Quote of the day

Simon Hoggart in The Guardian (here):

Gosh, they were pleased with themselves. They'd come to a deal over press regulation, and there hasn't been so much self-congratulation over a multilateral pact since Versailles in 1914. David Cameron paid tribute to Nick Clegg andEd Miliband. Clegg had kind words for Miliband and Cameron. Miliband himself was in grateful debt to Cameron and Clegg. It was what the Americans call a "circle jerk".

Don't expect any comments from me on the deal.  The press have written yards and yards of comment, none of which actually explains what the deal involves.  And I am far from sure that Cameron, Clegg and Miliband understand precisely what they have signed up to.