Peter Oborne The Daily Telegraphs chief political commentator has resigned.
He explains his reason for leaving the paper on a a blog at OpenDemocracy accusing the newspaper of committing fraud on its readers over its coverage of the HSBC scandal. It seems that the HSBC tax story was the final straw for Mr Oborne.
“After a lot of agony I have come to the conclusion that I have a duty to make all this public. There are two powerful reasons. The first concerns the future of the Telegraph under the Barclay Brothers. It might sound a pompous thing to say, but I believe the newspaper is a significant part of Britain’s civic architecture. It is the most important public voice of civilised, sceptical conservatism.
Telegraph readers are intelligent, sensible, well-informed people. They buy the newspaper because they feel that they can trust it. If advertising priorities are allowed to determine editorial judgments, how can readers continue to feel this trust? The Telegraph’s recent coverage of HSBC amounts to a form of fraud on its readers. It has been placing what it perceives to be the interests of a major international bank above its duty to bring the news to Telegraph readers. There is only one word to describe this situation: terrible. Imagine if the BBC—so often the object of Telegraph attack—had conducted itself in this way. The Telegraph would have been contemptuous. It would have insisted that heads should roll, and rightly so.
This brings me to a second and even more important point that bears not just on the fate of one newspaper but on public life as a whole. A free press is essential to a healthy democracy. There is a purpose to journalism, and it is not just to entertain. It is not to pander to political power, big corporations and rich men. Newspapers have what amounts in the end to a constitutional duty to tell their readers the truth.”
Read Peter Oborne’s resignation article in full HERE