Leveson Report Delivered To David Cameron (VIDEO)

Leveson Report Delivered To British PM

British Prime Minister David Cameron has officially received a copy of the hotly awaited Leveson Report, Downing Street told the BBC Wednesday.

The report, which caps an inquiry that has lasted over a year, was given to Cameron and select members of his government 24 hours before it will be released to the public. The Leveson Inquiry was set up in the wake of the phone hacking crisis which hit Rupert Murdoch's media group, and comprised months of hearings and investigations. Lord Justice Leveson, who led the inquiry, is expected to make specific recommendations about how to govern the press in the future.

Cameron now faces the challenge of deciding what to do next. There is a heated debate in Britain about whether the government should step in and regulate the press, or whether it should be allowed to continue regulating itself. Conflicting reports about Cameron's intentions have been swirling for days, and everyone from tabloids to members of Parliament has been loudly proclaiming what they think he should do.

Speaking at the weekly Prime Minister's Questions on Wednesday, Cameron was cagey.

"The status quo is unacceptable and needs to change," he said. "I'm looking forward to reading the report carefully ... what matters most is that we end up with an independent regulatory system that can deliver, and in which the public will have confidence."

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Leveson Inquiry

Leveson Inquiry

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