We Will Defend Libel Case Says Ft

Summary


A mammoth libel action loomed last night after the Fi-nancial Times said it was standing by its reporting of allegations against the stockbroker Collins Stewart, after the Financial Services Authority dropped its investigation into the firm's conduct.

Collins Stewart launched a pounds 240 million action against the FT earlier this year after it reported accusations by a former analyst at the firm, James Middleweek.

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We Will Defend Libel Case Says Ft

'The fact that the FSA has written to Collins Stewart indicating that its investigation has now closed make...

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