Sale of
London hotel to Qatari investor deepens feud over Barclay brothers’ billions in assets
The luxurious Ritz hotel in London has been sold to a Qatari investor, prompting Frederick Barclay to threaten legal action as the feud over the family’s billions in assets deepens.
The investor has agreed to buy the Ritz, the storied 115-year-old property that is the crown jewel in the twin Barclay brothers’ empire, which includes the Telegraph and online retailer the Very Group (previously known as Shop Direct and, before that, Littlewoods) and delivery firm Yodel.