Not two decades after they last changed hands, The Telegraph and Spectator are once again on the auction block.

Telegraph Media Group and The Spectator have been reliable cash generators under the Barclay family – but unserviceable debt in the rest of their empire appears to have brought the repossessors to Telegraph towers (or those of its Bermuda parent company).

Below, Press Gazette rounds up what we know about the Telegraph receivership, how the Barclay family got here and what we can expect next.