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July 02, 2015 7:34 PM ET


Company Overview of Times Newspapers Limited

Company Overview

Times Newspapers Limited operates as a subsidiary of News Corporation.

1 Virginia Street

London,  E98 1RL

United Kingdom

Key Executives for Times Newspapers Limited

Head of Litigation
General Counsel
Compensation as of Fiscal Year 2015.

Times Newspapers Limited Key Developments

Appeal Court Reduces Damages Award Against Sunday Times to £50,000

An award against the Sunday Times of £180,000 libel damages to the former Conservative party co-treasurer Peter Cruddas has been cut by the appeal court to £50,000. The businessman had sued Times Newspapers and two members of the Sunday Times's Insight team - Jonathan Calvert and Heidi Blake - over three articles published in March 2012. On March 17, 2015, three judges allowed the group's appeal on the claims for libel and malicious falsehood in relation to the allegation that, in return for cash donations to the Tory party, Cruddas offered to sell the opportunity to influence government policy and gain unfair advantage through secret meetings with prime minister David Cameron and other senior ministers. They dismissed its appeal in relation to the allegation that Cruddas made the offer, even though he knew that the money offered for such secret meetings was to come, in breach of the ban under UK electoral law, from Middle Eastern investors in a Liechtenstein fund. The newspaper also failed in its appeal over the allegation that, to circumvent and thereby evade the law, Cruddas was happy that the foreign donors should use deceptive devices, such as creating an artificial UK company to donate the money or using UK employees as conduits, so that the true source of the donation would be concealed. But the Sunday Times issued a statement after the hearing to say that the court's decision ‘completely vindicated’ its reporting that Cruddas had corruptly offered access to Cameron and other leading members of the government in exchange for donations to the Conservative party.

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