The Telegraph and its Sunday edition The Sunday Telegraph are in debt with their parent company, Bank of Scotland said. According to the British media, the amount of debt amounts to about one billion pounds (1.16 billion euros) The bank has appointed AlixPartners as receiver.
Howard and Aidan Barclay have been removed from their directorships at the Telegraph Media Group and The Spectator magazine. The twin brothers Frederick and David Barclay, who died in 2021, bought the newspapers of The Telegraph group in 2004.