Share-ramping ‘rife in journalism’

ONE of the reporters facing charges of share-ramping in the so-called City Slickers case yesterday claimed the practice was rife in financial journalism.

The British Department of Trade and Industry has announced charges were being brought against three people linked with the discontinued City Slickers column in the Daily Mirror, following a four-year probe.

But the Mirror’s former editor Piers Morgan was cleared. The charges revolve around claims that the City Slickers column was used to promote shares owned by journalists who wrote it.