The Sun losses exceed £60m as ad slump and hacking charges take toll

Total revenues fell from £456m to £446m after price increase failed to offset decline in print advertising and rising legal costsThe Sun made a loss of more than £60m last year as steep declines in print advertising, redundancy costs and phone-hacking charges battered the tabloid.Its stablemate the Times also slipped into the red, reporting a pretax loss of £5m in the year to 3 July, down from a profit of £8.8m in 2015, in part due to racking up £13.7m in redu