Are the Guardian, the Telegraph and the New Statesman notable for their fair and balanced journalism (or are they the fox news of europe)?
The Daily Mail is the fox news of the UK. The Telegraph is not a whole lot better - it's actually less serious and dangerous and just ridiculous. The Guardian is pretty similar, just for the opposite political side.
If you read the Telegraph and Guardian you expose yourself to a fairly broad spectrum of political views, all backed up by serious journalistic credentials. Obviously you have to be aware of prejudice - but this does not render the content worthless.
For instance - whilst the Telegraph is undoubtedly an outlet which leans towards a Tory hymn sheet it printed a large section on MP expenses, prominently, every day, for a month. Likewise the Guardian have been harsh critics of Labours handling of the Unions.