Cameron brokers long-awaited press regulation deal

PRIME MINISTER David Cameron has finally thrashed out a "historic" deal with his deputy Nick Clegg and Labour leader Ed Miliband over a new press watchdog this week.

The regulator will be established by royal charter, meaning there will be no need to pass statute in the Houses of Parliament.

Importantly, the charter can only be amended if there is a two-thirds majority in both the Commons and the Lords. This is unlike other charters which are altered by the Queen on the advice of Privy Council, which comprises of government ministers of the day.

So, almost two years since the News of the World phone-hacking story broke and over 100 days on since Lord Leveson published his £5m report, why has it taken so long just to get to this point?

Well, the main problem was that Mr Cameron was opposed to any statutory underpinning of regulation as suggested by Lord Leveson.

This contrasted with Mr Clegg and Mr Miliband who both thought that the judge's recommendations should be enforced in their entirety.

The schism caused a protracted period of political wrangling, which left the newspaper industry in limbo - and the gridlock reached its peak last Thursday when Mr Cameron called a halt to the cross-party talks.

Instead, the PM had planned to force a Commons vote on a royal charter on Monday evening - but, ultimately, the parties and victims campaign group Hacked Off were able to make a deal in the early hours of the same day.

Incredibly, though, the talks did not include a single member of the press.

Now, at this point, it must be accepted that the newspaper industry has caused a lot of damage over the years. Indeed, Lord Leveson himself stated it had "wreaked havoc in the lives of innocent people".

But to exclude the whole industry from discussions over its future regulation seemed a pointless thing to do - especially when it ended up being some members of the press who actually could be said to have forced the breakthrough.

Alan Rusbridger, Chris Blackhurst and Lionel Barber - editors of the Guardian, the Independent and the Financial Times, respectively - broke ranks with other media titles by suggesting the way forward was to accept the idea of a charter.

In the end, the trio's proposal formed the basis for what politicians agreed on.

The politicians, bless'em, all seem rather pleased with themselves with Mr Cameron describing it as a "neat solution". However, there has already been dissent in the ranks of the Fourth Estate.

For, while some of the aforementioned newspapers have cautiously welcomed the plans, others remain virulently opposed to any external interference.

Associated Newspapers, owners of the Daily Mail, News International - representing the Sun and the Times - as well as the Telegraph Media Group are all exploring the possibility of setting up their own body.

The Mail branded the deal "a grim day for all who value freedom" and, like the Times, accused Mr Cameron of threatening press freedom for the first time since newspapers were licensed 300 years ago.

Tim Jotischky, deputy editor of the Telegraph, tweeted late on Monday: "We can never lecture a Mugabe or a Putin on freedom of expression again. Quite an achievement for Hacked Off et al."

Meanwhile, magazines Private Eye and the Spectator have already rejected signing up to the new regulator.

Spectator editor Fraser Nelson said: "Press regulation is too important an issue to be answered by some tawdry deal cooked up at two in the morning in Ed Miliband's office.

"The result is unacceptable, state licensing of the media, something we haven't had in this country for 300 years."

Eye editor and Have I Got News For You panellist Ian Hislop agreed, adding: "You can't really say this is a considered and thoughtful process when, in the middle of the night, two bits are added to other bills.

"This doesn't really look like thoughtful considered legislation which has been worked through."

Moreover, some of the other implications of the new regulator - such as the extent to which the new regulator monitors online content - are unclear. Will bloggers be affected at all, for example?

The local press, which was hitherto seldom in trouble, also fears a "crippling" rush of compensation claims under the new system of arbitration for small-scale complaints.

All in all, then, the situation still remains a rather messy one - but, despite the rushed nature of the deal, it is difficult from a media perspective not to disagree with Indy editor Mr Blackhurst.

He said: "I don't think it's too bad. It could've been a lot worse, it could've been better. I think we have to recognise the mess the industry got into. The industry did some bad things and our existing regulator just wasn't up to the task."

Only time will tell if the new one is.