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.

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.

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

George Eaton is political editor of the New Statesman.

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The Deep Dive podcast: Mandates and Manifestos

The New Statesman's Deep Dive podcast.

Ian Leslie and Stewart Wood return for another episode of the Deep Dive. This time they're plunging into the murky world of election promises with Catherine Haddon, resident historian at the Institute of Government. Together they explore what an electoral mandate means, what a manifesto is for, and why we can't sue the government when they fail to keep their promises.

Plus: Rant or Rave? Find out which podcasts have had our hosts on tenterhooks.

Listen to this episode of The Deep Dive now:

 

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