Bloomberg has lost an appeal in the UK Supreme Court in a landmark privacy case over the media company’s reporting of a high-profile financial investigation. Five judges on Wednesday dismissed the appeal brought by Bloomberg over the publication of information about a U.S. citizen under investigation by a UK legal enforcement body prior to charge. A previous reporting restriction prohibiting the reporting of the individual’s name and any particulars or details likely to identify the individual also remains. The judgment is unpopular among media and some legal firms, who argued that the precedent would promote self-censorship in media and enable high-profile individuals under investigation to stop media from reporting the facts early on. Handing down the judgment, Nicholas Hamblen, Lord Hamblen of Kersey, said it was the first time such a case had to be addressed by the Supreme Court. “Bloomberg relied on the public’s ability to observe the presumption of innocence, …