BSkyB Debate

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Thursday 30th June 2011

(12 years, 10 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

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Jeremy Hunt Portrait Mr Hunt
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I am completely satisfied. My hon. Friend is right that the first time the undertakings were proposed to me, my concern was about financial viability. Sky News has a secure financial platform for a long period, which is the envy of all other broadcasters. That will allow it to do precisely what my hon. Friend says. I am sure that with an independent board led by an independent chairman, it will want to diversify its sources of funding, which would give it even more money to invest in news gathering, which is its core strength.

Alun Cairns Portrait Alun Cairns (Vale of Glamorgan) (Con)
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Did Ofcom or the Office of Fair Trading change their initial advice about whether the undertakings addressed their concerns about plurality?

Jeremy Hunt Portrait Mr Hunt
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No, they did not. I could have accepted the original undertakings published on 3 March. I have chosen not to, which is why there is now a further consultation to make the undertakings even more robust.