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Leveson report: Newspapers reject press regulation plans

25 April 2013 Last updated at 23:08 BST

The newspaper industry has rejected a plan for press regulation agreed by the three main political parties in the wake of the Leveson Inquiry.

The newspapers opposed the idea of a regulator backed by a royal charter, and have revealed an alternative plan.

It is closely based on the draft charter agreed after the Leveson report into press standards - but without "state-sponsored regulation".

Ross Hawkins reports.