I am grateful to my hon. Friend for tabling the urgent question for the second time in as many days. This is a media-focused day for me, as I will take the Media Bill through its remaining stages straight after the urgent question, so forgive me if one has made me insufficiently prepared for the other, or vice versa.
I am in the frustrating circumstance that I can say only what is publicly known and nothing of the specifics in answer to questions about the ownership of the Telegraph Media Group, which contains two of the world’s greatest newspapers—The Sunday Telegraph and The Daily Telegraph—and, in The Spectator, the oldest surviving weekly magazine in the world.
As hon. Members will be aware, my right hon. and learned Friend the Secretary of State for Culture, Media and Sport has issued a public interest intervention notice in respect of the anticipated acquisition of the group by RB Investco Ltd, further to the notice issued in November in respect of the RedBird IMI media joint venture, which remains in force. She is leading this process and examining it in great detail and with great care, but it is a quasi-judicial process, involving the Competition and Markets Authority, which looks at jurisdictional and competition matters, and Ofcom, which will be reporting to her on public interest considerations in relation to the media, expressly accurate presentation of the news and free expression of opinion. Both reports will be returned on 11 March.
My right hon. and learned Friend, as a very assiduous and diligent KC, is making sure that I, as Media Minister, am absolutely excluded from the process, because that is what it demands. I am not permitted to know about the scrutiny that is under way, or to interfere with it. She is also not permitted to take into account any political or presentational concerns in her deliberations, and we would not wish to cause there to be any chink of light here that would leave the process open to judicial review. That leaves me in an unenviable position: I face understandable expert probing by hon. Members, to whom I can offer no answer beyond what is in the public domain. However, this urgent question is as much an opportunity for hon. Members to make their concerns clear and their views known, as it is an opportunity for me to answer them. So I say: be heard, loud and clear.