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Billionaire Barclay Twins See Profits Rise at the Ritz

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London’s Ritz Hotel, owned by the billionaire Barclay Brothers, said profits increased six percent last year, lifted by record revenue. Sales at the Ritz, one of the world’s most expensive and well-known hotels, rose seven percent to 46.1 million pounds ($60.3 million), the highest level in its history. Gross profit…

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