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The former Telegraph owner has been locked in a long-running legal battle with his ex-wife after being ordered to pay her £100m following the end of their 34-year marriage. A High Court judge has said he still owes her the sum but said he would not punish the businessman further.
Ruling is part of long-running legal battle between businessman and ex-wife Hiroko Barclay
Businessman’s barrister says money due to be paid to Hiroko Barclay is held up by lenders
Newspaper retains considerable influence among those who will shape the direction of Conservatives
On Monday, it was revealed that Frederick Barclay is yet to pay a penny of the divorce award, according to a lawyer for Hiroko Barclay, his ex-wife, who told a London court that her legal team wasn’t left with another option but to prepare a bankruptcy petition against the “completely unrepentant” tycoon.