Advertisement
UK markets closed
  • FTSE 100

    7,529.35
    +75.60 (+1.01%)
     
  • FTSE 250

    18,408.65
    +175.15 (+0.96%)
     
  • AIM

    716.29
    +2.51 (+0.35%)
     
  • GBP/EUR

    1.1661
    +0.0071 (+0.61%)
     
  • GBP/USD

    1.2716
    +0.0088 (+0.70%)
     
  • Bitcoin GBP

    31,198.81
    +146.47 (+0.47%)
     
  • CMC Crypto 200

    802.76
    +11.20 (+1.41%)
     
  • S&P 500

    4,594.63
    +26.83 (+0.59%)
     
  • DOW

    36,245.50
    +294.60 (+0.82%)
     
  • CRUDE OIL

    74.38
    -1.58 (-2.08%)
     
  • GOLD FUTURES

    2,091.70
    +34.50 (+1.68%)
     
  • NIKKEI 225

    33,431.51
    -55.39 (-0.17%)
     
  • HANG SENG

    16,830.30
    -212.60 (-1.25%)
     
  • DAX

    16,397.52
    +182.12 (+1.12%)
     
  • CAC 40

    7,346.15
    +35.38 (+0.48%)
     

British PM Sunak expected to shelve plans to privatise Channel 4 -FT

General view of Channel 4 Television studios in London

(Reuters) - British Prime Minister Rishi Sunak is expected to put off the proposed privatisation of publicly-owned broadcaster Channel 4, Financial Times reported on Friday.

The Prime Minister's office has signalled the decision to drop the sale to the TV industry and parliament as he reviews campaign pledges and decides whether it is the right time to take them forward to streamline a packed legislative schedule, the report said.

(Reporting by Gokul Pisharody in Bengaluru; Editing by Tom Hogue)