Premiership of David Cameron Christmas with Brooks, was accused by Ed Miliband of being "out of step with public opinion" and lacking leadership on the matter due to his "close relationships" with News International. The scandal was further aggravated by the announcement he had ridden Rebekah Brooks horse on loan from the Metropolitan Police, and the implicit involvement of Culture Secretary Jeremy Hunt, whom had been handed jurisdiction over Rupert Murdoch's BSkyB bid after Vince Cable's supposed expression of bias, in passing confidential information to the Murdoch empire regarding the bid's progress Right-leaning political commentator Peter Oborne argued that it was no longer possible
News Corp finalized on June 28, 2013; during the stock splitting process, one share of the new News Corp was given to shareholders for every four shares they owned in the former News Corp. The new News Corp began trading on the NASDAQ stock exchange under the symbol "NWS" on July 1, 2013; at the same time, the former News Corporation (now consisting purely of media properties, such as Fox Entertainment Group and 20th Century Fox) was renamed 21st Century Fox. On September 4, 2013, News Corp announced that it would sell the Dow Jones Local Media Group, a group of 33