Clegg joins Miliband in supporting state-backed press regulation

Cameron is left as the only one of the three main party leaders opposed to statutory underpinning of the new system.

Delivering his own separate Commons statement, Nick Clegg has just joined Ed Miliband in supporting state-backed regulation of the press, the central recommendation of the Leveson report. Clegg argued that changing the law was "the only way to give us all the assurance that the new regulator isn’t just independent for a few months or years, but is independent for good."

The Deputy PM said that he had concerns about the proposed changes to data protection law and the suggestion that Ofcom should independently verify the new press regulator, but otherwise welcomed Leveson's recommendations as "proportionate and workable". He rejected the claim, made by Cameron, that state involvement would blur the line between politicians and the media, arguing that the line had already been blurred under the current system of self-regulation.

Clegg concluded:

We mustn’t now prevaricate. I – like many people – am impatient for reform. And, bluntly, nothing I have seen so far in this debate suggests to me we will find a better solution than the one which has been proposed. Nor do I draw any hope from the repeated failure of pure self-regulation that we’ve seen over the last 60 years.

This leaves Cameron as the only one of the three main party leaders opposed to statutory underpinning of the new regulatory system. Should Ed Miliband succeed in forcing a vote on the Leveson report, there is now a chance that Cameron will be defeated. In addition to most Labour and Liberal Democrat MPs, more than 70 Conservative MPs have publicly declared their support for state-backed regulation.

Nick Clegg said that "changing the law" was only the way to ensure the new press regulator is independent. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

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The 5 things the Tories aren't telling you about their manifesto

Turns out the NHS is something you really have to pay for after all. 

When Theresa May launched the Conservative 2017 manifesto, she borrowed the most popular policies from across the political spectrum. Some anti-immigrant rhetoric? Some strong action on rip-off energy firms? The message is clear - you can have it all if you vote Tory.

But can you? The respected thinktank the Institute for Fiscal Studies has now been through the manifesto with a fine tooth comb, and it turns out there are some things the Tory manifesto just doesn't mention...

1. How budgeting works

They say: "a balanced budget by the middle of the next decade"

What they don't say: The Conservatives don't talk very much about new taxes or spending commitments in the manifesto. But the IFS argues that balancing the budget "would likely require more spending cuts or tax rises even beyond the end of the next parliament."

2. How this isn't the end of austerity

They say: "We will always be guided by what matters to the ordinary, working families of this nation."

What they don't say: The manifesto does not backtrack on existing planned cuts to working-age welfare benefits. According to the IFS, these cuts will "reduce the incomes of the lowest income working age households significantly – and by more than the cuts seen since 2010".

3. Why some policies don't make a difference

They say: "The Triple Lock has worked: it is now time to set pensions on an even course."

What they don't say: The argument behind scrapping the "triple lock" on pensions is that it provides an unneccessarily generous subsidy to pensioners (including superbly wealthy ones) at the expense of the taxpayer.

However, the IFS found that the Conservatives' proposed solution - a "double lock" which rises with earnings or inflation - will cost the taxpayer just as much over the coming Parliament. After all, Brexit has caused a drop in the value of sterling, which is now causing price inflation...

4. That healthcare can't be done cheap

They say: "The next Conservative government will give the NHS the resources it needs."

What they don't say: The £8bn more promised for the NHS over the next five years is a continuation of underinvestment in the NHS. The IFS says: "Conservative plans for NHS spending look very tight indeed and may well be undeliverable."

5. Cutting immigration costs us

They say: "We will therefore establish an immigration policy that allows us to reduce and control the number of people who come to Britain from the European Union, while still allowing us to attract the skilled workers our economy needs." 

What they don't say: The Office for Budget Responsibility has already calculated that lower immigration as a result of the Brexit vote could reduce tax revenues by £6bn a year in four years' time. The IFS calculates that getting net immigration down to the tens of thousands, as the Tories pledge, could double that loss.

Julia Rampen is the digital news editor of the New Statesman (previously editor of The Staggers, The New Statesman's online rolling politics blog). She has also been deputy editor at Mirror Money Online and has worked as a financial journalist for several trade magazines. 

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