UK’s Telegraph put up for sale

The owners of Britain’s Daily Telegraph and Sunday Telegraph have put them up for sale, a rival newspaper reported yesterday.  According to The Times, the Barclay family is reviewing the ownership of all its holdings, including The Ritz hotel. Operating profits fell from £16.3 million in 2017 to £3.1 million last year, while revenues dropped from £278 million in 2017 to £271 million in 2018, according to The Times. The newspapers did not respond to requests for comment.