Public Confidence in the Media and Police

I want to make some progress. It is commonly agreed that we need a new system of regulation. Whether we call it self-regulation or independent regulation, which is a term the Prime Minister coined and that I like, in substance it is about ethics being overseen by an independent group of people who are not current editors, with investigatory powers so that the regulatory body cannot simply be lied to as the PCC says that it was and—this is an important point—with the power to enforce compensation and prominent redress. That point is really important. The standards of accuracy in our press will be much encouraged if there is prominence of apology and admission of error rather than their being buried on page 42, which is what happens. The issue, which the Prime Minister touched on in his speech, goes beyond press regulation. Indeed, Government Members have asked me about this. Why did not more of us speak out earlier? The answer is what we all know and used to be afraid to say: News International was too powerful. It owned 40% of the newspaper market before the closure of the News of the World. It owns two thirds of the pay TV market through 39% of the Sky platform and Sky News. The Communications Act 2003 rightly stops an organisation holding an ITV licence and more than 20% of newspapers, but it does not apply to digital channels. One might say that it was an analogue Act in a digital age. The Act needs to be updated as such a concentration of power is unhealthy. If one thing comes out of what we have seen in the past two weeks and over many years, it must be that we understand the point about concentrations of power in our society because large concentrations of power are more likely to lead to abuses of power.