Former News International chief executive Rebekah Brooks is in line for a seven-figure severance package after resigning.

Senior colleagues have estimated her pay-off will be in the region of be around £3.5m.

The size of the figure will leave a nasty taste in the mouths of the journalists who blame her for losing heir jobs following the collapse of the News of the World.

The final editor of the paper, Colin Myler, is also set to to be in line for a bumper pay-off - estimated at £2m after the paper produced its last-ever edition on Sunday.

Two of the company's senior lawyers - Jon Chapman and Tom Crone - will both get around £1.5million, the Independent reported today.

Les Hinton, 67, chief executive of Dow Jones, the U.S. arm of Murdoch's monopoly and publisher of the Wall Street Journal, became the most senior figure yet to resign last night.

And he too expected to receive a hefty sum.

The financial settlements will include gagging orders to stop executives discussing company matters outside of any public inquiries or criminal proceedings.

Lower down the ranks around 200 News of the World workers are waiting to find out if they will be made redundant.

Many will be hoping to get work on a mooted replacement Sunday red-top produced by News International.

All eyes will be on Mrs Brooks as she appears before MPs this Tuesday at the House of Commons, alongside Rupert Murdoch and his son James.

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