Daily Telegraph co-owner David Barclay dead at 86

David Barclay (left) and his twin brother Frederick after receiving their knighthoods in 2002 (Michael Stephens/PA)

The Daily Telegraph’s joint-owner David Barclay has died after a short illness aged 86, the newspaper has reported.

Along with his identical twin Frederick, Mr Barclay built a vast business empire which began with hotels and expanded to include shipping, retailing, and, since 2004, ownership of the Telegraph Media Group.