Phone-hacking costs rise for Daily Mirror owner

The publisher of the Daily Mirror newspaper has set aside another £7.5m to settle phone-hacking claims.Reach, formerly known as Trinity Mirror, also said it expects revenue to rise 11% in the 26 weeks to 1 July, boosted by its £127m acquisition of the Daily Express and Daily Star from Northern & Shell.The company also warned like-for-like revenue over the period excluding the Express and Star is set to fall by 8%.