Barclays Said to Want £250 Million for the Telegraph

barclays

A rumour is going round the Telegraph newsroom that the paper is on the block for £250 million – though the mood of the Barclay brothers on this is said to be variable – they bought the group for £665 million in 2004. Multiple Telegraph sources have independently approached Guido this afternoon saying the Barclays are considering selling. Separately Guido understands that two consortia are circling…

UPDATE: A spokesman for the Barclays gets in touch with the same statement they sent out the last time these rumours circulated: “There are no plans to sell Telegraph Media Group or any part of it and there never have been.”




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Paul Dacre on the Daily Mail’s future support for Brexit…

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