Leveson Inquiry

Michael Meacher Excerpts

Thursday 29th November 2012 Commons Chamber

[The Prime Minister]

I think that in the last week we have seen two notable successes in that regard. In two cases, there has not been a bat’s squeak outside the House of Commons. I refer to the announcement of the new Governor of the Bank of England, Mr Mark Carney, and to the report that was published today. There has been not a leak, not a sentence, not a word. How different things were in the past.

[Mr Michael Meacher (Oldham West and Royton) (Lab)]

Lord Leveson states that the selection of the key appointment panel which selects the chair and members of the crucial governing board should itself be independent of both the Government and the industry. Who would the Prime Minister expect to draw up a list of nominations, and who would make the final choice?

[The Prime Minister]

That is a very important question. In his report, Lord Justice Leveson gives a number of alternatives. He clearly prefers his model, but I think that the independence of those either judging an independent regulatory system or appointing people to it is absolutely vital. That is why I am concerned about the role that he puts forward for Ofcom. As I said earlier, the chair of Ofcom is appointed by the Secretary of State, and in my view that makes the two of them too close. In everything that we do, whether via legislation or by means of other backstops, we need to ensure that the people involved in this and the people judging this are properly independent.