Media: Press Sustainability

Lord Inglewood Excerpts

Thursday 22nd March 2018 Lords Chamber

[Lord Keen of Elie]

We recognise that Impress is now recognised by the PRP and that some but not many newspapers at a national level have engaged with it. We also recognise the importance of IPSO and, indeed, of those newspapers, such as the Guardian and the Financial Times, which have instigated their own independent review positions.

[Lord Inglewood (Con)]

My Lords, I declare an interest as someone who was a director of a local media company until a month ago, when it sold up. Could my noble and learned friend please explain to the House what in fact the Government mean by sustainability in this context?

[Lord Keen of Elie]

We have to identify a model by which the local and national press can continue to deliver what is required of an independent and informed news source. That has been the subject of change, clearly; we have passed from the days when a piece of journalism could be accompanied by an advertisement and, therefore, self-sustaining. We have to look at how we can sustain our media in future.