A cross-party deal for a new press regulator underpinned by statute has been struck after overnight talks between the Liberal Democrats, Labour and the Conservatives. Here's how the twittersphere has reacted.

A cross-party deal for a new press regulator underpinned by statute has been struck after overnight talks between the Liberal Democrats,  Labour and the Conservatives.

The deal means that a new press regulator created by Royal Charter will now be underpinned by law. David Cameron has caved in on this point after initially opposing the policy.

It appears that Cameron was ultimately spooked at the prospect of losing a Commons vote on the issue, and has moved towards the position of Labour and the Liberal Democrats (as well as campaign group Hacked off) for a press regulator backed by law.

Unsurprisingly perhaps, all parties are portraying the deal as a victory.

If the newspapers do not agree to sign up, however, the deal is essentially a dead duck.

The legislation will go before the House of Lords later today.

Here’s how the twittersphere has reacted:

[blackbirdpie url=”https://twitter.com/jameschappers/status/313587328356605953″]

[blackbirdpie url=”https://twitter.com/LuvRobin/status/313596702235979776″]

[blackbirdpie url=”https://twitter.com/DavidAllenGreen/status/313590240096952320″]

[blackbirdpie url=”https://twitter.com/politicshomeuk/status/313592055735652352″]

[blackbirdpie url=”https://twitter.com/hackinginquiry/status/313586992090849281″]

[blackbirdpie url=”https://twitter.com/Conservatives/status/313597503385772032″]

[blackbirdpie url=”https://twitter.com/grantshapps/status/313601121581137920″]

 

Left Foot Forward has previously looked at the Leveson Inquiry here: Labour has allowed itself to be cast as the enemy of freedom, and here: Labour should resist Cameron’s suffocating embrace.

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