Thursday, June 8, 2023

Cautionary Tale: Commercial Espionage - Bugging of Business Meetings

The billionaire owners of the Telegraph newspapers say their businesses are in good shape following claims they are on the cusp of receivership...

The sale of the Ritz hotel in London in 2020 exposed a bitter rift between the two families of the twins, with claims of commercial espionage over the bugging of business meetings.

At the centre of the affair was CCTV footage allegedly showing Sir Frederick's nephew handling a device. It saw the billionaire and his daughter, Amanda, sue three of Sir David's sons for invasion of privacy...

One person close to the talks said the banking group's patience over the debt was "running out", the FT said. more  previous coverage