6 years, 9 months ago

Daily Mirror owner sets aside £7.5m more for phone-hacking claims

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Reach, which was formerly known as Trinity Mirror Group, said it is continuing to make progress on settling civil claims related to the phone-hacking scandal which engulfed the UK newspaper industry in 2011. Danielle Lloyd, Jennifer Ellison, Dwight Yorke and Andrew Cole recently received undisclosed damages from Reach subsidiary Mirror Group Newspapers in settlement for claims for misuse of private information. “Had Express and Star been owned from the beginning of 2017, group revenue on a like-for-like basis would have been expected to fall by 7 per cent over the period with print declining by 9 per cent and digital growing by 5 per cent,” the company said. Excluding Express and Star, Reach said, group revenue for the period is expected to fall by 8 per cent, with print down 10 per cent and digital growing by 1 per cent.

The Independent

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