Draft Royal Charter on press regulation
The draft Royal Charter on the self-regulation of the press was published today.
Key points:
- To create a body known as the Recognition Panel
- To remain in place unless two-thirds of MPs and peers decide otherwise
- To impose "financial sanctions up to 1% of turnover attributable to the publication concerned with a maximum of £1,000,000"
- To be funded by public money “to commence its operations and thereafter fulfil its purpose for the first three years”
- To be governed by a board made up of a chair and at least four members
PM: New press regulation deal protects free press
David Cameron has insisted a cross-party agreement for a new system of press regulation protects the principle of the free press.
Labour and Tories both claim victory over 'press deal'
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.
Could there be a consensus on press regulation?
Is there a chance tomorrow's Commons' votes on press regulation may not go ahead? Could there be agreement between the parties after all?