ABSTRACT

The satirical magazine Private Eye is one of the best-known investigative publications in the United Kingdom, yet it feels somewhat anachronistic as we enter the third decade of the 21st century. Most prominently, the Eye’s front cover generally features a photograph from the news overlaid with speech bubbles mocking the great and the good. Private Eye is a relatively small operation and since it employs fewer than 50 staff is not required to publish annual revenues and profits. The Private Eye report built on Foxley’s revelations, linking them to broader sources of information, notably the offshore companies implicated in the contracts.