From The Register:

The coalition government has approved a multibillion-pound plan by the intelligence agencies to store details of every online conversation.

The reemerging Interception Modernisation Programme (IMP) means internet providers will be forced to install interception equipment in their networks to capture details of who contacts whom, when, where and how via services such as Facebook, Skype, webmail, and online games.

Read more about it here.

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