Press anger at regulation deal

The Financial Times has become the latest newspaper to oppose the all-party endorsed press regulation proposals. The FT joins an opposition press group that includes The Times, The Daily Telegraph, the Daily Mirror and the Daily Mail.

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Telegraph: Deal 'detail deserves careful consideration'

The Daily Telegraph has said the cross-party deal on press regulation "deserves careful consideration."

In its leader column to be published in tomorrow's paper, it says:

The near unanimity in Parliament yesterday in support of the new approach was a powerful indication of how far the press needs to move in order to restore faith in its regulatory structure.

The three party leaders urged the newspaper industry to endorse the new dispensation as quickly as possible. However, after 318 years of a free press, its detail deserves careful consideration.

It also says that the Prime Minister should admit the plans do involve legislation:

So for all Mr Cameron’s protestations, the distinction between his proposed regime and statutory regulation is a semantic one.

As Nick Clegg, the Deputy Prime Minister, observed, the solution involves a mixture of Royal Charter and statute.

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