Phone hacking Inquiry - live

http://www.guardian.co.uk/media/blog/2011/nov/16/leveson-inquiry-live-phone-hacking
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1.00pm: Here's a lunchtime roundup of what the Leveson inquiry has heard so far:

• Michelle Stanistreet, general secretary of the NUJ, told the inquiry that the PCC is a self-serving gentleman's club that has failed abysmally at self-regulation of the press.

• Stanistreet said that a News of the World executive urged the private detective Derek Webb to become a journalist after the arrest of Clive Goodman, the royal editor, in 2006.

• Alan Rusbridger, editor-in-chief of Guardian News & Media, has told the inquiry of a shocking failure of checks and balances that led to the phone-hacking scandal.

• Rusbridger urged the inquiry to examine the issues of media plurality and competition.

• Milly and Bob Dowler will be the first core participant "victims" to appear next Monday.

• David Sherborne, lawyer for many of the phone-hacking victims, said there had been a "serious breakdown of trust between the press and the general public".