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Redundancies and office closures in local and regional media have put the future of local news at the "top of the agenda", the government has said.
Culture minister Barbara Follett said the government would "work tirelessly to secure news for local communities".
Tory shadow arts minister Ed Vaizey called for a relaxation of competition rules relating to media ownership.
An Early Day Motion, signed by 73 MPs, says more than 1,000 local news posts have been lost since last summer.
Mr Vaizey said that competition rules that had prevented a single organisation having a dominant impact on an area were unnecessary with the proliferation of online information sources.
He said: "We urgently need to sweep away the rules of media ownership that prevent consolidation of local newspaper groups and alliances between local newspaper groups and commercial radio companies."
Originally posted by Extralien
Or is this a step closer to no independant news delivery systems allowing the entire 'news' to be brought to us by one provider.