Baroness Blackwood of North Oxford
Main Page: Baroness Blackwood of North Oxford (Conservative - Life peer)
Mr Hunt
Undertaking 6.1 states that News Corporation is not allowed to buy additional shares in Sky News without the consent of the Secretary of State. Even after 10 years, when that agreement expires, were it to wish to acquire new shares in Sky News, it would have to go through potentially exactly the same process that it has gone through this time. The Secretary of State would have the option of asking Ofcom to examine the matter and referring it to the Competition Commission. All those safeguards will remain in place.
Nicola Blackwood (Oxford West and Abingdon) (Con)
I thank the Secretary of State for his assurance that the new company will have to adhere to a stricter governance regime than any other UK media company, but given the distinct lack of public confidence in the process, what assurances can he give the House that that governance system will actually be adhered to?
Mr Hunt
First, there are provisions in the undertakings that give the Secretary of State powers to ensure that compliance happens, so I have some sanctions.
With respect to the approach to the decision that has been taken, today I have published 14 documents, including the ones that I am statutorily required to publish and many that I am not. I am not aware that any Minister involved in a similar decision has ever published so many documents. They include a timeline with details of every meeting that has taken place as part of the process. We will publish the minutes of those meetings at the end of the process. I hope that that commitment to transparency, and the fact that I have sought, published and, after consideration, accepted independent advice at every stage of the process, will reassure my hon. Friend’s constituents of the total probity with which we have approached the decision.