In this sense, they don’t go together.

‘MORAL DUTY’

Last week, Mr Zuckerberg told politicians in Ireland that the company would work with governments to establish new policies in a bid to regulate social media.

The Home Secretary, Sajid Javid added that tech firms had a “moral duty” to protect the young people they “profit from”.

“Despite our repeated calls to action, harmful and illegal content – including child abuse and terrorism – is still too readily available online,” he said.

“That is why we are forcing these firms to clean up their act once and for all. I made it my mission to protect our young people – and we are now delivering on that promise.”

A 12-week consultation of the proposals will now take place before the Government will publish its final proposals for legislation.

The Government said the proposed regulator would have a legal duty to pay due regard to innovation, as well as to protect users’ rights online.

Social networks have failed to prioritise children’s safety and left them exposed to grooming, abuse, and harmful content

Peter Wanless, NSPCC

Peter Wanless, chief executive of children’s charity the NSPCC – which publicly backed the idea regulation in February, said the proposals would make the UK a “world pioneer” in protecting children online.

“For too long social networks have failed to prioritise children’s safety and left them exposed to grooming, abuse, and harmful content,” he said.

“So it’s high time they were forced to act through this legally binding duty to protect children, backed up with hefty punishments if they fail to do so.

“We are pleased that the Government has listened to the NSPCC’s detailed proposals and we are grateful to all those who supported our campaign.”

However, former culture secretary John Whittingdale warned minister risked dragging people into a “draconian censorship regime” in their attempts to regulate internet firms.

Writing in the Mail on Sunday, he said he feared the plans could “give succour to Britain’s enemies”, giving them an excuse to further censor their own people.

“Countries such as China, Russia and North Korea, which allow no political dissent and deny their people freedom of speech, are also keen to impose censorship online, just as they already do on traditional media,” he said.

“This mooted new UK regulator must not give the despots an excuse to claim that they are simply following an example set by Britain, where civil liberties were first entrenched in Magna Carta 800 years ago,” he said.

FB outrage of the day (again, told ya so) and woe unto GB.