Gravy train hits buffers

Here's some good news about libel costs. Justice Secretary Jack Straw has reduced the success fees that libel lawyers can charge in "no win, no fee" defamation cases from 100% to 10% from April this year.
Straw said: "Reducing the success fees charged by lawyers in no-win, no-fee defamation cases will help level the playing field so that scientists, journalists and writers can continue to publish articles which are in the public interest without incurring such disproportionate legal bills. This is particularly important for ensuring open scientific exchange and protecting the future of our regional media, who have small budgets but play a large role in our democracy."
Ministry of Justice release here.