The The photograph

The The

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Listen artist www.youtube.com
OriginLondon
England
Members Matt Johnson
SongsSongsThis Is the DaySoul Mining · 1983 Uncertain SmileSoul Mining · 1983 Slow Emotion ReplayDusk · 1993 View 25+ more
ListThis Is the DaySoul Mining · 1983
AlbumsSoul Mining
GenresRock
Alternative Rock
Soundtrack
New Wave
Post-punk
Spoken Word
Synth-pop
Art Pop
Progressive Pop
Labels 4AD
Some Bizzare
Epic
Nothing
Interscope
Cineola
Date of Reg.
Date of Upd.
ID3228514
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About The The


The The are an English post-punk band. They have been active in various forms since 1979, with the singer-songwriter Matt Johnson as the only constant band member.

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Government intervenes in Abu Dhabi's bid to buy Telegraph

Nov 24,2023 6:31 pm

By Simon JackBusiness editor

The culture and media secretary has intervened to scrutinise a sale of The Daily Telegraph and The Spectator magazine to a company backed by the Abu Dhabi ruling family.

The titles were taken over by Lloyds Bank as it sought to recover £1. 1bn owed by The Owners , the Barclay family.

An Abu Dhabi -backed firm this month agreed to pay the sum and take control.

It was understood that after The Debt was paid to Lloyds, the titles would be passed on swiftly to the new owners.

Sheikh Mansour bin Zayed Al Nahyan, best known in the UK for his ownership of Manchester City football club, has thrown his considerable financial heft behind RedBird IMI, the investment consortium looking to take control of the Telegraph and The Spectator .

The consortium is run by Jeff Zucker , the former president of CNN.

As the, The Secretary of State, Lucy Frazer , did not feel it appropriate to intervene in a debt repayment transaction.

However, as she has previously indicated and now confirmed, the transfer of the politically important titles to what is essentially a foreign power is a matter the UK government and other regulators need to scrutinise.

Jeff Zucker is a very experienced news chief and has hit back at any suggestion that the editorial independence of The Daily Telegraph, the Sunday Telegraph and The Spectator would be compromised by Gulf ownership.

But former editors, senior politicians and grassroots Conservatives have voiced grave concerns about The Deal .

Simply put, the Barclay family, who have twisted and turned for many years from Lloyds to preserve their ownership of the Telegraph, have now replaced their Lloyds debt with a debt to the Abu Dhabi Royal Family .

Lionel Barber , the former editor of the FT, has pointed out that the UK has allowed a convicted fraudster, Conrad Black , to own the Telegraph and The Son of a former KGB agent, Evgeny Lebedev , to own The Independent and the Evening Standard .

But former Telegraph editor Charles Moore insists that the nature of those involved Here - a foreign state alongside a Tory-leaning Paper - makes these circumstances different.

Sheikh Mansour is taking a financial risk in wiring The Money to Lloyds when it is unclear whether he will ever get to take control of The Assets he is paying for, but as someone close to The Deal said, that seems to be " a risk he's willing to take".

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Source of news: bbc.com

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