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RedBird IMI boss attacks UK red tape after scrapping ITV bid
Yahoo Finance· 2025-09-18 02:10
Jeff Zucker say the regulatory environment in the UK ‘has to change’ - LUCAS JACKSON/REUTERS The boss of an Abu Dhabi-backed fund blocked from taking control of The Telegraph has attacked red tape in Britain after abandoning a bid for ITV’s production arm. Jeff Zucker, chief executive of RedBird IMI, said his fund was planning to invest in UK companies but had been deterred by overly stringent regulations. He said: “The regulatory environment here has to change if the UK is going to continue to thrive. ...