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Telegraph and Spectator still effectively ownerless after assets seized to pay Barclay family’s debtsAs the dust settles on Labour’s landslide election win, the Conservative party is yet to decide when or how it will replace Rishi Sunak as leader. Meanwhile the newspaper regarded as the party’s house bible continues in its own kind of limbo.More than a year after the Telegraph and its sister title, the Spectator, were seized by Lloyds Bank as down payments for debts run up by their proprietors, the Barclay family, the papers are still effectively ownerless with a second auction in under a year set to start in earnest on Friday next week. Continue reading…
Telegraph and Spectator still effectively ownerless after assets seized to pay Barclay family’s debts
As the dust settles on Labour’s landslide election win, the Conservative party is yet to decide when or how it will replace Rishi Sunak as leader. Meanwhile the newspaper regarded as the party’s house bible continues in its own kind of limbo.
More than a year after the Telegraph and its sister title, the Spectator, were seized by Lloyds Bank as down payments for debts run up by their proprietors, the Barclay family, the papers are still effectively ownerless with a second auction in under a year set to start in earnest on Friday next week.
