Government clears way for Comcast's Sky takeover

US cable giant Comcast is unlikely to face a regulatory review of its £22bn takeover bid for Sky, the owner of Sky News.Matt Hancock, the Culture Secretary, said he was "not minded" to refer the bid to the Competition and Markets Authority (CMA) for deeper scrutiny on public interest grounds.The news will come as a disappointment to 21st Century Fox, Sky's biggest single shareholder, which is also trying to buy the company.