LONDON: The owners of Britain´s Daily Telegraph and Sunday Telegraph haveput them up for sale, a rival newspaper reported on Saturday.
According to The Times, the Barclay family is reviewing the ownership ofall its holdings, including The Ritz hotel.
The Barclays have owned the newspapers, which are close to Prime MinisterBoris Johnson’s Conservative party and a champion of Britain’s EU exit,since 2004.
Read Top Stories
Operating profits fell from £16.3 million (3.25 billion) in 2017 to £3.1million (Rs62 million) last year, while revenues dropped from £278 million(5.55 billion) in 2017 to £271 million (Rs5.4 billion) in 2018, accordingto The Times. The newspapers did not respond to requests for comment.-APP/AFP
