
Britain’s newspapers vowed to closely scrutinise a deal struck on Monday by the main political parties for a tough new press regulator, which they warned threatens 318 years of press freedom.
MPs insisted the agreement would rein in the kind of misdeeds exposed by the News of the World phone-hacking scandal, without curbing press freedom, but the newspapers said the government had “crossed the Rubicon”.
Prime Minister David Cameron said the new regulator would have the power to issue harsh sanctions on misbehaving newspapers, including fines of up to US$1.5 million.
“We need a system of tough, independent self-regulation that will deliver for victims,” he told parliament.
Cameron warned that regulation of Britain’s famously unruly press must “actually deliver” for victims of media intrusion, rather than being simply “an exercise in grandstanding”.
The new body will be able to force newspapers to issue upfront apologies for inaccurate or intrusive stories, Cameron said, as well as offering a free arbitration system for victims.