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

May I touch on the issue of risk aversion, 54662. If I can just summarise the points you make and then ask you to comment. You rightly say that investigative journalism is expensive and the returns, if any, may be long-term. There is a need for a vigorous press, what you say or you call a freedom to engage in robust or even grubby comment. Matters of taste must not be regulated.

I think the question is: does that not create a risk of collateral damage?

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