CMA and Ofcom to examine DMGT takeover amid fears merger could curb ‘diverging editorial stances’ in press

Lisa Nandy, the culture secretary, has referred the Telegraph’s proposed sale to the publisher of the Daily Mail to the competition and media watchdogs, weeks after she raised concerns about the consolidation of rightwing newspapers.

Nandy said she was using her powers to refer the £500m deal for the Telegraph titles, which include the Daily Telegraph and its Sunday sister paper, to the Competition and Markets Authority (CMA) and the media regulator Ofcom.

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© Photograph: Yui Mok/PA

© Photograph: Yui Mok/PA

© Photograph: Yui Mok/PA

His departure came days after the company cut 30 percent of the staff. He will be replaced in the interim by Jeff D’Onofrio, the chief financial officer, the company said.

© Carlotta Cardana/Bloomberg