By Kate Ward
Updated July 15, 2011 at 01:42 PM EDT

Here’s some front-page news the now-defunct News of the World would not welcome: Rebekah Brooks, the chief executive of News International who was once News of the World editor, has decided to resign from her post following a phone hacking scandal. This past weekend, the U.K. newspaper — which had been an established tabloid overseas since 1843 — folded following allegations that News of the World had tapped into the phones of over 4,000 people, including 13-year-old murder victim Milly Dowler. Since then, Brooks, who served as editor during some of the more serious supposed hacking, had been pressured to resign. “As chief executive of the company, I feel a deep sense of responsibility for the people we have hurt and I want to reiterate how sorry I am for what we now know to have taken place,” she said in a statement. “I have believed that the right and responsible action has been to lead us through the heat of the crisis. However my desire to remain on the bridge has made me a focal point of the debate.”

Brooks also said her mere presence was distracting the corporation from solving its problems. “As you can imagine, recent times have been tough. I now need to concentrate on correcting the distortions and rebutting the allegations about my record as a journalist, an editor, and executive,” she said in the statement. One person likely happy about this development? Actor and hacking victim Hugh Grant, who helped take down News of the World with an investigative piece for the New Statesman.

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