The British arm of News Corp has increased the legal fund it will use to settle civil litigation cases brought by victims of phone hacking to £100 million ($155 million) from £20 million [$31 million], the Independent newspaper reported on Thursday.
Rupert Murdoch’s News International has earmarked the money to settle several high-profile cases, with some settlements expected to be well over £1 million [$1.55 million] apiece, said the newspaper, citing sources close to the situation.
A News International spokeswoman called the £100 million figure “purely speculative”.
News International has settled legal claims by a number of high profile public figures but is still negotiating a host of further claims after it admitted hacking the phones of celebrities, politicians and victims of crime.
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