The Latest Breaking News from Aidan Barclay

Reclusive billionaire twins notorious for use of tax havens met then prime minister Tony Blair in 1999

A motorbike weaves through the London traffic. It’s heading across town, from Belgravia to the City. Riding pillion is Aidan Barclay. The bike races up to the doors of the Lloyds Bank headquarters. Barclay dismounts, rushes in and thrusts a piece of paper into the startled receptionist’s hand. It’s a…

If you don’t vote Tory, it is unlikely you will care about the somewhat anxious mood within the SW1 offices of the famous Spectator magazine, once edited by Boris Johnson. Or understand the sense of hopeful uncertainty buzzing around the offices of the “Torygraph” newspaper in Victoria. But to many…

The Daily and Sunday Telegraph plus The Spectator magazine are on the market after the Barclay family lost control of them

Lost control of media assets over near £1bn debt gives lesson in perils of borrowing too much to expand

Offer to write off some of the nearly £1bn owed by publisher submitted to lenders Lloyds Banking Group

The newspaper could fetch a £600 million price tag

Lloyds Banking Group reportedly acted after “becoming frustrated” over loan repayments

Barclay family have lost control of crown jewel media assets in bitter row with newspaper group’s lender