After News Corp, UK’s Trinity Mirror faces hacking charges

29 Oct 2012

1

A secret dossier on phone-hacking inside the struggling UK publisher Trinity Mirror, the result of a probe undertaken after pressure by worried investors, claims the practice was organised on a ''systematic'' scale inside the company's national titles.

The scathing report, seen by sections of the British media, says journalists on the Daily Mirror and People newspapers regularly accessed private mobile phone voicemails to obtain major stories.

The probe was started by shareholders in the Mirror Group who are concerned at the impact the phone-hacking scandal could have on the future finances of the company.

Trinity Mirror's share price slumped as much as 18 per cent on Friday, as jittery investors wiped £25 million off its market value over fears the company may have to pay damages over the phone hacking.

The city took fright after high court judge Justice Vos announced on Friday morning that he planned to manage the four phone-hacking claims filed against Trinity Mirror's newspapers earlier this week.

Vos is also overseeing more than 150 civil damages claims against News International, the British arm of Rupert Murdoch's News Corporation, for alleged phone hacking by News of the World journalists.

Business History Videos

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more