Mr John Whittingdale (Maldon) (Con): Does my right hon. Friend agree that there is now almost universal agreement that we must have a strong new regulator, that it must be seen to be independent and that it must be established as quickly as possible? I strongly welcome his statement, however, that the question of whether the regulator should have statutory underpinning is something that Parliament needs to consider carefully, perhaps through a regular assessment of its effectiveness by the Culture, Media and Sport Committee, and that we should proceed to legislate only if it becomes absolutely clear that it will not function properly without it.
The Prime Minister: My hon. Friend makes an important point. He has probably spent more time looking at this issue than almost any other Member of the House of Commons. As he said, what matters is the enormous consensus about what independent regulation should consist of, including the powers that are necessary. We all know we need million-pound fines, proper investigations, editors held to account and prominent apologies. That is what victims deserve and what we must put in place, but he is right that we need to think carefully before we pass legislation in the House.
