London | Two of Britain’s leading conservative media outlets could end up under the control of autocratic Abu Dhabi, stymieing an auction process that had whetted the appetite of a hungry pack of moguls that reportedly included Rupert Murdoch.
Lloyds Banking Group has paused the sale of The Telegraph, a traditionalist Tory daily broadsheet, and The Spectator, a conversational and highly influential centre-right magazine on politics and culture, after receiving a Gulf-backed rescue bid from the titles’ previous owners.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
