Murdoch eyes up one last deal - Spectator magazine
The Guardian|September 23, 2023
Rupert Murdoch may have officially stood aside as chair of his media businesses, but he's still eyeing up what could be his last big UK deal: the purchase of the Spectator magazine.
Jim Waterson
Murdoch eyes up one last deal - Spectator magazine

The rightwing magazine, which is due to be auctioned off next month, is said to be a favourite of the billionaire, who used his resignation statement to complain that much of the media is "in cahoots" with elites who have "open contempt for those who are not members of their rarefied class".

He concluded by declaring: "In my new role, I can guarantee you that I will be involved every day in the contest of ideas." Although the Spectator has a relatively small readership, its influence means it is a prize bauble for a rich individual - and one that could shape the future of the Conservative party.

It is all part of a game of interlinked dealmaking among rightwing media power brokers, after the seizure of the Telegraph and Spectator from the Barclay family by Lloyds bank.

With a sale set for October, different individuals and media companies are trying to work out whether they can afford to buy the titles, and whether regulators and the government will allow them to do so.

One person with knowledge of the discussions about the Spectator said: "People still think Murdoch is the frontrunner and can outbid everyone else. He's got so much cash, it's a trophy prize he's always wanted, you can see it like the end of his career."

هذه القصة مأخوذة من طبعة September 23, 2023 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 23, 2023 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE GUARDIAN مشاهدة الكل
The Guardian

The Filter Cast-iron alternatives to Le Creuset for less

Le Creuset's colourful pans have long topped the wishlists of amateur and professional cooks.

time-read
2 mins  |
November 16, 2024
Money hacks How to find a pet-sitter you can trust
The Guardian

Money hacks How to find a pet-sitter you can trust

Unless you have family, a friend or a neighbour who can care for your pet when you're away, you'll need to find a pet-sitter you can trust.

time-read
4 mins  |
November 16, 2024
Pensions An A to Z of how to save for your retirement
The Guardian

Pensions An A to Z of how to save for your retirement

Everything you need to know to plan for your future and make the most of your finances. Rupert Jones and Hilary Osborne report

time-read
9 mins  |
November 16, 2024
'A fork in the road' AI's bid to help on laundry days at Europe's tech summit
The Guardian

'A fork in the road' AI's bid to help on laundry days at Europe's tech summit

This year's Web Summit in Lisbon was all about artificial intelligence and a robot sorting laundry.

time-read
5 mins  |
November 16, 2024
Brexit So how could Labour improve EU ties for the sake of growth?
The Guardian

Brexit So how could Labour improve EU ties for the sake of growth?

The Bank of England governor, Andrew Bailey, said this week that Brexit had undermined the UK's economy, and urged the government to improve relations with the EU for the sake of growth.

time-read
2 mins  |
November 16, 2024
Aviation Flying taxis: destined never to take off?
The Guardian

Aviation Flying taxis: destined never to take off?

In a dreary November day in the Cotswolds, the VX4 - a cross between a plane and a helicopter - rose from an airport runway, hovered a few feet off the ground and set back down.

time-read
2 mins  |
November 16, 2024
Property firm back in profit as workers return to offices
The Guardian

Property firm back in profit as workers return to offices

One of Britain's biggest property developers has provided further evidence of the return to office working, saying occupancy in its central London offices is at an all-time high and the value of its portfolio has returned to growth.

time-read
2 mins  |
November 16, 2024
The Guardian

Analysis Summer of dark warnings from the Treasury may have cast a shadow on growth

It was hardly surprising that the chancellor, Rachel Reeves, declared herself \"not satisfied\" with the news that the UK's GDP expanded by a measly 0.1% in the three months to September.

time-read
1 min  |
November 16, 2024
The Guardian

Contracting GDP adds to German woes as general election looms

Germany's looming general election will be fought against the backdrop of a stagnating economy, the European Commission has forecast, with GDP expected to have contracted in 2024.

time-read
1 min  |
November 16, 2024
UK economy slows amid jitters over Labour budget
The Guardian

UK economy slows amid jitters over Labour budget

The UK economy slowed to a near-standstill in the third quarter as uncertainty around Labour's first budget and high interest rates weighed on business and consumer spending.

time-read
2 mins  |
November 16, 2024