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.
More top news
The shortest man ever to have been measured has died aged 75, Guinness World Records has announced.
Britons have stepped forward to offer help to refugees after a photo of a drowned three-year-old boy prompted an outpouring of support.
A One Direction fan said she was delighted after Harry Styles grabbed her posted during a concert and corrected her grammar.