Most of what the Minister has said is extremely persuasive, and certainly his criticism of Amendment 8, to which I have added my name, is understandable. With reference to Amendment 4, which is much less detailed, if, instead of just saying,
“unless its publication has caused substantial financial loss”,
it said, “has caused or is likely to cause substantial financial loss”, whereby the proposed new clause would read,
“The Statement is not defamatory”,
and so on, that would do little more than restate the existing common law. Would the noble Lord and his team consider something that would set out in the Bill the actual common law position without debarring corporations or creating new hurdles for them?