The billionaire Barclay brothers are gearing up to sell off their business empire – from The Ritz hotel to the Telegraph newspapers. The billionaire Barclay brothers are gearing up to sell off their business empire – from The Ritz hotel to the Telegraph newspapersThe business, which has recently been mired in financial difficulties, has been spearheaded by Sir David's sons Aiden, 63, and Howard, 59. Telegraph Media Group: The brothers want more than the £665million they paid for the Daily and Sunday Telegraph in 1995. Shop Direct: Online retail group includes Littlewoods, bought by the Barclays for £750million in 2002, and the Very brand. They are examining whether to sell off all four major businesses – including The Ritz, the Telegraph Media Group, online retailer Shop Direct which owns the Littlewoods brand, and courier service Yodel.

Source: Daily Mail October 28, 2019 22:36 UTC