Wikipedia prohibits its use as a source, explaining: "volunteer editors on English Wikipedia have come to a consensus that the Daily Mail is ‘generally unreliable and its use as a reference is to be generally prohibited, especially when other more reliable sources exist.’"
They cited "the Daily Mail’s reputation for poor fact checking, sensationalism and flat-out fabrication."
As a minor funny/sad side point to all this, Peter Hitchens over at the Mail on Sunday -- owned by the Daily Mail, but with a separate editorial team -- has complained frequently about his Wikipedia page being defaced by this very policy. Apparently some enterprising editors thought that it was their duty to remove all Hitchens quotes from the article because his articles had appeared in the Mail on Sunday, and was therefore an "unreliable source" despite being a quote of what the man said. What a shitshow!
My own guess, as a sometimes Daily Mail reader from the States, is that the "unreliable" thing is simply a talking point somehow related to UK politics. The Daily Mail has a severe sensationalist bias, but their reporting is often quite good, and they have more than their fair share of scoops.
Since you're new here, https://news.ycombinator.com/newsguidelines.html may be worth skimming, particularly "Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith."
* Factual summary: https://www.npr.org/2019/11/25/782732936/bloomberg-news-says...
* Opinionated: https://thehill.com/opinion/campaign/473542-bloomberg-report..., https://www.cjr.org/the_media_today/michael_bloomberg_news_p...
(Daily Mail is widely considered a poor source, and while they do report some actual news, their analysis of anything is not worth citing. https://mediabiasfactcheck.com/daily-mail/)