News International chief executive Rebekah Brooks has resigned because of growing pressure over the phone hacking scandal at the News of the World newspaper.
STATEMENT SAYS: "My resignation makes it possible for me to have the freedom and the time to give my full cooperation to all the current and future inquiries, the police investigations and the CMS appearance."
SKY NEWS says Sky Italia's Tom Mockridge is the new Chief Executive.
UPDATE: James Murdoch says: "She has been one of the outstanding editors of her generation and she can be proud of many accomplishments as an executive. I understand her decision and I want to thank her for her 22 years of service to the Company."
Rebekah Brooks statement at the TELEGRAPH (BEST LIVE COVERAGE)