This Sunday's issue of the News of the World will be the last edition of the paper, News International chairman James Murdoch has said.[Previous TGIS]
In the past few days, claims have been made that the paper authorised hacking into the mobile phones of murdered schoolgirl Milly Dowler and the families of 7/7 bombing victims.
The News of the World is the UK's biggest selling newspaper and has been in circulation for 168 years.
In a statement made to staff, Mr Murdoch said the good things the News of the World does "have been sullied by behaviour that was wrong - indeed, if recent allegations are true, it was inhuman and has no place in our company".
"The News of the World is in the business of holding others to account. But it failed when it came to itself."
"Wrongdoers turned a good newsroom bad and this was not fully understood or adequately pursued.
"As a result, the News of the World and News International wrongly maintained that these issues were confined to one reporter.
"We now have voluntarily given evidence to the police that I believe will prove that this was untrue and those who acted wrongly will have to face the consequences. This was not the only fault.
"The paper made statements to Parliament without being in the full possession of the facts. This was wrong.
He reiterated that the company was fully co-operating with the two ongoing police investigations.
08 July 2011
TGIS: Thank God It's Schadenfreude! (327)
This week's joy in the misfortune of others comes courtesy of BBC News (from Thursday, July 7; link good at time of posting):
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