Reuters. A woman uses a cash machine at a Lloyds Bank branch in central London, Britain February 25, 2016. REUTERS/Paul Hackett/File PhotoBy Paul Sandle and Sarah Young
LONDON (Reuters) – The Barclay family regained control of Britain’s influential Telegraph newspaper on Monday after Abu Dhabi-backed RedBird IMI (LON:) helped repay its 1.2 billion pound ($1.5 billion) debt to Lloyds (LON:) Bank.
However, a proposed transfer of the newspaper to RedBird IMI has been thrown into doubt after the British government last week officially intervened to block the move while it investigates whether any takeover would have an impact on freedom of expression under the new owner.
A battle to own the right-leaning newspaper and the Spectator poli…
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