Investor’s move comes amid reports RedBird IMI is to formally withdraw its attempt to buy the newspaper
The GB News investor Sir Paul Marshall is stepping down from the board of the broadcaster after three years, it was announced on Friday.
Marshall is expected to be a frontrunner in the race to buy the Telegraph when the auction process reopens, after the government in effect scuppered its planned sale of the newspaper to a United Arab Emirates-backed consortium, RedBird IMI.
