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Evening Standard
Evening Standard
Business
Simon English

HISTORICAL FACTS: Reach shares jump on phone hacking settlements - Caught on Camera

Reach Daily Mirror Jim Mullen

SHARES in Daily Mirror publisher Reach bounced 13% today as the publisher was able to slash its provision for phone hacking payouts.

A recent ruling by a judge that claims for phone hacking can’t go further back than March 2014 helped Reach cut its likely legal bill for that scandal from £40 million to £18 million.

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