April 17th, 2014

FT Rejects IPSO, Sets Up Own Regulator

FT editor Lionel Barber says the paper will set up its own mechanism to deal with complaints. It won’t be part of the new IPSO press regulator:

The Financial Times stands for an independent press, free of economic and political interference. We therefore support efforts to create a more robust system of independent regulation for the industry in the wake of the Leveson inquiry.

After careful consideration, the FT has decided to put in place a system which is accountable, credible, robust and highly adaptable to meet the pace of change in our industry. We believe this approach is consistent with our record of journalistic excellence and integrity, and it builds on our already strong system of governance designed to maintain the highest possible ethical standards.

The FT has established a track record for treading its own path at a time of wrenching change in the news business. We have consistently taken decisions which have marked a break with established industry practice when it is the right thing to do for our readers and business.

Our approach reflects the FT’s standing as an increasingly digital news operation with a global footprint. More than three-quarters of our readers are now outside the UK. Our main competitors are global news organisations, each of which applies its own system of independent regulation. There is no industry standard.

The FT has been a longstanding member of the Press Complaints Commission, which is due to expire shortly. Readers will therefore no longer have recourse to the PCC as an independent service for dealing with complaints. In its place, we will set up a new mechanism to handle reader complaints in the event that they feel our internal procedures fail to provide an adequate response or redress.

Two points are relevant here. First, our record at the PCC in recent years shows that in the overwhelming majority of cases the FT has been exonerated from criticism. Second, the FT is always willing to deal with complaints expeditiously and, if warranted, publish a clarification, correction or apology.

Nevertheless, we recognise that we need to provide additional reassurances in the post-PCC world. We will therefore be creating a new position of editorial complaints commissioner. The remit and reporting line will be set out in a public advertisement in due course. The successful candidate will be appointed by a three-person committee and will be independent of the editor.

In addition, the FT will continue to provide platforms for readers to comment on articles and participate in discussion with our reporters and commentators. We believe our conversation with readers around the world is important. Understanding what they need and value is vital to our success as a news organisation.

The FT will continue to engage with our peers in the industry. Every newspaper and news group must make their own choice regarding regulation. At this point, we have decided to plot our own course. We are committed to best practice and determined to uphold the high standards that have served the FT and our readers so well over the past 126 years.

Saying thanks but no thanks to Brian, the Royal Charter and IPSO…


53 Comments

  1. 1
    Ed Balls says:

    If we win the next election, we’re going to rule the press with an iron fisting, I mean fist.

    Like

    • 12
      Labour is the nasty party. says:

      If ever that economic genius Ed Balls gets to be Chancellor ,This country will be finished.
      He has been wrong on every single economic issue . The man is a moron.

      Like

      • 22
        Ed Ballls says:

        I know when to hide

        Like

        • 27
          The two muppets. says:

          You learnt to do that when you were bag carrier to Gordon Brown.
          I expect you were the idiot that supported him when he sold our
          gold at a give away price.

          Like

          • Mike says:

            The worrying thing about the gold sale is the implication that Gordon Brown and Red Faced Ed really believed it when claiming to have “brought an end to boom and bust”.

            Like

    • 28
      Yvette says:

      An iron’s fist

      Like

    • 39
      john bull hisself says:

      ‘the high standards that have served the FT and our readers so well over the past 126 years’

      these of course include the antics of the ft’s founder – horatio bottomley – fraudster

      Like

    • 47
      broderick crawford says:

      if this ft commissioner is to be TOTALLY independent of the world and his wife the who is going to

      dispute or appeal his drcisions

      give him a pay rise if deserved

      give him a bollocking ditto

      fire him ditto

      will avenues for career development /promotion exist or will this be a dead end job ?

      bit of lily gilding methinks

      Like

      • 53
        Bewildebeest says:

        Indeed – he who pays the piper………..
        Therefore NOT independent. As you meeja types are so fond of saying about MPs – self regulation doesn’t work. As you have so diligently proved with the PCC and its 6 (or is it 7 ?) predecessors.

        Like

  2. 2
    Palab Gauche says:

    IPSO fack you

    Like

  3. 3
    K's got bawls says:

    Be interesting to see how many others apply to join this new little club – and who doesn’t!

    Like

    • 21
      Anonymous says:

      The robotnics at the Guardian and the Mirror probably will.

