After an inquiry into press intrusion lasting 16 months and costing £6m, Lord Justice Leveson has delivered a damning verdict on decades of 'outrageous behaviour by newspapers'.
After hearing evidence including how News of the World journalists had hacked the phone of murdered schoolgirl Milly Dowler, his 2,400-page report condemned the behaviour of elements within the newspaper industry and called for the establishment of a muscular new independent regulatory body, backed by legislation.
Leveson concluded that 'The press had repeatedly acted as if its own code of conduct simply did not exist, and wreaked havoc with the lives of innocent people. He said that he was left with no doubt that the existing model of voluntary self-regulation under the Press Complaints Commission which is run by newspaper editors and overseen by Ofcom, the regulator for televsion and radio journalists.
David Camerons response? Let's give the press another go at regulating themselves shall we?
In other news, The Sun newspaper found itself £400,000 lighter yesterday after an out of court settlement with x-factor judge Louis Walsh after it incorrectly accussed him of sexually assualting a man in a nightclub.
Good call Dave, i think the press policing themselves just may work this time and i am sure that when the next election comes around, you can now count on their support.