Around the Net
Telegraph's Parent Writes GBP150m Off Titles' Value
- The Guardian, Monday, October 3, 2016 8:16 AM
The parent company of the Telegraph newspapers took a GBP150m writedown on the value of the titles last year as its owners, Sir David and Frederick Barclay, received a similar amount as a dividend. The non-cash charge means that that the papers’ immediate parent made an overall loss of GBP131m in the year to 3rd January.
