On the subject of privacy, the Private Eye editor defended the public interest in exposing former Royal Bank of Scotland boss Fred Goodwin's affair with an RBS board member, saying: "Is that his private life? Or is it permissible to write about that on the grounds that perhaps when you're taking major decisions involving risky financial manoeuvres, someone you're sleeping with doesn't say harshly, 'You're mad' at set times? You can see I believe that there is a defence there."
He also rejected calls for statutory regulation of the press, saying there was already adequate legislation in place to tackle legislation, but that the problem was this was not enforced strongly enough by police and politicians.
He said: "Contempt of court is illegal, phone tapping is illegal, policemen taking money is illegal. All of these things don't need a code, we already have laws for them."
Hislop also defended the use of 'blagging' by journalists, mentioning undercover investigations into whaling and the practice of lobbyists, and warned against introducing strict privacy laws like those found in France.