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News Corp's phone-hacking bill set to soar

Costs set to rise beyond $200m as 46 new cases are filed at the high court.

New Statesman
News Corporation head Rupert Murdoch and his son, James, will appear at the Leveson Inquiry next week. Photograph: Getty Images.

The news that 46 new phone-hacking cases have been filed at the high court in London by figures including Wayne Rooney, actor James Nesbitt and John Major's former daughter-in-law, Emma Noble, will trouble News Corporation shareholders.

The scandal has already cost the company at least $195m in lawyers' fees and payouts to victims, and with the total number of "likely victims" now estimated at 1,174 the final bill could end up being closer to $1bn.

This reminder of the News of the World's industrial-level hacking also comes at an awkward moment for Rupert and James Murdoch. Both are appearing separately at the Leveson Inquiry next week.