Indeed. The validating process would happen every two years, which means that there could be opportunities to tweak the code at every stage.
Let me turn to the competition that is facing our newspaper industry—the digital media. Last week, my question to the Prime Minister was about a level playing field. Should we not be giving more thought to this as increasing numbers of people get their news from all kinds of social media that are well beyond a regulated code of practice of any sort? It is like the wild west out there. This competition is doing serious damage to our
newspaper industry, and readership is falling year on year. Most young people carry their news on their phones and do not feel even the slightest need to stop and buy a newspaper.