Planet Business: Employers and the menopause, a new global consortium on the information environment, and UK Labour’s unhappiness with its inheritance
James Murdoch, second left, arriving at the district court in Reno, Nevada, that became the latest stage for the family succession battle. Photographer: Emily Najera/BloombergIt has been billed as a “straight out of Succession” story, which might be expected given that the HBO drama was inspired by this precise saga. But the question of who gets control of Rupert Murdoch’s media empire after he dies has only grown more compelling since Succession wrapped. This month it reached its Reno era.
Murdoch owns about 40 per cent of the voting stock in both Fox News parent company Fox Corp and newspaper behemoth News Corp through a family trust – control of which was meant to have been split among his four oldest children: Prudence MacLeod, Elisabeth Murdoch, Lachlan Murdoch and James Murdoch. 1. Difficult: The words “difficult inheritance” pops up so much – often followed by “black hole” – it’s only a surprise there aren’t T-shirts featuring the phrase on sale in the official shop.
3. Bleak: The legacy inherited from the Tories is “bleak”, said education secretary Bridget Phillipson, but she did get the memo on an optimistic tone, too, suggesting the best days were still ahead.
Keir-Starmer Rachel-Reeves Vhi
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