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Private Eye's Ian Hislop at media ethics inquiry

17 January 2012 Last updated at 17:33 GMT

Private Eye's Ian Hislop has talked about the satirical magazine's sources at the Leveson Inquiry into media ethics.

He said that new laws are not needed to govern the press, saying ''statutory regulation is not required''.

Mr Hislop also criticised the close relationships between the press, police and politicians.

"There are reasons News International thought it could get away with whatever it liked... the Murdoch family was deeply embedded in our political top class," he added.