Legislative Reform

This is the best advertising that the London Gazette has had since 1665. I suspect that sales will soar tomorrow, as people go out and get a copy to see what it looks like. The publication is available online, the Minister told us, which is reassuring, but the thrust of my argument is, first, how do we get the information to the creditors and, secondly, can we make sure that creditors lower down the food chain will receive the money? The savings will not go to the Government, because the Minister said that it will go to primary creditors, whoever they are. However, the people lower down the food chain, whom the hon. Member for Chorley (Mr. Hoyle) was talking about, are the ones we really care about. If the £600 saving goes to small and medium-sized enterprises, I would support that, but there is a big question mark about whether that is the case. I hope, however, that in making these changes we will not push local papers closer to the brink of collapse. If this is the start, I am sure that there will be other regulatory reforms in future that will remove the obligation to place advertisements in local papers, which will further cripple the papers that we all cherish in our local areas.