We should make the case for statute, but the hon. Gentleman is absolutely right that it should be as narrow as possible in scope.
Let me return to my comments and set out why self-regulation has failed. The problem with a purely self-regulatory body and nothing else is that there is a conflict of interest when those doing the judging—the press—are those being judged. I believe that Lord Justice Leveson’s answer to that decades-long problem is ingenious. It has drawn on, listened to and completely understood the concerns of the press. He does not throw out self- regulation, as some expected. Instead, he nominates a body to oversee the self-regulator to ensure it is independent and stays independent.