Johnston Press: Administration

Hannah Bardell Excerpts
Monday 19th November 2018

(5 years, 5 months ago)

Commons Chamber
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Jeremy Wright Portrait Jeremy Wright
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I will first address my right hon. Friend’s second point. He is right that we need to consider the impact on local news of the increasing transfer of particular advertising to online platforms. Of course, it is also important to consider how we ensure that content is properly paid for when it is used. He is also right that local democracy reporters have a part to play. It is important to note that the content they produce is made available to local newspapers, and I am sure that this assists those local newspapers in producing copy.

Hannah Bardell Portrait Hannah Bardell (Livingston) (SNP)
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Local journalism and local journalists are the lifeblood of our media. I welcome much of what the Secretary of State has said, although we have not heard enough about the guarantee for pensions, workers’ rights and jobs, and I have spoken to a number of journalists who are deeply concerned. He will know that the National Union of Journalists has voiced significant concerns about the long-term intentions of the company’s new owners, amid fears that it has been purchased with a view to asset stripping. Does he believe that it would be prudent for the new owners to make a commitment to staff regarding their motivations for taking over and to offer assurances about their long-term plans for Johnston Press?

Much has been said about what can be done, and the demise of Johnston Press has largely been put down to the rise of digital media, so I am sure that the Secretary of State will find it more than passing strange that the previous chief executive will be the new chief executive in that new company. A company has failed, and I think we all find it very strange that it has shut down, moved on some of its debts and pension liabilities, and popped up with a shiny new name. We must be sure that the workers’ rights and pensions are protected.

The Secretary of State may know that Norway has the strongest penetration of digital news subscriptions of any country, as almost two thirds of Norwegians mostly find news by going directly to traditional news providers. He may therefore also find it strange that one of the major shareholders—the Norwegian investor, Christen Ager-Hanssen, who is in Parliament today—has been shut out and that his shares are now valueless. Will the Secretary of State meet me, the hon. Member for West Bromwich East (Tom Watson) and Mr Ager-Hanssen to discuss the issues? I recommend Lesley Riddoch’s film, “Nation”, which looks at Norway’s model of funding the second newspaper in every region of Norway. Will he look at that model and compel Frances Cairncross to include it in the review in order to look at the options available for workers, who we think of today?

Jeremy Wright Portrait Jeremy Wright
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Let me pick up three of the hon. Lady’s points. First, she mentioned pensions. As I said, the Pension Protection Fund is now engaged with this, and the action it now takes is a matter for that body. It is important that the fund and the Pensions Regulator have the chance to consider this properly, as they are now doing.

Secondly, the hon. Lady asked about the long-term commitment of the new owners. Again, that is a matter for them. What I should have said is that, as she will appreciate, the headquarters of Johnston Press are in Edinburgh, so it is of course necessary for us to work with the Scottish Government to ensure that, if further actions are necessary, we take them in conjunction with the Scottish Government.

Finally, the hon. Lady invited me to meet her, the shadow Secretary of State and a shareholder. Earlier, I mentioned the risk that there is a quasi-judicial role for me to complete in this process. We do not yet know whether I will need to do so, but I think it best that I am prudent about that at this stage so, if she will forgive me, I will not accept her kind invitation at this point.