXPLAINED: 6 | Vintage Vibes

Sale of Telegraph paused as consortium pledges to repay Barclay debts

Abu Dhabi-backed RedBird IMI’s announcement casts doubt over auction process

The Guardian - UK

Telegraph and Spectator expected to be bought over by Abu Dhabi-backed fund

Abu Dhabi-backed investment fund RedBird IMI has paved the way to take control of the Telegraph and Spectator publications after agreeing loans to…

The National (Scotland)

Abu Dhabi-backed fund says it will take control of Telegraph and Spectator

RedBird IMI ‘reaches agreement’ on package of loans to repay debts owed by Barclay family

The Guardian - UK

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Abu Dhabi-backed fund strikes deal in move to secure Telegraph newspaper

It comes after the Telegraph and Spectator were put into receivership over unpaid debts to lenders by its previous owners.

Evening Standard

MPs want UK national security law used to vet Barclay family’s Telegraph offer

Financing from Abu Dhabi investors secured for bid but use of overseas sovereign wealth questioned

The Guardian - UK

Whether sacked or not, Suella Braverman could stir up a new Tory civil war

If the PM doesn’t get rid of her, he’ll look weak; if he does, she’ll rail from the backbenches. Is this all part of the home secretary’s grand plan? asks the Spectator’s political editor, Katy Balls

The Guardian - UK

Axel Springer’s Telegraph bid in doubt over ‘digital-only’ future

Head of German-based group tells Politico podcast its strategy is to grow its digital media

The Guardian - UK

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Loud and uncowed: how UnHerd owner Paul Marshall became Britain’s newest media mogul

UnHerd has quickly become one of the biggest sites for political commentary in the UK, and now the hedge fund founder behind it – who also funds GB News and donates to the Tories – is trying to add the Telegraph to a fast-growing empire. What does he really want?

The Guardian - UK

Barclay family’s £1bn ‘back door’ offer for Telegraph alarms rival bidders

Source close to process says there are concerns offer could have ‘chilling affect’ on auction for media group

The Guardian - UK

An amazing turnaround? A less terrible disaster? After these byelections, Sunak may not be able to deliver either

The prime minister’s allies are trying to explain away today’s humiliating losses, but most MPs accept the threat is existential, says Katy Balls, political editor of the Spectator

The Guardian - UK

Sale of Telegraph newspapers and Spectator kicks off

Last-ditch attempt by Barclay family to shut down auction with blockbuster £1bn offer thwarted

The Guardian - UK

Spectator seeks new columnist as Taki leaves after attempted rape conviction

The writer hasn't appeared in the last two magazines

Evening Standard

A Memoir of my Former Self review: Hilary Mantel was peerless, but this new collection is one for purists

If you would like to read what Hilary Mantel made of Robocop, then I have the book for you. But if you’re looking for a memoir, as you might expect given the title, then you are out of luck. This is a collection of essays, lectures and journalism (Mantel spent…

Evening Standard

Taki Theodoracopulos given 12-month suspended sentence for attempted rape

Spectator journalist, 87, is found guilty of attacking woman on ski weekend at his Swiss chalet in 2009

The Guardian - UK

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The Guardian - UK

Bild publisher Axel Springer eyes Telegraph auction

German company registers interest with Goldman Sachs ahead of Telegraph Media Group auction

The Guardian - UK

How a thinktank got the cost of net zero for the UK wildly wrong

Civitas’s deeply flawed report was timed to follow the PM’s speech in which he called for an honest approach to the issue

The Independent UK

The Spectator’s UK profit grows as magazine ‘resilient’ ahead of sale

The weekly magazine said it is a profitable business which has ‘shown resilience through tough market conditions’.

The Guardian - UK

US billionaire in talks with GB News co-owner over Telegraph bid

Founder of Citadel hedge fund Ken Griffin linked to group of investors including Sir Paul Marshall

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The Guardian - UK

Rupert Murdoch’s last move? The Spectator is in his sights

Rightwing magazine is said to be a favourite of the billionaire and is considered a ‘trophy prize’

The Guardian - UK

What does Rupert Murdoch’s resignation mean for his UK media outlets?

Lachlan Murdoch doesn’t share his father’s interest in Britain but Rupert is still deemed ‘very much in control’

The Guardian - UK

Inside the Tory climate soap opera this week: ‘The WhatsApp groups are a bloodbath’

The party’s net zero divide was deeper than ever before Rishi Sunak’s speech, says Katy Balls, the Spectator’s political editor

The Guardian - UK

Boris Johnson attacks UK aid to Ukraine: ‘What the hell are we waiting for?’

Former PM says west is dragging its feet in support for Ukraine and calls for urgent supply of weaponry in Spectator column

The Guardian - UK

Daily Mail owner looks to Middle Eastern backers over Telegraph bid

Lord Rothermere is second potential suitor to turn to oil-rich region for financial support

The Guardian - UK

Nadine Dorries has gone, but Sunak’s electoral problems are still front and centre

MPs are relieved to see the back of the Johnson era, but know they are still staring into the abyss, says Katy Balls, political editor of the Spectator

The Guardian - UK

Barclay family aim to regain Telegraph control with UAE backing – report

Family are said to have secured investment from anonymous backers based in Abu Dhabi

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