Jeremy Hunt was not at the BSkyB summer party at the Foreign Office last night but News Corp executives were toasting the Culture Secretary's decision to give the go-ahead to Rupert Murdoch's complete takeover of the satellite broadcasting company.
Mr Hunt gave his approval to the bid after News Corp agreed to a succession of further undertakings which are designed to guarantee the future independence of Sky News, which is being hived off from the rest of the BSkyB business as a condition of the deal. The deal, likely to cost News Corp around £9bn, is subject to a further seven-day consultation period.
http://www.independent.co.uk/news/media/tv-radio/bskyb-deal-gets-the-goahead-amid-outburst-of-anger-from-labour-2305192.html