Bryant: phone hacking may be worst corporate corruption case for 250 years | Media | guardian.co.uk
Ed Vaizey, the culture minister, said recent revelations raised questions about the relationship between senior Met officers and News International and the various police investigations into alleged illegal activity should be allowed to run their course.
“We all need to know what journalists and their agents were up to… and learn lessons for the future,” Vaizey added.
He said that was why David Cameron set up a judicial inquiry into media ethics and standards last summer, adding that he did not want to pre-empt Lord Justice Leveson’s report on the future of press regulation.
However, Vaizey said it was no secret that the government would like to see a new system of self-regulation for the press that is independent, credible and has the power to impose “proper sanctions” against wrongdoers.
“We haven’t ruled out statutory backing for a regulatory system,” he added.