"...he said he couldn't ignore OFCOM, he had brought them into this OFT process to get some cover"
From number five of these six emails, excerpted from the Jeremy/James love letters. What an idiot. Everyone knew how the BSB inquiry would turn out when it was given to Hunt. That's why it was taken from Vince Cable's department and given to him. Everyone knew OFCOM was a cover. All that needed to happen was for the heartstruck couple to keep their distance and let Jeremy decide what he was always going to decide. But no. They couldn't let it lie. It had to be amorous instead of dignified.
Anyway, now James has done his best to do for Jeremy, it's Rupert's turn to see what he can do to the rest of the government; and perhaps to the legacy of the one that preceded it. I'm not sure why Rupert's so intent on the destruction of a government that did it's stupid best to help him. The one thing I can think of that might have precipitated it is Cameron's failure to defend Murdoch against the prospect an enquiry last year, which shows pretty good judgement on Ed M's part in forcing one.