10.55pm GMT Summary We’re closing this live blog now but coverage of the Leveson report will continue on Friday. In the meantime here’s a round up of Thursday’s main developments: • David Cameron has rejected the central point of Lord Justice Leveson’s report into the press: that a new press regulator should be recognised by law. The PM told the Commons that legislation could ultimately infringe on free speech and a free press. However, he did say that the status quo was not an option and that he would only give the press a limited amount of time to set up a new regulatory system. • Nick Clegg, breaking with precedent, delivered his own statement to the Commons saying he was convinced of the need for legislation. Ed Miliband also said he backed statutory underpinning of a new regulator. Cross-party talks between the three leaders are due to begin this afternoon. • Following cross party talks a government source said that work will soon start on the drafting of a Leveson bill. But the source told Sky News that this was only being done to demonstrate how difficult it would be to implement Leveson’s recommendation for statutory underpinning of a… Read full this story
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