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Friday, January 1, 2021

Not long now

Andrew Neil has told us that GB News will launch in March this year. He wouldn't want to be associated with a missed deadline, would he ?

It looks as though the channel has decided it needs £60m to launch, and may be offering investors £10m chunks. There's been talk of interest from Conservative-backer and Boris-supporter Jamie Reuben, 33, who has family interests in property, racecourses and possibly Newcastle United.   

Mark Kleinman, at Sky News, says Legatum is another possible investor.  Legatum was once the home of leading Brexit economist Shanker Singham, now with the IEA. Another £10m could come from hedge-fund tycoon Sir Paul Marshall, who donated £100k to Vote Leave. 


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