Late night Leveson talks bring parties close to deal

So it looks as though a deal has been struck on Leveson after late night talks. Oliver Letwin, Nick Clegg, Ed Miliband and Harriet Harman were holed up in Miliband’s office until 2.30 this morning, and Labour is now confident that it is close not just to an agreement on press regulation, but an agreement on its own proposals for a Royal Charter, rather than the government’s draft.

As Coffee House reported on Friday, David Cameron was facing a rebellion of around 20 Tory MPs and a defeat in the House of Commons on his Conservative amendment which introduced the Royal Charter. That threat appears to have concentrated the mind rather. But if the briefing from Labour – that its proposals are the ones that the agreement revolves around – is correct, then this means that there will be statutory underpinning for a press regulator, which is something David Cameron has resisted.