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Independent Press Standards Organisation to launch by 1st May

Publishers from across the national, regional, local and periodical press have been meeting today to sign contracts to establish the new Independent Press Standards Organisation.

Paul Vickers, Chairman, Industry Implementation Group, said: The response has been overwhelmingly positive, with publishers representing more than 90% of the national press and the vast majority of the regional press, along with major magazine publishers, signing.

This is an important milestone in the process of setting up the UK's new self-regulatory system.

We will therefore now move to complete the full implementation of IPSO - which will be an independent, tough and effective regulator fully in line with the principles of the Leveson Report - by 1st May next year.

Independent appointments procedures for IPSO are also underway and further announcements on the application and selection timetable will be made in due course by Sir Hayden Phillips.