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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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Clegg urges press to spot incentives in deal 'fine print'

Deputy Prime Minister Nick Clegg has urged Britain's leading newspapers to support the politically-endorsed press regulation deal and recognise its benefits.

"The whole design of Leveson was based on ... independent self-regulation, but with a number of incentives which make it worth newspapers actually joining in the system," he said.

The Liberal Democrat leader appealed for editors and other influential media figures to recognise the benefits of the proposed new regulatory system, saying:

I hope that when they examine the fine print, they will see that the incentives are strong and that it's worthwhile, not least in order to restore public trust in the conduct of newspapers, for them to join in with the system, and I very much hope they will.

– Nick Clegg

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