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I strongly welcome my right hon. Friend’s statement. Does he agree that, now more than ever, newspapers play a vital role in holding both the Government and the Opposition to account? He is absolutely right that, rather than looking backwards at the events of 10 years ago and adding to the costs of local newspapers, we should be supporting newspapers in meeting the challenges of the internet giants.
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I agree wholeheartedly with my right hon. Friend, not least because, as he points out, one of the jobs of a Secretary of State is to look forward and consider how to solve the problems of today. The problems of local newspapers are not a marginal or side issue. More than 200 local papers have closed in the past decade and a bit, including local papers in my patch. I do not want to see that accelerated by the actions of this House, and that is what would happen if we do not take the course of action I have proposed today.
