Shadow culture secretary Jeremy Hunt has attacked the way the media operates.
"regulations designed in the pre-internet era should be replaced with a new "light-touch" approach. "
Light-tough, like what they called for in the financial sector. Worked well there.
Like the one that lets Fox get away with lies in America, rather than being impartial.
There may be a connection there.
Hunt is also calling for rules restricting ownership to be relaxed. Interesting, as one James Murdoch called for the same thing. So that he can grab more power and influence.
Local news is important, maybe there could be some government subsidy