The Guardian has been crunching the numbers at
The Sun and
The Times to find that the decline in print advertising -- and for the former, the cost of phone hacking claims --
will have a major impact. Although
The Sun appears to have halved its losses,
The Guardian calculates much of this is due to a tax bill which no longer has to be paid. Stripe that
out, and the picture is far more bleak.
Read the whole story at The Guardian »
