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Barclay brothers avoid bankruptcy after deal with HSBC over £143m debt
| United Kingdom | politics | ✓ Verified - theguardian.com

Barclay brothers avoid bankruptcy after deal with HSBC over £143m debt

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<p>Bank says it has withdrawn proceedings against former Telegraph owners Aidan and Howard Barclay at high court</p><p>The former owners of the Telegraph have avoided bankruptcy after reaching a settlement with HSBC over more than £140m in overdue debts.</p><p>At a high court hearing on Tuesday, Europe’s biggest bank said it had withdrawn proceedings against Aidan and Howard Barclay, whose family <a href="https://www.theguardian.com/media/2023/jun/07/daily-telegr

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<p>Bank says it has withdrawn proceedings against former Telegraph owners Aidan and Howard Barclay at high court</p><p>The former owners of the Telegraph have avoided bankruptcy after reaching a settlement with HSBC over more than £140m in overdue debts.</p><p>At a high court hearing on Tuesday, Europe’s biggest bank said it had withdrawn proceedings against Aidan and Howard Barclay, whose family <a href="https://www.theguardian.com/media/2023/jun/07/daily-telegr
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