News International to sell Wapping siteMonday 05 September 2011 14.59
News International, the British newspaper wing of Rupert Murdoch's global media empire, said today it will sell its site in Wapping, east London, where it has been based for the past 25 years.
The move comes two months after the firm closed down its market-leading Sunday tabloid the News of the World, which operated out of Wapping, amid a scandal over the hacking of mobile phone voicemails.
The company's stable of titles, including The Sun, Britain's biggest selling daily tabloid, and The Times, will be entirely relocated to its neighbouring Thomas More Square base in east London, it added.
The company said ''current market conditions'' led to a decision ''not to proceed with re-modelling the Wapping site''.
Wapping was the site of a bitter and sometimes violent confrontation between Australian-born Murdoch and Britain's print unions when he first moved the papers and his printing presses there in 1986.