Oireachtas Joint and Select Committees

Wednesday, 25 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. Tim Vaughan:

I believe that when a newspaper has owners who strongly respect editorial independence, everything else flows from that. The importance of this might not be appreciated. There is a commercial imperative. One has to stay in business and make a profit, but I enjoy that privilege. The same pressures which might apply elsewhere do not apply. I do not come under that pressure. Advertisers might be unhappy or other people might be unhappy. Every day there is somebody unhappy with something that appears in the newspaper. That is part of the business, but you do what you do and hold the editorial line.

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