The transcripts of the official inquiry into the culture, practices and ethics of the press. More…

If I can just explore some aspects of the editorial code. First of all, can we look at the summary. It's at the top of the second page. You explain the most important currency is trust and you explain that the purpose of the code is, above all, to protect and foster the bond of trust between GNM and its readers. Then it says this:

"As a set of guidelines, this will not form part of a journalist's contract of employment. Nor will it form part of disciplinary, promotional or recruitment procedures."

So presumably this means that you can't be disciplined for breaching the editorial code insofar as the PCC code is not touched upon; is that correct?

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