Could the hacking damages bill reach a billion pounds?

Could the hacking damages bill reach a billion pounds?

What’ll this do to the companies’ share prices? Channel 4 news is reporting that according to police estimates there are potentially upwards of 4,000 victims of the hacking scandal. Clearly we won’t know the details of each case but many, if not most of the victims, could have some sort of legal redress against News International or one of the other media organisations. Given the reported pay-outs so far, all settled quietly out of court, then we could be talking…

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Has Dave really been “profoundly damaged”?

Has Dave really been “profoundly damaged”?

Telegraph Is the Peter Oborne verdict correct? Amongst the mass of coverage this morning on the hacking scandal the piece that for me stands out is the one by Peter Oborne in the Daily Telegraph in which he looks at the impact on Cameron from the affair. Oborne asserts that “.the series of disgusting revelations concerning his friends and associates from Rupert Murdoch’s News International has permanently and irrevocably damaged his reputation.” He goes on:” Until now it has been…

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The first phone-hacking polling is not good for the NOTW

The first phone-hacking polling is not good for the NOTW

There’s a Survation poll in conjunction with Channel 4 just out and the findings are pretty negative for News International and the News of the World. To what extent could the allegations of phone hacking into active criminal cases effect readership of The News Of The World? 88% of all readers of The News Of The World surveyed said they were aware of the new phone hacking allegations. 52% of all readers said that if the allegations proved accurate they…

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Hacking: What are the polls going to say?

Hacking: What are the polls going to say?

Is the public as concerned as Westminster thinks it is? I’m hoping that we’ll see the first polls this evening on public reaction to the latest hacking allegations. There should be at least one and possibly two surveys which have been in the field yesterday and today. An interesting dimension is whether the News International daily poll, which is carried by the Sun and the Sunday Times, included any questions. The Sun, of course, has been one of a number…

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Is the BSkyB take-over now less likely?

Is the BSkyB take-over now less likely?

Has David Davis got this one right? Cameron did well at PMQs in answering Miliband’s points on a public inquiry into the hacking scandal but he was less at ease when pressed over the News International big take over all of BSkyB. On the face of it the decision this is all going ahead. The decision to allow the deal was taken by the culture secretary, Jeremy Hunt, three months ago and the process is near to completion. But as…

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Where’s the phone-hacking story going to go?

Where’s the phone-hacking story going to go?

Could the 7/7 victims have been targeted as well? Thanks to Marf for her take on the developing phone-hacking story which seems to get wider and wider. SkyNews has been reporting overnight that the father of a 7/7 victim says he’s been told by the police that they’d discovered a file with his phone number and address in it during their investigations into the affair. This comes on top of the reports that the parents of murdered Soham girls were…

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