Press Holdings and May Corporation Limited are two Jersey registered holding companies owned by the Barclay brothers, which controls the UK holding company Press Acquisitions Limited, which in turn owns The Telegraph Media Group, parent company of the Daily Telegraph and Sunday Telegraph.
In December 2005, Press Holdings sold The Scotsman Publications to the Edinburgh-based Johnston Press for £160m, having paid £82m for the group in 1995.
The company also owns The Spectator, the weekly British political magazine which is part of the Telegraph group.