Since we covered the unfolding scandal midweek, the News of the World has closed and Rupert Murdoch's bid for BSkyB looks like it's on hold. But don't think this story is going away. And you shouldn't want it too.
The Deputy PM & Liberal Democrat leader Mr Nick Clegg hit upon a crucial issue today, as he called upon Rupert Murdoch to withdraw his bid.
If the bid is simply delayed, then it will become possible for News International to separate the controversy and inquiries from the bid. And while that would be News International's most strategically sensible move, it would also be unfair. Labour leader Mr E Miliband said that he believed the situation had made Murdoch's bid 'untenable'.
To simply pause and to allow the matters to become unhitched from one another in the course of time, would be to ignore how heavily the outcome of the inquiries weighs upon the suitability of such a bid. It is important to assure these affairs remain tethered together in order to determine, as the former Labour MP John Prescott wrote in his letter to OFCOM, whether News International and Rupert Murdoch 'are fit and proper people to have outright ownership of BSkyB'.
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