+ + LEVESON REPORT TOP LINES + +


+ + PCC TO GO, NEW BODY UNDERPINNED BY LEGISLATION + +
+ + POLITICIANS MUST PUBLISH DETAILS OF ALL CONTACT WITH SENIOR MEDIA + +
+ + LEVESON SAYS ‘NO DEAL’ BETWEEN NEWS INT AND TORIES + +
+ + HUNT CLEARED OF BIAS, CABLE CRITICISED + +

Lord Justice Leveson slams press saying “behaviour can only be described as outrageous” across all papers and says criminality was ignored. The police get off relatively lightly, but politicians are slammed for years of turning a blind eye and getting too cosy.

The PCC is a goner. Brian recommends parliament legislate to set up a body to regulate the press that has the power to force due prominence apologies and corrections and fine up a million pounds or 1% of turnover. It should have investigative power.

The press will have to come up with their own body and pay for it. The new body will be “validated” by Ofcom. The body will have no power to make organisations and titles join it but those that do not will be seen in the eyes of the law as negligent and showing wilful disregard for standards and thus face far high costs in civil claims. He says government might want to consider Ofcom regulating those that refuse to join and should be considered as overseeing body if new system fails.

Leveson dresses up new legislation as enshrining freedom of the press and closes with a quote from Sir John Major saying its now or never. Leveson says this is not state regulation but an independent body given powers by the state.

The police are to stop using the term “off the record” and politicians should publish all relationships with senior media figures and brief notes of what was discussed. Estimate of all forms of contact including emails and texts should also be published

On a political note Leveson says there was no deal with the Tories and News Int, criticises but does not name politicians for being too close to media, turning blind eye and failing to get a grip sooner. All too close. Hunt is cleared of bias, though Cable gets a slap for letting his own views get in the way.

More follows…




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Quote of the Day

The FT’s Wolfgang Munchau on the “fake maths” of economic forecasts:

“The truth is that our ability to forecast the future beyond the current quarter is limited… The curse of our time is fake maths. Think of it as fake news for numerically literate intellectuals: it is the abuse of statistics and economic models to peddle one’s own political prejudice… The fakeness of the maths lies in an exaggerated inference. Economic models have their uses, as do opinion polls. They provide information to policymakers and markets. But nobody can see through the fog of the future.”

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