Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Murdoch deal is victory for Prince Harry, but doesn't get him everything he wanted
    Finance

    Murdoch deal is victory for Prince Harry, but doesn't get him everything he wanted

    Published by Global Banking & Finance Review®

    Posted on January 22, 2025

    4 min read

    Last updated: January 27, 2026

    This image captures Prince Harry's significant legal win against Rupert Murdoch's News Group Newspapers, highlighting his fight for accountability in the media. The article discusses his journey and the implications of this victory for press ethics in the banking and finance sector.
    Prince Harry celebrates legal victory over Rupert Murdoch's tabloids - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Prince Harry wins an apology from Murdoch's News Group, marking a step in his fight against media misconduct, though some claims remain unproven.

    Prince Harry's Win in Murdoch Media Battle Explained

    By Michael Holden

    LONDON (Reuters) - Six years ago, as he and his American wife Meghan were seemingly enjoying a hugely successful royal tour to Africa, Prince Harry issued a surprise, stinging rebuke to the British press, accusing papers of waging a ruthless campaign against them.

    "Put simply, it is bullying, which scares and silences people," his statement said. "We all know this isn't acceptable, at any level. We won't and can't believe in a world where there is no accountability for this."

    It marked the start of the prince's mission to take on those in the media world he accuses of destroying people's lives with impunity - one which led him to leave his royal role, become ostracised from his father King Charles and the rest of his family, and to face a barrage of criticism.

    By obtaining a full apology from Rupert Murdoch's News Group Newspapers along with an admission for the first time of unlawful behaviour by its Sun tabloid towards him and his late mother, Princess Diana, Harry basked on Wednesday in what he called a "monumental victory".

    "Today the lies are laid bare. Today, the cover-ups are exposed. And today proves that no one stands above the law," he said in a statement with his joint claimant, former senior British lawmaker Tom Watson.

    Unlike other claimants who accepted payouts from newspaper groups to avoid the risk of a multi-million-pound legal bill, Harry had refused to settle, forcing Murdoch's group to make an apology, meaning there was no full trial.

    Through a variety of court cases, both criminal and civil, British publishers have admitted that in the late 1990s and early 2000s, British tabloids unlawfully targeted thousands of victims, hacking their voicemails, and obtaining personal information by deception.

    In 2023, Harry won a case against Mirror Group Newspapers, publisher of three British tabloids, with the judge ruling his phone had been hacked and that senior editors had known.

    Watson said Harry had brought accountability to a part of the media world that thought it was untouchable: "I once said that the big beasts of the tabloid jungle have no predators.

    "I was wrong."

    NOT A TOTAL VICTORY

    But, Wednesday's deal, while a vindication for the prince, does not give him the same satisfaction as victory after a trial would have done. NGN's apology was limited, and many of Harry's accusations remained unproven.

    Harry had alleged that figures such as Rebekah Brooks, former Sun editor and now chief executive of News UK - News Corp's British arm, and Will Lewis, now publisher of the Washington Post, knew about the wrongdoing and covered it up, deleting millions of incriminating emails in the process.

    But there was no admission of this from NGN.

    "These allegations were and continue to be strongly denied," an NGN spokesperson said. "Extensive evidence would have been called in trial to rebut these allegations from senior staff from technology and legal."

    The fact he had settled rather than going to trial as he had vowed was noted by other newspapers. The right-wing Daily Telegraph, which is often critical of Harry, described his decision to settle as a "humiliating climbdown".

    Hacked Off, a group that campaigns for a more accountable press, said another public inquiry was needed into media ethics to establish which reforms were needed and who was behind the wrongdoing, following one which delivered its report in 2012 at the height of the phone-hacking scandal.

    Harry's war against the tabloids also remains far from over. Next year, his lawsuit with singer Elton John and others against Associated Newspapers, publisher of the Daily Mail and MailOnline, accusing the group of phone-hacking and other unlawful behaviour, is due to be heard at a High Court trial.

    (Additional reporting by Sophie Royal; editing by Mark Heinrich)

    Key Takeaways

    • •Prince Harry secured an apology from Murdoch's News Group.
    • •The case highlights ongoing media accountability issues.
    • •Harry's battle with the British press continues.
    • •The settlement avoided a full trial.
    • •Harry's accusations against media figures remain unproven.

    Frequently Asked Questions about Murdoch deal is victory for Prince Harry, but doesn't get him everything he wanted

    1What is the main topic?

    The article discusses Prince Harry's partial victory against Murdoch's News Group over media misconduct.

    2Another relevant question?

    What were the outcomes of Prince Harry's legal actions against the media?

    3Third question about the topic?

    What are the implications of this case for media accountability?

    More from Finance

    Explore more articles in the Finance category

    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    View All Finance Posts
    Previous Finance PostA fifth of private deals last year 'sustainable', UBS exec says
    Next Finance PostTIM extends to March 15 exclusivity period for Sparkle bid from Italy Treasury, Asterion, sources say