Channel 4 privatisation plans scrapped in government U-turn

Channel 4 will not be sold off by the government, the Culture Secretary confirmed today.

Following a review of the business case for privatisation, Michelle Donelan has announced that the channel will remain in public ownership and be given greater flexibility to make its own content in-house.

The government U-turn was welcomed by Channel 4 bosses who said they would use the long-term stability it offered to create more distinctly British content.