GB News joint owner loses fight over £34m of secretly salvaged silver

Paul Marshall's claim on thousands of WW2 silver bars successfully challenged by South African government

The joint owner of GB News has lost a legal battle with the South African government over 34m of silver secretly salvaged from a second world war shipwreck.

Paul Marshall, who is lining up a bid for the Daily Telegraph, had claimed ownership of 2,364 silver bars his company had recovered from the bottom of the Indian Ocean.