Hague on Channel 4 Privatisation

William Hague tells Times Radio that Channel 4 privatisation could be a good thing…

“It partly depends what you do with the money. If this raises a billion pounds, and it’s meant to go to support Creative Industries, as part of our levelling up agenda. Well, if that’s spent effectively, that will be a good thing. It’s meant to remain a public service broadcaster, which means that there will be obligations continued to be placed on it, and it will be able to raise more capital as a private company, which does help it to compete in the future. So those are the arguments in favour of doing it. There are good arguments the other way, but on the whole I favour private ownership when possible.”

mdi-timer April 5 2022 @ 12:37 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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