News of the World will publish its last edition on Sunday according to a statement by James Murdoch, Chairman and Chief Executive of News Corporation, Europe and Asia.
In a statement Murdoch said: "Having consulted senior colleagues, I have decided that we must take further decisive action with respect to the paper. This Sunday will be the last issue of the News of the World."
He said the newspaper would not run any adverts this weekend, adding the advertising space would be donated to causes and charities.
On the job losses that will follow the decision Murdoch said: "I can understand how unfair these decisions may feel. Particularly, for colleagues who will leave the Company... You may see these changes as a price loyal staff at the News of the World are paying for the transgressions of others. So please hear me when I say that your good work is a credit to journalism. I do not want the legitimacy of what you do to be compromised by acts of others. I want all journalism at News International to be beyond reproach."
10/07/2011 11:48 BST
Ken Livingstone Says During His Time As Mayor No One Said There Was A Cover-Up.
He tells the Politics Show that no one from the Guardian, the paper who exposed the scandal, said there were more revelations to come or he would have demanded the police investigate.
10/07/2011 11:43 BST
Former Cabinet Minister David Mellor On Sky:
It's a sense, this 1930s chicago element of this, that all these people, including the Prime Minister, were so frightened of Murdoch either because of his political power, or frightened because they'd wake up one morning and find something in the papers their wife wouldn't like.
I worry about Dave Cameron because he seems to be getting all of this wrong.
He should stand up now and say 'I've told Rupert Murdoch, do not embarrass me by pursuing this application because the British public will not have it. Instead of which he doesn't, fumbles around. He's lost ground.After all those times having happy little drinkies with Rebekah Brooks the Prime Minister owes it to all of us to raise his game.
10/07/2011 11:35 BST
Shadow Culture Secretary Ivan Lewis Tells The Politics Show:
"It’s a new era, and politicians have a duty to speak out for the public.”
10/07/2011 11:32 BST
Chris Bryant: Yates Should Go
|@ ChrisBryantMP : It is inconceivable that Yates cd remain. He misled parliament - and when I called him on it, threatened to sue. and who paid his lawyers?|
10/07/2011 11:23 BST
Rupert Murdoch Has Arrived In London
The BBC reports
10/07/2011 11:12 BST
Transport Secretary Philip Hammond on Sky stresses that Ofcom "at any time" can intervene on the basis of fitness and properness of News International to buy out BSkyB.
10/07/2011 10:47 BST
Simon Hughes' Full Quote About The BSkyB Merger And Voting With Labour
“The position for this week is clear, I think, if there’s a debate and vote in the House of Commons, I will be suggesting to my colleagues that we as a party, a party that’s never been close to Murdoch, never been in this inner loop, I think we should make clear that we think there should be a postponement of the decision.
There shouldn’t be a decision while the police investigations are going on, and we should let the police investigations run their course.
And can I add I don’t think it’s only the News of the World, if the judicial inquiry does it’s full work, which will be in the frame of what the information commissioner made clear in 2006, that many titles, owned by many different people, and other titles owned by News International which have been guilty, not just of hacking but of other offences. And I think that now is the time we bring all of that up.”
10/07/2011 10:36 BST
A Sunday Times Journalist Tweets About Chris Huhne's Allegations Her Paper Hacked
|@ camillalong : Do we think Chris Huhne's suggestion that the ST is involved in hacking is anything to do with our 3+ damaging stories about his driving?|
10/07/2011 10:18 BST
Guardian Editor Alan Rusbridger On Whether He Warned Number 10 On Coulson
He tells Sky that he "got messages through to all the three party leaders" about the extent of revelations to follow.
10/07/2011 10:10 BST
Simon Hughes Is On Sky:
He says he will suggest to his colleagues to "make clear" that there should be a postponement of the BSkyB merger. He also says he thinks other titles have been guilty of hacking and "other offences".