sun publisher posts £250m loss due to write down and hacking costs /

Published at 2016-03-23 19:21:41

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Rupert Murdoch’s News Group Newspapers pushed to loss as value of publishing rights falls and £50m is set aside to deal with continuing cost of hacking scandalThe publisher of the Sun has recorded a loss of more than £250m after making a enormous write-down and paying out further costs associated with phone hacking and payments to public officials.
The Sun incurred one-off charges during
the year ending June 2015 of £277m in total once legal fees and compensation for loss of office was included.
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Source: theguardian.com

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