The Guardian has admitted its story in February about Tesco’s tax affairs was defamatory, and has made a formal offer of amends to the supermarket giant.
But the newspaper has said it will “strenuously defend” Tesco’s ongoing attempts to sue for malicious falsehood.
In a letter to Tesco’s lawyers, Carter Ruck, the Guardian offered to publish a correction and apology, and pay compensation and costs.
It had already published a correction and a revised story earlier this month in a bid to set the record straight, but Tesco is reported to have sent a letter to the newspaper earlier this week demanding a more prominent apology.
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