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The Guardian - UK

Business

Mark Sweney

Sun owner’s losses related to phone-hacking claims top £1.2bn

Sun Rupert Murdoch News UK NGN News Group Newspapers Hugh Grant News ofWorld TalkTV

Copies of the Sun — NGN is a subsidiary of Rupert Murdoch’s News UK which publishes the Sun and retains liability for the activities of the now defunct News of the World. Photograph: Mike Kemp/Corbis/Getty Images

The owner of the Sun has run up more than £1.2bn in losses since the start of its costly battle to end allegations of illegal phone hacking almost 15 years ago.

News Group Newspapers (NGN), a subsidiary of Rupert Murdoch’s News UK which publishes the Sun and retains liability for the activities of the now defunct News of the World, reported a pre-tax loss of £18m in the year to 30 June 2024.

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