Libel loss for Arron Banks gives welcome fillip to media industry

Analysis: Ruling bucks trend for wealthy individuals to suppress public interest reporting via courts

The decision by a high court judge to dismiss a libel claim brought against the Observer and Guardian journalist Carole Cadwalladr by the multimillionaire Brexit backer Arron Banks is a timely shot in the arm for public interest journalism.

Concerns have long been mounting that the legal landscape in England and Wales places excessive restrictions on reporting, with London - where the high court is situated - often described as the libel capital of the world.