Redbird IMI sells The Spectator to Sir Paul Marshall for £100m September 10, 2024 Redbird IMI has sold The Spectator magazine, part of the Telegraph Media Group, to hedge fund magnate Sir Paul Marshall’s Old Queen Street (OQS) Media for £100m. OQS Media owns and operates the online magazine UnHerd, the Old Queen Street Café, the UnHerd Club and CoEditor Limited, a publishing technology startup. Sir Paul Marshall, also [...]
Mark Kleinman: Hargreaves Lansdown deal poses conundrum for retail punters August 15, 2024 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking with his weekly City A.M. column. Today, he takes a look at the Hargreaves Lansdown takeover deal, the auction of The Daily Telegraph and efforts to boost London's capital markets
Boris Johnson sized up for Telegraph editor role amid bidding war August 12, 2024 Former Prime Minister Boris Johnson is reportedly being considered for the role of global editor-in-chief at The Daily Telegraph. The approach has been made by Johnson’s former chancellor, Nadhim Zahawi, who is spearheading a bid to buy The Telegraph and The Spectator, both of which are up for sale following a blocked Abu Dhabi-backed takeover, [...]
Telegraph sale: Former chancellor Nadhim Zahawi hunts backers for £600m bid July 22, 2024 Zahawi is said to be confident he can submit a competitive bid and wants to boost the Telegraph's profitability by expanding in the US.
Mark Kleinman: Tate & Lyle’s sweet deal isn’t just for taste July 18, 2024 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at Tate & Lyle’s , the Telegraph auction and a Staveley’s pitchside plays
Burberry gears up to axe hundreds of jobs in cost-cutting drive July 7, 2024 Employees were notified of the restructuring in late June via a Zoom meeting, according to reports
Election 2024: Benefits ‘less dignified’ than work, Starmer toughens welfare line June 23, 2024 State handouts don’t deliver the “same sense of self-reliant dignity as a fair wage”, Sir Keir Starmer has said, as he toughens his party’s line on welfare.
Now private investigators involved in never-ending sale of Daily Telegraph: reports June 23, 2024 Although the Barclays technically still own the newspaper group, it is controlled by a group of independent directors.
Election 2024: Rishi Sunak could lose seat on July 4, poll finds June 19, 2024 Rishi Sunak could become the first ever sitting Prime Minister to lose their seat at a general election, new polling analysis suggests.
Telegraph warns of ‘potential irregularities’ in accounts as it reports £245m loss June 19, 2024 The owner of the Daily Telegraph has warned of "potential irregularities" in its accounts following a loan extraction of £278m by the Barclay family, which it says may never be recovered.