2023 loan hit of £278m from Barclay family owners causes Telegraph Media Group £244.6m loss.

The Telegraph Media Group faced a £278m loan hit in 2023 from its billionaire Barclay family owners, pushing the company to a £244.6m loss. Despite a 5% year-on-year turnover increase to £268m, the company's financial position was impacted by potential irregularities in transactions between the group and other parts of the Barclay empire, creating uncertainty about future repayment claims and ownership structure.