Government support for online regulation will encompass at least five per cent of UK businesses
Under new legislation, online platforms will be required to remove illegal and harmful content quickly
Maximum fine will be up to 10 per cent of mobile operators' turnover
Government will instead focus on protecting children through wider 'online harms' regulation
Letter to House of Commons Treasure Committee explains cause of payments glitch earlier this month
Rare fault meant identifying and rectifying cause of problem took longer than usual
Pester unable to say when all the glitches will be ironed out