UK markets open in 6 hours
  • NIKKEI 225

    27,446.20
    -240.20 (-0.87%)
     
  • HANG SENG

    19,057.87
    +243.05 (+1.29%)
     
  • CRUDE OIL

    72.54
    +0.53 (+0.74%)
     
  • GOLD FUTURES

    1,793.90
    -4.10 (-0.23%)
     
  • DOW

    33,597.92
    +1.58 (+0.00%)
     
  • BTC-GBP

    13,806.05
    -256.96 (-1.83%)
     
  • CMC Crypto 200

    394.42
    -7.61 (-1.89%)
     
  • ^IXIC

    10,958.55
    -56.34 (-0.51%)
     
  • ^FTAS

    4,093.68
    -20.80 (-0.51%)
     

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)