Rupert Murdoch heading to London, third man arrested

Media mogul Rupert Murdoch is expected to fly into London today to confront the growing crisis at his media group at News Of The World.

Murdoch is reportedly heading to London as a third man was last night arrested in connection with alleged corrupt payments made to police officers. Sky News reports the man, 63, is believed to be a private investigator who worked for NOTW.

Former NOTW editor Andy Coulson and former royal reporter Clive Goodman were released last night on police bail.

After his release from Lewisham police station, in south east London, last night, Coulson said: "There is an awful lot I would like to say, but I can't at this time." The 43-year-old, David Cameron's former spin doctor, was released on police bail until October.

Goodman, who was re-arrested by police in connection with alleged police payments, has also been released on bail until October. He had been jailed in January 2007 for phone hacking.

James Murdoch, chairman of publisher News International and son of Rupert, said NOTW – the 168-year history of Britain's best-selling paper – would end after Sunday's publication.

The announcement came as advertisers deserted the paper and police revealed 4,000 people may have had their phones hacked.

Voicemail messages targeted included those of murdered schoolgirl Milly Dowler , bereaved military families and relatives of 7/7 bombing victims.

The NOTW also stands accused of paying thousands of pounds illegally to corrupt police officers.