The chief executive of Lloyds Banking Group has said he is in no rush to sell The Telegraph after seizing control from the Barclay family in a dispute over debts secured against the business.
Business newspaper City AM nears administration after month-long auction sky.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sky.com Daily Mail and Mail on Sunday newspapers.
The publisher of The Telegraph has reported an increase in profits of almost a third, as prospective bidders prepare for the sale of the company by Lloyds Banking Group.
The Barclay family has appointed Clearwater International to handle a review of strategic options weeks after losing control of the national newspaper titles, Sky News learns.