As I just outlined, my principal concern is about the suggestion that a publisher would have to pay the loser’s costs, irrespective of what those costs could be.
The Government have considered the many factors in play in reaching this decision. It is important to say that this is not a licence for newspapers to print whatever they wish—I hope that is understood in my local area by the Bucks Herald and the Bucks Free Press. There are undoubtedly times when the line between fact, comment and insinuation seems to be ever thinner. Self-regulation brings with it a responsibility to get articles right first time, as well as to give sufficient opportunity for a right to reply and appropriate space for both sides of the story. I hope that newspaper owners and editors will take the opportunity of the repeal of section 40 to redouble their efforts to justify the trust we are putting in them to work to the highest standards.
The Media Bill is essential to securing the long-term future of our public service broadcasters. More than that, it gives confidence to our nation’s wider creative economy. We need to ensure that the Bill gets on to the statute book as smoothly and quickly as possible. I have not proposed amendments or called for specific changes because I recognise the urgency. The industry has worked closely with the Department for many months, if not years. As a result, I believe that we have before us a Bill that is well thought-out, fit for the future and fair to all. I am delighted to give it my enthusiastic support.
5.23 pm