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Arron Banks loses libel action against reporter Carole Cadwalladr

Guardian journalist was being sued for defamation over Brexit backer’s ‘covert relationship’ with Russia

The multimillionaire Brexit backer Arron Banks has lost his libel action against the Observer and Guardian journalist Carole Cadwalladr, which was criticised as an attack on free speech.

Banks, who funded the pro-Brexit Leave.EU campaign group, sued Cadwalladr personally over two instances in which she said the businessman was lying about his relationship with the Russian state – one in a Ted Talk and the other in a tweet.

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