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Barclays double stake in InterContinental

Shares in the InterCon-tinental Hotels Group (IHG) soared to a record high in early dealing on the London Stock Exchange yesterday after the reclusive Barclay brothers more than doubled their stake in the business.

Shares in the InterCon-tinental Hotels Group (IHG) soared to a record high in early dealing on the London Stock Exchange yesterday after the reclusive Barclay brothers more than doubled their stake in the business.