5th July 2011
The Wall Street Journal has reported that Ford Motor Company is withdrawing all advertising from the Sunday newspaper The News of the World amid allegations that the racy tabloid hacked into the voicemail of a murdered 13-year-old girl.
The website quotes a spokesperson from Ford saying: "Ford is a company which cares about the standards of behavior of its own people and those it deals with externally."
"We are awaiting an outcome from the News of the World investigation and expect a speedy and decisive response."
Other advertisers may follow suit. A spokeswoman for Halifax, the mortgage-lending unit of HBOS, which is part of Lloyds Banking Group, said the company was considering pulling its advertising from News of the World.
Npower, said it was reviewing its options on advertising in the News of the World following the latest allegations.
Financial Times has reported that Ford carmaker said it would move its business to other media or other parts of News International pending the outcome of the newspaper's own investigation.
MPs will hold an emergency debate on Wednesday on whether to hold a public inquiry into the phone hacking scandal.
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