Ian Cheshire has been selected by the government as its preferred candidate to chair Ofcom. Can someone pass Margaret Hodge a tissue…
Cheshire will replace Lord Grade, whose term ends this month. Cheshire is former chairman of Channel 4 and CEO of retail group Kingfisher. He has also had stints as chairman of of Barclays UK, Debenhams plc, Maisons du Monde and Menhaden…
His quote:
“Across my career in e-commerce, telecoms and broadcasting I have seen first-hand how much effective regulation matters – for consumers, for businesses and for the wider economy. Ofcom has a critical job to do at a time of rapid change in how people communicate, access information and stay safe online. I look forward to setting out my vision for how Ofcom can meet those challenges when I appear before the Select Committee.”
Ofcom is responsible for enforcing the hated Online Safety Act and has attracted severe criticism for its two-tier treatment of GB News. The regulator’s reputation is in tatters…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”