The newspaper industry has announced its own proposals for a Royal Charter to underpin a new system of self-regulation.
David Cameron has insisted a cross-party agreement for a new system of press regulation protects the principle of the free press.
Labour says this is just the sort of legal under-pinning they were looking for but the Conservatives say that no such press law will exist.
The editor of the Daily Telegraph Tony Gallagher described the government-proposed approach to press regulation in colourful language on Twitter:
Can anyone possibly be surprised we have rejected Lab-Lib-Hackedoff stitch up- not forgetting walk on role for sleepy Letwin.(PM was in bed)From @gallaghereditor on Twitter:
The newspaper industry said the Royal Charter published by the Government in March has been condemned by a range of international media freedom organisations and enjoys "no support within the press" in the UK.
A statement co-ordinated by the Newspaper Society said: "A number of its recommendations are unworkable and it gives politicians an unacceptable degree of interference in the regulation of the press."
The industry's proposal is closely based on the draft Royal Charter published on February 12 following negotiations with national and local newspapers and magazines.
The statement described it as "a workable, practical way swiftly to deliver the Leveson recommendations, which the industry accepts, without any form of state-sponsored regulation that would endanger freedom of speech".
The Sun's political editor Tom Newton Dunn has tweeted:
The FT, Guardian and Indy have not signed up to rival Royal Charter - but want to keep talking.From @tnewtondunn on Twitter:
The newspaper industry said its counter proposals on press regulation would protect "freedom of speech."
– newspaper industry statement
This Royal Charter proposal will deliver on Leveson and bind the UK's national and local newspapers and magazines to a tough and enduring system of regulation - tougher than anywhere else in the Western world - which will be of real benefit to the public, at the same time as protecting freedom of speech.
The newspaper industry firmly rejected the Government's Royal Charter proposal on press regulation and published its own plans.
A statement co-ordinated by the Newspaper Society said the new proposal has "widespread backing across the industry" and would deliver:
- Tough sanctions - with the new regulator able to impose fines of up to £1 million for systematic wrongdoing.
- Full and prominent correction of inaccuracies.
- Strong investigative powers enabling the new regulator to investigate wrongdoing and call editors to account.
- Genuine independence from the industry and from politicians, with all the bodies making up the new regulator having a majority of independent members appointed openly and transparently.
- Public involvement in the framing of the Code of Practice which binds national and local newspapers and magazines.
The newspaper industry rejected the Government's plans for the future of press regulation and published its own proposal for a Royal Charter to create a new system of self-regulation.
Newspapers are about to set out their response to proposals on press regulation.
Barristers David Sherborne and Carine Patry Hoskins reportedly went on holiday together to Santorini in August, days after the public hearings concluded and months before the inquiry ended.
But they are said to maintain that their relationship did not begin until after the Leveson Report was published in November.
Reports suggest Mr Sherborne, 44, and Ms Patry Hoskins, 40, did not tell Lord Justice Leveson that they had become close and he only learnt of their trip to Santorini in recent days.
Carine Patry Hoskins became known as the "woman on the left" in reference to her regular seated position during the Leveson Inquiry's televised hearings.
She served as the junior counsel in the Leveson team led by Robert Jay QC.
Barrister David Sherborne represented phone-hacking victims at the Inquiry, most notably Hugh Grant, and questioned Daily Mail editor Paul Dacre on the newspaper's coverage of the actor.
Lord Justice Leveson's letter responded to Conservative MP Rob Wilson, who had demanded the judge examine the relationship between Carine Patry Hoskins and David Sherborne.
Mr Wilson wrote to the Bar Standards Board requesting an investigation into the impact of the barristers' private relations on the role both played during the inquiry.
Lord Justice Leveson said it was "a matter for the Board to decide, what, if any, action to take", adding: "In the circumstances, I do not comment further."
But he unequivocally defended the role of Ms Patry Hoskins, who he said had "absolutely no input into any conclusions" reached by the inquiry.