Johnston Press: Administration
Debate between Lord Watson of Wyre Forest and Alex Sobel(6 years ago)
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Alex Sobel (Leeds North West) (Lab/Co-op)
There are three Johnston Press titles in my constituency—
Alex Sobel
Thanks. One of those papers, The Yorkshire Post, is vital to our campaign for One Yorkshire devolution. Without The Yorkshire Post, we would not have been able to bring forward a diverse set of parties.
On 14 October, in The Observer, Roy Greenslade produced a devastating critique of the way in which what has happened to Johnston Press came to pass. When the banks failed, they were deemed to be too big to fail. Now the same thing has happened. When Johnston Press ceased to be a family firm, huge acquisitions were made based on debt. Will the Secretary of State be looking at future acquisitions, whether they are debt-backed or not, and will he be looking into the media industries?