      Like

      • 42
        The Growler says:

        As far as I known the FT has not been involved in phone hacking, rummaging in trash bins etc like the likes of The Mirror, Express, Mail and the Master’s rags.

        Like

  4. 4
    Enjoyed the PCC's ruling last year on Gordoom says:

    The Press Complaints Commission has rejected claims by Gordon Brown’s office that an article reporting how the former Prime Minister has received more than £2m in fees and expenses since leaving office amounted to a “deliberate slur”. The article, published on 9 December 2012 and headlined “Globe-trotting Gordon Brown loses his voice”, reported that Brown had “not spoken in parliament for more than a year while crisscrossing the globe to maintain an international profile”.

    A complaint was made to the watchdog by Charlie King, who works for the Office of Gordon and Sarah Brown. King accused the paper of publishing a “deliberate slur”, suggesting the use of the word “received” was inaccurate because Brown did not personally receive the money. In its adjudication the PCC said: “There was no dispute over the figures included in the article. It was the commission’s view that the newspaper had not misrepresented the situation. The payments related to activities undertaken by Gordon Brown — institutions or organisations made the payments in return for his services.

    Like

  5. 5
    Maria Miller says:

    And the burgeoning underclasses strike again.

    Like

  6. 6
    Prime Minister David Cameron says:

    The biggest load of bollocks you will read this week http://order-order.com/2014/04/17/graph-bbc-mind-share-v-public-market-share/ … (from @GuidoFawkes)

    Like

    • 8
      Owen Jones says:

      Hear ! Hear !

      Like

      • 26
        Spartacus says:

        next parliament style debate on order-order

        - the Royal Baby beauty contest

        Like

        • 49
          broderick crawford says:

          Comment now on this crucial social issue :

          Do you think Baby Geor ge should have been presented with a stuffed wombst a s a present on his Down Under tour and if NO do you believe this politically incorrect action will have psychologically scarred him for lifeand will come to impinge on his duties as Sovreign in his later career.
          Ring Victoria Lardyshire on the Radio Five Dead Debate NOW — and contribute abs olutely not one whit to the total sum of human knowledge !

          Like

  7. 7
    Where are Tony Blair's Expenses says:

    State control of the press another one of Cameron’s success stories.

    But for a free press and thank god the internet, Saville, Smith, PIE, phone hacking, expenses fraud, postal voting fraud etc. would all be in the long grass

    All pushed through by Maria Miller, does anyone else think that Cameron asked her ( instructed ?)to introduce state control of the press as a pay off for his ridiculous support when the extent of her expenses fraud came to light

    Like

  8. 9
    Lord Stansted says:

    I’m not fan of the pro-EU editorial stance of the FT, but they are probably right in what they’re doing. After all, as they say, 3/4+ of its readers live outside the UK.

    Like

  9. 10
    The British media are cunts says:

    I’m going to set up my own body for regulating my taxes.

    Like

    • 18
      Sarah Brown says:

      That’s what Gordon and I did. A nice accountant recommended we base our “charity” called the Office of Gordon and Sarah Brown in a tax haven in the US and run up the biggest expenses bill possible.

      I’m now officially an activist and campaigner against the patriarchy now Britain is officially the most sexist country in the world according to the glorious multicultural minority ethnic UN.

      Like

  10. 13
    Mitch says:

    The FT aren’t well know for kiss-and-tell stories and character assasination.

    Like

  11. 14
    Toxic Tories for Landowning Spongers, Parasites, Criminals, Expenses Fraudsters, Traitors, Peedos, & says:

    Tories. Robots with no empathy for the poor, disabled, unemployed people and our youth.Eyes only open up when they see the pound sign

    Like

    • 16
      Grasping Labour MP says:

      Did you say pounds? Where? I wants it. Yeah, life must be hard for the disabled, blah, blah. Just hand over the moolah.

      Like

    • 23
      Ed Millibandwagon says:

      Thome are more equal than otherth….there, that’th the Labour Party election thlogan done, ok Len?

      Like

    • 36
      Pookie snackumberger says:

      Get the kinocks, blairs and other wealty hypocrits in your labour party to put their hands un their pockets if you realy care.

      Like

  12. 15
    Border Terrier says:

    FT – simply the best newspaper in Britain. Okay, not much totty.

    Like

    • 51
      broderick crawford says:

      yeah possibly

      but firstly there s too much in it to read unless you spend the whole working day doing so to the exclusion of all else

      second , what about that price . i do n t know what it is now but the last time i bought it twelve months ago i think it was £2.50 for the daily and three quid for the weekend !!???

      now i m retired i just read CITY AM … free , much more succinct and manually manageable .

