UK Prime Minister candidate Rishi Sunak to go ahead with Channel 4 privatization: 'Standing still is not an option'

Former UK Chancellor Rishi Sunak, who is one of two candidates in the race for British Prime Minister, has pledged to pursue the privatization of broadcaster Channel 4.

In a statement on Thursday, a Sunak spokesperson said: "Rishi will push forward the privatization of Channel 4. Channel 4 is a crucial part of UK broadcasting and supports our brilliant creative industries, but a lot has changed. since the 1980s, when it was created to offer more choices to viewers.

“Privatization will help Channel 4 thrive at a time when it also competes with Netflix, Amazon, Apple and many others – standing still is not an option,” the spokesperson added.< /p>

In April, the UK government decided to speed up the privatization process, despite significant opposition from the UK media industry. The process has been suspended due to the resignation of Prime Minister Boris Johnson.

The prime minister's other candidate, Foreign Secretary Liz Truss, is also said to be a supporter of privatization. Although she has yet to express an opinion on the matter, one of her strongest supporters is Culture Secretary Nadine Dorries, one of the strongest proponents of privatization.

Meanwhile, a Channel 4 investigation has revealed new details about Sunak's upbringing, ownership and financial dealings and raised questions about whether his hedge fund paid him with assets in offshore tax havens. Sunak's supporters describe his background as humble and humble.

On July 25, Sunak and Truss will face off in a live televised debate on the BBC. Meanwhile, a debate on Sky News, which was previously canceled because both candidates refused to participate, has now been postponed until August 4 with both participating.

The leadership race will be decided by a national vote of Conservative Party members and the result is expected by September 5. The winner will be sworn in as Prime Minister of the United Kingdom.

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