Nandy intervenes in Sky’s £1.6bn ITV takeover

Culture secretary Lisa Nandy has formally intervened in Sky's £1.6bn takeover of ITV's broadcasting business on public interest grounds. By issuing a Public Interest Intervention Notice (PIIN), Nandy has instructed the CMA and Ofcom to review the deal. The intervention stems from concerns regarding the impact on media competition and the diversity of British news. This regulatory move means the proposed acquisition could be blocked to ensure the stability and variety of the UK media landscape.