So, Rupert Murdoch’s News Corporation has pulled away from bidding to buy satellite company British Sky Broadcasting as a result of the phone-hacking scandal.

If opponents think that this is a knockout blow to their ambitions, then they are seriously deluded. Any sensible commentator who tell you that NC always get what they want. The BSkyB bid has only been put on the backburner for now….

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Here it is, the cover of the last-ever edition of the News of the World.

It seems weird looking at today’s paper. Not only was it the last ever edition, but also most of what would have been advertising space was replaced by local and national charities. It’s rather sad that a national newspaper should be sacrificed in this dramatic way.

The News of the World newspaper is to close this Sunday following allegations that many staff working for and on its behalf had allegedly hacked into the phone accounts of those from the likes of famous celebrities to the relatives of servicemen killed in wars from the Middle East.

The scandal had gone on for many months, which led to the swift withdrawal this week of advertising from major companies. A shock announcement was made earlier today by owners News International to close the newspaper, which is currently the UK’s best selling Sunday.

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