<P> In 1985, the News of the World moved out of Thomson House when the building was bought by the tycoon Robert Maxwell (and renamed Maxwell House) and after a short spell on the Daily Express presses in Great Ancoats Street moved to a new plant at Knowsley on Merseyside . </P> <P> In 2011 the then editor, Colin Myler, described his title as "the greatest newspaper in the world" as it won four awards at the British Press Awards . The main award was for News Reporter of the Year, going to Mazher Mahmood, the "fake sheikh" who hides his identity, for his expose of cricket corruption . The paper also won show - business reporter and magazine of the year . Some thought NOTW might have won the top award, Newspaper of the Year, if it were not for the phone - hacking saga . That was won by The Guardian, which had investigated the hacking scandal . </P> <P> It was announced on 7 July 2011 that, after 168 years in print, the newspaper would print its final edition on 10 July 2011 following revelations of the ongoing phone hacking scandal, with the loss of 200 jobs . The paper announced that all profits from the final edition--74 pence out of the £ 1 cover price--would go to "good causes", and advertising space would be given to charities; the remaining 26 pence for each copy went to retailers selling the paper and to wholesalers . Shutting the newspaper cost News Group Newspapers around £ 240m . </P> <P> Downing Street said it had no role in the decision . James Murdoch has claimed that the company is fully co-operating with ongoing police investigations . </P>

Why did the news of the world shut down