"Byrne's research reveals a media-political complex of extraordinary scale, funded largely by a handful of billionaires, which has emerged in just five years."
"More than £133m, or 76% of the total funding, went to three media organizations: GB News, the Critic, and UnHerd, rather than political parties."
"GB News is funded by Legatum and Marshall, while the Critic is bankrolled by Hosking and UnHerd by Marshall, amplifying rightwing views."
Research indicates that over £170m has been allocated to MPs, political parties, media organizations, and think tanks associated with the UK's populist right in the last five years. This funding primarily comes from a few billionaires, creating a media-political complex. Notably, GB News receives substantial financial support while employing rightwing politicians as presenters. The analysis covers nearly 500 transactions from various financial records, revealing that £130m can be traced to four key entities, with the majority directed towards media organizations rather than political parties.
Read at www.theguardian.com
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