Shareholder fury awaits Murdoch jnr

Published on 29/10/2012 00:42

James Murdoch will come under attack from shareholders at BSkyB’s annual meeting this week after the telecoms watchdog called his “competence” and “attitude” into question.

Mr Murdoch stepped down as BSkyB chairman amid fears that the News International phone-hacking scandal would damage the firm, but he stayed on as non-executive director.

Shareholder group Pirc (Pensions Investment Research Consultants) has urged shareholders to vote against his re-appointment on Thursday due to the criticisms levelled at Mr Murdoch by communications regulator Ofcom.

Ofcom hit out at Mr Murdoch’s failure to uncover problems at News International earlier during its review of Sky’s broadcasting licence in the wake of the hacking allegations.