Ed Miliband has just sent the letter below to the Parliamentary Labour Party on today's press regulation agreement. He writes: "Under the threat of defeat today in the Commons, David Cameron agreed to all our major demands." As George noted earlier, Cameron made three key concessions:
-That the Royal Charter will be underpinned by law, so that it can only be amended by a two-thirds majority in Parliament, rather than by ministers at will.
-That the press will not be able to veto appointments to the board of the new industry regulator.
-That the independent regulator will have the power to "direct" how newspaper apologies are made, rather than merely "requiring" them to be made. Papers, for instance, will be ordered to publish front page corrections, rather than bury them elsewhere.