This proves my ever growing suspicion Private Eye is not what it claims to be, investigative journalism more like trivia most weeks



FOR DECADES Private Eye has hammered Britain’s national press in its celebrated Street of Shame column.

The magazine has pilloried the hypocrisy that often passes for news in papers owned by Rupert Murdoch and Lord Rothermere.

But now Parliament plans to curb the power of media billionaires, the Eye is supporting them.

Editor Ian Hislop has joined the chorus of protest at the proposed introduction of a key component of the bid to make newspapers more accountable.

Section 40 of the Crime and Courts Act 2013 makes publishers potentially liable for all costs in libel actions if they are not members of a regulator approved by the Press Recognition Panel (PRP).

The Panel was established by Royal Charter in 2013 following the Leveson Inquiry into press ethics.

The Royal Charter can only be amended by a two-thirds majority of both Houses of Parliament — and with the unanimous approval of the members of the Panel itself.

The Panel is not a regulator —…

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