      Plus its arse wiping qualities compete with the PINK’UN any day ….

      Like

  13. 17
    You couldn't make it up ! says:

    North Korea failed to see the joke when a London hair salon used a picture of its leader Kim Jong Un to try to attract more customers and has written to Britain’s Foreign Office asking it to stop what it calls a “provocation”.

    A hair salon in west London put up a giant poster of the North Korean leader in its window after reading unconfirmed media reports that men in the reclusive Asian state had been ordered to have the same hairdo.

    The promotional poster read: “Bad Hair Day? 15 percent off all gent cuts through the month of April.”

    With its shaved sides and bowl-like shape, Kim Jong Un’s distinctive haircut has been a light-hearted talking point for North Korea watchers.

    But officials at the country’s embassy, which is just a short walk away from the salon, visited to complain and wrote to the Foreign Office asking it to take “necessary action” to stop “the provocation,” a British diplomatic source said.

    The source said that Owen Jones of The Foreign Office was considering his response.

    Like

  14. 19
    The Mad Mullah says:

    Abu Hamza, Abu Qatada, Anjem Choudary, Omar Bakri Muhammad and Hassan M. Abukar: the five pillocks of Islam.

    Like

  15. 24
    Toxic Tories for Landowning Spongers, Parasites, Criminals, Expenses Fraudsters, Traitors, Peedos, & says:

    Even Thatcher realised that if you starve the population then eventually you will have riots and one day revolution. People can only be pushed so far. When they have nothing, they have nothing to lose. The government think that they can continue the transfer of national wealth to the rich and super-rich, can rip up the social fabric, can leave vast swathes of the population destitute, and can do all this without consequences. The population may be fairly acquiescent now. But as the man said “a hard rain is going fall”.

    All people want is a decent standard of living, enough food on the table for their children, to not freeze in winter, to have a roof over their heads, and to be treated with dignity. But this now seems to be asking too much. Me I am for peaceful protest and hope that the damage can be stopped and repaired before this country wanders into an unimaginably dark place

    Like

    • 30
      Táxpáyér says:

      >When they have nothing, they have nothing to lose

      That’s why Mrs Thatcher (PBUH) stopped the state taking so much from the people!

      Like

      • 37
        Socialism is theft says:

        So how come we have an obesity crisis when there are so many ludicrous claims of starvation?

        Tesco profits down 7%. No wonder when people can get food for free at food banks. Never known yet something being given away for free that doesn’t increase demand.

        Like

        • 41
          Norman Normal says:

          The committed socialists have taken 1 million food parcels to mean 1 million hungry people when in reality it’s around a third of that, 50% of those will be immigrants and 50% of the latter will be spongers as described by those using the system.

          Like

    • 31
      Táxpáyér says:

      Yes we need vast tax cuts and a smaller state ASAP.

      Like

    • 32
      Unexpected item in bagging area says:

      “All people want is a decent standard of living, enough food on the table for their children, to not freeze in winter, to have a roof over their heads…”

      Get a fecking job then ya lazy cnut.

      Like

    • 33
      Anonymous says:

      But Cameron has found if you starve them they go and find jobs.

      I think you will find that the riots in Thatchers time had it’s roots in poor policing, poorly run nationalised industries, badly run unions. We are only now finding the extent of corruption & cover up in the police force during the 80′s as one example do I need to say more then Hillsborough.

      Like

    • 34
      B3 says:

      Thank the EU for that – not one of the lib/lab/con puppets.

      Like

    • 46
      The Growler says:

      Yup, vote UKip the LibLabCons are as bad each other, shock to come for Dave, Ukip get 50% of EU seats

      Like

  16. 29
    Casual Observer 2 says:

    Well done F.T. — Fuck off Leveson, Huge Grunt & Co. and all those bastard politicians who want to control the Press

    Like

  17. 45
    Old Grumpy says:

    I’ve no sympathy with Grant and Co.. Likewise I am unimpressed with the attempts by the Press to try to carry on as usual.

    Time for them to conform to the rest of us, for whom all actions bear consequences!

    Like


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Left on Left says:

The lefties are attacking because the panellist is a millionaire and lives in a London home worth upwards of two million. Someone had best tell them he’s called Ed Miliband.


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