The privatisation of Channel 4 would carry a “significant risk” of “adversely affecting” the channel’s news output, according to a House of Lords report.

The warning comes from members of the Select Committee on Communications who have today published the findings of their report “A privatised future for Channel 4?”.

It follows an indication from the Government 11 months ago that it was looking at options for the state-owned but commercially funded Channel 4 Corporation (C4C), including privatisation.