As the Leveson inquiry continues and the fees Rupert Murdoch has paid out to lawyers run into the hundreds of millions, I wonder if it has occurred to him that the money would have been better spent establishing a crack team of investigative reporters working across all the News International titles - an A-Team of journalists if you like.
As I’ve said before, all the newspapers increased their circulations during the MPs expenses scandal. Clearly, there is a demand for proper stories - something most editors seem to have overlooked. For example, the story about Virgin paying the police overtime to investigate fraud seems to have escaped major attention. Does this indicate Government plans to privatise parts of the police force? Twenty per cent of the Royal Bank of Scotland is still in private hands. Who owns the remaining shares? Were journalists monitoring Stock Market activity after the announcement was made about Hester’s bonus? And as the National Health Service is dismantled by stealth, how many of David Cameron’s cronies stand to benefit?
There’s a reason why newspaper circulation is falling and it doesn’t have anything to do with the internet. Newspaper proprietors should never have viewed the internet as a threat, but as an opportunity to focus on what newspapers do best - investigative stories.
When it comes to judging the public mood, editors in England have failed spectacularly. And newspaper managers have failed to ensure that they employ people who have their fingers on the nation’s pulse.
The British public deserves better.
