Oh dear. It seems that FBPE’s (Follow Back, Pro EU) favourite journalist is paying the price for her accusations against Arron Banks. The Court of Appeal costs have just come through against Carole Cadwalladr after making claims about Banks’ ties to Russia. And with costs on both sides in the region of £1.6 million, the judge has said that the Observer hack has to pay for 60 per cent of Banks’ costs – as well as 100 per cent of her own.
That could put Cadwalladr’s total costs in the region of £2 million or so. Ouch. Steerpike caught up with Banks earlier this afternoon and spoke to the multi-millionaire mogul as he was celebrating in Rome. ‘It’s a great result’ he declared, noting that he was enjoying his view of the Colosseum. ‘I’m going to celebrate like it’s the last days of Rome.’

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